HEICO (NYSE:HEI.A) Hits New 1-Year High - What's Next?

HEICO Co. (NYSE:HEI.A - Get Free Report)'s share price reached a new 52-week high on Monday . The company traded as high as $239.50 and last traded at $238.82, with a volume of 27936 shares trading hands. The stock had previously closed at $238.79.

HEICO Trading Down 0.6%

The company has a market cap of $33.02 billion, a P/E ratio of 64.84 and a beta of 1.09. The business's 50-day moving average price is $213.61 and its 200 day moving average price is $201.27. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.34 and a current ratio of 3.11.

HEICO (NYSE:HEI.A - Get Free Report) last released its quarterly earnings data on Tuesday, May 27th. The company reported $1.12 earnings per share (EPS) for the quarter. The firm had revenue of $1.10 billion for the quarter. HEICO had a return on equity of 14.63% and a net margin of 13.33%.

HEICO Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st will be given a dividend of $0.12 per share. The ex-dividend date is Tuesday, July 1st. This is an increase from HEICO's previous semi-annual dividend of $0.11. This represents a yield of 0.1%. HEICO's dividend payout ratio (DPR) is 5.61%.

Insider Transactions at HEICO

In other HEICO news, Director Alan Schriesheim sold 50,000 shares of the business's stock in a transaction dated Tuesday, April 22nd. The shares were sold at an average price of $239.57, for a total value of $11,978,500.00. Following the completion of the sale, the director now owns 157,197 shares of the company's stock, valued at $37,659,685.29. The trade was a 24.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Julie Neitzel sold 700 shares of the firm's stock in a transaction on Thursday, April 24th. The stock was sold at an average price of $246.23, for a total value of $172,361.00. Following the transaction, the director now owns 418 shares in the company, valued at approximately $102,924.14. This trade represents a 62.61% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 86,056 shares of company stock worth $22,699,941. Company insiders own 9.76% of the company's stock.

HEICO Company Profile

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.