Glenmede Trust Co. NA Cuts Stock Holdings in Hayward Holdings, Inc. $HAYW

Glenmede Trust Co. NA reduced its stake in Hayward Holdings, Inc. (NYSE:HAYW) by 10.5% during the 1st quarter, Holdings Channel reports. The fund owned 756,735 shares of the company’s stock after selling 89,240 shares during the quarter. Glenmede Trust Co. NA’s holdings in Hayward were worth $10,125,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HAYW. Oregon Public Employees Retirement Fund grew its stake in Hayward by 1.8% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 45,672 shares of the company’s stock worth $706,000 after purchasing an additional 800 shares in the last quarter. Hantz Financial Services Inc. raised 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 purchasing an additional 916 shares in the last quarter. Illinois Municipal Retirement Fund raised its position in Hayward by 0.8% in the 1st quarter. Illinois Municipal Retirement Fund now owns 112,055 shares of the company’s stock valued at $1,499,000 after purchasing an additional 938 shares in the last quarter. Integrated Wealth Concepts LLC boosted its stake in shares of Hayward by 8.0% in the 4th quarter. Integrated Wealth Concepts LLC now owns 13,903 shares of the company’s stock valued at $215,000 after buying an additional 1,035 shares during the period. Finally, Krilogy Financial LLC boosted its stake in shares of Hayward by 7.2% in the 4th quarter. Krilogy Financial LLC now owns 16,586 shares of the company’s stock valued at $273,000 after buying an additional 1,108 shares during the period.

Analyst Upgrades and Downgrades

HAYW has been the topic of a number of recent research reports. Cantor Fitzgerald restated a “neutral” rating on shares of Hayward in a research note on Monday, July 6th. Weiss Ratings upgraded shares of Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday. KeyCorp reiterated a “sector weight” rating on shares of Hayward in a report on Monday, July 20th. Zacks Research downgraded shares of Hayward from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Bank of America reduced their price objective on shares of Hayward from $19.00 to $18.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Two research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $17.50.

Insider Buying and Selling at Hayward

In other news, CEO Kevin Holleran sold 120,000 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 701,234 shares of the company’s stock, valued at approximately $12,117,323.52. The trade was a 14.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 222,389 shares of company stock valued at $3,649,544. 4.73% of the stock is currently owned by insiders.

Hayward Price Performance

Shares of NYSE:HAYW opened at $15.45 on Tuesday. The company’s fifty day moving average price is $15.10 and its 200 day moving average price is $15.09. Hayward Holdings, Inc. has a 12 month low of $12.93 and a 12 month high of $17.73. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.33 and a quick ratio of 2.49. The firm has a market capitalization of $3.28 billion, a P/E ratio of 20.87, a P/E/G ratio of 1.40 and a beta of 1.09.

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

About Hayward

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.