Madison Asset Management LLC Makes New Investment in Hayward Holdings, Inc. $HAYW

Madison Asset Management LLC acquired a new position in Hayward Holdings, Inc. (NYSE:HAYW) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 420,701 shares of the company’s stock, valued at approximately $7,282,000. Madison Asset Management LLC owned approximately 0.20% of Hayward at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. BlackRock Inc. bought a new stake in Hayward in the 2nd quarter worth approximately $422,455,000. Vanguard Group Inc. grew its position in Hayward by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 20,933,077 shares of the company’s stock valued at $323,416,000 after acquiring an additional 105,472 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Hayward by 2.0% during the fourth quarter. JPMorgan Chase & Co. now owns 11,911,977 shares of the company’s stock worth $184,040,000 after acquiring an additional 228,397 shares in the last quarter. Fiduciary Management Inc. WI raised its stake in shares of Hayward by 13.2% during the fourth quarter. Fiduciary Management Inc. WI now owns 9,089,866 shares of the company’s stock worth $140,438,000 after acquiring an additional 1,063,380 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in shares of Hayward by 9.1% in the 3rd quarter. Wellington Management Group LLP now owns 7,546,816 shares of the company’s stock worth $114,108,000 after acquiring an additional 627,866 shares during the last quarter.

Insider Buying and Selling at Hayward

In related news, CEO Kevin Holleran sold 50,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $15.31, for a total value of $765,500.00. Following the sale, the chief executive officer directly owned 701,234 shares of the company’s stock, valued at $10,735,892.54. This trade represents a 6.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 272,389 shares of company stock worth $4,415,044 in the last ninety days. Corporate insiders own 4.73% of the company’s stock.

Hayward Trading Up 3.3%

NYSE:HAYW opened at $15.09 on Thursday. The firm has a market capitalization of $3.20 billion, a P/E ratio of 20.39, a P/E/G ratio of 1.34 and a beta of 1.09. The company has a quick ratio of 2.49, a current ratio of 3.33 and a debt-to-equity ratio of 0.59. The company has a fifty day moving average of $15.41 and a 200 day moving average of $14.99. Hayward Holdings, Inc. has a 52 week low of $12.93 and a 52 week high of $17.73.

Hayward (NYSE:HAYW) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $303.35 million. During the same quarter last year, the firm earned $0.24 EPS. The company’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. On average, research analysts predict that Hayward Holdings, Inc. will post 0.87 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. KeyCorp reissued a “sector weight” rating on shares of Hayward in a research note on Monday, July 20th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Hayward in a research note on Wednesday, July 29th. Zacks Research downgraded Hayward from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Hayward in a report on Monday, July 6th. Finally, Weiss Ratings raised Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 30th. Two analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Hayward has an average rating of “Hold” and an average target price of $17.50.

Hayward 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.