Insider Selling: Hayward (NYSE:HAYW) CEO Sells $853,500.00 in Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 50,000 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $17.07, for a total transaction of $853,500.00. Following the sale, the chief executive officer owned 701,234 shares in the company, valued at $11,970,064.38. The trade was a 6.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, July 1st, Kevin Holleran sold 120,000 shares of Hayward stock. The shares were sold at an average price of $17.28, for a total transaction of $2,073,600.00.
• On Monday, June 1st, Kevin Holleran sold 52,389 shares of Hayward stock. The shares were sold at an average price of $13.79, for a total transaction of $722,444.31.

Hayward Stock Down 0.0%

Shares of NYSE HAYW opened at $16.97 on Friday. The company has a quick ratio of 2.47, a current ratio of 3.26 and a debt-to-equity ratio of 0.58. Hayward Holdings, Inc. has a 52 week low of $12.93 and a 52 week high of $17.73. The firm has a 50-day moving average price of $14.77 and a 200 day moving average price of $15.20. The stock has a market capitalization of $3.68 billion, a price-to-earnings ratio of 23.24, a price-to-earnings-growth ratio of 1.78 and a beta of 1.07.

Hayward (NYSE:HAYW) last issued its earnings results on Wednesday, April 29th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate 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 analyst estimates of $239.13 million. During the same period in the prior year, the business posted $0.10 earnings per share. The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. 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.

Institutional Trading of Hayward

Several large investors have recently modified their holdings of HAYW. Royal Bank of Canada raised its position in shares of Hayward by 36.2% during the 1st quarter. Royal Bank of Canada now owns 126,506 shares of the company’s stock worth $1,760,000 after purchasing an additional 33,614 shares during the last quarter. Millennium Management LLC grew its holdings in Hayward by 6.8% during the 1st quarter. Millennium Management LLC now owns 486,132 shares of the company’s stock valued at $6,767,000 after buying an additional 30,763 shares during the last quarter. Jane Street Group LLC increased its position in Hayward by 8.2% during the first quarter. Jane Street Group LLC now owns 38,064 shares of the company’s stock worth $530,000 after buying an additional 2,885 shares in the last quarter. Invesco Ltd. increased its position in Hayward by 5.1% during the second quarter. Invesco Ltd. now owns 3,061,859 shares of the company’s stock worth $42,254,000 after buying an additional 149,155 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Hayward by 149.2% in the second quarter. EverSource Wealth Advisors LLC now owns 4,700 shares of the company’s stock worth $65,000 after acquiring an additional 2,814 shares during the last quarter.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on HAYW. Zacks Research cut Hayward from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Bank of America reduced their price objective on Hayward from $19.00 to $18.00 and set a “buy” rating for the company in a report on Monday, April 20th. Jefferies Financial Group reiterated a “hold” rating and set a $15.00 target price (down from $16.00) on shares of Hayward in a research report on Tuesday, March 31st. Finally, Weiss Ratings raised Hayward from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $17.50.

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.