Kevin Holleran Sells 100,000 Shares of Hayward Holdings, Inc. (NYSE:HAYW) Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 100,000 shares of the stock in a transaction on Monday, November 11th. The shares were sold at an average price of $15.96, for a total value of $1,596,000.00. Following the completion of the transaction, the chief executive officer now owns 522,799 shares of the company’s stock, valued at $8,343,872.04. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Kevin Holleran also recently made the following trade(s):

• On Tuesday, September 3rd, Kevin Holleran sold 42,857 shares of Hayward stock. The shares were sold at an average price of $14.29, for a total transaction of $612,426.53.

Hayward Price Performance

Shares of NYSE:HAYW opened at $15.90 on Wednesday. The firm has a market cap of $3.43 billion, a price-to-earnings ratio of 37.86, a P/E/G ratio of 2.25 and a beta of 1.19. Hayward Holdings, Inc. has a 1 year low of $10.72 and a 1 year high of $16.87. The company has a current ratio of 2.62, a quick ratio of 1.69 and a debt-to-equity ratio of 0.70. The business has a fifty day simple moving average of $14.99 and a 200 day simple moving average of $14.18.

Hayward (NYSE:HAYW) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. The business had revenue of $227.57 million during the quarter, compared to analyst estimates of $222.88 million. Hayward had a return on equity of 9.93% and a net margin of 9.47%. The firm’s revenue was up 3.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.08 EPS. As a group, sell-side analysts predict that Hayward Holdings, Inc. will post 0.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of HAYW. Vanguard Group Inc. lifted its stake in shares of Hayward by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 14,755,190 shares of the company’s stock valued at $225,902,000 after purchasing an additional 51,488 shares during the last quarter. Victory Capital Management Inc. raised its holdings in Hayward by 0.6% during the third quarter. Victory Capital Management Inc. now owns 5,123,240 shares of the company’s stock valued at $78,591,000 after buying an additional 32,514 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Hayward by 13.6% in the second quarter. American Century Companies Inc. now owns 4,671,932 shares of the company’s stock worth $57,465,000 after buying an additional 558,227 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Hayward by 12.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,267,404 shares of the company’s stock worth $52,489,000 after acquiring an additional 469,124 shares in the last quarter. Finally, WCM Investment Management LLC increased its holdings in shares of Hayward by 2.2% during the 3rd quarter. WCM Investment Management LLC now owns 2,041,398 shares of the company’s stock valued at $31,152,000 after acquiring an additional 43,222 shares during the last quarter.

Wall Street Analyst Weigh In

HAYW has been the topic of a number of recent analyst reports. The Goldman Sachs Group boosted their price target on shares of Hayward from $14.00 to $16.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Stifel Nicolaus increased their target price on Hayward from $15.50 to $16.00 and gave the company a “hold” rating in a report on Monday, October 28th. Robert W. Baird upped their price target on Hayward from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Finally, KeyCorp increased their price objective on Hayward from $17.00 to $18.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $16.80.

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.