Hayward Holdings, Inc. (NYSE:HAYW) Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. increased its stake in Hayward Holdings, Inc. (NYSE:HAYW – Free Report) by 4.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,090,726 shares of the company’s stock after buying an additional 222,311 shares during the quarter. Victory Capital Management Inc. owned about 2.37% of Hayward worth $62,616,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Jump Financial LLC boosted its holdings in Hayward by 711.1% during the fourth quarter. Jump Financial LLC now owns 82,300 shares of the company’s stock worth $1,119,000 after purchasing an additional 72,153 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Hayward by 24.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,419,859 shares of the company’s stock worth $46,511,000 after buying an additional 662,795 shares during the last quarter. Confluence Investment Management LLC purchased a new stake in shares of Hayward in the 1st quarter worth about $3,606,000. Goldman Sachs Group Inc. grew its stake in Hayward by 24.2% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,526,677 shares of the company’s stock valued at $34,363,000 after acquiring an additional 491,971 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in Hayward by 241.0% in the 1st quarter. Jane Street Group LLC now owns 608,218 shares of the company’s stock valued at $9,312,000 after purchasing an additional 429,851 shares in the last quarter.

Hayward stock performance

Shares of HAYW stock opened at $13.95 on Monday. The company has a market cap of $3.00 billion, a price-to-earnings ratio of 38.75, a PEG ratio of 2.44 and a beta of 1.21. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.68, and a current ratio of 2.59. Hayward Holdings, Inc. has a one year low of $9.80 and a one year high of $16.04. The company’s 50-day simple moving average is $13.64, and its 200-day simple moving average is $13.88.

Hayward (NYSE:HAYW – Get Your Free Report ) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. The company had revenue of $284.39 million for the quarter, compared to analyst estimates of $282.60 million. Hayward had a return on equity of 9.66% and a net margin of 9.06%. The company’s revenue for the quarter was up 0.3% compared to the same quarter last year. In the same quarter last year, the company posted EPS of $0.19. On average, sell-side analysts predict that Hayward Holdings, Inc. it will post 0.59 EPS for the current year.

Insiders place their bets

In other news, CEO Kevin Holleran sold 42,857 shares of the company’s 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 approximately $6,341,551.87. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, SVP Susan M. Canning sold 5,028 shares of Hayward stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $14.00, for a total value of $70,392.00. Following the transaction, the senior vice president now owns 67,904 shares in the company, valued at $950,656. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available via this hyperlink. Also, CEO Kevin Holleran sold 42,857 shares of the business’s stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of $12.13, for a total value 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 disclosure for this sale can be found here. Over the last ninety days, insiders have sold 133,599 shares of company stock worth $1,786,815. Insiders own 3.25% of the company’s shares.

Analyst upgrades and downgrades

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

Check out our latest report on HAYW

About Hayward

(Free report)

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, vacuum and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water disinfectants, salt chlorine generators, safety equipment and automatic floor cleaning systems as well as LED lighting solutions.

Read more

Get news and reviews for the Hayward Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Hayward and related companies with MarketBeat.com’s FREE daily email newsletter.