Hayward Holdings, Inc. (NYSE:HAYW) Receives Average Rating of "Hold" from Brokerages

Key Points

• Analyst sentiment is neutral: Hayward Holdings has a consensus “Hold” rating, with seven hold recommendations and two buys. The average 12-month price target is $17.50, compared with the stock’s recent price of $13.01.
• Quarterly results exceeded expectations: Hayward reported $0.26 in EPS versus the $0.24 consensus estimate and revenue of $318.38 million, up 6.3% year over year and above expectations.
• Insiders have been selling shares: Company insiders sold 273,500 shares worth approximately $4.43 million over the past 90 days, including sales by the CEO and a senior vice president. Insiders currently own 4.73% of the company.

Hayward Holdings, Inc. (NYSE:HAYW - Get Free Report) has received a consensus recommendation of "Hold" from the nine brokerages that are presently covering the firm, MarketBeat reports. Seven research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $17.50.

A number of analysts recently commented on the company. Wolfe Research began coverage on Hayward in a research note on Tuesday. They issued a "peer perform" rating for the company. Cantor Fitzgerald restated a "neutral" rating on shares of Hayward in a report on Monday, July 6th. KeyCorp reaffirmed a "sector weight" rating on shares of Hayward in a research report on Monday, July 20th. Weiss Ratings cut shares of Hayward from a "hold (c+)" rating to a "hold (c)" rating in a research report on Monday. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating on shares of Hayward in a research note on Wednesday, July 29th.

Insider Activity

In other news, SVP Susan M. Canning sold 3,500 shares of the stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $12.84, for a total value of $44,940.00. Following the completion of the transaction, the senior vice president owned 167,911 shares of the company's stock, valued at approximately $2,155,977.24. This represents a 2.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Kevin Holleran sold 50,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $13.85, for a total value of $692,500.00. Following the completion of the transaction, the chief executive officer 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 273,500 shares of company stock valued at $4,430,040 over the last 90 days. 4.73% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Hayward

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Hayward during the 2nd quarter valued at $422,455,000. Fiduciary Management Inc. WI lifted its position 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 lifted its position in 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 period. Jennison Associates LLC boosted its stake in Hayward by 1.9% during the first quarter. Jennison Associates LLC now owns 4,798,842 shares of the company's stock worth $64,209,000 after acquiring an additional 90,733 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Hayward by 25.6% during 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 in the last quarter.

Hayward Stock Up 0.9%

Shares of NYSE:HAYW opened at $13.01 on Friday. Hayward has a 1 year low of $12.63 and a 1 year high of $17.73. The company has a market cap of $2.76 billion, a PE ratio of 17.57, a P/E/G ratio of 1.19 and a beta of 1.10. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.33 and a quick ratio of 2.49. The stock's 50-day moving average is $14.48 and its 200 day moving average is $14.61.

Hayward (NYSE:HAYW - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.02. The business had revenue of $318.38 million during the quarter, compared to analysts' expectations of $303.35 million. Hayward had a return on equity of 11.61% and a net margin of 13.83%.The business's revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the business posted $0.24 EPS. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. Sell-side analysts anticipate that Hayward will post 0.87 EPS for the current 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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