Hayward Holdings, Inc. (NYSE:HAYW) CEO Sells $1,596,000.00 in Stock

Hayward Holdings, Inc. (NYSE:HAYW) CEO Kevin Holleran sold 100,000 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $15.96, for a total value of $1,596,000.00. Following the transaction, the chief executive officer now directly owns 522,799 shares of the company’s stock, valued at approximately $8,343,872.04. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Tuesday, September 3rd, Kevin Holleran sold 42,857 shares of Hayward stock. The stock was sold at an average price of $14.29, for a total value of $612,426.53.

Hayward Trading Down 0.8 %

Shares of NYSE HAYW opened at $15.78 on Thursday. Hayward Holdings, Inc. has a fifty-two week low of $11.16 and a fifty-two week high of $16.87. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.69 and a current ratio of 2.62. The company has a market cap of $3.40 billion, a price-to-earnings ratio of 38.12, a PEG ratio of 2.23 and a beta of 1.19. The business’s 50 day moving average price is $15.03 and its 200-day moving average price is $14.19.

Hayward (NYSE:HAYW) last released its earnings results on Tuesday, October 29th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. The business had revenue of $227.57 million during the quarter, compared to the consensus estimate of $222.88 million. Hayward had a return on equity of 9.93% and a net margin of 9.47%. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period last year, the company earned $0.08 earnings per share. On average, sell-side analysts expect that Hayward Holdings, Inc. will post 0.61 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on HAYW shares. KeyCorp raised their target price on shares of Hayward from $17.00 to $18.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. Stifel Nicolaus lifted their price objective on shares of Hayward from $15.50 to $16.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. The Goldman Sachs Group lifted their price target on Hayward from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Finally, Robert W. Baird upped their price objective on Hayward from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $16.80.

Hedge Funds Weigh In On Hayward

A number of hedge funds have recently added to or reduced their stakes in the stock. Blue Trust Inc. raised its stake in shares of Hayward by 2,710.1% during the third quarter. Blue Trust Inc. now owns 2,220 shares of the company’s stock valued at $34,000 after acquiring an additional 2,141 shares in the last quarter. Innealta Capital LLC bought a new stake in Hayward during the 2nd quarter valued at $30,000. Capital Performance Advisors LLP bought a new stake in Hayward during the 3rd quarter valued at $43,000. nVerses Capital LLC purchased a new stake in shares of Hayward in the 2nd quarter worth $64,000. Finally, Quest Partners LLC grew its position in shares of Hayward by 217.7% during the 2nd quarter. Quest Partners LLC now owns 7,910 shares of the company’s stock worth $97,000 after buying an additional 5,420 shares in the last quarter.

Hayward Company Profile

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.