Hayward Holdings, Inc. (NYSE:HAYW) Shares Purchased by Keybank National Association OH

Keybank National Association OH lifted its holdings in Hayward Holdings, Inc. (NYSE:HAYW) by 4.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,754 shares of the company’s stock after purchasing an additional 2,006 shares during the quarter. Keybank National Association OH’s holdings in Hayward were worth $791,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Capital Performance Advisors LLP acquired a new stake in Hayward during the 3rd quarter worth about $43,000. True Wealth Design LLC acquired a new stake in Hayward during the 3rd quarter worth about $44,000. Blue Trust Inc. lifted its position in Hayward by 30.2% during the 4th quarter. Blue Trust Inc. now owns 2,891 shares of the company’s stock worth $44,000 after acquiring an additional 671 shares during the period. Harbor Investment Advisory LLC lifted its position in Hayward by 98.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 5,099 shares of the company’s stock worth $78,000 after acquiring an additional 2,524 shares during the period. Finally, KBC Group NV lifted its position in Hayward by 56.2% during the 4th quarter. KBC Group NV now owns 6,343 shares of the company’s stock worth $97,000 after acquiring an additional 2,283 shares during the period.

Wall Street Analysts Forecast Growth

HAYW has been the subject of a number of research reports. Stifel Nicolaus raised Hayward from a “hold” rating to a “buy” rating and set a $16.50 price target for the company in a research report on Wednesday, February 5th. Robert W. Baird lifted their price target on Hayward from $17.00 to $18.00 and gave the stock a “neutral” rating in a research report on Friday, February 28th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Hayward in a research note on Monday, January 6th.

Insider Buying and Selling

In related news, CEO Kevin Holleran sold 50,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $14.52, for a total value of $726,000.00. Following the completion of the transaction, the chief executive officer now owns 522,799 shares of the company’s stock, valued at approximately $7,591,041.48. This represents a 8.73 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.25% of the stock is currently owned by insiders.

Hayward Stock Performance

NYSE HAYW opened at $14.97 on Friday. The stock has a 50-day simple moving average of $14.71 and a two-hundred day simple moving average of $15.10. The firm has a market capitalization of $3.23 billion, a P/E ratio of 35.63, a PEG ratio of 1.87 and a beta of 1.16. Hayward Holdings, Inc. has a fifty-two week low of $11.96 and a fifty-two week high of $16.87. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.69 and a current ratio of 2.62.

Hayward (NYSE:HAYW) last released its quarterly earnings data on Thursday, February 27th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. Hayward had a return on equity of 9.93% and a net margin of 9.47%. The business had revenue of $327.08 million during the quarter, compared to analyst estimates of $302.76 million. On average, equities analysts forecast that Hayward Holdings, Inc. will post 0.6 earnings per share for the current 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.