Public Employees Retirement Association of Colorado Boosts Stock Holdings in Hayward Holdings, Inc. $HAYW

Public Employees Retirement Association of Colorado increased its position in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 26.2% in the 4th quarter, HoldingsChannel reports. The firm owned 1,083,987 shares of the company’s stock after purchasing an additional 224,800 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Hayward were worth $16,748,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in HAYW. JPMorgan Chase & Co. raised its holdings in Hayward by 29.0% during the third quarter. JPMorgan Chase & Co. now owns 11,683,580 shares of the company’s stock worth $176,656,000 after purchasing an additional 2,627,348 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Hayward by 327,101.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,565,263 shares of the company’s stock worth $39,633,000 after purchasing an additional 2,564,479 shares in the last quarter. Focus Partners Wealth raised its holdings in Hayward by 17,180.8% during the fourth quarter. Focus Partners Wealth now owns 2,576,737 shares of the company’s stock worth $39,811,000 after purchasing an additional 2,561,826 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in Hayward during the third quarter worth about $37,846,000. Finally, William Blair Investment Management LLC purchased a new position in Hayward during the third quarter worth about $30,402,000.

Analysts Set New Price Targets

HAYW has been the subject of several analyst reports. Bank of America cut their price target on shares of Hayward from $19.00 to $18.00 and set a “buy” rating for the company in a report on Monday, April 20th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $19.50 target price (up from $19.00) on shares of Hayward in a report on Thursday, February 26th. Zacks Research cut shares of Hayward from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $15.00 target price (down from $16.00) on shares of Hayward in a report on Tuesday, March 31st. Finally, Weiss Ratings cut shares of Hayward from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $17.50.

Insider Activity at Hayward

In other news, CEO Kevin Holleran sold 52,389 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $13.79, for a total value of $722,444.31. Following the sale, the chief executive officer directly owned 701,234 shares in the company, valued at $9,670,016.86. This represents a 6.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan M. Canning purchased 2,242 shares of the stock in a transaction dated Thursday, April 30th. The stock was acquired at an average price of $12.76 per share, for a total transaction of $28,607.92. Following the completion of the transaction, the senior vice president directly owned 103,837 shares of the company’s stock, valued at approximately $1,324,960.12. The trade was a 2.21% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 4.73% of the stock is owned by corporate insiders.

Hayward Trading Down 0.2%

Shares of Hayward stock opened at $14.58 on Tuesday. Hayward Holdings, Inc. has a 12-month low of $12.93 and a 12-month high of $17.73. The company has a current ratio of 3.26, a quick ratio of 2.47 and a debt-to-equity ratio of 0.58. The stock has a market cap of $3.16 billion, a PE ratio of 19.97, a price-to-earnings-growth ratio of 1.53 and a beta of 1.12. The company has a 50-day moving average of $14.39 and a two-hundred day moving average of $15.22.

Hayward (NYSE:HAYW) last issued its earnings results on Wednesday, April 29th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. Hayward had a net margin of 13.98% and a return on equity of 11.45%. The company had revenue of $255.22 million during the quarter, compared to analysts’ expectations of $239.13 million. During the same period last year, the company posted $0.10 earnings per share. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. On average, research analysts anticipate that Hayward Holdings, Inc. will post 0.86 EPS for the current fiscal year.

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.