Hayward Holdings, Inc. (NYSE:HAYW) Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its stake in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 6.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 111,499 shares of the company’s stock after buying an additional 6,264 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.05% of Hayward worth $1,710,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD lifted its position in shares of Hayward by 6.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 65,048 shares of the company’s stock worth $996,000 after buying an additional 4,158 shares during the last quarter. Jane Street Group LLC lifted its position in Hayward by 241.0% in the first quarter. Jane Street Group LLC now owns 608,218 shares of the company’s stock valued at $9,312,000 after acquiring an additional 429,851 shares during the last quarter. SG Americas Securities LLC boosted its stake in Hayward by 32.8% in the second quarter. SG Americas Securities LLC now owns 52,972 shares of the company’s stock valued at $652,000 after acquiring an additional 13,091 shares in the last quarter. Diversified Trust Co grew its holdings in shares of Hayward by 4.4% during the second quarter. Diversified Trust Co now owns 54,470 shares of the company’s stock worth $670,000 after purchasing an additional 2,289 shares during the last quarter. Finally, Raymond James & Associates lifted its holdings in shares of Hayward by 2.8% in the 2nd quarter. Raymond James & Associates now owns 99,981 shares of the company’s stock valued at $1,230,000 after purchasing an additional 2,746 shares during the last quarter.

Analyst Ratings Changes

HAYW has been the topic of several research analyst reports. The Goldman Sachs Group lifted their price target on Hayward from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Stifel Nicolaus lifted their target price on shares of Hayward from $15.50 to $16.00 and gave the company a “hold” rating in a report on Monday, October 28th. KeyCorp increased their price target on shares of Hayward from $17.00 to $18.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. Finally, Robert W. Baird lifted their price objective on shares of Hayward from $19.00 to $20.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Hayward presently has an average rating of “Hold” and an average target price of $16.80.

Insider Buying and Selling at Hayward

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

Hayward Price Performance

Hayward stock opened at $16.15 on Friday. The company has a market cap of $3.48 billion, a P/E ratio of 38.44, a price-to-earnings-growth ratio of 2.27 and a beta of 1.19. Hayward Holdings, Inc. has a one year low of $11.55 and a one year high of $16.87. The business has a fifty day moving average of $15.52 and a two-hundred day moving average of $14.36. 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 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. As a group, analysts predict that Hayward Holdings, Inc. will post 0.61 earnings per share for the current fiscal 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.