Hayward Holdings, Inc. (NYSE:HAYW) Shares Sold by Amalgamated Bank

Amalgamated Bank trimmed its stake in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 12.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,134 shares of the company’s stock after selling 6,084 shares during the quarter. Amalgamated Bank’s holdings in Hayward were worth $677,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. 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 period. Arizona State Retirement System lifted its position in Hayward by 2.2% during the 2nd quarter. Arizona State Retirement System now owns 41,998 shares of the company’s stock worth $517,000 after acquiring an additional 887 shares during the period. Bessemer Group Inc. lifted its position in Hayward by 1.4% during the 1st quarter. Bessemer Group Inc. now owns 81,400 shares of the company’s stock worth $1,246,000 after acquiring an additional 1,100 shares during the period. Louisiana State Employees Retirement System lifted its position in Hayward by 2.2% during the 2nd quarter. Louisiana State Employees Retirement System now owns 63,800 shares of the company’s stock worth $785,000 after acquiring an additional 1,400 shares during the period. Finally, Natixis Advisors LLC raised its stake in shares of Hayward by 7.9% during the 2nd quarter. Natixis Advisors LLC now owns 20,078 shares of the company’s stock worth $247,000 after buying an additional 1,462 shares in the last quarter.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Robert W. Baird increased their target price on Hayward from $19.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. Stifel Nicolaus increased their target price on Hayward from $15.50 to $16.00 and gave the stock a “hold” rating in a research note on Monday, October 28th. KeyCorp increased their target price on Hayward from $17.00 to $18.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. Finally, The Goldman Sachs Group increased their target price on Hayward from $14.00 to $16.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, Hayward has a consensus rating of “Hold” and a consensus price target of $16.80.

Hayward Stock Performance

NYSE HAYW opened at $16.06 on Friday. Hayward Holdings, Inc. has a 1-year low of $11.48 and a 1-year high of $16.87. The company has a market capitalization of $3.46 billion, a P/E ratio of 38.24, a PEG ratio of 2.21 and a beta of 1.19. The business has a 50 day moving average price of $15.13 and a 200 day moving average price of $14.23. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.62 and a quick ratio of 1.69.

Hayward (NYSE:HAYW) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. Hayward had a return on equity of 9.93% and a net margin of 9.47%. The firm had revenue of $227.57 million during the quarter, compared to the consensus estimate of $222.88 million. During the same period last year, the business posted $0.08 EPS. Hayward’s quarterly revenue was up 3.3% on a year-over-year basis. Sell-side analysts expect that Hayward Holdings, Inc. will post 0.61 EPS for the current fiscal year.

Insider Activity at Hayward

In other Hayward news, CEO Kevin Holleran sold 100,000 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $15.96, for a total transaction of $1,596,000.00. Following the sale, the chief executive officer now owns 522,799 shares in the company, valued at approximately $8,343,872.04. This represents a 16.06 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Eifion Jones sold 75,000 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $16.11, for a total value of $1,208,250.00. Following the sale, the chief financial officer now owns 258,903 shares in the company, valued at approximately $4,170,927.33. This trade represents a 22.46 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 217,857 shares of company stock valued at $3,416,677 in the last ninety days. Corporate insiders own 3.25% of the company’s stock.

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.