Ieq Capital LLC Invests $3.24 Million in Helen of Troy Limited $HELE

Key Points

• Ieq Capital LLC acquired 111,437 Helen of Troy shares worth approximately $3.24 million, representing 0.48% of the company at the end of the reporting period. Several other institutional investors also initiated or increased positions.
• Analyst sentiment remains mixed, with one Strong Buy, three Hold, and one Sell rating. The consensus rating is Hold, with an average price target of $26.50.
• Helen of Troy reported quarterly EPS of $0.17, surpassing the $0.02 estimate, while revenue rose 8.2% year over year to $402.12 million. The stock opened at $28.58, near its 52-week high of $30.68.

Ieq Capital LLC purchased a new stake in Helen of Troy Limited (NASDAQ:HELE - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm purchased 111,437 shares of the company's stock, valued at approximately $3,239,000. Ieq Capital LLC owned 0.48% of Helen of Troy at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Meeder Asset Management Inc. acquired a new stake in Helen of Troy in the second quarter worth $29,000. iSAM Funds UK Ltd acquired a new position in shares of Helen of Troy in the 3rd quarter valued at $27,000. Allworth Financial LP increased its position in shares of Helen of Troy by 922.7% in the 4th quarter. Allworth Financial LP now owns 1,350 shares of the company's stock valued at $29,000 after buying an additional 1,218 shares in the last quarter. Farther Finance Advisors LLC raised its stake in Helen of Troy by 5,529.2% during the 4th quarter. Farther Finance Advisors LLC now owns 1,351 shares of the company's stock worth $29,000 after buying an additional 1,327 shares during the period. Finally, Larson Financial Group LLC raised its stake in Helen of Troy by 1,323.2% during the 3rd quarter. Larson Financial Group LLC now owns 1,352 shares of the company's stock worth $34,000 after buying an additional 1,257 shares during the period.

Analyst Upgrades and Downgrades

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

Helen of Troy Stock Down 1.7%

HELE stock opened at $28.58 on Tuesday. 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 stock has a market capitalization of $665.63 million, a P/E ratio of -1.59 and a beta of 1.31. The business has a 50-day moving average of $28.11 and a 200-day moving average of $22.94. Helen of Troy Limited has a fifty-two week low of $13.85 and a fifty-two week high of $30.68.

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

About Helen of Troy

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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