Kevin Holleran Sells 60,571 Shares of Hayward (NYSE:HAYW) Stock

Key Points

• CEO Kevin Holleran sold 60,571 shares of Hayward stock on October 1st for approximately $918,256, reducing his ownership by 8.85%.
• Shares of Hayward Holdings, Inc. (*NYSE:HAYW*) recently traded at $15.43, with a market capitalization of $3.34 billion and a P/E ratio of 26.60.
• Analysts have a consensus rating of "Hold" for Hayward, with a price target increase from $17.50 to $18.00 from Stifel Nicolaus.

Hayward Holdings, Inc. (NYSE:HAYW - Get Free Report) CEO Kevin Holleran sold 60,571 shares of the business's stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $15.16, for a total value of $918,256.36. Following the transaction, the chief executive officer owned 623,540 shares of the company's stock, valued at $9,452,866.40. This trade represents a 8.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Kevin Holleran also recently made the following trade(s):

• On Monday, August 4th, Kevin Holleran sold 60,571 shares of Hayward stock. The shares were sold at an average price of $15.27, for a total value of $924,919.17.

Hayward Trading Up 1.2%

Shares of NYSE:HAYW traded up $0.19 during trading hours on Thursday, hitting $15.43. 1,398,231 shares of the company's stock traded hands, compared to its average volume of 2,051,220. Hayward Holdings, Inc. has a 1 year low of $11.10 and a 1 year high of $16.87. The business has a fifty day moving average price of $15.57 and a 200-day moving average price of $14.35. The firm has a market capitalization of $3.34 billion, a P/E ratio of 26.60, a price-to-earnings-growth ratio of 2.29 and a beta of 1.11. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.84 and a quick ratio of 2.06.

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

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus lifted their price target on shares of Hayward from $17.50 to $18.00 and gave the company a "buy" rating in a research note on Friday, September 5th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $17.50.

Hedge Funds Weigh In On Hayward

Large investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC raised its stake in Hayward by 149.2% in the second 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. Harbor Investment Advisory LLC raised its stake in Hayward by 28.9% in the second quarter. Harbor Investment Advisory LLC now owns 6,571 shares of the company's stock worth $91,000 after buying an additional 1,472 shares in the last quarter. KBC Group NV raised its stake in Hayward by 51.1% in the first quarter. KBC Group NV now owns 9,584 shares of the company's stock worth $133,000 after buying an additional 3,241 shares in the last quarter. Wedmont Private Capital bought a new position in Hayward in the first quarter worth approximately $142,000. Finally, Brighton Jones LLC bought a new position in Hayward in the second quarter worth approximately $146,000.

Hayward Company 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.

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