Hayward Holdings, Inc. $HAYW Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lessened its stake in Hayward Holdings, Inc. (NYSE:HAYW) by 4.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 398,688 shares of the company’s stock after selling 16,481 shares during the quarter. Los Angeles Capital Management LLC owned approximately 0.18% of Hayward worth $5,502,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Teacher Retirement System of Texas grew its stake in Hayward by 99.1% in the first quarter. Teacher Retirement System of Texas now owns 29,535 shares of the company’s stock worth $411,000 after purchasing an additional 14,702 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Hayward by 2.4% in the 1st quarter. Principal Financial Group Inc. now owns 706,002 shares of the company’s stock worth $9,828,000 after acquiring an additional 16,522 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Hayward by 50.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 71,174 shares of the company’s stock worth $991,000 after acquiring an additional 23,790 shares in the last quarter. Cerity Partners LLC increased its holdings in shares of Hayward by 0.9% in the 1st quarter. Cerity Partners LLC now owns 99,195 shares of the company’s stock valued at $1,381,000 after acquiring an additional 869 shares during the last quarter. Finally, Arizona State Retirement System raised its position in shares of Hayward by 27.2% during the 1st quarter. Arizona State Retirement System now owns 55,613 shares of the company’s stock valued at $774,000 after acquiring an additional 11,909 shares in the last quarter.

Hayward Price Performance

Shares of NYSE HAYW opened at $15.89 on Monday. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.18 and a quick ratio of 2.31. The firm has a market capitalization of $3.45 billion, a PE ratio of 25.63, a P/E/G ratio of 1.67 and a beta of 1.12. Hayward Holdings, Inc. has a 1-year low of $11.10 and a 1-year high of $17.73. The business’s fifty day moving average price is $15.57 and its two-hundred day moving average price is $14.91.

Hayward (NYSE:HAYW) last announced its quarterly earnings results on Wednesday, October 29th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.02. Hayward had a net margin of 12.54% and a return on equity of 11.24%. The company had revenue of $244.34 million during the quarter, compared to the consensus estimate of $231.46 million. During the same quarter in the previous year, the company posted $0.11 earnings per share. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. Hayward has set its FY 2025 guidance at EPS. On average, research analysts expect that Hayward Holdings, Inc. will post 0.6 EPS for the current year.

Insider Activity

In other news, CFO Eifion Jones sold 25,000 shares of Hayward stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $17.50, for a total transaction of $437,500.00. Following the sale, the chief financial officer owned 287,231 shares of the company’s stock, valued at approximately $5,026,542.50. The trade was a 8.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Kevin Holleran sold 60,571 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $15.16, for a total value of $918,256.36. Following the completion of the sale, the chief executive officer owned 623,540 shares in the company, valued at approximately $9,452,866.40. This represents a 8.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 166,142 shares of company stock valued at $2,699,715. 5.06% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have commented on HAYW shares. Zacks Research raised shares of Hayward from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 22nd. Stifel Nicolaus raised their price target on shares of Hayward from $17.50 to $18.00 and gave the stock a “buy” rating in a research report on Friday, September 5th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hayward in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Hayward has a consensus rating of “Moderate Buy” and an average target price of $18.00.

Hayward Company Profile

Hayward Holdings, Inc designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. The company offers pool equipment, including pumps, filters, robotics, suction and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water sanitizers, salt chlorine generators, safety equipment, and in-floor automated cleaning systems, as well as LED illumination solutions.