Innealta Capital LLC Buys New Stake in Hayward Holdings, Inc. (NYSE:HAYW)

Innealta Capital LLC purchased a new stake in shares of Hayward Holdings, Inc. (NYSE:HAYW) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,415 shares of the company’s stock, valued at approximately $30,000.

Several other institutional investors have also bought and sold shares of HAYW. GAMMA Investing LLC increased its holdings in shares of Hayward by 178.5% in the 1st quarter. GAMMA Investing LLC now owns 2,674 shares of the company’s stock worth $41,000 after buying an additional 1,714 shares during the last quarter. Moody National Bank Trust Division bought a new stake in Hayward during the first quarter worth approximately $164,000. Quadrature Capital Ltd purchased a new stake in Hayward during the fourth quarter valued at approximately $179,000. Oak Thistle LLC bought a new stake in shares of Hayward in the 1st quarter valued at approximately $181,000. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Hayward by 24.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 16,691 shares of the company’s stock worth $227,000 after purchasing an additional 3,253 shares during the period.

Analyst Upgrades and Downgrades

HAYW has been the topic of several recent research reports. The Goldman Sachs Group decreased their price target on Hayward from $15.00 to $13.00 and set a “neutral” rating on the stock in a report on Tuesday, July 2nd. KeyCorp lowered their target price 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. Stifel Nicolaus upped their price target on shares of Hayward from $15.00 to $15.50 and gave the company a “hold” rating in a report on Friday. Finally, Robert W. Baird raised their price objective on shares of Hayward from $16.00 to $19.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 31st. Four 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 currently has an average rating of “Hold” and an average price target of $15.50.

Hayward Trading Up 1.1 %

HAYW stock opened at $14.84 on Friday. Hayward Holdings, Inc. has a 12 month low of $9.80 and a 12 month high of $16.04. The firm’s 50-day moving average is $13.46 and its 200 day moving average is $13.83. The company has a market capitalization of $3.19 billion, a PE ratio of 41.21, a P/E/G ratio of 2.40 and a beta of 1.21. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.59 and a quick ratio of 2.34.

Hayward (NYSE:HAYW) last issued its earnings results on Tuesday, July 30th. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. The business had revenue of $284.39 million for 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%. The company’s quarterly revenue was up .3% compared to the same quarter last year. During the same period last year, the company posted $0.19 earnings per share. On average, research analysts anticipate that Hayward Holdings, Inc. will post 0.58 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Kevin Holleran sold 42,857 shares of the firm’s stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $13.96, for a total transaction of $598,283.72. Following the transaction, the chief executive officer now owns 522,799 shares in the company, valued at $7,298,274.04. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Hayward news, CEO Kevin Holleran sold 42,857 shares of the firm’s stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $13.96, for a total transaction of $598,283.72. Following the transaction, the chief executive officer now owns 522,799 shares of the company’s stock, valued at approximately $7,298,274.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Susan M. Canning sold 5,028 shares of the company’s stock in a transaction that occurred on Tuesday, July 16th. The stock was sold at an average price of $14.00, for a total transaction of $70,392.00. Following the completion of the sale, the senior vice president now directly owns 67,904 shares of the company’s stock, valued at approximately $950,656. The disclosure for this sale can be found here. In the last ninety days, insiders sold 133,599 shares of company stock worth $1,772,672. 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.