Hayward (NYSE:HAYW) CEO Kevin Holleran Sells 120,000 Shares of Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 120,000 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $17.28, for a total transaction of $2,073,600.00. Following the completion of the sale, the chief executive officer directly owned 701,234 shares of the company’s stock, valued at $12,117,323.52. The trade was a 14.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, June 30th, Kevin Holleran sold 50,000 shares of Hayward stock. The shares were sold at an average price of $17.07, for a total transaction of $853,500.00.
• On Monday, June 1st, Kevin Holleran sold 52,389 shares of Hayward stock. The stock was sold at an average price of $13.79, for a total transaction of $722,444.31.

Hayward Price Performance

Shares of NYSE HAYW traded down $0.32 during mid-day trading on Wednesday, reaching $16.99. 3,575,965 shares of the company traded hands, compared to its average volume of 2,301,240. Hayward Holdings, Inc. has a fifty-two week low of $12.93 and a fifty-two week high of $17.73. The firm has a market cap of $3.69 billion, a PE ratio of 23.27, a price-to-earnings-growth ratio of 1.78 and a beta of 1.12. The stock has a fifty day simple moving average of $14.67 and a 200-day simple moving average of $15.18. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.26 and a quick ratio of 2.47.

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

Analysts Set New Price Targets

Several equities analysts have recently issued reports on HAYW shares. Bank of America lowered their price objective on shares of Hayward from $19.00 to $18.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Weiss Ratings upgraded Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday. Zacks Research cut shares of Hayward from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $15.00 target price (down from $16.00) on shares of Hayward in a research note on Tuesday, March 31st. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $17.50.

Institutional Investors Weigh In On Hayward

Several institutional investors and hedge funds have recently modified their holdings of HAYW. Hantz Financial Services Inc. increased its position in Hayward by 80.2% during the fourth quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock worth $32,000 after buying an additional 916 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Hayward by 82.4% in the fourth quarter. GAMMA Investing LLC now owns 2,183 shares of the company’s stock worth $34,000 after buying an additional 986 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of Hayward by 103.9% during the 4th quarter. IFP Advisors Inc now owns 2,482 shares of the company’s stock worth $38,000 after acquiring an additional 1,265 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of Hayward during the 4th quarter worth about $39,000. Finally, Farther Finance Advisors LLC increased its holdings in shares of Hayward by 669.4% during the 4th quarter. Farther Finance Advisors LLC now owns 3,716 shares of the company’s stock valued at $57,000 after acquiring an additional 3,233 shares during the last quarter.

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.