HighTower Advisors LLC Purchases Shares of 26,716 Hayward Holdings, Inc. $HAYW

HighTower Advisors LLC bought a new position in Hayward Holdings, Inc. (NYSE:HAYW - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 26,716 shares of the company's stock, valued at approximately $372,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. KBC Group NV increased its position in shares of Hayward by 51.1% in the 1st quarter. KBC Group NV now owns 9,584 shares of the company's stock worth $133,000 after purchasing an additional 3,241 shares during the last quarter. Wedmont Private Capital bought a new stake in shares of Hayward during the 1st quarter valued at about $142,000. iSAM Funds UK Ltd bought a new stake in shares of Hayward during the 4th quarter valued at about $165,000. Pacer Advisors Inc. grew its position in shares of Hayward by 9.5% during the 1st quarter. Pacer Advisors Inc. now owns 11,165 shares of the company's stock valued at $155,000 after buying an additional 969 shares during the last quarter. Finally, Bridgefront Capital LLC bought a new stake in shares of Hayward during the 4th quarter valued at about $172,000.

Insider Activity at Hayward

In other news, 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 transaction of $924,919.17. Following the completion of the sale, the chief executive officer owned 623,540 shares in the company, valued at approximately $9,521,455.80. This trade represents a 8.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Eifion Jones sold 20,000 shares of the firm's stock in a transaction dated Wednesday, August 13th. The shares were 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 156,142 shares of company stock valued at $2,347,527 in the last ninety days. Insiders own 5.06% of the company's stock.

Hayward Price Performance

Shares of NYSE:HAYW traded down $0.22 during trading on Wednesday, reaching $15.56. The company had a trading volume of 2,127,011 shares, compared to its average volume of 2,416,392. The firm's fifty day moving average is $15.21 and its 200 day moving average is $14.22. The firm has a market capitalization of $3.37 billion, a PE ratio of 26.82, a price-to-earnings-growth ratio of 2.41 and a beta of 1.13. Hayward Holdings, Inc. has a twelve month low of $11.10 and a twelve month high of $16.87. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.06 and a current ratio of 2.84.

Hayward (NYSE:HAYW - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.02. The business had revenue of $299.60 million for the quarter, compared to analyst estimates of $291.17 million. Hayward had a net margin of 12.04% and a return on equity of 11.07%. Hayward's revenue was up 5.3% compared to the same quarter last year. During the same period last year, the business posted $0.21 EPS. Hayward has set its FY 2025 guidance at EPS. On average, equities analysts forecast that Hayward Holdings, Inc. will post 0.6 EPS for the current year.

Hayward Profile

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.