Rockefeller Capital Management L.P. Has $309,000 Stake in Hayward Holdings, Inc. (NYSE:HAYW)

Rockefeller Capital Management L.P. reduced its position in shares of Hayward Holdings, Inc. (NYSE:HAYW) by 3.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,140 shares of the company’s stock after selling 674 shares during the period. Rockefeller Capital Management L.P.’s holdings in Hayward were worth $309,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in HAYW. Equitable Trust Co. lifted its holdings in shares of Hayward by 2.3% during the 3rd quarter. Equitable Trust Co. now owns 33,843 shares of the company’s stock worth $519,000 after acquiring an additional 749 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Hayward by 2.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 28,642 shares of the company’s stock valued at $352,000 after buying an additional 784 shares during the last quarter. CIBC Asset Management Inc lifted its stake in shares of Hayward by 5.4% in the 3rd quarter. CIBC Asset Management Inc now owns 15,412 shares of the company’s stock valued at $236,000 after purchasing an additional 784 shares during the period. Arizona State Retirement System grew its stake in shares of Hayward by 2.2% during the second quarter. Arizona State Retirement System now owns 41,998 shares of the company’s stock worth $517,000 after purchasing an additional 887 shares during the period. Finally, Louisiana State Employees Retirement System lifted its stake in Hayward by 2.2% in the second quarter. Louisiana State Employees Retirement System now owns 63,800 shares of the company’s stock valued at $785,000 after buying an additional 1,400 shares during the period.

Insider Activity

In related news, CFO Eifion Jones sold 75,000 shares of the stock in a transaction dated Friday, November 8th. The stock was 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 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Kevin Holleran sold 100,000 shares of the business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $15.96, for a total transaction of $1,596,000.00. Following the transaction, the chief executive officer now owns 522,799 shares of the company’s stock, valued at $8,343,872.04. This trade represents a 16.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 3.25% of the company’s stock.

Hayward Stock Performance

NYSE HAYW opened at $15.97 on Wednesday. The firm’s fifty day moving average price is $15.65 and its two-hundred day moving average price is $14.41. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.69 and a current ratio of 2.62. Hayward Holdings, Inc. has a fifty-two week low of $11.81 and a fifty-two week high of $16.87. The stock has a market cap of $3.44 billion, a PE ratio of 38.01, a PEG ratio of 2.25 and a beta of 1.16.

Hayward (NYSE:HAYW) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. The firm had revenue of $227.57 million during the quarter, compared to analyst estimates of $222.88 million. Hayward had a return on equity of 9.93% and a net margin of 9.47%. The business’s quarterly revenue was up 3.3% on a year-over-year basis. During the same period last year, the company posted $0.08 EPS. On average, equities analysts expect that Hayward Holdings, Inc. will post 0.61 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

HAYW has been the topic of several recent analyst reports. Robert W. Baird lifted their price objective on Hayward from $19.00 to $20.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. KeyCorp boosted their price target on shares of Hayward from $17.00 to $18.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. The Goldman Sachs Group increased their price target on Hayward from $14.00 to $16.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Finally, Stifel Nicolaus lifted their price target on Hayward from $15.50 to $16.00 and gave the stock a “hold” rating in a report on Monday, October 28th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average 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.