Sendero Wealth Management LLC raised its holdings in shares of Hayward Holdings, Inc. (NYSE:HAYW - Free Report) by 95.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,769 shares of the company's stock after purchasing an additional 19,899 shares during the quarter. Sendero Wealth Management LLC's holdings in Hayward were worth $568,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also bought and sold shares of the company. Kovitz Investment Group Partners LLC raised its stake in shares of Hayward by 385.5% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 8,433,106 shares of the company's stock valued at $128,942,000 after acquiring an additional 6,696,170 shares during the period. Michael & Susan Dell Foundation grew its holdings in Hayward by 247.6% during the 4th quarter. Michael & Susan Dell Foundation now owns 8,984,492 shares of the company's stock valued at $137,373,000 after purchasing an additional 6,400,000 shares during the last quarter. BBR Partners LLC bought a new position in Hayward during the 4th quarter valued at about $67,399,000. Fiduciary Management Inc. WI bought a new stake in Hayward in the fourth quarter worth about $62,949,000. Finally, Vanguard Group Inc. boosted its position in shares of Hayward by 22.8% during the fourth quarter. Vanguard Group Inc. now owns 19,305,043 shares of the company's stock valued at $295,174,000 after buying an additional 3,589,352 shares during the period.
Insider Activity at Hayward
In other Hayward news, CEO Kevin Holleran sold 50,000 shares of the business's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $14.06, for a total value of $703,000.00. Following the completion of the transaction, the chief executive officer now directly owns 623,540 shares in the company, valued at approximately $8,766,972.40. The trade was a 7.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.06% of the stock is owned by corporate insiders.
Hayward Stock Up 0.3%
Shares of NYSE:HAYW traded up $0.04 during trading hours on Thursday, hitting $14.19. The company's stock had a trading volume of 1,344,157 shares, compared to its average volume of 1,794,383. The firm's fifty day moving average price is $13.27 and its 200 day moving average price is $14.41. Hayward Holdings, Inc. has a 52 week low of $11.10 and a 52 week high of $16.87. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of 33.78, a P/E/G ratio of 1.87 and a beta of 1.14. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.62 and a quick ratio of 1.69.
Hayward (NYSE:HAYW - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.01. The company had revenue of $228.84 million during the quarter, compared to the consensus estimate of $216.37 million. Hayward had a net margin of 9.47% and a return on equity of 9.93%. Hayward's revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.08 earnings per share. As a group, research analysts expect that Hayward Holdings, Inc. will post 0.6 EPS for the current year.
Analyst Ratings Changes
HAYW has been the topic of several recent analyst reports. Robert W. Baird increased their price target on Hayward from $17.00 to $18.00 and gave the stock a "neutral" rating in a report on Friday, February 28th. Stifel Nicolaus upgraded Hayward from a "hold" rating to a "buy" rating and set a $16.50 target price on the stock in a research note on Wednesday, February 5th. Finally, Wolfe Research lowered shares of Hayward from an "outperform" rating to a "peer perform" rating in a research note on Thursday, April 3rd. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $17.13.
View Our Latest Analysis on HAYW
About Hayward
(
Free Report)
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.
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