Birch Hill Investment Advisors LLC Has $4.44 Million Stock Holdings in Hayward Holdings, Inc. (NYSE:HAYW)

Birch Hill Investment Advisors LLC trimmed its holdings in Hayward Holdings, Inc. (NYSE:HAYW - Free Report) by 7.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 318,918 shares of the company's stock after selling 25,000 shares during the quarter. Birch Hill Investment Advisors LLC owned 0.15% of Hayward worth $4,439,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Hayward by 22.8% in the fourth quarter. Vanguard Group Inc. now owns 19,305,043 shares of the company's stock worth $295,174,000 after purchasing an additional 3,589,352 shares during the period. Michael & Susan Dell Foundation lifted its position in Hayward by 247.6% in the fourth 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 during the period. Kovitz Investment Group Partners LLC lifted its position in Hayward by 385.5% in the fourth 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 during the period. American Century Companies Inc. lifted its position in Hayward by 31.2% in the fourth quarter. American Century Companies Inc. now owns 6,109,632 shares of the company's stock worth $93,416,000 after purchasing an additional 1,453,282 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in Hayward by 8.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,873,782 shares of the company's stock worth $74,520,000 after purchasing an additional 392,695 shares during the period.

Insider Buying and Selling at Hayward

In other news, CEO Kevin Holleran sold 50,000 shares of the firm's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $14.06, for a total value of $703,000.00. Following the completion of the sale, the chief executive officer now directly owns 623,540 shares in the company, valued at approximately $8,766,972.40. This trade represents a 7.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 5.06% of the company's stock.

Analyst Upgrades and Downgrades

HAYW has been the subject of several research reports. Wolfe Research cut Hayward from an "outperform" rating to a "peer perform" rating in a research report on Thursday, April 3rd. Robert W. Baird raised their target price on Hayward from $17.00 to $18.00 and gave the stock a "neutral" rating in a research report on Friday, February 28th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $17.13.

Hayward Price Performance

Shares of NYSE HAYW traded down $0.02 during midday trading on Thursday, reaching $13.50. 1,246,530 shares of the company traded hands, compared to its average volume of 1,826,720. The firm has a market cap of $2.92 billion, a PE ratio of 24.54, a PEG ratio of 2.78 and a beta of 1.14. The stock's 50-day simple moving average is $13.58 and its 200-day simple moving average is $14.24. Hayward Holdings, Inc. has a 12 month low of $11.10 and a 12 month high of $16.87. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.84 and a current ratio of 2.63.

Hayward (NYSE:HAYW - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.01. The company had revenue of $228.84 million during the quarter, compared to analysts' expectations of $216.37 million. Hayward had a return on equity of 10.94% and a net margin of 11.53%. The business's revenue was up 7.7% on a year-over-year basis. During the same period last year, the business earned $0.08 earnings per share. As a group, equities analysts anticipate that Hayward Holdings, Inc. will post 0.6 earnings per share for the current fiscal year.

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.