Bank of America Corp DE Invests $33.31 Million in Hayward Holdings, Inc. $HAYW

Key Points

• Bank of America initiated a $33.31 million stake in Hayward Holdings, purchasing 1.92 million shares and owning approximately 0.91% of the company at the end of the second quarter.
• Hayward exceeded quarterly expectations, reporting $0.26 in EPS versus $0.24 expected and $318.38 million in revenue, up 6.3% year over year. The company maintained fiscal 2026 EPS guidance of $0.84–$0.87.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and a $17.50 price target, while company insiders have sold 273,500 shares worth approximately $4.43 million over the past 90 days.

Bank of America Corp DE bought a new stake in shares of Hayward Holdings, Inc. (NYSE:HAYW - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,924,118 shares of the company's stock, valued at approximately $33,306,000. Bank of America Corp DE owned 0.91% of Hayward at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hantz Financial Services Inc. boosted its position in Hayward by 80.2% during the 4th quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company's stock valued at $32,000 after buying an additional 916 shares during the period. IFP Advisors Inc grew its holdings in Hayward by 103.9% in the 4th quarter. IFP Advisors Inc now owns 2,482 shares of the company's stock worth $38,000 after acquiring an additional 1,265 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Hayward in the fourth quarter valued at about $39,000. Allworth Financial LP purchased a new position in shares of Hayward in the second quarter valued at about $47,000. Finally, Steph & Co. raised its stake in shares of Hayward by 134.8% during the first quarter. Steph & Co. now owns 6,131 shares of the company's stock valued at $82,000 after acquiring an additional 3,520 shares during the last quarter.

Hayward Price Performance

HAYW stock opened at $12.93 on Wednesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.33 and a quick ratio of 2.49. Hayward Holdings, Inc. has a 1 year low of $12.63 and a 1 year high of $17.73. The firm has a 50-day moving average of $14.37 and a 200 day moving average of $14.56. The company has a market cap of $2.74 billion, a P/E ratio of 17.47, a PEG ratio of 1.19 and a beta of 1.10.

Hayward (NYSE:HAYW - Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.26 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.02. Hayward had a return on equity of 11.61% and a net margin of 13.83%.The company had revenue of $318.38 million during the quarter, compared to analysts' expectations of $303.35 million. During the same quarter last year, the business posted $0.24 EPS. The firm'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, sell-side analysts forecast that Hayward Holdings, Inc. will post 0.87 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on HAYW shares. Weiss Ratings cut Hayward from a "hold (c+)" rating to a "hold (c)" rating in a research note on Monday, September 14th. The Goldman Sachs Group reaffirmed a "neutral" rating on shares of Hayward in a research report on Wednesday, July 29th. Wolfe Research started coverage on Hayward in a report on Tuesday, September 15th. They issued a "peer perform" rating for the company. Cantor Fitzgerald reiterated a "neutral" rating on shares of Hayward in a research report on Monday, July 6th. Finally, KeyCorp reissued a "sector weight" rating on shares of Hayward in a research note on Monday, July 20th. Two analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Hayward currently has a consensus rating of "Hold" and a consensus price target of $17.50.

Insiders Place Their Bets

In related news, CEO Kevin Holleran sold 50,000 shares of the business's stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $13.85, for a total transaction of $692,500.00. Following the sale, the chief executive officer owned 701,234 shares of the company's stock, valued at $9,712,090.90. The trade was a 6.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Susan M. Canning sold 3,500 shares of the company's stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $12.84, for a total transaction of $44,940.00. Following the completion of the sale, the senior vice president 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 273,500 shares of company stock worth $4,430,040. Company insiders own 4.73% of the company's stock.

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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