Stifel analyst W. Andrew Carter has raised Hayward Holdings' (HAYW) price target from $17.50 to $18.00, a 2.86% increase, while maintaining a "Buy" rating. The revised price target reflects continued confidence in HAYW's growth potential and aligns with a positive outlook for the company. Investors should note that the current price target of $18.00 presents an optimistic view, reinforcing the analyst's faith in the stock.
Stifel analyst W. Andrew Carter has raised the price target for Hayward Holdings (HAYW) from $17.50 to $18.00, a 2.86% increase, while maintaining a "Buy" rating. This revision reflects continued confidence in the company's growth potential and aligns with a positive outlook for the future [1].
The revised price target of $18.00 underscores the analyst's optimism about Hayward's prospects. The company recently reported a Q2 profit of $0.24 EPS, surpassing analyst expectations, with revenue increasing by 5.3% year-over-year to $299.6 million. This strong performance has been driven by robust demand for the company's pool equipment and automation systems [1].
Northern Trust Corp, a significant institutional investor, increased its holdings in Hayward shares by 4.0% in the first quarter, further signaling confidence in the company's growth trajectory. Other hedge funds, including HSBC Holdings PLC and Price T Rowe Associates Inc., have also recently bolstered their positions in Hayward, indicating a positive sentiment among investors [1].
Hayward's stock performance has been relatively stable, trading down $0.22 during Wednesday's session to reach $15.56. The stock has a market cap of $3.37 billion, a P/E ratio of 26.82, and a PEG ratio of 2.41. The company's 52-week low is $11.10, and the 52-week high is $16.87 [1].
Investors should note that while the current price target of $18.00 presents an optimistic view, it is essential to consider the company's fundamentals and the broader market conditions when making investment decisions.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-hayward-holdings-inc-hayw-shares-acquired-by-northern-trust-corp-2025-09-01/
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