Corton Capital Inc. Takes Position in Helen of Troy Limited $HELE

Corton Capital Inc. purchased a new stake in shares of Helen of Troy Limited (NASDAQ:HELE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 10,201 shares of the company’s stock, valued at approximately $290,000.

Several other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC grew its stake in Helen of Troy by 71.1% in the second quarter. Signaturefd LLC now owns 1,429 shares of the company’s stock valued at $41,000 after purchasing an additional 594 shares during the last quarter. Parallel Advisors LLC grew its stake in Helen of Troy by 2,820.0% in the second quarter. Parallel Advisors LLC now owns 1,752 shares of the company’s stock valued at $50,000 after purchasing an additional 1,692 shares during the last quarter. IMA Advisory Services Inc. purchased a new position in Helen of Troy in the first quarter valued at about $52,000. State of Wyoming grew its stake in Helen of Troy by 137.8% in the first quarter. State of Wyoming now owns 1,936 shares of the company’s stock valued at $104,000 after purchasing an additional 1,122 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake in Helen of Troy by 774.7% in the second quarter. GAMMA Investing LLC now owns 6,114 shares of the company’s stock valued at $174,000 after purchasing an additional 5,415 shares during the last quarter.

Wall Street Analyst Weigh In

Several research firms have issued reports on HELE. Canaccord Genuity Group cut their target price on Helen of Troy from $26.00 to $23.00 and set a “hold” rating on the stock in a research note on Friday, October 10th. Zacks Research lowered Helen of Troy from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. Weiss Ratings restated a “sell (d-)” rating on shares of Helen of Troy in a research note on Saturday, September 27th. Finally, UBS Group dropped their price target on Helen of Troy from $27.00 to $25.00 and set a “neutral” rating on the stock in a research note on Friday, October 10th. Three investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Helen of Troy presently has an average rating of “Reduce” and a consensus target price of $42.00.

Helen of Troy Trading Down 2.6%

Shares of NASDAQ:HELE opened at $18.63 on Monday. Helen of Troy Limited has a 12-month low of $18.33 and a 12-month high of $75.68. The company has a market capitalization of $429.03 million, a PE ratio of -0.65 and a beta of 0.84. The business has a 50 day moving average of $22.98 and a two-hundred day moving average of $25.41. The company has a current ratio of 1.71, a quick ratio of 0.74 and a debt-to-equity ratio of 0.94.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings results on Thursday, October 9th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.05. Helen of Troy had a positive return on equity of 8.72% and a negative net margin of 36.20%.The company had revenue of $431.78 million during the quarter, compared to the consensus estimate of $416.77 million. During the same period in the previous year, the company posted $1.21 earnings per share. Helen of Troy’s revenue for the quarter was down 8.9% on a year-over-year basis. Helen of Troy has set its FY 2026 guidance at 3.750-4.25 EPS. Q3 2026 guidance at 1.550-1.800 EPS. As a group, analysts forecast that Helen of Troy Limited will post 6.46 EPS for the current year.

About Helen of Troy

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.