William Blair Issues Optimistic Estimate for HEICO Earnings

HEICO Co. (NYSE:HEI - Free Report) - William Blair lifted their FY2025 earnings estimates for HEICO in a research report issued to clients and investors on Wednesday, May 28th. William Blair analyst L. Dipalma now expects that the aerospace company will earn $4.53 per share for the year, up from their previous forecast of $4.30. William Blair has a "Outperform" rating on the stock. The consensus estimate for HEICO's current full-year earnings is $4.20 per share. William Blair also issued estimates for HEICO's FY2026 earnings at $5.08 EPS.

A number of other brokerages have also recently commented on HEI. UBS Group raised their price target on shares of HEICO from $264.00 to $306.00 and gave the stock a "neutral" rating in a research note on Thursday, May 29th. Truist Financial cut their target price on shares of HEICO from $294.00 to $277.00 and set a "buy" rating for the company in a research note on Thursday, April 17th. Wells Fargo & Company lifted their price objective on HEICO from $244.00 to $278.00 and gave the company an "equal weight" rating in a research report on Friday. Finally, Barclays lifted their price target on HEICO from $250.00 to $280.00 and gave the company an "equal weight" rating in a report on Monday. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $275.82.

HEICO Stock Down 0.3%

Shares of HEI traded down $1.03 during midday trading on Friday, reaching $299.88. 113,791 shares of the stock were exchanged, compared to its average volume of 476,122. The company has a market cap of $41.67 billion, a price-to-earnings ratio of 81.93, a P/E/G ratio of 3.10 and a beta of 1.07. The firm has a 50 day simple moving average of $261.42 and a 200-day simple moving average of $252.32. The company has a quick ratio of 1.34, a current ratio of 3.11 and a debt-to-equity ratio of 0.60. HEICO has a 12-month low of $216.68 and a 12-month high of $317.39.

HEICO (NYSE:HEI - Get Free Report) last issued its quarterly earnings results on Tuesday, May 27th. The aerospace company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.03 by $0.09. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.06 billion. HEICO had a net margin of 13.33% and a return on equity of 14.63%. The firm's quarterly revenue was up 14.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.88 EPS.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Fortress Financial Solutions LLC bought a new position in HEICO during the 4th quarter valued at approximately $263,000. EntryPoint Capital LLC bought a new position in shares of HEICO in the 4th quarter worth approximately $220,000. Fisher Asset Management LLC raised its holdings in HEICO by 19.1% in the 4th quarter. Fisher Asset Management LLC now owns 415,542 shares of the aerospace company's stock worth $98,791,000 after purchasing an additional 66,583 shares during the period. E Fund Management Co. Ltd. bought a new position in shares of HEICO in the fourth quarter worth about $428,000. Finally, EULAV Asset Management raised its stake in HEICO by 12.8% during the 4th quarter. EULAV Asset Management now owns 453,693 shares of the aerospace company's stock worth $107,861,000 after acquiring an additional 51,500 shares during the period. 27.12% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other HEICO news, Director Julie Neitzel sold 700 shares of the firm's stock in a transaction dated Thursday, April 24th. The stock was sold at an average price of $246.23, for a total value of $172,361.00. Following the completion of the transaction, the director now owns 418 shares in the company, valued at $102,924.14. This trade represents a 62.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Alan Schriesheim sold 50,000 shares of the company's stock in a transaction on Tuesday, April 22nd. The stock was sold at an average price of $239.57, for a total transaction of $11,978,500.00. Following the completion of the transaction, the director now owns 157,197 shares of the company's stock, valued at $37,659,685.29. This trade represents a 24.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. 9.55% of the stock is currently owned by corporate insiders.

About HEICO

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