Zacks Research Issues Negative Estimate for HEICO Earnings

HEICO Co. (NYSE:HEI) – Investment analysts at Zacks Research cut their Q3 2026 earnings estimates for shares of HEICO in a research report issued on Tuesday, December 17th. Zacks Research analyst R. Department now anticipates that the aerospace company will post earnings of $1.13 per share for the quarter, down from their prior forecast of $1.19. The consensus estimate for HEICO’s current full-year earnings is $3.64 per share.

Several other equities research analysts have also weighed in on the company. Royal Bank of Canada increased their target price on HEICO from $250.00 to $272.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 28th. Benchmark reissued a “buy” rating and set a $245.00 target price on shares of HEICO in a research note on Tuesday, August 27th. Truist Financial raised their price target on shares of HEICO from $264.00 to $282.00 and gave the company a “buy” rating in a research note on Friday, October 18th. Bank of America lifted their price target on HEICO from $250.00 to $285.00 and gave the company a “buy” rating in a report on Thursday, September 19th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on HEICO from $271.00 to $266.00 and set a “buy” rating for the company in a report on Thursday. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $270.20.

HEICO Trading Up 0.2 %

HEICO stock opened at $237.69 on Friday. HEICO has a 1 year low of $169.70 and a 1 year high of $283.60. The firm’s 50-day moving average is $261.76 and its 200-day moving average is $247.67. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.47 and a current ratio of 3.30. The company has a market cap of $32.94 billion, a P/E ratio of 69.70, a PEG ratio of 3.14 and a beta of 1.24.

HEICO (NYSE:HEI) last announced its quarterly earnings data on Tuesday, December 17th. The aerospace company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.02. HEICO had a return on equity of 14.51% and a net margin of 12.64%. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.03 billion. During the same quarter in the prior year, the firm posted $0.74 earnings per share. HEICO’s revenue for the quarter was up 8.2% compared to the same quarter last year.

Institutional Investors Weigh In On HEICO

A number of institutional investors have recently added to or reduced their stakes in HEI. AGF Management Ltd. grew its position in HEICO by 61.7% during the 2nd quarter. AGF Management Ltd. now owns 949,945 shares of the aerospace company’s stock worth $212,417,000 after acquiring an additional 362,625 shares during the last quarter. EULAV Asset Management boosted its holdings in HEICO by 5.0% in the third quarter. EULAV Asset Management now owns 402,193 shares of the aerospace company’s stock valued at $105,165,000 after acquiring an additional 19,200 shares during the last quarter. Two Sigma Advisers LP boosted its stake in shares of HEICO by 3.7% in the 3rd quarter. Two Sigma Advisers LP now owns 362,878 shares of the aerospace company’s stock valued at $94,885,000 after purchasing an additional 13,100 shares during the last quarter. Driehaus Capital Management LLC boosted its stake in HEICO by 66.0% in the second quarter. Driehaus Capital Management LLC now owns 193,895 shares of the aerospace company’s stock valued at $43,357,000 after acquiring an additional 77,067 shares during the last quarter. Finally, Vantage Investment Partners LLC grew its stake in shares of HEICO by 1.4% during the third quarter. Vantage Investment Partners LLC now owns 122,430 shares of the aerospace company’s stock worth $32,013,000 after purchasing an additional 1,717 shares during the period. 27.12% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Laurans A. Mendelson purchased 725 shares of HEICO stock in a transaction on Friday, October 18th. The stock was bought at an average price of $262.94 per share, with a total value of $190,631.50. Following the completion of the transaction, the chief executive officer now directly owns 929,984 shares of the company’s stock, valued at approximately $244,529,992.96. This represents a 0.08 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Alan Schriesheim sold 332 shares of the business’s stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $201.63, for a total value of $66,941.16. The disclosure for this sale can be found here. In the last ninety days, insiders acquired 2,175 shares of company stock valued at $571,895. Corporate insiders own 8.10% of the company’s stock.

HEICO Dividend Announcement

The firm also recently declared a semi-annual dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, January 3rd will be issued a dividend of $0.11 per share. The ex-dividend date of this dividend is Friday, January 3rd. This represents a dividend yield of 0.1%. HEICO’s dividend payout ratio is 6.45%.

HEICO Company Profile

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. Its Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components.