Wellington Management Group LLP Trims Position in Hayward Holdings, Inc. $HAYW

Wellington Management Group LLP decreased its holdings in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 9.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,440,220 shares of the company’s stock after selling 269,051 shares during the quarter. Wellington Management Group LLP’s holdings in Hayward were worth $42,240,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. BlackRock Inc. acquired a new position in Hayward in the second quarter valued at $422,455,000. Vanguard Group Inc. grew its holdings in Hayward by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 20,933,077 shares of the company’s stock valued at $323,416,000 after buying an additional 105,472 shares during the period. JPMorgan Chase & Co. grew its holdings in Hayward by 2.0% in the 4th quarter. JPMorgan Chase & Co. now owns 11,911,977 shares of the company’s stock valued at $184,040,000 after buying an additional 228,397 shares during the period. Fiduciary Management Inc. WI increased its stake 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 valued at $140,438,000 after acquiring an additional 1,063,380 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Hayward by 11.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,453,736 shares of the company’s stock valued at $99,726,000 after acquiring an additional 761,145 shares during the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on HAYW shares. The Goldman Sachs Group reissued a “neutral” rating on shares of Hayward in a research report on Wednesday, July 29th. KeyCorp reaffirmed a “sector weight” rating on shares of Hayward in a research report on Monday, July 20th. Weiss Ratings raised Hayward from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 30th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Hayward in a research note 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. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $17.50.

Hayward Price Performance

Hayward stock opened at $13.70 on Friday. Hayward Holdings, Inc. has a 52-week low of $12.93 and a 52-week high of $17.73. The firm has a fifty day moving average of $15.24 and a 200-day moving average of $14.82. The firm has a market capitalization of $2.91 billion, a P/E ratio of 18.51, a PEG ratio of 1.25 and a beta of 1.10. The company has a quick ratio of 2.49, a current ratio of 3.33 and a debt-to-equity ratio of 0.59.

Hayward (NYSE:HAYW) last posted its earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share 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 business had revenue of $318.38 million for the quarter, compared to analyst estimates of $303.35 million. During the same quarter in the previous year, the business posted $0.24 EPS. The business’s quarterly revenue 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, analysts predict that Hayward Holdings, Inc. will post 0.87 EPS for the current year.

Insider Activity at Hayward

In other news, CEO Kevin Holleran sold 120,000 shares of the company’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 owned 701,234 shares of the company’s stock, valued at $12,117,323.52. This represents a 14.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 270,000 shares of company stock worth $4,385,100 in the last 90 days. Insiders own 4.73% of the company’s stock.

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.