Bank of New York Mellon Corp Buys Shares of 1,670,455 Hayward Holdings, Inc. $HAYW

Key Points

• Bank of New York Mellon acquired 1.67 million Hayward Holdings shares worth approximately $28.9 million, representing about 0.79% of the company. Several other institutional investors also increased their positions.
• Hayward reported quarterly EPS of $0.26, beating estimates by $0.02, while revenue of $318.4 million rose 6.3% year over year and exceeded expectations. The company maintained full-year 2026 EPS guidance of $0.84–$0.87.
• Shares opened at $14.16, below the consensus analyst target of $17.50; analysts overall rate the stock “Hold.” CEO Kevin Holleran sold 120,000 shares for about $2.1 million under a pre-arranged trading plan.

Bank of New York Mellon Corp bought a new stake in 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 fund bought 1,670,455 shares of the company's stock, valued at approximately $28,916,000. Bank of New York Mellon Corp owned approximately 0.79% of Hayward at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hantz Financial Services Inc. increased its stake in Hayward by 80.2% in the fourth quarter. Hantz Financial Services Inc. now owns 2,058 shares of the company's stock valued at $32,000 after acquiring an additional 916 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of Hayward by 103.9% in the 4th quarter. IFP Advisors Inc now owns 2,482 shares of the company's stock valued at $38,000 after purchasing an additional 1,265 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Hayward in the 4th quarter valued at $39,000. Farther Finance Advisors LLC increased its stake in shares of Hayward by 669.4% in the 4th quarter. Farther Finance Advisors LLC now owns 3,716 shares of the company's stock valued at $57,000 after purchasing an additional 3,233 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Hayward by 149.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,700 shares of the company's stock worth $65,000 after buying an additional 2,814 shares in the last quarter.

Hayward Stock Down 0.6%

Shares of HAYW opened at $14.16 on Friday. The stock's 50-day moving average price is $15.37 and its two-hundred day moving average price is $14.92. Hayward Holdings, Inc. has a 12 month low of $12.93 and a 12 month high of $17.73. The company has a market capitalization of $3.00 billion, a PE ratio of 19.14, a PEG ratio of 1.30 and a beta of 1.09. The company has a current ratio of 3.33, a quick ratio of 2.49 and a debt-to-equity ratio of 0.59.

Hayward (NYSE:HAYW - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.02. The company 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 quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.24 earnings per share. Hayward has set its FY 2026 guidance at 0.840-0.870 EPS. On average, analysts anticipate that Hayward Holdings, Inc. will post 0.87 EPS for the current year.

Analyst Ratings Changes

HAYW has been the topic of several research analyst reports. Weiss Ratings raised Hayward from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, July 30th. Cantor Fitzgerald reissued a "neutral" rating on shares of Hayward in a research note on Monday, July 6th. The Goldman Sachs Group reissued a "neutral" rating on shares of Hayward in a report on Wednesday, July 29th. Finally, KeyCorp restated a "sector weight" rating on shares of Hayward in a research note on Monday, July 20th. Two investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Hayward currently has an average rating of "Hold" and a consensus target price of $17.50.

Insider Transactions at Hayward

In other news, CEO Kevin Holleran sold 120,000 shares of the business's stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $17.28, for a total value of $2,073,600.00. Following the transaction, the chief executive officer owned 701,234 shares in the company, valued at approximately $12,117,323.52. The trade was a 14.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 272,389 shares of company stock worth $4,415,044. 4.73% of the stock is currently owned by company insiders.

About Hayward

Hayward Holdings, Inc is a leading manufacturer and marketer of residential and commercial swimming pool equipment and related outdoor living products. The company designs, engineers and produces a comprehensive range of products that address water circulation, filtration, heating, sanitation, automation, lighting and cleaning needs for pools and spas. Hayward's offerings include pumps, filters, heaters, salt and chemical sanitization systems, automation controls, lights, robotic cleaners and various accessories that serve both new pool construction and aftermarket renovation markets.

Hayward's product portfolio is organized into several core categories.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source