25,574 Shares in Heico Corporation $HEI Purchased by PFA Pension Forsikringsaktieselskab

Key Points

• PFA Pension Forsikringsaktieselskab bought a new stake of 25,574 Heico shares in Q4, valued at about $8.395 million.
• Heico beat Q4 estimates with EPS of $1.35 (vs. $1.26 expected) and reported revenue growth of 14.4% year‑over‑year; analysts project about 5.56 EPS for the current fiscal year.
• Analyst sentiment is a “Moderate Buy” with an average price target of $358.71 (1 Strong Buy, 8 Buy, 8 Hold), alongside recent mixed coverage and price‑target revisions.

PFA Pension Forsikringsaktieselskab bought a new stake in shares of Heico Corporation (NYSE:HEI - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 25,574 shares of the aerospace company's stock, valued at approximately $8,395,000.

A number of other large investors also recently added to or reduced their stakes in HEI. Mutual Advisors LLC boosted its stake in Heico by 3.8% in the 4th quarter. Mutual Advisors LLC now owns 1,181 shares of the aerospace company's stock worth $382,000 after purchasing an additional 43 shares during the period. Jennison Associates LLC raised its position in shares of Heico by 1.9% during the fourth quarter. Jennison Associates LLC now owns 88,647 shares of the aerospace company's stock valued at $28,685,000 after buying an additional 1,661 shares during the last quarter. Wendell David Associates Inc. lifted its holdings in shares of Heico by 25.7% in the fourth quarter. Wendell David Associates Inc. now owns 6,594 shares of the aerospace company's stock worth $2,134,000 after buying an additional 1,350 shares in the last quarter. Interchange Capital Partners LLC bought a new position in shares of Heico during the fourth quarter worth $228,000. Finally, Certuity LLC bought a new position in shares of Heico during the fourth quarter worth $316,000. 27.12% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Heico

In other Heico news, Director Julie Neitzel sold 676 shares of the company's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $223.00, for a total transaction of $150,748.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 4.86% of the stock is currently owned by company insiders.

Analyst Ratings Changes

HEI has been the topic of a number of research reports. Truist Financial upgraded shares of Heico to a "strong-buy" rating in a report on Friday. Wells Fargo & Company started coverage on Heico in a report on Wednesday, April 1st. They issued an "equal weight" rating and a $290.00 target price on the stock. Susquehanna started coverage on Heico in a research note on Friday, January 23rd. They set a "neutral" rating and a $385.00 price target for the company. Citigroup cut their price target on Heico from $400.00 to $323.00 and set a "buy" rating for the company in a report on Thursday, April 2nd. Finally, BNP Paribas Exane raised Heico from a "neutral" rating to an "outperform" rating in a research note on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, Heico presently has a consensus rating of "Moderate Buy" and an average price target of $358.71.

Heico Stock Performance

Shares of NYSE:HEI opened at $269.52 on Tuesday. The firm has a fifty day simple moving average of $291.99 and a two-hundred day simple moving average of $313.35. Heico Corporation has a 52 week low of $256.11 and a 52 week high of $361.69. The company has a quick ratio of 1.41, a current ratio of 3.06 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $37.60 billion, a P/E ratio of 53.26, a PEG ratio of 3.28 and a beta of 0.95.

Heico (NYSE:HEI - Get Free Report) last announced its earnings results on Wednesday, February 25th. The aerospace company reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.09. Heico had a net margin of 15.38% and a return on equity of 16.57%. The firm had revenue of $1.18 billion for the quarter, compared to analysts' expectations of $1.17 billion. During the same period in the prior year, the company earned $1.20 EPS. The business's revenue was up 14.4% compared to the same quarter last year. On average, analysts expect that Heico Corporation will post 5.56 earnings per share for the current fiscal year.

Heico Company Profile

HEICO Corporation is an aerospace, defense and electronics company that designs, manufactures, and sells a range of products and provides repair and aftermarket services. Headquartered in Hollywood, Florida, HEICO supplies replacement components, repair services and engineered systems for commercial and business aviation, military and space markets as well as for selected industrial and medical customers. The company's offerings are focused on sustaining and improving the reliability and availability of complex equipment across its end markets.

HEICO operates through two principal business areas.

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