J. Goldman & Co LP Takes $7.77 Million Position in Heico Corporation $HEI

Key Points

• J. Goldman & Co. LP acquired 21,810 Heico shares during the second quarter, representing a position worth approximately $7.77 million. Institutional investors own 27.12% of the company.
• Heico reported strong quarterly results, with revenue up 23.1% year over year to $1.41 billion and earnings per share of $1.67, beating analysts’ $1.51 consensus estimate.
• Shares opened at $351.19, near the company’s 52-week high, while analysts maintain a “Moderate Buy” consensus and an average price target of $379.56. However, the stock’s valuation—roughly 63 times earnings—leaves limited room for disappointing results.

J. Goldman & Co LP bought a new position in shares of Heico Corporation (NYSE:HEI - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 21,810 shares of the aerospace company's stock, valued at approximately $7,769,000.

Several other large investors also recently made changes to their positions in the business. IFC & Insurance Marketing Inc. acquired a new stake in Heico during the fourth quarter valued at approximately $26,000. CBIZ Investment Advisory Services LLC grew its position in Heico by 1,000.0% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 88 shares of the aerospace company's stock worth $28,000 after buying an additional 80 shares during the last quarter. Birchwood Financial Partners Inc. bought a new position in shares of Heico in the fourth quarter valued at $32,000. Miller Capital Partners Inc. bought a new position in shares of Heico in the fourth quarter valued at $70,000. Finally, Osterweis Capital Management Inc. acquired a new stake in shares of Heico during the 2nd quarter valued at $81,000. Institutional investors own 27.12% of the company's stock.

Heico Stock Down 0.4%

Shares of Heico stock opened at $351.19 on Wednesday. The firm has a market cap of $49.05 billion, a price-to-earnings ratio of 62.71, a P/E/G ratio of 3.56 and a beta of 1.04. The stock has a 50-day simple moving average of $353.68 and a 200-day simple moving average of $321.20. Heico Corporation has a 52-week low of $256.11 and a 52-week high of $376.86. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.92 and a quick ratio of 1.36.

Heico (NYSE:HEI - Get Free Report) last released its quarterly earnings results on Tuesday, August 25th. The aerospace company reported $1.67 earnings per share for the quarter, beating analysts' consensus estimates of $1.51 by $0.16. Heico had a net margin of 16.08% and a return on equity of 17.52%. The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter last year, the firm earned $1.26 EPS. Heico's revenue for the quarter was up 23.1% on a year-over-year basis. On average, equities research analysts expect that Heico Corporation will post 6.02 earnings per share for the current fiscal year.

Heico Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were given a $0.13 dividend. This represents a yield of 7.0%. The ex-dividend date of this dividend was Wednesday, July 1st. Heico's payout ratio is currently 4.64%.

Key Stories Impacting Heico

Here are the key news stories impacting Heico this week:

• Positive Sentiment: HEICO reported record third-quarter fiscal 2026 net income of $235.4 million, or $1.67 per diluted share, up from $177.3 million, or $1.26 per share, a year earlier. Earnings exceeded the $1.51 consensus estimate by $0.16. HEICO Corporation Reports Record Net Income
• Positive Sentiment: Quarterly net income increased 33%, operating income rose 34%, and net sales grew 23% year over year, with consolidated organic sales growth reaching 14%. First-nine-month net income also climbed 31% to a record $659.4 million. HEICO Reports Record Fiscal 2026 Third-Quarter Results
• Positive Sentiment: The earnings beat was attributed to continued aerospace and defense demand, reinforcing the company’s exposure to favorable end markets. HEICO Beats Estimates on Aerospace and Defense Demand
• Neutral Sentiment: Additional analysis is comparing quarterly revenue, earnings, and operating metrics with Wall Street expectations and year-ago results; the headline results confirm broad-based strength but do not indicate a new company forecast or major strategic announcement. HEICO Q3 Earnings Key Metrics
• Negative Sentiment: At roughly 63 times earnings and near its 12-month high, HEICO’s valuation leaves limited room for disappointment. The muted reaction may reflect profit-taking or investor concern that strong results were already priced into HEI.

Insider Activity at Heico

In related news, CAO Bradley K. Rowen sold 1,326 shares of the business's stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $241.63, for a total transaction of $320,401.38. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 4.86% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

HEI has been the subject of several analyst reports. Wall Street Zen downgraded Heico from a "buy" rating to a "hold" rating in a report on Sunday. Jefferies Financial Group restated a "buy" rating and set a $425.00 price objective on shares of Heico in a report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft set a $421.00 price objective on shares of Heico and gave the company a "buy" rating in a research note on Wednesday, August 19th. Susquehanna raised their target price on shares of Heico from $321.00 to $365.00 and gave the stock a "neutral" rating in a report on Friday, May 29th. Finally, Rothschild & Co Redburn set a $360.00 target price on shares of Heico and gave the stock a "buy" rating in a research report on Wednesday, May 13th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $379.56.

Heico 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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