Dimensional Fund Advisors LP Sells 201,859 Shares of Helen of Troy Limited $HELE

Key Points

• Dimensional Fund Advisors cut its Helen of Troy stake by 28.8%, selling 201,859 shares and retaining 498,745 shares valued at approximately $7.2 million.
• Helen of Troy reported quarterly revenue of $402.1 million and EPS of $0.17, beating analyst estimates, while revenue increased 8.2% year over year despite a net loss margin of 22.7%.
• Shares opened at $29.21, near their 52-week high, while analysts maintained a consensus “Hold” rating with an average price target of $26.50.

Dimensional Fund Advisors LP decreased its stake in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 28.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 498,745 shares of the company's stock after selling 201,859 shares during the period. Dimensional Fund Advisors LP owned 2.14% of Helen of Troy worth $7,192,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. RWWM Inc. lifted its stake in Helen of Troy by 85.7% in the first quarter. RWWM Inc. now owns 1,173,829 shares of the company's stock valued at $16,927,000 after acquiring an additional 541,689 shares during the last quarter. Millennium Management LLC raised its holdings in shares of Helen of Troy by 164.9% in the 4th quarter. Millennium Management LLC now owns 1,049,381 shares of the company's stock valued at $22,299,000 after purchasing an additional 653,300 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Helen of Troy by 24.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 881,344 shares of the company's stock valued at $18,729,000 after purchasing an additional 175,696 shares during the period. Wellington Management Group LLP lifted its stake in Helen of Troy by 159.2% in the 3rd quarter. Wellington Management Group LLP now owns 747,220 shares of the company's stock valued at $18,830,000 after purchasing an additional 458,979 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in Helen of Troy by 46.4% during the third quarter. Ameriprise Financial Inc. now owns 658,928 shares of the company's stock worth $16,605,000 after purchasing an additional 208,850 shares during the period.

Helen of Troy Trading Down 1.9%

Shares of Helen of Troy stock opened at $29.21 on Tuesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.81 and a current ratio of 1.78. The firm has a 50-day moving average of $27.70 and a 200-day moving average of $22.15. Helen of Troy Limited has a 52-week low of $13.85 and a 52-week high of $30.68. The stock has a market cap of $680.30 million, a PE ratio of -1.62 and a beta of 1.31.

Helen of Troy (NASDAQ:HELE - Get Free Report) last issued its quarterly earnings data on Wednesday, July 8th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.15. Helen of Troy had a negative net margin of 22.70% and a positive return on equity of 6.46%. The business had revenue of $402.12 million during the quarter, compared to analysts' expectations of $374.55 million. During the same quarter in the previous year, the company earned $0.41 EPS. The business's revenue was up 8.2% on a year-over-year basis. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. As a group, sell-side analysts forecast that Helen of Troy Limited will post 2.84 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on HELE shares. UBS Group upped their price objective on Helen of Troy from $25.00 to $28.00 and gave the company a "neutral" rating in a research note on Thursday, July 9th. Weiss Ratings downgraded Helen of Troy from a "sell (d)" rating to a "sell (d-)" rating in a research note on Tuesday, July 21st. Canaccord Genuity Group increased their price target on Helen of Troy from $23.00 to $25.00 and gave the company a "hold" rating in a research note on Thursday, July 9th. Zacks Research downgraded Helen of Troy from a "strong-buy" rating to a "hold" rating in a report on Monday, July 6th. Finally, Wall Street Zen raised shares of Helen of Troy from a "hold" rating to a "strong-buy" rating in a research report on Sunday, July 12th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Helen of Troy currently has a consensus rating of "Hold" and a consensus target price of $26.50.

Helen of Troy Profile

Helen of Troy Limited is a global consumer products company that designs, sources and markets a diversified portfolio of household, health and beauty brands. Headquartered in El Paso, Texas, the company operates through three principal segments—Health & Home, Housewares and Beauty—offering products under well-known names including OXO, Vicks, Braun, Honeywell Home, PUR and Hot Tools. Helen of Troy distributes its products through a combination of mass, specialty and e-commerce channels to consumers, retailers and distributors worldwide.

The Housewares segment features kitchen tools, gadgets and organizational solutions marketed primarily under the OXO brand, recognized for its ergonomic “Good Grips” design.

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