Barclays PLC Has $1.28 Million Holdings in Hayward Holdings, Inc. (NYSE:HAYW)

Barclays PLC trimmed its position in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 38.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 83,628 shares of the company’s stock after selling 51,157 shares during the quarter. Barclays PLC’s holdings in Hayward were worth $1,283,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of HAYW. Blue Trust Inc. lifted its position in Hayward by 2,710.1% in the 3rd quarter. Blue Trust Inc. now owns 2,220 shares of the company’s stock valued at $34,000 after acquiring an additional 2,141 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in shares of Hayward in the third quarter worth approximately $43,000. True Wealth Design LLC bought a new position in shares of Hayward in the third quarter valued at approximately $44,000. Quest Partners LLC boosted its position in shares of Hayward by 217.7% during the second quarter. Quest Partners LLC now owns 7,910 shares of the company’s stock valued at $97,000 after buying an additional 5,420 shares during the last quarter. Finally, MQS Management LLC purchased a new stake in shares of Hayward in the second quarter valued at about $171,000.

Hayward Price Performance

Shares of NYSE:HAYW opened at $14.37 on Monday. The company has a 50 day moving average of $15.75 and a 200 day moving average of $14.72. The stock has a market cap of $3.10 billion, a P/E ratio of 34.21, a P/E/G ratio of 2.28 and a beta of 1.17. The company has a current ratio of 2.62, a quick ratio of 1.69 and a debt-to-equity ratio of 0.70. Hayward Holdings, Inc. has a 12 month low of $11.81 and a 12 month high of $16.87.

Hayward (NYSE:HAYW) last released its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $222.88 million. The company’s revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.08 EPS. As a group, sell-side analysts forecast that Hayward Holdings, Inc. will post 0.61 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. KeyCorp reaffirmed a “sector weight” rating on shares of Hayward in a research report on Monday, January 6th. Robert W. Baird raised their target price on Hayward from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Stifel Nicolaus lifted their price target on shares of Hayward from $15.50 to $16.00 and gave the stock a “hold” rating in a report on Monday, October 28th. Finally, The Goldman Sachs Group increased their target price on shares of Hayward from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Four research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $17.50.

Insider Activity at Hayward

In other news, CFO Eifion Jones sold 75,000 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $16.11, for a total transaction of $1,208,250.00. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Kevin Holleran sold 100,000 shares of the business’s stock in a transaction dated 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 transaction, 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 disclosure for this sale can be found here. 3.25% of the stock is currently owned by insiders.

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.