Voya owns 0% invested in Heico Corp (NYSE:HEI) for 9,447 shares. Westpac Banking Corp owned 0.08% of Heico Corporation worth $5,808,000 as of its most recent filing with the Securities and Exchange Commission.
Large investors have recently added to or reduced their stakes in the company. Riverbridge Partners LLC boosted its stake in Heico Corporation by 21.8% in the 2nd quarter. Finally, KCG Holdings Inc. purchased a new position in shares of Heico Corporation during the first quarter valued at $232,000. PNC Financial Services Group Inc. now owns 674,898 shares of the aerospace company's stock worth $48,483,000 after purchasing an additional 24,299 shares in the last quarter. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The firm purchased 28,515 shares of the aerospace company's stock, valued at approximately $2,561,000. Parkside Financial Bank & Trust grew its holdings in shares of Heico Corporation by 23.6% during the second quarter. Copeland Capital Management LLC now owns 384,041 shares of the aerospace company's stock worth $34,491,000 after buying an additional 1,108 shares during the last quarter.
Heico Corporation (NYSE HEI) traded down $0.30 during trading on Friday, reaching $90.44. The company has a current ratio of 2.89, a quick ratio of 1.39 and a debt-to-equity ratio of 0.36.
Heico Corp. has a 1-year low of $50.85 and a 1-year high of $82.37. Comerica Bank purchased a new position in shares of Heico Corporation during the second quarter valued at $209,000. The aerospace company reported $0.53 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.01. The firm had revenue of $391.50 million for the quarter, compared to analyst estimates of $390.55 million. Heico Corporation had a return on equity of 15.56% and a net margin of 12.04%. Heico Corporation's revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.56 EPS.
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In other Heico Corporation news, VP Thomas S. Irwin sold 20,000 shares of the company's stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of $76.28, for a total value of $1,525,600.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark H. Hildebrandt bought 1,316 shares of Heico Corporation stock in a transaction on Thursday, October 5th. The stock was acquired at an average cost of $76.13 per share, with a total value of $100,187.08. The disclosure for this purchase can be found here.
A number of other equities analysts also recently weighed in on the stock. Finally, Credit Suisse Group reaffirmed an "outperform" rating and set a $98.00 target price (up from $85.00) on shares of Heico Corporation in a report on Tuesday, August 29th. Zacks Investment Research lowered Heico Corporation from a "buy" rating to a "hold" rating in a research note on Tuesday, October 31st. Canaccord Genuity maintained Heico Corp (NYSE:HEI) on Thursday, August 27 with "Buy" rating. Buckingham Research downgraded the shares of SUP in report on Tuesday, March 8 to "Neutral" rating. The stock of Heico Corp (NYSE:HEI) has "Buy" rating given on Friday, August 25 by Canaccord Genuity. Heico Corporation now has a consensus rating of "Hold" and a consensus target price of $91.67.
The Company provides commercial aircraft replacement parts, aircraft accessories component fix and overhaul services for avionic, electro-mechanical, flight surface, hydraulic and pneumatic applications; distributes aircraft parts, and manufactures other critical aircraft parts. The Firm also makes various types of electronic equipment for the aviation, medical, telecommunications and electronics industries.