Everence Capital Management Inc. Buys Shares of 12,720 Hayward Holdings, Inc. (NYSE:HAYW)

Everence Capital Management Inc. bought a new stake in Hayward Holdings, Inc. (NYSE:HAYW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,720 shares of the company’s stock, valued at approximately $173,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Public Sector Pension Investment Board bought a new stake in shares of Hayward during the 3rd quarter worth about $2,202,000. WCM Investment Management LLC boosted its stake in shares of Hayward by 11.2% during the 4th quarter. WCM Investment Management LLC now owns 2,129,882 shares of the company’s stock worth $29,179,000 after acquiring an additional 214,991 shares in the last quarter. Landscape Capital Management L.L.C. bought a new stake in shares of Hayward during the 3rd quarter worth about $1,177,000. Barclays PLC boosted its stake in shares of Hayward by 61.6% during the 3rd quarter. Barclays PLC now owns 128,810 shares of the company’s stock worth $1,817,000 after acquiring an additional 49,110 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in shares of Hayward by 216.9% during the 3rd quarter. Rhumbline Advisers now owns 335,927 shares of the company’s stock worth $4,737,000 after acquiring an additional 229,926 shares in the last quarter.

Insider Buying and Selling at Hayward

In other Hayward news, CEO Kevin Holleran sold 42,857 shares of the company’s stock in a transaction that occurred on Wednesday, April 17th. The stock was sold at an average price of $13.34, for a total value of $571,712.38. Following the completion of the transaction, the chief executive officer now owns 522,799 shares of the company’s stock, valued at approximately $6,974,138.66. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 3.20% of the company’s stock.

Hayward Trading Up 0.3 %

Hayward stock opened at $13.21 on Friday. The business has a 50 day moving average price of $14.03 and a two-hundred day moving average price of $12.97. The company has a quick ratio of 2.13, a current ratio of 3.02 and a debt-to-equity ratio of 0.82. The stock has a market cap of $2.84 billion, a price-to-earnings ratio of 36.70 and a beta of 1.22. Hayward Holdings, Inc. has a 12 month low of $9.80 and a 12 month high of $16.04.

Hayward (NYSE:HAYW) last posted its quarterly earnings results on Thursday, February 29th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.18 by $0.02. The firm had revenue of $278.50 million during the quarter, compared to analysts’ expectations of $271.47 million. Hayward had a return on equity of 9.55% and a net margin of 8.13%. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.10 EPS. As a group, equities analysts forecast that Hayward Holdings, Inc. will post 0.57 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on HAYW. TheStreet upgraded Hayward from a “d+” rating to a “c-” rating in a research note on Monday, January 22nd. The Goldman Sachs Group boosted their price objective on Hayward from $12.00 to $15.00 and gave the stock a “neutral” rating in a research report on Monday, March 4th. Stifel Nicolaus boosted their price objective on Hayward from $13.50 to $14.50 and gave the stock a “hold” rating in a research report on Tuesday, March 5th. Finally, Jefferies Financial Group cut Hayward from a “buy” rating to a “hold” rating and cut their price objective for the stock from $15.00 to $14.00 in a research report on Thursday, January 11th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $14.70.

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.