Heartland Advisors Inc. Acquires Shares of 229,184 Hayward Holdings, Inc. $HAYW

Heartland Advisors Inc. bought a new position in shares of Hayward Holdings, Inc. (NYSE:HAYW) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 229,184 shares of the company’s stock, valued at approximately $3,967,000. Heartland Advisors Inc. owned approximately 0.11% of Hayward at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Royal Bank of Canada increased its stake in Hayward by 36.2% during the 1st quarter. Royal Bank of Canada now owns 126,506 shares of the company’s stock worth $1,760,000 after buying an additional 33,614 shares during the period. Millennium Management LLC boosted its position in Hayward by 6.8% in the 1st quarter. Millennium Management LLC now owns 486,132 shares of the company’s stock valued at $6,767,000 after buying an additional 30,763 shares during the last quarter. Jane Street Group LLC boosted its position in Hayward by 8.2% in the 1st quarter. Jane Street Group LLC now owns 38,064 shares of the company’s stock valued at $530,000 after buying an additional 2,885 shares during the last quarter. Invesco Ltd. grew its stake in shares of Hayward by 5.1% during the second quarter. Invesco Ltd. now owns 3,061,859 shares of the company’s stock valued at $42,254,000 after acquiring an additional 149,155 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Hayward by 149.2% during the second quarter. EverSource Wealth Advisors LLC now owns 4,700 shares of the company’s stock valued at $65,000 after acquiring an additional 2,814 shares in the last quarter.

Hayward Stock Performance

Shares of Hayward stock opened at $14.65 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.49 and a current ratio of 3.33. Hayward Holdings, Inc. has a 1 year low of $12.93 and a 1 year high of $17.73. The firm’s 50-day simple moving average is $15.41 and its 200-day simple moving average is $14.98. The firm has a market cap of $3.11 billion, a PE ratio of 19.80, a price-to-earnings-growth ratio of 1.34 and a beta of 1.09.

Hayward (NYSE:HAYW) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.02. Hayward had a return on equity of 11.61% and a net margin of 13.83%.The business had revenue of $318.38 million during the quarter, compared to the consensus estimate of $303.35 million. During the same period last year, the firm earned $0.24 earnings per share. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. Equities analysts forecast that Hayward Holdings, Inc. will post 0.87 earnings per share for the current fiscal year.

Insider Buying and Selling at Hayward

In other news, CEO Kevin Holleran sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $15.31, for a total value of $765,500.00. Following the completion of the sale, the chief executive officer directly owned 701,234 shares in the company, valued at approximately $10,735,892.54. The trade was a 6.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 272,389 shares of company stock valued at $4,415,044. 4.73% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on HAYW. KeyCorp reiterated a “sector weight” rating on shares of Hayward in a research note on Monday, July 20th. Weiss Ratings upgraded Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. Cantor Fitzgerald restated a “neutral” rating on shares of Hayward in a report on Monday, July 6th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Hayward in a research report on Wednesday, July 29th. Finally, Zacks Research cut Hayward from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Two equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Hayward has a consensus rating of “Hold” and a consensus target price of $17.50.

Hayward Company 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.