Hayward Holdings, Inc. (NYSE:HAYW) Stock Position Lifted by Ieq Capital LLC

Ieq Capital LLC lifted its holdings in Hayward Holdings, Inc. (NYSE:HAYW) by 1,366.9% in the 4th quarter, HoldingsChannel reports. The firm owned 295,991 shares of the company’s stock after purchasing an additional 275,813 shares during the quarter. Ieq Capital LLC’s holdings in Hayward were worth $4,526,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Blue Trust Inc. boosted its stake in Hayward by 2,710.1% during the third quarter. Blue Trust Inc. now owns 2,220 shares of the company’s stock valued at $34,000 after buying an additional 2,141 shares in the last quarter. Louisiana State Employees Retirement System boosted its stake in Hayward by 7.5% during the third quarter. Louisiana State Employees Retirement System now owns 68,600 shares of the company’s stock valued at $1,052,000 after buying an additional 4,800 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in Hayward during the third quarter valued at about $426,000. State of Alaska Department of Revenue boosted its stake in Hayward by 8.9% during the third quarter. State of Alaska Department of Revenue now owns 81,023 shares of the company’s stock valued at $1,242,000 after buying an additional 6,596 shares in the last quarter. Finally, Pallas Capital Advisors LLC bought a new position in Hayward during the third quarter valued at about $202,000.

Analysts Set New Price Targets

Several research analysts recently weighed in on HAYW shares. The Goldman Sachs Group raised their target price on Hayward from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Stifel Nicolaus raised Hayward from a “hold” rating to a “buy” rating and set a $16.50 target price for the company in a research note on Wednesday, February 5th. 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 note on Wednesday, October 30th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Hayward in a research report on Monday, January 6th.

Hayward Trading Down 1.2 %

NYSE:HAYW opened at $14.27 on Friday. The company has a quick ratio of 1.69, a current ratio of 2.62 and a debt-to-equity ratio of 0.70. Hayward Holdings, Inc. has a 1-year low of $11.96 and a 1-year high of $16.87. The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of 33.96, a price-to-earnings-growth ratio of 1.90 and a beta of 1.16. The stock has a fifty day simple moving average of $14.92 and a 200 day simple moving average of $15.06.

Insider Activity at Hayward

In related news, CEO Kevin Holleran sold 50,000 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $14.52, for a total value of $726,000.00. Following the completion of the sale, the chief executive officer now directly owns 522,799 shares of the company’s stock, valued at approximately $7,591,041.48. This represents a 8.73 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.25% of the stock is currently owned by corporate insiders.

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.