19,000 Shares in Hayward Holdings, Inc. (NYSE:HAYW) Bought by Toth Financial Advisory Corp

Toth Financial Advisory Corp purchased a new stake in shares of Hayward Holdings, Inc. (NYSE:HAYW) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 19,000 shares of the company’s stock, valued at approximately $291,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HAYW. Blue Trust Inc. increased its holdings 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 purchasing 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 about $43,000. True Wealth Design LLC acquired a new stake in shares of Hayward in the third quarter valued at about $44,000. Harbor Investment Advisory LLC lifted its position in Hayward by 98.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 5,099 shares of the company’s stock worth $78,000 after acquiring an additional 2,524 shares in the last quarter. Finally, Oak Thistle LLC purchased a new position in Hayward in the 4th quarter worth approximately $162,000.

Insider Transactions at Hayward

In other news, CEO Kevin Holleran sold 100,000 shares of Hayward 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 completion of the transaction, 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 filing with the SEC, which is accessible through this hyperlink. Also, CFO Eifion Jones sold 75,000 shares of the business’s 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 sale, the chief financial officer now directly owns 258,903 shares of the company’s stock, 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 own 3.25% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on HAYW shares. The Goldman Sachs Group lifted their price objective on shares of Hayward from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. KeyCorp reiterated a “sector weight” rating on shares of Hayward in a report on Monday, January 6th. Robert W. Baird upped their price objective on shares of Hayward from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Finally, Stifel Nicolaus lifted their target price on Hayward from $15.50 to $16.00 and gave the stock a “hold” rating in a research report on Monday, October 28th.

Hayward Trading Down 0.6 %

HAYW opened at $15.09 on Friday. The stock has a market capitalization of $3.25 billion, a PE ratio of 35.92, a P/E/G ratio of 1.90 and a beta of 1.17. 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 Holdings, Inc. has a 12-month low of $11.96 and a 12-month high of $16.87. The firm’s fifty day moving average price is $15.53 and its 200 day moving average price is $14.89.

Hayward (NYSE:HAYW) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. The business had revenue of $227.57 million for the quarter, compared to analysts’ expectations of $222.88 million. Hayward had a net margin of 9.47% and a return on equity of 9.93%. The company’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.08 earnings per share. As a group, research analysts expect that Hayward Holdings, Inc. will post 0.6 EPS 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.