Hayward Holdings, Inc. $HAYW Shares Sold by Strs Ohio

by · The Cerbat Gem

Strs Ohio cut its stake in Hayward Holdings, Inc. (NYSE:HAYW – Free Report) by 3.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 106,133 shares of the company’s stock after selling 3,647 shares during the period. Strs Ohio’s holdings in Hayward were worth $1,465,000 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. Harbor Investment Advisory LLC lifted its position in Hayward by 28.9% during the second quarter. Harbor Investment Advisory LLC now owns 6,571 shares of the company’s stock valued at $91,000 after buying an additional 1,472 shares in the last quarter. Brighton Jones LLC bought a new stake in shares of Hayward in the second quarter worth $146,000. Focus Partners Advisor Solutions LLC bought a new stake in shares of Hayward in the first quarter worth $150,000. EntryPoint Capital LLC bought a new stake in shares of Hayward in the first quarter worth $153,000. Finally, Financiere des Professionnels Fonds d investissement inc. bought a new stake in shares of Hayward in the second quarter worth $153,000.

Insider Buying and Selling at Hayward

In other news, CEO Kevin Holleran sold 60,571 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $15.16, for a total transaction of $918,256.36. Following the completion of the transaction, the chief executive officer owned 623,540 shares of the company’s stock, valued at approximately $9,452,866.40. The trade was a 8.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Eifion Jones sold 25,000 shares of the business’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $17.50, for a total transaction of $437,500.00. Following the transaction, the chief financial officer directly owned 287,231 shares of the company’s stock, valued at approximately $5,026,542.50. This trade represents a 8.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 166,142 shares of company stock valued at $2,699,715. Corporate insiders own 5.06% of the company’s stock.

Analysts Set New Price Targets

HAYW has been the subject of a number of research analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of Hayward in a research note on Tuesday, October 14th. Stifel Nicolaus lifted their price target on shares of Hayward from $17.50 to $18.00 and gave the stock a “buy” rating in a research note on Friday, September 5th. Finally, Zacks Research upgraded shares of Hayward from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Hayward presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.00.

Read Our Latest Stock Report on Hayward

Hayward Stock Down 0.4%

HAYW stock opened at $16.13 on Thursday. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.18 and a quick ratio of 2.31. Hayward Holdings, Inc. has a 1-year low of $11.10 and a 1-year high of $17.73. The firm has a fifty day moving average price of $15.58 and a two-hundred day moving average price of $14.83. The firm has a market cap of $3.50 billion, a price-to-earnings ratio of 26.02, a PEG ratio of 1.70 and a beta of 1.12.

Hayward (NYSE:HAYW – Get Free Report) last released its earnings results on Wednesday, October 29th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.02. Hayward had a net margin of 12.54% and a return on equity of 11.24%. The firm had revenue of $244.34 million during the quarter, compared to analyst estimates of $231.46 million. During the same quarter in the previous year, the firm earned $0.11 earnings per share. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. Hayward has set its FY 2025 guidance at EPS. Research analysts predict that Hayward Holdings, Inc. will post 0.6 EPS for the current year.

About Hayward

(Free Report)

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.

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