Hayward Holdings, Inc. (NYSE:HAYW) Receives Consensus Recommendation of “Hold” from Brokerages
by Michael Walen · The Markets DailyHayward Holdings, Inc. (NYSE:HAYW – Get Free Report) has been given an average rating of “Hold” by the nine brokerages that are presently covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $17.50.
Several research firms have recently issued reports on HAYW. Weiss Ratings lowered Hayward from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday. Cantor Fitzgerald reissued a “neutral” rating on shares of Hayward in a research report on Monday, July 6th. Wolfe Research initiated coverage on shares of Hayward in a research note on Tuesday. They set a “peer perform” rating for the company. KeyCorp restated a “sector weight” rating on shares of Hayward in a research note on Monday, July 20th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Hayward in a report on Wednesday, July 29th.
View Our Latest Stock Report on HAYW
Insider Activity at Hayward
In other Hayward news, SVP Susan M. Canning sold 3,500 shares of the stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $12.84, for a total transaction of $44,940.00. Following the sale, the senior vice president directly owned 167,911 shares in the company, valued at approximately $2,155,977.24. This trade represents a 2.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Kevin Holleran sold 50,000 shares of Hayward stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $13.85, for a total value of $692,500.00. Following the completion of the sale, the chief executive officer directly owned 701,234 shares of the company’s stock, valued at approximately $9,712,090.90. The trade was a 6.66% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 273,500 shares of company stock valued at $4,430,040 in the last three months. 4.73% of the stock is owned by insiders.
Institutional Investors Weigh In On Hayward
Institutional investors have recently modified their holdings of the business. BlackRock Inc. bought a new stake in Hayward in the 2nd quarter worth about $422,455,000. Fiduciary Management Inc. WI lifted its stake in 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 period. Dimensional Fund Advisors LP boosted its holdings 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. Jennison Associates LLC boosted its holdings in shares of Hayward by 1.9% during the 1st quarter. Jennison Associates LLC now owns 4,798,842 shares of the company’s stock valued at $64,209,000 after acquiring an additional 90,733 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Hayward by 25.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,975,392 shares of the company’s stock worth $39,811,000 after acquiring an additional 605,743 shares during the period.
Hayward Stock Up 0.9%
HAYW stock opened at $13.01 on Friday. Hayward has a twelve month low of $12.63 and a twelve month high of $17.73. The company has a quick ratio of 2.49, a current ratio of 3.33 and a debt-to-equity ratio of 0.59. The firm has a market cap of $2.76 billion, a PE ratio of 17.57, a price-to-earnings-growth ratio of 1.19 and a beta of 1.10. The business has a 50 day moving average of $14.48 and a 200 day moving average of $14.61.
Hayward (NYSE:HAYW – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.24 by $0.02. Hayward had a return on equity of 11.61% and a net margin of 13.83%.The business had revenue of $318.38 million for the quarter, compared to the consensus estimate of $303.35 million. During the same period in the previous year, the company posted $0.24 earnings per share. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. On average, research analysts forecast that Hayward will post 0.87 EPS for the current fiscal year.
Hayward Company Profile
Hayward Holdings, Inc designs, manufactures and sells equipment and systems used in residential and commercial swimming pools. Its product portfolio includes pumps, filters, heaters, heat pumps, automatic cleaners, lighting, salt chlorination systems and pool automation and controls.
The company’s products are intended to help pool owners and professionals circulate, filter, heat, sanitize and manage pool water. Hayward sells through distributors, retailers, pool builders and service professionals, serving customers primarily in North America as well as selected international markets.
Hayward’s business traces its history to 1925 and has developed from a pool-equipment manufacturer into a provider of connected and energy-efficient pool solutions.
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