Kevin Holleran Sells 42,857 Shares of Hayward Holdings, Inc. (NYSE:HAYW) Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 42,857 shares of Hayward stock in a transaction dated Wednesday, April 17th. The shares were sold at an average price of $13.34, for a total value of $571,712.38. Following the completion of the transaction, the chief executive officer now directly owns 522,799 shares of the company’s stock, valued at $6,974,138.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, April 1st, Kevin Holleran sold 61,429 shares of Hayward stock. The stock was sold at an average price of $15.14, for a total transaction of $930,035.06.

Hayward Trading Down 0.6 %

HAYW stock opened at $13.17 on Friday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.13 and a current ratio of 3.02. The company has a market capitalization of $2.82 billion, a PE ratio of 36.58 and a beta of 1.22. Hayward Holdings, Inc. has a 52 week low of $9.80 and a 52 week high of $16.04. The company’s 50-day simple moving average is $14.03 and its 200 day simple moving average is $12.98.

Hayward (NYSE:HAYW) last released its earnings results on Thursday, February 29th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. Hayward had a return on equity of 9.55% and a net margin of 8.13%. The firm had revenue of $278.50 million during the quarter, compared to the consensus estimate of $271.47 million. During the same period in the prior year, the company posted $0.10 EPS. The company’s revenue was up 7.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Hayward Holdings, Inc. will post 0.57 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Stifel Nicolaus upped their price objective on shares of Hayward from $13.50 to $14.50 and gave the company a “hold” rating in a research report on Tuesday, March 5th. Jefferies Financial Group cut shares of Hayward from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $15.00 to $14.00 in a research report on Thursday, January 11th. TheStreet raised shares of Hayward from a “d+” rating to a “c-” rating in a report on Monday, January 22nd. Finally, The Goldman Sachs Group increased their price target on shares of Hayward from $12.00 to $15.00 and gave the company a “neutral” rating in a report on Monday, March 4th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $14.70.

Hedge Funds Weigh In On Hayward

Several hedge funds and other institutional investors have recently made changes to their positions in the company. MSD Partners L.P. bought a new position in Hayward in the fourth quarter valued at approximately $672,458,000. FMR LLC boosted its holdings in shares of Hayward by 5.8% in the 3rd quarter. FMR LLC now owns 26,660,475 shares of the company’s stock valued at $375,913,000 after purchasing an additional 1,459,093 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Hayward by 8.6% in the 4th quarter. Vanguard Group Inc. now owns 14,703,702 shares of the company’s stock valued at $199,970,000 after purchasing an additional 1,166,717 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Hayward by 26.6% during the 1st quarter. JPMorgan Chase & Co. now owns 8,899,941 shares of the company’s stock worth $104,306,000 after buying an additional 1,867,996 shares in the last quarter. Finally, BlackRock Inc. lifted its position in shares of Hayward by 31.8% during the 2nd quarter. BlackRock Inc. now owns 5,052,148 shares of the company’s stock worth $64,920,000 after buying an additional 1,218,727 shares during the last quarter.

About Hayward

Hayward Holdings, Inc designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. The company offers pool equipment, including pumps, filters, robotics, suction and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water sanitizers, salt chlorine generators, safety equipment, and in-floor automated cleaning systems, as well as LED illumination solutions.