Hayward Holdings, Inc. (NYSE:HAYW) Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group cut its stake in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 12.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,013,732 shares of the company’s stock after selling 419,593 shares during the period. Schroder Investment Management Group owned 1.40% of Hayward worth $46,050,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in HAYW. True Wealth Design LLC acquired a new position in Hayward in the third quarter valued at $44,000. Blue Trust Inc. lifted its stake in shares of Hayward by 30.2% in the 4th quarter. Blue Trust Inc. now owns 2,891 shares of the company’s stock valued at $44,000 after purchasing an additional 671 shares in the last quarter. Harbor Investment Advisory LLC grew its holdings in shares of 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 purchasing an additional 2,524 shares during the period. KBC Group NV grew its stake in Hayward by 56.2% during the fourth quarter. KBC Group NV now owns 6,343 shares of the company’s stock worth $97,000 after buying an additional 2,283 shares during the period. Finally, Pacer Advisors Inc. boosted its position in Hayward by 25.4% during the 4th quarter. Pacer Advisors Inc. now owns 10,196 shares of the company’s stock worth $156,000 after purchasing an additional 2,062 shares during the period.

Hayward Stock Performance

Shares of HAYW opened at $13.93 on Tuesday. The firm has a market cap of $3.01 billion, a price-to-earnings ratio of 33.15, a PEG ratio of 1.87 and a beta of 1.16. The business’s 50 day moving average is $14.47 and its two-hundred day moving average is $15.07. 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 52-week low of $11.96 and a 52-week high of $16.87.

Hayward (NYSE:HAYW) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. Hayward had a return on equity of 9.93% and a net margin of 9.47%. The business had revenue of $327.08 million during the quarter, compared to the consensus estimate of $302.76 million. Analysts forecast that Hayward Holdings, Inc. will post 0.6 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on HAYW shares. Stifel Nicolaus raised Hayward from a “hold” rating to a “buy” rating and set a $16.50 price target on the stock in a research report on Wednesday, February 5th. Robert W. Baird boosted their target price on shares of Hayward from $17.00 to $18.00 and gave the stock a “neutral” rating in a research report on Friday, February 28th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Hayward in a report on Monday, January 6th.

Insider Buying and Selling

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