3,154,146 Shares in Hayward Holdings, Inc. $HAYW Acquired by Reinhart Partners LLC.

Reinhart Partners LLC. acquired a new stake in Hayward Holdings, Inc. (NYSE:HAYW) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 3,154,146 shares of the company’s stock, valued at approximately $38,607,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Legal & General Group Plc purchased a new position in shares of Hayward during the 2nd quarter valued at $8,358,000. Squarepoint Ops LLC purchased a new position in Hayward in the second quarter valued at about $4,693,000. Jupiter Topco LLC purchased a new position in Hayward in the second quarter valued at about $1,761,000. BlackRock Inc. acquired a new position in Hayward in the 2nd quarter worth about $422,455,000. Finally, Bank of America Corp DE acquired a new position in Hayward in the 2nd quarter worth about $33,306,000.

Wall Street Analysts Forecast Growth

HAYW has been the subject of several research reports. The Goldman Sachs Group reduced their price target on Hayward from $17.00 to $14.00 and set a “neutral” rating for the company in a report on Friday. Wolfe Research started coverage on Hayward in a report on Tuesday, September 15th. They issued a “peer perform” rating on the stock. KeyCorp reaffirmed a “sector weight” rating on shares of Hayward in a research report on Monday, July 20th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Hayward in a research note on Monday, July 6th. Finally, Weiss Ratings downgraded shares of Hayward from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, September 14th. Two equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $16.62.

Insider Activity

In other Hayward news, SVP Susan M. Canning sold 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $12.84, for a total value of $44,940.00. Following the completion of the sale, the senior vice president owned 167,911 shares in the company, valued at approximately $2,155,977.24. This trade represents a 2.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Kevin Holleran sold 50,000 shares of Hayward stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $13.85, for a total value of $692,500.00. Following the sale, the chief executive officer directly owned 701,234 shares in the company, valued at $9,712,090.90. The trade was a 6.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 153,500 shares of company stock worth $2,122,940 over the last 90 days. Corporate insiders own 4.73% of the company’s stock.

Hayward Price Performance

Shares of Hayward stock opened at $11.35 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.33 and a quick ratio of 2.49. Hayward Holdings, Inc. has a fifty-two week low of $11.27 and a fifty-two week high of $17.73. The firm has a fifty day moving average price of $13.74 and a two-hundred day moving average price of $14.36. The company has a market cap of $2.41 billion, a PE ratio of 15.33, a price-to-earnings-growth ratio of 1.05 and a beta of 1.18.

Hayward (NYSE:HAYW) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.02. The company had revenue of $318.38 million for the quarter, compared to the consensus estimate of $303.35 million. Hayward had a net margin of 13.83% and a return on equity of 11.61%. The business’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.24 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. Analysts expect that Hayward Holdings, Inc. will post 0.87 EPS for the current year.

Hayward Profile

Hayward Holdings, Inc designs, manufactures and markets equipment and technologies used in residential and commercial swimming pools and spas. Its products are intended to support water circulation, filtration, heating, cleaning, sanitation and overall pool management.

The company’s product portfolio includes pumps, filters, heaters, heat pumps, salt-chlorination systems, automatic cleaners, lighting, valves, controls and connected pool-management technologies. Hayward sells products under the Hayward brand and through related product lines, serving pool builders, distributors, service professionals and homeowners.

Hayward serves customers in North America and international markets.