Insider Selling: Hayward (NYSE:HAYW) CEO Sells 50,000 Shares

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $13.85, for a total transaction of $692,500.00. Following the transaction, the chief executive officer directly owned 701,234 shares in the company, valued at approximately $9,712,090.90. The trade was a 6.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kevin Holleran also recently made the following trade(s):

• On Monday, August 3rd, Kevin Holleran sold 50,000 shares of Hayward stock. The stock was sold at an average price of $15.31, for a total transaction of $765,500.00.
• On Wednesday, July 1st, Kevin Holleran sold 120,000 shares of Hayward stock. The stock was sold at an average price of $17.28, for a total transaction of $2,073,600.00.
• On Tuesday, June 30th, Kevin Holleran sold 50,000 shares of Hayward stock. The shares were sold at an average price of $17.07, for a total transaction of $853,500.00.

Hayward Stock Up 0.1%

NYSE:HAYW traded up $0.01 during trading hours on Wednesday, reaching $13.62. The company’s stock had a trading volume of 2,101,702 shares, compared to its average volume of 2,376,587. 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 company has a market cap of $2.89 billion, a price-to-earnings ratio of 18.41, a price-to-earnings-growth ratio of 1.29 and a beta of 1.10. Hayward Holdings, Inc. has a one year low of $12.93 and a one year high of $17.73. The business’s 50-day moving average is $15.33 and its 200-day moving average is $14.86.

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

Analysts Set New Price Targets

A number of analysts have recently weighed in on HAYW shares. KeyCorp restated a “sector weight” rating on shares of Hayward in a research note on Monday, July 20th. The Goldman Sachs Group reiterated a “neutral” rating on shares of Hayward in a report on Wednesday, July 29th. Weiss Ratings raised shares of Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 30th. Finally, Cantor Fitzgerald restated a “neutral” rating on shares of Hayward in a report on Monday, July 6th. Two research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $17.50.

Institutional Investors Weigh In On Hayward

Several hedge funds have recently modified their holdings of the business. Hantz Financial Services Inc. increased its position in Hayward by 80.2% during the fourth quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company’s stock worth $32,000 after acquiring an additional 916 shares during the period. Nykredit A S bought a new stake in Hayward in the 2nd quarter valued at $42,000. IFP Advisors Inc grew its position in Hayward by 103.9% in the 4th quarter. IFP Advisors Inc now owns 2,482 shares of the company’s stock worth $38,000 after purchasing an additional 1,265 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Hayward in the 4th quarter worth $39,000. Finally, Allworth Financial LP bought a new position in shares of Hayward during the 2nd quarter worth about $47,000.

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.