HAYW Hayward Holdings Inc

PineStone Asset Management Inc. increased its stake in Hayward Holdings, Inc. (NYSE:HAYW) by 14.2% in the third quarter, owning 595,200 shares valued at approximately $8.999 million. Despite this, company insiders have been net sellers, offloading over 200,000 shares, while analysts maintain a "Moderate Buy" consensus rating with an average price target of $18.00. The company reported strong Q3 earnings, exceeding revenue and EPS estimates.

This article discusses analyzing Hayward Holdings Inc. (NASDAQ: HAYW) using AI models to generate quantitative trading signals. It highlights a neutral near-term sentiment that could moderate mid-term weakness, an exceptional risk-reward setup, and several institutional trading strategies including position trading, momentum breakout, and risk hedging.

Hayward Holdings, Inc. (NYSE:HAYW) has received a consensus "Moderate Buy" rating from analysts, with an average 1-year target price of $18.00. While insiders have recently sold shares, the company's latest quarterly earnings exceeded expectations, reporting $0.14 EPS on $244.34 million in revenue. HAYW currently trades with a market cap of $3.45 billion and a P/E ratio of 25.65.

This article reviews the Q3 performance of several home construction materials stocks, highlighting Hayward (NYSE:HAYW) for its strong revenue beat and guidance raise. It also covers Quanex (NYSE:NX) as a top performer, along with American Woodmark (NASDAQ:AMWD), Fortune Brands (NYSE:FBIN), and Trex (NYSE:TREX), discussing their individual results and market reactions. The piece concludes with a brief market update touching on inflation, interest rates, and recent political impacts on the economy.

Norges Bank recently opened a new position in Hayward Holdings, Inc. (NYSE:HAYW), purchasing 124,213 shares valued at approximately $1.71 million. This investment represents about 0.06% ownership in the company. Hayward Holdings has also seen significant activity from other institutional investors, with several hedge funds increasing their stakes, despite recent insider selling by the CEO and CFO.

Aperture Investors LLC significantly increased its stake in Hayward Holdings, Inc. (NYSE:HAYW) by 18.1% in the second quarter, now owning 1,704,916 shares valued at approximately $23.53 million. This makes Hayward its ninth-largest holding, comprising 3.1% of its portfolio. Despite this institutional buying, internal company executives, including the CFO and CEO, have recently sold a substantial number of shares, totaling 206,713 shares worth $3.35 million in the last quarter, though insiders still hold 5.06% of the company. Analysts maintain a "Moderate Buy" consensus rating with an average target price of $18.00, and Hayward reported better-than-expected Q3 earnings and revenue.