Ieq Capital LLC Takes Position in Hayward Holdings, Inc. $HAYW

Ieq Capital LLC acquired a new position in Hayward Holdings, Inc. (NYSE:HAYW) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 84,392 shares of the company’s stock, valued at approximately $1,461,000.

Other large investors have also recently bought and sold shares of the company. Royal Bank of Canada increased its holdings in shares of 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 period. Millennium Management LLC lifted its stake in shares of Hayward by 6.8% in the 1st 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 last quarter. Jane Street Group LLC increased its holdings in shares of Hayward by 8.2% during 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 last quarter. Invesco Ltd. grew its holdings in Hayward by 5.1% during the second quarter. Invesco Ltd. now owns 3,061,859 shares of the company’s stock valued at $42,254,000 after purchasing an additional 149,155 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in Hayward by 149.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,700 shares of the company’s stock valued at $65,000 after buying an additional 2,814 shares during the last quarter.

Hayward Price Performance

Shares of HAYW stock opened at $14.51 on Thursday. 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 Holdings, Inc. has a 52-week low of $12.93 and a 52-week high of $17.73. The firm’s 50 day moving average price is $15.40 and its two-hundred day moving average price is $14.94. The stock has a market cap of $3.08 billion, a PE ratio of 19.61, a PEG ratio of 1.33 and a beta of 1.09.

Hayward (NYSE:HAYW) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate 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. Hayward’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. As a group, analysts forecast that Hayward Holdings, Inc. will post 0.87 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Hayward in a research report on Wednesday, July 29th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Hayward in a report on Monday, July 6th. Weiss Ratings raised shares of Hayward from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 30th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Hayward in a report on Monday, July 20th. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $17.50.

Insider Activity

In other 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 transaction of $765,500.00. Following the sale, the chief executive officer 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 SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 272,389 shares of company stock valued at $4,415,044 in the last ninety days. 4.73% of the stock is owned by corporate insiders.

Hayward Company 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.