Hayward Holdings, Inc. (NYSE:HAYW) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its holdings in Hayward Holdings, Inc. (NYSE:HAYW) by 12.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,267,404 shares of the company’s stock after buying an additional 469,124 shares during the period. Dimensional Fund Advisors LP owned 1.99% of Hayward worth $52,489,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Innealta Capital LLC acquired a new stake in shares of Hayward in the second quarter valued at about $30,000. GAMMA Investing LLC raised its position in shares of Hayward by 178.5% in the first quarter. GAMMA Investing LLC now owns 2,674 shares of the company’s stock valued at $41,000 after buying an additional 1,714 shares during the last quarter. nVerses Capital LLC acquired a new stake in shares of Hayward in the second quarter valued at about $64,000. Quest Partners LLC raised its position in shares of Hayward by 217.7% in the second quarter. Quest Partners LLC now owns 7,910 shares of the company’s stock valued at $97,000 after buying an additional 5,420 shares during the last quarter. Finally, Moody National Bank Trust Division acquired a new stake in shares of Hayward in the first quarter valued at about $164,000.

Wall Street Analyst Weigh In

HAYW has been the subject of a number of analyst reports. KeyCorp dropped their price objective on shares of Hayward from $17.00 to $16.00 and set an “overweight” rating for the company in a report on Friday, July 19th. The Goldman Sachs Group dropped their price objective on shares of Hayward from $15.00 to $13.00 and set a “neutral” rating for the company in a report on Tuesday, July 2nd. Stifel Nicolaus upped their price objective on shares of Hayward from $15.00 to $15.50 and gave the company a “hold” rating in a report on Friday, August 30th. Finally, Robert W. Baird upped their price objective on shares of Hayward from $16.00 to $19.00 and gave the company a “neutral” rating in a report on Wednesday, July 31st. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $15.50.

Insiders Place Their Bets

In other Hayward news, CEO Kevin Holleran sold 42,857 shares of the stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $12.13, for a total transaction of $519,855.41. Following the completion of the transaction, the chief executive officer now owns 522,799 shares of the company’s stock, valued at $6,341,551.87. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, CEO Kevin Holleran sold 42,857 shares of the stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $12.13, for a total transaction of $519,855.41. Following the sale, the chief executive officer now owns 522,799 shares of the company’s stock, valued at $6,341,551.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Susan M. Canning sold 5,028 shares of the stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $14.00, for a total transaction of $70,392.00. Following the sale, the senior vice president now directly owns 67,904 shares in the company, valued at approximately $950,656. The disclosure for this sale can be found here. Insiders sold a total of 133,599 shares of company stock valued at $1,786,815 over the last 90 days. 3.25% of the stock is owned by company insiders.

Hayward Trading Up 3.1 %

Shares of HAYW stock opened at $15.26 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.59 and a quick ratio of 1.68. The firm has a market cap of $3.28 billion, a PE ratio of 42.39, a price-to-earnings-growth ratio of 2.42 and a beta of 1.21. The company has a 50-day moving average of $14.17 and a two-hundred day moving average of $13.95. Hayward Holdings, Inc. has a 1-year low of $9.80 and a 1-year high of $16.04.

Hayward (NYSE:HAYW) last announced its earnings results on Tuesday, July 30th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.01. The company had revenue of $284.39 million during the quarter, compared to analyst estimates of $282.60 million. Hayward had a net margin of 9.06% and a return on equity of 9.66%. Hayward’s revenue was up .3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.19 earnings per share. On average, analysts predict that Hayward Holdings, Inc. will post 0.59 EPS for the current 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.