Zacks Research Has Bearish Estimate for HEICO Q3 Earnings

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

Other equities analysts have also recently issued research reports about the company. Robert W. Baird increased their target price on HEICO from $243.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, August 28th. Truist Financial lifted their target price on HEICO from $264.00 to $282.00 and gave the company a “buy” rating in a research report on Friday, October 18th. Royal Bank of Canada upped their price target on HEICO from $250.00 to $272.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 28th. Stifel Nicolaus lifted their price objective on shares of HEICO from $250.00 to $280.00 and gave the company a “buy” rating in a report on Tuesday, August 27th. Finally, Morgan Stanley raised their target price on shares of HEICO from $245.00 to $265.00 and gave the company an “equal weight” rating in a research report on Friday, October 18th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, HEICO presently has a consensus rating of “Moderate Buy” and an average price target of $270.20.

HEICO Stock Up 0.2 %

Shares of HEI stock opened at $237.69 on Friday. HEICO has a 12-month low of $169.70 and a 12-month high of $283.60. The company has a quick ratio of 1.47, a current ratio of 3.30 and a debt-to-equity ratio of 0.63. The firm has a fifty day moving average of $261.76 and a 200-day moving average of $247.67. The company has a market capitalization of $32.94 billion, a price-to-earnings ratio of 69.70, a P/E/G ratio of 3.14 and a beta of 1.24.

HEICO (NYSE:HEI) last issued 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. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1.03 billion. HEICO had a return on equity of 14.51% and a net margin of 12.64%. HEICO’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.74 EPS.

HEICO Dividend Announcement

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

Insider Transactions at HEICO

In other HEICO news, Director Alan Schriesheim sold 332 shares of the firm’s stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $201.63, for a total transaction of $66,941.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Victor H. Mendelson acquired 726 shares of HEICO stock in a transaction dated Friday, October 18th. The shares were purchased at an average price of $262.94 per share, with a total value of $190,894.44. Following the acquisition, the insider now owns 1,234,950 shares of the company’s stock, valued at approximately $324,717,753. This trade represents a 0.06 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders acquired 2,175 shares of company stock worth $571,895. 8.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On HEICO

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Two Sigma Advisers LP raised its position in shares of HEICO by 3.7% in the third quarter. Two Sigma Advisers LP now owns 362,878 shares of the aerospace company’s stock valued at $94,885,000 after buying an additional 13,100 shares in the last quarter. Driehaus Capital Management LLC grew its holdings in shares of HEICO by 66.0% during the 2nd quarter. Driehaus Capital Management LLC now owns 193,895 shares of the aerospace company’s stock worth $43,357,000 after purchasing an additional 77,067 shares in the last quarter. AdvisorShares Investments LLC increased its position in shares of HEICO by 7.4% in the second quarter. AdvisorShares Investments LLC now owns 32,593 shares of the aerospace company’s stock worth $7,190,000 after purchasing an additional 2,244 shares during the period. Bright Rock Capital Management LLC acquired a new position in HEICO in the third quarter valued at about $1,830,000. Finally, Seven Eight Capital LP bought a new stake in HEICO during the second quarter worth about $423,000. Institutional investors and hedge funds own 27.12% of the company’s stock.

About HEICO

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.