Hayward Holdings, Inc. (NYSE:HAYW) Receives $17.83 Average PT from Analysts

Shares of Hayward Holdings, Inc. (NYSE:HAYW) have received an average recommendation of “Buy” from the five analysts that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $17.8333.

A number of research analysts have issued reports on HAYW shares. Weiss Ratings raised shares of Hayward from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Bank of America raised shares of Hayward from an “underperform” rating to a “buy” rating and set a $19.00 target price for the company in a report on Friday, March 6th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $19.50 target price (up from $19.00) on shares of Hayward in a report on Thursday, February 26th. Zacks Research raised shares of Hayward from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 5th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $15.00 target price (down from $16.00) on shares of Hayward in a report on Tuesday, March 31st.

Hayward Trading Up 1.6%

NYSE HAYW opened at $13.60 on Tuesday. The stock has a market capitalization of $2.95 billion, a P/E ratio of 20.00, a P/E/G ratio of 1.34 and a beta of 1.18. Hayward has a 52-week low of $11.10 and a 52-week high of $17.73. The firm has a 50-day moving average price of $15.17 and a 200 day moving average price of $15.60. The company has a quick ratio of 2.29, a current ratio of 2.94 and a debt-to-equity ratio of 0.59.

Hayward (NYSE:HAYW) last posted 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 net margin of 13.51% and a return on equity of 11.27%. The firm had revenue of $349.38 million during the quarter, compared to analysts’ expectations of $332.84 million. During the same period in the prior year, the company posted $0.27 earnings per share. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. Hayward has set its FY 2026 guidance at 0.820-0.860 EPS. Equities research analysts expect that Hayward will post 0.6 EPS for the current year.

Insider Transactions at Hayward

In other Hayward news, CEO Kevin Holleran sold 52,389 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $15.73, for a total value of $824,078.97. Following the completion of the transaction, the chief executive officer directly owned 748,540 shares of the company’s stock, valued at approximately $11,774,534.20. This trade represents a 6.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Eifion Jones sold 15,000 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $14.57, for a total transaction of $218,550.00. Following the completion of the transaction, the chief financial officer directly owned 316,100 shares of the company’s stock, valued at approximately $4,605,577. This trade represents a 4.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 172,167 shares of company stock valued at $2,586,533. 5.06% of the stock is currently owned by corporate insiders.

Institutional Trading of Hayward

Large investors have recently modified their holdings of the business. CIBC Bancorp USA Inc. acquired a new stake in shares of Hayward in the third quarter valued at approximately $37,846,000. Principal Financial Group Inc. grew 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 valued at $14,460,000 after purchasing an additional 250,214 shares during the last quarter. American Century Companies Inc. grew its position in shares of Hayward by 3.3% in the third quarter. American Century Companies Inc. now owns 6,650,091 shares of the company’s stock valued at $100,549,000 after purchasing an additional 211,075 shares during the last quarter. Rhumbline Advisers grew its position in shares of Hayward by 23.5% in the third quarter. Rhumbline Advisers now owns 441,107 shares of the company’s stock valued at $6,670,000 after purchasing an additional 84,067 shares during the last quarter. Finally, PineStone Asset Management Inc. grew its position in shares of Hayward by 14.2% in the third quarter. PineStone Asset Management Inc. now owns 595,200 shares of the company’s stock valued at $8,999,000 after purchasing an additional 73,900 shares during the last quarter.

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.