Hayward Holdings, Inc. $HAYW Shares Sold by Bryce Point Capital LLC

Bryce Point Capital LLC trimmed its position in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 8.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,220 shares of the company’s stock after selling 5,288 shares during the period. Bryce Point Capital LLC’s holdings in Hayward were worth $790,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Amalgamated Bank lifted its stake in Hayward by 1.7% during the second quarter. Amalgamated Bank now owns 43,996 shares of the company’s stock worth $607,000 after purchasing an additional 724 shares in the last quarter. Cerity Partners LLC increased its position in shares of Hayward by 0.9% during the first quarter. Cerity Partners LLC now owns 99,195 shares of the company’s stock worth $1,381,000 after acquiring an additional 869 shares during the period. Pacer Advisors Inc. increased its position in shares of Hayward by 9.5% during the first quarter. Pacer Advisors Inc. now owns 11,165 shares of the company’s stock worth $155,000 after acquiring an additional 969 shares during the period. Yousif Capital Management LLC increased its position in shares of Hayward by 2.0% during the second quarter. Yousif Capital Management LLC now owns 53,670 shares of the company’s stock worth $741,000 after acquiring an additional 1,049 shares during the period. Finally, Harbor Investment Advisory LLC increased its position in shares of Hayward by 28.9% during the second quarter. Harbor Investment Advisory LLC now owns 6,571 shares of the company’s stock worth $91,000 after acquiring an additional 1,472 shares during the period.

Hayward Trading Down 2.6%

NYSE HAYW opened at $16.53 on Tuesday. The stock has a market capitalization of $3.58 billion, a P/E ratio of 26.66, a P/E/G ratio of 1.78 and a beta of 1.11. Hayward Holdings, Inc. 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 $15.58 and a 200 day moving average price of $14.79. The company has a quick ratio of 2.31, a current ratio of 3.18 and a debt-to-equity ratio of 0.62.

Hayward (NYSE:HAYW) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.02. The firm had revenue of $244.34 million during the quarter, compared to analysts’ expectations of $231.46 million. Hayward had a net margin of 12.54% and a return on equity of 11.24%. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.11 earnings per share. Hayward has set its FY 2025 guidance at EPS. Equities research analysts expect that Hayward Holdings, Inc. will post 0.6 EPS for the current year.

Insider Transactions at Hayward

In other Hayward news, CEO Kevin Holleran sold 60,571 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $15.16, for a total value of $918,256.36. Following the completion of the transaction, the chief executive officer directly owned 623,540 shares of the company’s stock, valued at approximately $9,452,866.40. This trade represents a 8.85% 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 25,000 shares of the stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $17.50, for a total transaction of $437,500.00. Following the completion of the transaction, the chief financial officer directly owned 287,231 shares of the company’s stock, valued at approximately $5,026,542.50. This trade represents a 8.01% 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 105,571 shares of company stock valued at $1,685,756. 5.06% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently weighed in on HAYW shares. Zacks Research raised Hayward from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Stifel Nicolaus increased their target price on Hayward from $17.50 to $18.00 and gave the company a “buy” rating in a report on Friday, September 5th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Hayward in a report on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $18.00.

About Hayward

Hayward Holdings, Inc designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. The company offers pool equipment, including pumps, filters, robotics, suction and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water sanitizers, salt chlorine generators, safety equipment, and in-floor automated cleaning systems, as well as LED illumination solutions.