Hayward Holdings, Inc. (NYSE:HAYW) Stock Now Rated “Hold” by Wall Street Analysts

Shares of Hayward Holdings, Inc. (NYSE:HAYW) have been assigned an average rating of “Hold” from the nine ratings firms that are currently covering the company, Marketbeat.com reports. Seven research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $16.62.

A number of equities analysts have commented on HAYW shares. Cantor Fitzgerald reiterated a “neutral” rating on shares of Hayward in a report on Monday, July 6th. KeyCorp restated a “sector weight” rating on shares of Hayward in a research note on Monday, July 20th. Weiss Ratings downgraded Hayward from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, September 14th. The Goldman Sachs Group dropped their target price on Hayward from $17.00 to $14.00 and set a “neutral” rating on the stock in a research report on Friday, October 9th. Finally, Wolfe Research assumed coverage on Hayward in a research report on Tuesday, September 15th. They set a “peer perform” rating on the stock.

Insider Transactions at Hayward

In other Hayward news, CEO Kevin Holleran sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $13.85, for a total transaction of $692,500.00. Following the completion of the sale, the chief executive officer owned 701,234 shares in the company, valued at $9,712,090.90. This trade represents a 6.66% decrease in their position. The sale 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 Canning sold 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $11.70, for a total value of $40,950.00. Following the sale, the senior vice president owned 164,411 shares of the company’s stock, valued at approximately $1,923,608.70. This trade represents a 2.08% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 157,000 shares of company stock valued at $2,163,890 in the last three months. 4.73% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Hayward

Several institutional investors and hedge funds have recently made changes to their positions in HAYW. BlackRock Inc. acquired a new stake in shares of Hayward during the second quarter worth approximately $422,455,000. Dimensional Fund Advisors LP increased its stake in shares of Hayward by 11.4% in the first quarter. Dimensional Fund Advisors LP now owns 7,453,736 shares of the company’s stock worth $99,726,000 after buying an additional 761,145 shares during the last quarter. Jennison Associates LLC raised its holdings in Hayward by 1.9% in the first quarter. Jennison Associates LLC now owns 4,798,842 shares of the company’s stock valued at $64,209,000 after acquiring an additional 90,733 shares in the last quarter. Focus Partners Wealth raised its holdings in Hayward by 17,180.8% in the fourth quarter. Focus Partners Wealth now owns 2,576,737 shares of the company’s stock valued at $39,811,000 after acquiring an additional 2,561,826 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Hayward by 25.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,975,392 shares of the company’s stock valued at $39,811,000 after acquiring an additional 605,743 shares in the last quarter.

Hayward Trading Up 2.7%

NYSE HAYW opened at $12.09 on Wednesday. The stock has a market cap of $2.57 billion, a P/E ratio of 16.34, a PEG ratio of 1.09 and a beta of 1.18. The company’s fifty day simple moving average is $13.17 and its 200-day simple moving average is $14.28. The company has a current ratio of 3.33, a quick ratio of 2.49 and a debt-to-equity ratio of 0.59. Hayward has a 52 week low of $11.24 and a 52 week high of $17.73.

Hayward (NYSE:HAYW) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.02. Hayward had a net margin of 13.83% and a return on equity of 11.61%. The business had revenue of $318.38 million during the quarter, compared to analyst estimates of $303.35 million. During the same period last year, the business earned $0.24 EPS. The business’s revenue was up 6.3% on a year-over-year basis. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. Equities research analysts predict that Hayward will post 0.86 EPS for the current fiscal year.

Hayward Company Profile

Hayward Holdings, Inc designs, manufactures and markets equipment and technologies used in residential and commercial swimming pools. Its product portfolio includes pumps, filters, heaters, heat pumps, automatic pool cleaners, lighting, sanitization systems, water features and pool-control and automation solutions.

The company sells products under the Hayward brand and serves pool owners, builders, retailers, distributors and service professionals. Its equipment is used in both new pool construction and the replacement and renovation market, with an emphasis on energy efficiency, water quality and connected pool-management technologies.

Hayward traces its roots to 1925 and has developed into a global pool-equipment supplier.