Hayward Holdings, Inc. $HAYW Shares Sold by American Century Companies Inc.

Key Points

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American Century Companies Inc. lowered its position in Hayward Holdings, Inc. (NYSE:HAYW - Free Report) by 5.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,752,352 shares of the company's stock after selling 357,280 shares during the period. American Century Companies Inc. owned approximately 2.66% of Hayward worth $80,073,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Kovitz Investment Group Partners LLC boosted its position in Hayward by 385.5% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 8,433,106 shares of the company's stock worth $128,942,000 after purchasing an additional 6,696,170 shares in the last quarter. Michael & Susan Dell Foundation boosted its position in Hayward by 247.6% in the 4th quarter. Michael & Susan Dell Foundation now owns 8,984,492 shares of the company's stock worth $137,373,000 after purchasing an additional 6,400,000 shares in the last quarter. AQR Capital Management LLC boosted its position in Hayward by 456.1% in the 4th quarter. AQR Capital Management LLC now owns 2,671,523 shares of the company's stock worth $40,848,000 after purchasing an additional 2,191,160 shares in the last quarter. Trigran Investments Inc. boosted its position in Hayward by 75.8% in the 4th quarter. Trigran Investments Inc. now owns 2,400,037 shares of the company's stock worth $36,697,000 after purchasing an additional 1,034,610 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in Hayward by 107.7% in the 4th quarter. Ameriprise Financial Inc. now owns 1,982,822 shares of the company's stock worth $30,317,000 after purchasing an additional 1,028,303 shares in the last quarter.

Hayward Stock Performance

Hayward stock traded down $0.2960 during mid-day trading on Wednesday, hitting $15.8440. The company had a trading volume of 2,912,089 shares, compared to its average volume of 2,846,182. Hayward Holdings, Inc. has a 12-month low of $11.10 and a 12-month high of $16.87. The company has a market capitalization of $3.43 billion, a price-to-earnings ratio of 22.42, a P/E/G ratio of 2.45 and a beta of 1.13. The company has a current ratio of 2.84, a quick ratio of 2.06 and a debt-to-equity ratio of 0.63. The company's fifty day moving average is $14.69 and its 200-day moving average is $14.08.

Hayward (NYSE:HAYW - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.22 by $0.02. Hayward had a return on equity of 11.07% and a net margin of 12.04%.The firm had revenue of $299.60 million during the quarter, compared to the consensus estimate of $291.17 million. During the same period in the prior year, the company earned $0.21 EPS. The firm's revenue was up 5.3% compared to the same quarter last year. Hayward has set its FY 2025 guidance at EPS. Equities research analysts predict that Hayward Holdings, Inc. will post 0.6 EPS for the current year.

Insiders Place Their Bets

In other news, CFO Eifion Jones sold 20,000 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $16.50, for a total transaction of $330,000.00. Following the completion of the transaction, the chief financial officer directly owned 287,231 shares in the company, valued at approximately $4,739,311.50. This represents a 6.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Kevin Holleran sold 60,571 shares of the firm's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $15.27, for a total value of $924,919.17. Following the transaction, the chief executive officer owned 623,540 shares of the company's stock, valued at $9,521,455.80. This trade represents a 8.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 156,142 shares of company stock valued at $2,347,527. Company insiders own 5.06% of the company's stock.

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.