Hayward (NYSE:HAYW) SVP Susan Canning Sells 3,500 Shares of Stock

Hayward Holdings, Inc. (NYSE:HAYW) SVP Susan Canning sold 3,500 shares of Hayward stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $12.84, for a total transaction of $44,940.00. Following the completion of the sale, the senior vice president directly owned 167,911 shares of the company’s stock, valued at approximately $2,155,977.24. This trade represents a 2.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Hayward Stock Down 0.1%

Shares of HAYW stock traded down $0.01 on Thursday, reaching $12.91. 3,642,867 shares of the company were exchanged, compared to its average volume of 2,399,853. The company has a market cap of $2.74 billion, a price-to-earnings ratio of 17.45, a PEG ratio of 1.17 and a beta of 1.10. The company has a 50-day moving average of $14.60 and a 200-day moving average of $14.64. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.33 and a quick ratio of 2.49. Hayward Holdings, Inc. has a one year low of $12.63 and a one year high of $17.73.

Hayward (NYSE:HAYW) last issued its earnings results on Wednesday, July 29th. The company reported $0.26 EPS for the quarter, beating 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 analyst estimates of $303.35 million. During the same period in the previous year, the company posted $0.24 EPS. The firm’s revenue was up 6.3% compared to the same quarter last year. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. Analysts anticipate that Hayward Holdings, Inc. will post 0.87 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. The Goldman Sachs Group restated a “neutral” rating on shares of Hayward in a report on Wednesday, July 29th. Wolfe Research began coverage on shares of Hayward in a research report on Tuesday. They issued a “peer perform” rating for the company. Cantor Fitzgerald restated a “neutral” rating on shares of Hayward in a research note on Monday, July 6th. Weiss Ratings downgraded shares of Hayward from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday. Finally, KeyCorp reiterated a “sector weight” rating on shares of Hayward in a report on Monday, July 20th. Two analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $17.50.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HAYW. Jackson Creek Investment Advisors LLC purchased a new stake in shares of Hayward in the fourth quarter valued at about $1,744,000. Fiduciary Management Inc. WI boosted its holdings in Hayward by 13.2% during the fourth quarter. Fiduciary Management Inc. WI now owns 9,089,866 shares of the company’s stock worth $140,438,000 after purchasing an additional 1,063,380 shares during the last quarter. BlackRock Inc. purchased a new position in Hayward during the second quarter worth about $422,455,000. Legal & General Group Plc bought a new stake in Hayward in the 2nd quarter worth about $8,358,000. Finally, Intech Investment Management LLC grew its position in Hayward by 371.8% in the 4th quarter. Intech Investment Management LLC now owns 150,651 shares of the company’s stock worth $2,328,000 after purchasing an additional 118,720 shares in the last quarter.

Hayward Company Profile

Hayward Holdings, Inc designs, manufactures and sells equipment and systems used in residential and commercial swimming pools. Its product portfolio includes pumps, filters, heaters, heat pumps, automatic cleaners, lighting, salt chlorination systems and pool automation and controls.

The company’s products are intended to help pool owners and professionals circulate, filter, heat, sanitize and manage pool water. Hayward sells through distributors, retailers, pool builders and service professionals, serving customers primarily in North America as well as selected international markets.

Hayward’s business traces its history to 1925 and has developed from a pool-equipment manufacturer into a provider of connected and energy-efficient pool solutions.