Pinestone Asset Management Reduces $7M in Hayward Holdings, Inc. ($HAYW)
Pinestone Asset Management slashed its Hayward Holdings position by 82%, now holding 103,168 shares.
Key Points
- Pinestone Asset Management reduced its stake in Hayward Holdings by 82%, now holding 103,168 shares valued at $1.51 million.
- Hayward Holdings, trading at $14.61, has a market cap of $3.17 billion and a P/E ratio of 20.01.
- Analysts maintain mixed views with price targets ranging from $15 to $19.5, reflecting varied expectations.
Pinestone Asset Management recently slashed its stake in Hayward Holdings, Inc. (NYSE: HAYW) by a substantial 82%. The firm now holds 103,168 shares, down from 595,200 previously. This reduction leaves the investment valued at about $1.51 million, according to the latest 13F filing with the SEC, which reflects holdings as of the end of the reporting period.
What Changed in Pinestone Asset Management's Hayward Holdings Position
Pinestone Asset Management cut its position in Hayward Holdings significantly, reducing its shares by 492,032, or 82.67%. The firm now owns 103,168 shares, valued at approximately $1.51 million. This marks a notable reduction in its investment in the company.
Other Institutional Activity in Hayward Holdings
In other institutional moves, BlackRock, Inc. boosted its holdings in Hayward Holdings, adding 501,989 shares to reach a total of 23,998,090 shares, worth around $321.1 million. Meanwhile, JPMorgan Chase & Co. trimmed its position by 208,061 shares, now holding 11,703,916 shares valued at about $153.6 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both took on new positions, acquiring 10,347,933 and 9,252,807 shares, respectively. Fiduciary Management Inc /WI/ reduced its stake by 350,906 shares, leaving it with 8,738,960 shares worth approximately $116.9 million.
Hayward Holdings Stock Snapshot
Shares of Hayward Holdings traded around $14.61. The company has a market capitalization of approximately $3.17 billion and a P/E ratio of 20.01. Its forward P/E is estimated at 15.28. The stock's 52-week range is between $12.93 and $17.73, with a 50-day moving average of $14.41 and a 200-day moving average of $15.33. Hayward Holdings also maintains a current ratio of 3.26 and a quick ratio of 2.29, with a debt-to-equity ratio of 62.84.
Recent Earnings
In its recent earnings report, Hayward Holdings posted revenue of $1.15 billion, reflecting a growth rate of 11.5%. The company achieved a net margin of 13.98% and a return on equity of 10.53%. Its earnings per share stood at $0.73. The next earnings release is scheduled for July 28, 2026.
Insider Buying and Selling at Hayward Holdings, Inc.
Recent insider activity at Hayward Holdings included several transactions. On June 6, 2026, Susan Canning, Senior Vice President and Chief Legal Officer, acquired 71,074 shares. On June 1, 2026, Kevin Holleran, President and CEO, executed multiple planned transactions, selling 52,389 shares at an average price of $13.79. Stephen Felice and Arthur Soucy also bought 16,094 and 10,608 shares, respectively, on May 21, 2026.
Analysts Set New Price Targets
Analysts have varied opinions on Hayward Holdings. On April 20, 2026, B of A Securities maintained a 'buy' rating with an $18.00 price target. Jefferies assumed coverage with a 'hold' rating and a $15.00 target on March 31, 2026. Stifel reiterated its 'buy' rating with a $19.50 target on February 26, 2026. The consensus target price among analysts is $17.31.
About Hayward Holdings
Hayward Holdings, Inc. is a leading designer and manufacturer of pool equipment and automation systems, servicing North America, Europe, and other international markets. The company's product lineup includes pumps, filters, cleaners, heaters, and LED lighting solutions. Headquartered in Charlotte, North Carolina, Hayward was founded in 1925 and employs about 1,960 people. Mr. Kevin P. Holleran serves as the CEO.
Bottom Line
Pinestone Asset Management's recent reduction in its Hayward Holdings stake is a significant move, cutting its position by over 80%. Investors keep a close eye on such filings to gauge institutional sentiment, although these backward-looking reports may not represent current positions. Hayward Holdings continues to attract varied institutional interest and analyst opinions, reflecting diverse expectations for its market performance.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
