Hayward Holdings, Inc. (NYSE:HAYW) Shares Bought by State of Alaska Department of Revenue

State of Alaska Department of Revenue grew its stake in Hayward Holdings, Inc. (NYSE:HAYW) by 8.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 81,023 shares of the company’s stock after purchasing an additional 6,596 shares during the quarter. State of Alaska Department of Revenue’s holdings in Hayward were worth $1,242,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of HAYW. American Century Companies Inc. lifted its stake in Hayward by 13.6% during the second quarter. American Century Companies Inc. now owns 4,671,932 shares of the company’s stock worth $57,465,000 after purchasing an additional 558,227 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Hayward by 12.4% during the second quarter. Dimensional Fund Advisors LP now owns 4,267,404 shares of the company’s stock worth $52,489,000 after purchasing an additional 469,124 shares during the period. Jane Street Group LLC lifted its position in shares of Hayward by 241.0% in the 1st quarter. Jane Street Group LLC now owns 608,218 shares of the company’s stock worth $9,312,000 after buying an additional 429,851 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Hayward by 4.6% in the 2nd quarter. Victory Capital Management Inc. now owns 5,090,726 shares of the company’s stock valued at $62,616,000 after buying an additional 222,311 shares during the period. Finally, Jade Capital Advisors LLC bought a new stake in shares of Hayward during the 3rd quarter valued at about $2,301,000.

Insider Buying and Selling

In other Hayward news, 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 transaction of $612,426.53. Following the completion of the transaction, the chief executive officer now directly owns 522,799 shares of the company’s stock, valued at approximately $7,470,797.71. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.25% of the stock is owned by corporate insiders.

Hayward Trading Down 0.7 %

NYSE:HAYW opened at $16.15 on Monday. Hayward Holdings, Inc. has a 1 year low of $10.54 and a 1 year high of $16.85. The business has a fifty day moving average of $14.83 and a 200-day moving average of $14.06. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.68 and a current ratio of 2.62. The stock has a market cap of $3.48 billion, a price-to-earnings ratio of 38.45, a PEG ratio of 2.34 and a beta of 1.19.

Hayward (NYSE:HAYW) last released its quarterly earnings results on Tuesday, October 29th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The company had revenue of $227.57 million for the quarter, compared to the consensus estimate of $222.88 million. Hayward had a net margin of 9.47% and a return on equity of 9.93%. Hayward’s revenue was up 3.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.08 EPS. Equities analysts predict that Hayward Holdings, Inc. will post 0.59 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. KeyCorp raised their price target on Hayward from $17.00 to $18.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Stifel Nicolaus boosted their price target on shares of Hayward from $15.50 to $16.00 and gave the company a “hold” rating in a report on Monday, October 28th. Robert W. Baird increased their price objective on shares of Hayward from $19.00 to $20.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Finally, The Goldman Sachs Group boosted their target price 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. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, Hayward has an average rating of “Hold” and a consensus target price of $16.80.

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.