Hayward’s (HAYW) “Hold” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reissued their hold rating on shares of Hayward (NYSE:HAYW) in a research report report published on Tuesday,Benzinga reports. They currently have a $15.00 price target on the stock, down from their prior price target of $16.00.

Other research analysts have also issued reports about the company. Stifel Nicolaus reiterated 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 upgraded Hayward from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 5th. Bank of America raised Hayward from an “underperform” rating to a “buy” rating and set a $19.00 price target on the stock in a research report on Friday, March 6th. Finally, Weiss Ratings raised Hayward from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $17.83.

Hayward Trading Down 0.9%

NYSE HAYW opened at $13.38 on Tuesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 2.29 and a current ratio of 2.94. The firm has a market cap of $2.91 billion, a price-to-earnings ratio of 19.67, a PEG ratio of 1.35 and a beta of 1.18. The firm has a 50 day simple moving average of $15.29 and a 200-day simple moving average of $15.62. Hayward has a one year low of $11.10 and a one year high of $17.73.

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

Insider Buying and Selling at Hayward

In related news, CFO Eifion Jones sold 15,000 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $14.57, for a total value of $218,550.00. Following the transaction, the chief financial officer owned 316,100 shares of the company’s stock, valued at $4,605,577. This represents a 4.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Kevin Holleran sold 52,390 shares of the firm’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $15.99, for a total value of $837,716.10. Following the completion of the sale, the chief executive officer owned 623,540 shares in the company, valued at approximately $9,970,404.60. This represents a 7.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 224,557 shares of company stock worth $3,424,249 in the last three months. 5.06% of the stock is currently owned by corporate insiders.

Institutional Trading of Hayward

Several institutional investors have recently modified their holdings of HAYW. Covestor Ltd increased its position in shares of Hayward by 10,452.9% during the third quarter. Covestor Ltd now owns 1,794 shares of the company’s stock worth $27,000 after purchasing an additional 1,777 shares in the last quarter. Hantz Financial Services Inc. grew its position in Hayward by 80.2% in the 4th quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock valued at $32,000 after buying an additional 916 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Hayward by 82.4% during the fourth quarter. GAMMA Investing LLC now owns 2,183 shares of the company’s stock worth $34,000 after acquiring an additional 986 shares during the period. IFP Advisors Inc increased its position in Hayward by 103.9% during the 4th quarter. IFP Advisors Inc now owns 2,482 shares of the company’s stock worth $38,000 after purchasing an additional 1,265 shares during the period. Finally, Caitong International Asset Management Co. Ltd purchased a new position in Hayward in the fourth quarter worth $39,000.

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.