Thrivent Financial for Lutherans Has $2.18 Million Stock Position in Hayward Holdings, Inc. $HAYW

Thrivent Financial for Lutherans grew its holdings in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 37.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 143,832 shares of the company’s stock after acquiring an additional 38,866 shares during the period. Thrivent Financial for Lutherans’ holdings in Hayward were worth $2,175,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Covestor Ltd increased its holdings in Hayward by 10,452.9% in the third quarter. Covestor Ltd now owns 1,794 shares of the company’s stock valued at $27,000 after purchasing an additional 1,777 shares during the period. Steph & Co. bought a new stake in shares of Hayward in the 3rd quarter valued at about $41,000. EverSource Wealth Advisors LLC grew its position in shares of Hayward by 149.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,700 shares of the company’s stock valued at $65,000 after buying an additional 2,814 shares during the last quarter. Harbor Investment Advisory LLC increased its stake in shares of Hayward by 19.3% in the third quarter. Harbor Investment Advisory LLC now owns 7,842 shares of the company’s stock valued at $119,000 after buying an additional 1,271 shares during the period. Finally, Brighton Jones LLC bought a new position in shares of Hayward during the second quarter worth about $146,000.

Analyst Upgrades and Downgrades

Several brokerages recently commented on HAYW. Zacks Research cut Hayward from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Weiss Ratings restated a “hold (c)” rating on shares of Hayward in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $18.00.

Insider Activity

In other Hayward news, CEO Kevin Holleran sold 60,571 shares of the stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $16.13, for a total transaction of $977,010.23. Following the transaction, the chief executive officer directly owned 623,540 shares in the company, valued at approximately $10,057,700.20. This represents a 8.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders sold 165,350 shares of company stock worth $2,655,570. 5.06% of the stock is currently owned by corporate insiders.

Hayward Stock Up 1.8%

Shares of Hayward stock opened at $16.92 on Wednesday. The stock’s 50-day moving average is $16.15 and its 200 day moving average is $15.85. Hayward Holdings, Inc. has a one year low of $11.10 and a one year high of $17.73. The firm has a market cap of $3.67 billion, a price-to-earnings ratio of 27.29, a PEG ratio of 1.55 and a beta of 1.13. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.18 and a quick ratio of 2.31.

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.