UBS Group AG Sells 317,468 Shares of Hayward Holdings, Inc. $HAYW

UBS Group AG lowered its stake in Hayward Holdings, Inc. (NYSE:HAYW) by 26.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 863,967 shares of the company’s stock after selling 317,468 shares during the quarter. UBS Group AG’s holdings in Hayward were worth $13,348,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. CIBC Bancorp USA Inc. bought a new stake in shares of Hayward in the 3rd quarter valued at $37,846,000. Principal Financial Group Inc. increased its stake in shares of Hayward by 35.4% in the 3rd quarter. Principal Financial Group Inc. now owns 956,373 shares of the company’s stock valued at $14,460,000 after acquiring an additional 250,214 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Hayward by 3.3% in the 3rd quarter. American Century Companies Inc. now owns 6,650,091 shares of the company’s stock valued at $100,549,000 after acquiring an additional 211,075 shares in the last quarter. Rhumbline Advisers increased its stake in shares of Hayward by 23.5% in the 3rd quarter. Rhumbline Advisers now owns 441,107 shares of the company’s stock valued at $6,670,000 after acquiring an additional 84,067 shares in the last quarter. Finally, ING Groep NV bought a new stake in shares of Hayward in the 3rd quarter valued at $1,001,000.

Hayward Stock Performance

NYSE HAYW opened at $13.92 on Friday. The company has a fifty day simple moving average of $14.41 and a 200 day simple moving average of $15.52. Hayward Holdings, Inc. has a 12-month low of $13.04 and a 12-month high of $17.73. The company has a current ratio of 3.26, a quick ratio of 2.47 and a debt-to-equity ratio of 0.58. The company has a market cap of $3.02 billion, a P/E ratio of 19.07, a PEG ratio of 1.44 and a beta of 1.14.

Hayward (NYSE:HAYW) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. The firm had revenue of $255.22 million for the quarter, compared to the consensus estimate of $239.13 million. Hayward had a net margin of 13.98% and a return on equity of 11.45%. The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.10 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. Sell-side analysts predict that Hayward Holdings, Inc. will post 0.86 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Stifel Nicolaus reiterated a “buy” rating and issued a $19.50 price objective (up from $19.00) on shares of Hayward in a research note on Thursday, February 26th. Jefferies Financial Group reissued a “hold” rating and issued a $15.00 price target (down from $16.00) on shares of Hayward in a research report on Tuesday, March 31st. Weiss Ratings downgraded shares of Hayward from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, April 8th. Bank of America reduced their price target on shares of Hayward from $19.00 to $18.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Finally, Zacks Research downgraded shares of Hayward from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Hayward presently has an average rating of “Hold” and a consensus price target of $17.50.

Insiders Place Their Bets

In other Hayward news, CFO Eifion Jones sold 15,000 shares of Hayward stock in a transaction on Monday, March 9th. The shares were sold at an average price of $14.57, for a total transaction of $218,550.00. Following the transaction, the chief financial officer directly owned 316,100 shares of the company’s stock, valued at $4,605,577. The trade was a 4.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Susan M. Canning acquired 2,242 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were purchased at an average cost of $12.76 per share, for a total transaction of $28,607.92. Following the completion of the acquisition, the senior vice president directly owned 103,837 shares in the company, valued at approximately $1,324,960.12. The trade was a 2.21% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold 119,778 shares of company stock valued at $1,745,689 in the last three months. 4.73% of the stock is currently owned by insiders.

Hayward Profile

Hayward Holdings, Inc is a leading manufacturer and marketer of residential and commercial swimming pool equipment and related outdoor living products. The company designs, engineers and produces a comprehensive range of products that address water circulation, filtration, heating, sanitation, automation, lighting and cleaning needs for pools and spas. Hayward’s offerings include pumps, filters, heaters, salt and chemical sanitization systems, automation controls, lights, robotic cleaners and various accessories that serve both new pool construction and aftermarket renovation markets.

Hayward’s product portfolio is organized into several core categories.