Brokerages Set Hayward Holdings, Inc. (NYSE:HAYW) Target Price at $17.50

Hayward Holdings, Inc. (NYSE:HAYW) has received an average rating of “Hold” from the eight analysts that are covering the stock, MarketBeat.com reports. Six analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $17.50.

HAYW has been the topic of a number of analyst reports. KeyCorp restated a “sector weight” rating on shares of Hayward in a research note on Monday, July 20th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Hayward in a report on Monday, July 6th. Bank of America cut their target price on Hayward from $19.00 to $18.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. The Goldman Sachs Group restated a “neutral” rating on shares of Hayward in a research note on Wednesday, July 29th. Finally, Weiss Ratings raised Hayward from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 30th.

Insider Activity

In related news, CEO Kevin Holleran sold 120,000 shares of the stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $17.28, for a total value of $2,073,600.00. Following the transaction, the chief executive officer directly owned 701,234 shares of the company’s stock, valued at $12,117,323.52. This trade represents a 14.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 272,389 shares of company stock valued at $4,415,044. Corporate insiders own 4.73% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada raised its position in Hayward by 36.2% in the 1st quarter. Royal Bank of Canada now owns 126,506 shares of the company’s stock valued at $1,760,000 after purchasing an additional 33,614 shares during the last quarter. Millennium Management LLC increased its stake in Hayward by 6.8% in the first quarter. Millennium Management LLC now owns 486,132 shares of the company’s stock valued at $6,767,000 after purchasing an additional 30,763 shares during the period. Jane Street Group LLC increased its position in Hayward by 8.2% in the 1st quarter. Jane Street Group LLC now owns 38,064 shares of the company’s stock valued at $530,000 after acquiring an additional 2,885 shares during the period. Invesco Ltd. raised its stake in shares of 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 purchasing an additional 149,155 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Hayward by 149.2% in the 2nd 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 period.

Hayward Stock Performance

Shares of Hayward stock opened at $15.68 on Friday. The business has a 50-day simple moving average of $15.21 and a 200-day simple moving average of $15.07. The company has a market cap of $3.33 billion, a PE ratio of 21.19, a P/E/G ratio of 1.49 and a beta of 1.09. Hayward has a one year low of $12.93 and a one year high of $17.73. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.49 and a current ratio of 3.33.

Hayward (NYSE:HAYW) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.26 EPS 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 company had revenue of $318.38 million for the quarter, compared to the consensus estimate of $303.35 million. During the same period in the prior year, the firm posted $0.24 EPS. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. On average, equities research analysts forecast that Hayward will post 0.87 EPS for the current fiscal 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.