WCM Investment Management LLC Sells 603,114 Shares of Hayward Holdings, Inc. $HAYW

WCM Investment Management LLC lowered its position in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 46.2% during the first quarter, Holdings Channel.com reports. The firm owned 701,862 shares of the company’s stock after selling 603,114 shares during the quarter. WCM Investment Management LLC’s holdings in Hayward were worth $9,208,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in Hayward by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 20,933,077 shares of the company’s stock worth $323,416,000 after acquiring an additional 105,472 shares during the period. Jackson Creek Investment Advisors LLC bought a new stake in shares of Hayward during the 4th quarter valued at $1,744,000. Fiduciary Management Inc. WI grew its holdings in shares of Hayward by 13.2% during the 4th quarter. Fiduciary Management Inc. WI now owns 9,089,866 shares of the company’s stock worth $140,438,000 after purchasing an additional 1,063,380 shares in the last quarter. New Age Alpha Advisors LLC bought a new position in shares of Hayward in the fourth quarter worth $2,933,000. Finally, Intech Investment Management LLC increased its position in shares of Hayward by 371.8% in the fourth quarter. Intech Investment Management LLC now owns 150,651 shares of the company’s stock worth $2,328,000 after purchasing an additional 118,720 shares during the period.

Insider Buying and Selling

In other news, SVP Susan M. Canning acquired 2,242 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were bought at an average price of $12.76 per share, with a total value of $28,607.92. Following the acquisition, the senior vice president directly owned 103,837 shares in the company, valued at $1,324,960.12. The trade was a 2.21% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Kevin Holleran sold 120,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $17.28, for a total value of $2,073,600.00. Following the sale, the chief executive officer owned 701,234 shares in the company, valued at $12,117,323.52. This represents a 14.61% 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. Over the last quarter, insiders have sold 222,389 shares of company stock valued at $3,649,544. 4.73% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

HAYW has been the subject of several recent analyst reports. Jefferies Financial Group reaffirmed a “hold” rating and set a $15.00 price objective (down from $16.00) on shares of Hayward in a research report on Tuesday, March 31st. Cantor Fitzgerald reissued a “neutral” rating on shares of Hayward in a report on Monday, July 6th. Weiss Ratings cut shares of Hayward from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, July 15th. Bank of America cut their price target on shares of Hayward from $19.00 to $18.00 and set a “buy” rating for the company in a report on Monday, April 20th. Finally, Zacks Research lowered shares of Hayward from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Hayward has a consensus rating of “Hold” and a consensus price target of $17.50.

Hayward Stock Performance

Hayward stock opened at $14.05 on Tuesday. Hayward Holdings, Inc. has a 12-month low of $12.93 and a 12-month high of $17.73. The company has a quick ratio of 2.47, a current ratio of 3.26 and a debt-to-equity ratio of 0.58. The business’s 50-day moving average price is $14.88 and its two-hundred day moving average price is $15.17. The stock has a market cap of $3.05 billion, a PE ratio of 19.25, a P/E/G ratio of 1.51 and a beta of 1.07.

Hayward (NYSE:HAYW) last posted its earnings results on Wednesday, April 29th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. Hayward had a net margin of 13.98% and a return on equity of 11.45%. The firm had revenue of $255.22 million during the quarter, compared to analysts’ expectations of $239.13 million. During the same quarter in the prior year, the business earned $0.10 earnings per share. The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. As a group, analysts expect that Hayward Holdings, Inc. will post 0.85 earnings per share for the current fiscal year.

Hayward 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.