The Manufacturers Life Insurance Company Takes Position in Hayward Holdings, Inc. $HAYW

The Manufacturers Life Insurance Company purchased a new position in shares of Hayward Holdings, Inc. (NYSE:HAYW) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 56,165 shares of the company’s stock, valued at approximately $972,000.

Other large investors also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its holdings in Hayward by 36.2% during the first 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 shares of Hayward by 6.8% in the first quarter. Millennium Management LLC now owns 486,132 shares of the company’s stock worth $6,767,000 after purchasing an additional 30,763 shares in the last quarter. Jane Street Group LLC increased its stake in shares of Hayward by 8.2% in the first quarter. Jane Street Group LLC now owns 38,064 shares of the company’s stock worth $530,000 after purchasing an additional 2,885 shares in the last quarter. Invesco Ltd. raised its position in shares of Hayward by 5.1% in 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 period. Finally, EverSource Wealth Advisors LLC raised its position 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 valued at $65,000 after purchasing an additional 2,814 shares during the period.

Analyst Ratings Changes

HAYW has been the subject of several analyst reports. 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. The Goldman Sachs Group restated a “neutral” rating on shares of Hayward in a research report on Wednesday, July 29th. 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’s stock. Based on data from MarketBeat, Hayward has an average rating of “Hold” and an average target price of $17.50.

Insider Transactions at Hayward

In other Hayward news, CEO Kevin Holleran sold 50,000 shares of the firm’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $13.85, for a total value of $692,500.00. Following the completion of the transaction, the chief executive officer directly owned 701,234 shares of the company’s stock, valued at $9,712,090.90. This trade represents a 6.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 270,000 shares of company stock valued at $4,385,100. Corporate insiders own 4.73% of the company’s stock.

Hayward Trading Up 1.7%

Shares of HAYW opened at $13.93 on Friday. Hayward Holdings, Inc. has a twelve month low of $12.93 and a twelve month high of $17.73. The stock has a market cap of $2.95 billion, a PE ratio of 18.82, a P/E/G ratio of 1.28 and a beta of 1.10. 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 business’s 50-day moving average price is $15.19 and its 200-day moving average price is $14.81.

Hayward (NYSE:HAYW) last released 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. The company had revenue of $318.38 million during the quarter, compared to analyst estimates of $303.35 million. Hayward had a net margin of 13.83% and a return on equity of 11.61%. Hayward’s revenue was up 6.3% compared to the same quarter last year. During the same period last year, the business earned $0.24 earnings per share. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. On average, equities analysts forecast that Hayward Holdings, Inc. will post 0.87 EPS for the current fiscal year.

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.