Hayward Holdings, Inc. (NYSE:HAYW) Stock Holdings Lifted by Arizona State Retirement System

Arizona State Retirement System increased its stake in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 2.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 41,998 shares of the company’s stock after purchasing an additional 887 shares during the quarter. Arizona State Retirement System’s holdings in Hayward were worth $517,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Hayward by 8.6% in the 4th quarter. Vanguard Group Inc. now owns 14,703,702 shares of the company’s stock valued at $199,970,000 after purchasing an additional 1,166,717 shares during the period. Public Employees Retirement Association of Colorado increased its holdings in Hayward by 4,616.3% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 853,267 shares of the company’s stock valued at $11,604,000 after purchasing an additional 835,175 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Hayward by 24.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,419,859 shares of the company’s stock worth $46,511,000 after acquiring an additional 662,795 shares in the last quarter. Schroder Investment Management Group grew its holdings in shares of Hayward by 17.5% during the fourth quarter. Schroder Investment Management Group now owns 3,670,574 shares of the company’s stock worth $49,920,000 after buying an additional 546,400 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in Hayward by 24.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,526,677 shares of the company’s stock valued at $34,363,000 after purchasing an additional 491,971 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Stifel Nicolaus raised their price objective on Hayward from $15.00 to $15.50 and gave the company a “hold” rating in a research report on Friday, August 30th. The Goldman Sachs Group lowered their price objective on Hayward from $15.00 to $13.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 2nd. KeyCorp decreased their price target on Hayward from $17.00 to $16.00 and set an “overweight” rating on the stock in a research note on Friday, July 19th. Finally, Robert W. Baird lifted their price target on Hayward from $16.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, July 31st. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $15.50.

Insiders Place Their Bets

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

Hayward Stock Up 0.2 %

Shares of HAYW opened at $13.59 on Tuesday. The company has a market capitalization of $2.92 billion, a PE ratio of 37.74, a PEG ratio of 2.31 and a beta of 1.21. 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 stock’s 50-day moving average price is $13.84 and its two-hundred day moving average price is $13.91. Hayward Holdings, Inc. has a 12 month low of $9.80 and a 12 month high of $16.04.

Hayward (NYSE:HAYW) last issued its 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. Hayward had a return on equity of 9.66% and a net margin of 9.06%. The business had revenue of $284.39 million during the quarter, compared to analyst estimates of $282.60 million. During the same period in the previous year, the company posted $0.19 EPS. The firm’s revenue was up .3% compared to the same quarter last year. On average, analysts anticipate that Hayward Holdings, Inc. will post 0.59 EPS for the current year.

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.