Hayward Holdings, Inc. (NYSE:HAYW) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC grew its holdings in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 7.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 20,078 shares of the company’s stock after acquiring an additional 1,462 shares during the quarter. Natixis Advisors LLC’s holdings in Hayward were worth $247,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in HAYW. nVerses Capital LLC acquired a new position in shares of Hayward in the second quarter worth $64,000. Innealta Capital LLC bought a new stake in shares of Hayward during the 2nd quarter worth $30,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Hayward by 2.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 28,642 shares of the company’s stock worth $352,000 after acquiring an additional 784 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Hayward by 1.3% during the second quarter. Bank of New York Mellon Corp now owns 860,293 shares of the company’s stock valued at $10,582,000 after acquiring an additional 11,013 shares during the period. Finally, Louisiana State Employees Retirement System grew its position in shares of Hayward by 2.2% in the second quarter. Louisiana State Employees Retirement System now owns 63,800 shares of the company’s stock valued at $785,000 after purchasing an additional 1,400 shares during the last quarter.

Hayward Price Performance

Shares of NYSE HAYW opened at $13.56 on Friday. The company has a current ratio of 2.59, a quick ratio of 1.68 and a debt-to-equity ratio of 0.71. The firm’s 50-day moving average price is $13.82 and its 200-day moving average price is $13.91. The firm has a market capitalization of $2.92 billion, a P/E ratio of 37.67, a P/E/G ratio of 2.31 and a beta of 1.21. Hayward Holdings, Inc. has a 1-year low of $9.80 and a 1-year high of $16.04.

Hayward (NYSE:HAYW) last released its quarterly earnings results on Tuesday, July 30th. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.01. The business had revenue of $284.39 million during the quarter, compared to analyst estimates of $282.60 million. Hayward had a return on equity of 9.66% and a net margin of 9.06%. Hayward’s quarterly revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.19 EPS. Equities research analysts anticipate that Hayward Holdings, Inc. will post 0.59 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Kevin Holleran sold 42,857 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $14.29, for a total value of $612,426.53. Following the transaction, the chief executive officer now owns 522,799 shares of the company’s stock, valued at $7,470,797.71. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, SVP Susan M. Canning sold 5,028 shares of the business’s stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $14.00, for a total value of $70,392.00. Following the completion of the sale, the senior vice president now owns 67,904 shares of the company’s stock, valued at approximately $950,656. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Kevin Holleran sold 42,857 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $14.29, for a total value of $612,426.53. Following the sale, the chief executive officer now directly owns 522,799 shares of the company’s stock, valued at approximately $7,470,797.71. The disclosure for this sale can be found here. Insiders have sold a total of 133,599 shares of company stock worth $1,786,815 over the last 90 days. Corporate insiders own 3.25% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on HAYW. KeyCorp dropped their price target on Hayward from $17.00 to $16.00 and set an “overweight” rating on the stock in a research report on Friday, July 19th. Stifel Nicolaus raised their price objective on Hayward from $15.00 to $15.50 and gave the stock a “hold” rating in a research report on Friday, August 30th. The Goldman Sachs Group decreased their target price on shares of Hayward from $15.00 to $13.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 2nd. Finally, Robert W. Baird increased their price target on shares of Hayward from $16.00 to $19.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 31st. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $15.50.

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.