New Age Alpha Advisors LLC Takes Position in Hayward Holdings, Inc. $HAYW

New Age Alpha Advisors LLC purchased a new stake in shares of Hayward Holdings, Inc. (NYSE:HAYW) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 189,862 shares of the company’s stock, valued at approximately $2,933,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CIBC Bancorp USA Inc. purchased a new position in shares of Hayward in the third quarter worth approximately $37,846,000. Principal Financial Group Inc. boosted its holdings in shares of Hayward by 35.4% in the third quarter. Principal Financial Group Inc. now owns 956,373 shares of the company’s stock worth $14,460,000 after buying an additional 250,214 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Hayward by 3.3% in the third quarter. American Century Companies Inc. now owns 6,650,091 shares of the company’s stock worth $100,549,000 after buying an additional 211,075 shares during the last quarter. Rhumbline Advisers boosted its holdings in shares of Hayward by 23.5% in the third quarter. Rhumbline Advisers now owns 441,107 shares of the company’s stock worth $6,670,000 after buying an additional 84,067 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Hayward by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 20,933,077 shares of the company’s stock worth $323,416,000 after buying an additional 105,472 shares during the last quarter.

Insiders Place Their Bets

In other Hayward news, CFO Eifion Jones sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $14.57, for a total transaction of $218,550.00. Following the sale, the chief financial officer owned 316,100 shares in the company, valued at approximately $4,605,577. This trade represents a 4.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Susan M. Canning bought 2,242 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were purchased at an average price of $12.76 per share, for a total transaction of $28,607.92. Following the purchase, the senior vice president owned 103,837 shares in the company, valued at $1,324,960.12. This trade represents a 2.21% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have sold 119,778 shares of company stock worth $1,745,689. Company insiders own 4.73% of the company’s stock.

Analyst Upgrades and Downgrades

HAYW has been the topic of a number of research reports. Bank of America dropped their price objective on shares of Hayward from $19.00 to $18.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Stifel Nicolaus reissued a “buy” rating and issued a $19.50 price objective (up from $19.00) on shares of Hayward in a report on Thursday, February 26th. Weiss Ratings downgraded shares of Hayward from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 8th. Zacks Research downgraded 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 issued a $15.00 price objective (down from $16.00) on shares of Hayward in a report on Tuesday, March 31st. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $17.50.

Hayward Price Performance

NYSE HAYW opened at $13.96 on Wednesday. Hayward Holdings, Inc. has a 12 month low of $12.93 and a 12 month high of $17.73. The stock has a market cap of $3.03 billion, a price-to-earnings ratio of 19.12, a PEG ratio of 1.45 and a beta of 1.14. The company’s 50 day moving average is $14.23 and its two-hundred day moving average is $15.37. The company has a current ratio of 3.26, a quick ratio of 2.47 and a debt-to-equity ratio of 0.58.

Hayward (NYSE:HAYW) last released its earnings results on Wednesday, April 29th. The company reported $0.13 EPS for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $239.13 million. During the same quarter last year, the business earned $0.10 EPS. The firm’s 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. As a group, research analysts anticipate that Hayward Holdings, Inc. will post 0.86 earnings per share for the current year.

About Hayward

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.