Empowered Funds LLC Invests $1.69 Million in Helen of Troy Limited $HELE

Key Points

• Empowered Funds LLC initiated a $1.69 million position in Helen of Troy, purchasing 58,005 shares, or approximately 0.25% of the company.
• Analyst sentiment remains mixed but averages a “Hold” rating, with one Strong Buy, three Holds and one Sell; the average price target is $26.50.
• Helen of Troy reported quarterly EPS of $0.17, beating estimates by $0.15, while revenue rose 8.2% year over year to $402.12 million. Shares opened at $28.18, compared with a 52-week range of $13.85 to $30.68.

Empowered Funds LLC bought a new position in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 58,005 shares of the company's stock, valued at approximately $1,686,000. Empowered Funds LLC owned 0.25% of Helen of Troy at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in HELE. Meeder Asset Management Inc. purchased a new stake in Helen of Troy in the 2nd quarter worth $29,000. iSAM Funds UK Ltd bought a new stake in Helen of Troy during the third quarter valued at about $27,000. Allworth Financial LP lifted its position in shares of Helen of Troy by 922.7% in the fourth quarter. Allworth Financial LP now owns 1,350 shares of the company's stock valued at $29,000 after acquiring an additional 1,218 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Helen of Troy by 5,529.2% in the fourth quarter. Farther Finance Advisors LLC now owns 1,351 shares of the company's stock valued at $29,000 after acquiring an additional 1,327 shares in the last quarter. Finally, Larson Financial Group LLC boosted its stake in shares of Helen of Troy by 1,323.2% in the third quarter. Larson Financial Group LLC now owns 1,352 shares of the company's stock worth $34,000 after acquiring an additional 1,257 shares during the period.

Analyst Ratings Changes

Several analysts recently issued reports on HELE shares. UBS Group increased their target price on Helen of Troy from $25.00 to $28.00 and gave the stock a "neutral" rating in a research report on Thursday, July 9th. Canaccord Genuity Group boosted their price target on Helen of Troy from $23.00 to $25.00 and gave the stock a "hold" rating in a report 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. Zacks Research lowered shares of Helen of Troy from a "strong-buy" rating to a "hold" rating in a report on Monday, July 6th. Finally, Wall Street Zen upgraded shares of Helen of Troy from a "hold" rating to a "strong-buy" rating in a research report on Sunday, July 12th. One analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $26.50.

Helen of Troy Price Performance

NASDAQ:HELE opened at $28.18 on Friday. The firm has a market capitalization of $656.31 million, a price-to-earnings ratio of -1.57 and a beta of 1.31. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.78 and a quick ratio of 0.81. The business has a 50 day simple moving average of $28.42 and a 200-day simple moving average of $23.55. Helen of Troy Limited has a 1 year low of $13.85 and a 1 year high of $30.68.

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

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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