Diversified Trust Co Buys 2,289 Shares of Hayward Holdings, Inc. (NYSE:HAYW)

Diversified Trust Co boosted its position in Hayward Holdings, Inc. (NYSE:HAYW) by 4.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 54,470 shares of the company’s stock after buying an additional 2,289 shares during the quarter. Diversified Trust Co’s holdings in Hayward were worth $670,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Bessemer Group Inc. lifted its stake in shares of Hayward by 1.4% during the 1st quarter. Bessemer Group Inc. now owns 81,400 shares of the company’s stock valued at $1,246,000 after buying an additional 1,100 shares in the last quarter. Texas Permanent School Fund Corp lifted its position in shares of Hayward by 1.3% during the first quarter. Texas Permanent School Fund Corp now owns 110,346 shares of the company’s stock worth $1,689,000 after acquiring an additional 1,443 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Hayward by 0.3% in the first quarter. Principal Financial Group Inc. now owns 651,265 shares of the company’s stock worth $9,971,000 after acquiring an additional 1,661 shares during the period. GAMMA Investing LLC grew its position in shares of Hayward by 178.5% in the first quarter. GAMMA Investing LLC now owns 2,674 shares of the company’s stock valued at $41,000 after purchasing an additional 1,714 shares in the last quarter. Finally, Swiss National Bank raised its stake in shares of Hayward by 0.6% during the 1st quarter. Swiss National Bank now owns 295,400 shares of the company’s stock valued at $4,523,000 after purchasing an additional 1,900 shares during the period.

Analysts Set New Price Targets

A number of research firms have weighed in on HAYW. The Goldman Sachs Group reduced their target price on Hayward from $15.00 to $13.00 and set a “neutral” rating for the company in a report on Tuesday, July 2nd. KeyCorp decreased their target price on shares of Hayward from $17.00 to $16.00 and set an “overweight” rating on the stock in a report on Friday, July 19th. Stifel Nicolaus raised their price target on shares of Hayward from $14.00 to $15.00 and gave the company a “hold” rating in a report on Wednesday, July 31st. Finally, Robert W. Baird boosted their target price on Hayward from $16.00 to $19.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 31st. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $15.40.

Hayward Price Performance

HAYW traded down $0.04 during midday trading on Wednesday, hitting $14.00. The stock had a trading volume of 149,156 shares, compared to its average volume of 1,367,249. Hayward Holdings, Inc. has a 1 year low of $9.80 and a 1 year high of $16.04. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.34 and a current ratio of 2.59. The business has a fifty day moving average of $13.16 and a 200 day moving average of $13.69. The company has a market cap of $3.01 billion, a P/E ratio of 39.00, a price-to-earnings-growth ratio of 2.40 and a beta of 1.21.

Hayward (NYSE:HAYW) last announced its quarterly earnings data on Tuesday, July 30th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.01. The company had revenue of $284.39 million during the quarter, compared to analysts’ expectations of $282.60 million. Hayward had a net margin of 9.06% and a return on equity of 9.66%. The firm’s revenue was up .3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.19 EPS. As a group, equities analysts forecast that Hayward Holdings, Inc. will post 0.58 earnings per share for the current fiscal year.

Insider Buying and Selling at Hayward

In other news, SVP Susan M. Canning sold 5,028 shares of Hayward stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $14.00, for a total value of $70,392.00. Following the transaction, the senior vice president now owns 67,904 shares in the company, valued at $950,656. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, SVP Susan M. Canning sold 5,028 shares of the stock in a transaction that occurred on Tuesday, July 16th. The stock was sold at an average price of $14.00, for a total transaction of $70,392.00. Following the completion of the sale, the senior vice president now owns 67,904 shares of the company’s stock, valued at $950,656. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Kevin Holleran sold 42,857 shares of the firm’s stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $13.96, for a total transaction of $598,283.72. Following the completion of the transaction, the chief executive officer now owns 522,799 shares in the company, valued at approximately $7,298,274.04. The disclosure for this sale can be found here. Insiders sold a total of 133,599 shares of company stock worth $1,772,672 over the last three months. Company insiders own 3.25% of the company’s stock.

About Hayward

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.