Hayward Holdings, Inc. $HAYW Stake Boosted by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky raised its position in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 26.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 162,591 shares of the company’s stock after buying an additional 34,287 shares during the quarter. Teachers Retirement System of The State of Kentucky owned 0.07% of Hayward worth $2,458,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Principal Financial Group Inc. boosted its position in shares of Hayward by 35.4% in the third quarter. Principal Financial Group Inc. now owns 956,373 shares of the company’s stock worth $14,460,000 after buying an additional 250,214 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in Hayward in the 2nd quarter worth about $330,000. PineStone Asset Management Inc. boosted its position in Hayward by 14.2% during the 3rd quarter. PineStone Asset Management Inc. now owns 595,200 shares of the company’s stock worth $8,999,000 after acquiring an additional 73,900 shares during the period. Rhumbline Advisers grew its stake in Hayward by 23.5% during the 3rd quarter. Rhumbline Advisers now owns 441,107 shares of the company’s stock valued at $6,670,000 after acquiring an additional 84,067 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in Hayward by 3.3% during the 3rd quarter. American Century Companies Inc. now owns 6,650,091 shares of the company’s stock valued at $100,549,000 after acquiring an additional 211,075 shares in the last quarter.

Analysts Set New Price Targets

Several analysts recently commented on HAYW shares. Zacks Research cut shares of Hayward from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Stifel Nicolaus reissued a “buy” rating and set a $19.50 target price (up from $19.00) on shares of Hayward in a research note on Thursday, February 26th. Finally, Weiss Ratings raised shares of Hayward from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, February 26th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $19.50.

Insider Buying and Selling

In other news, CEO Kevin Holleran sold 60,571 shares of Hayward stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $16.13, for a total value of $977,010.23. Following the transaction, the chief executive officer owned 623,540 shares of the company’s stock, valued at $10,057,700.20. This trade represents a 8.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 217,739 shares of company stock worth $3,479,649 in the last 90 days. Company insiders own 5.06% of the company’s stock.

Hayward Trading Down 0.4%

Hayward stock opened at $15.51 on Thursday. Hayward Holdings, Inc. has a one year low of $11.10 and a one year high of $17.73. The company’s fifty day moving average price is $16.20 and its two-hundred day moving average price is $15.91. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.94 and a quick ratio of 2.29. The company has a market capitalization of $3.37 billion, a price-to-earnings ratio of 22.81, a PEG ratio of 2.08 and a beta of 1.13.

Hayward (NYSE:HAYW) last released its quarterly earnings results on Wednesday, February 25th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.01. Hayward had a return on equity of 11.27% and a net margin of 13.51%.The company had revenue of $349.38 million during the quarter, compared to the consensus estimate of $332.84 million. During the same quarter in the prior year, the company posted $0.27 EPS. The firm’s revenue was up 6.8% on a year-over-year basis. Hayward has set its FY 2026 guidance at 0.820-0.860 EPS. On average, analysts forecast that Hayward Holdings, Inc. will post 0.6 earnings per share 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.