Heico (NYSE:HEI) Cut to Hold at Wall Street Zen

Wall Street Zen cut shares of Heico (NYSE:HEI) from a buy rating to a hold rating in a research note released on Sunday morning.

A number of other research analysts also recently issued reports on HEI. Zacks Research upgraded shares of Heico from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 9th. Royal Bank Of Canada raised their target price on Heico from $375.00 to $390.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Weiss Ratings raised shares of Heico from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. Wells Fargo & Company set a $350.00 target price on shares of Heico and gave the company an “equal weight” rating in a report on Monday, June 1st. Finally, UBS Group reissued a “neutral” rating and set a $390.00 target price (up from $371.00) on shares of Heico in a research note on Monday, June 1st. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Heico currently has an average rating of “Moderate Buy” and a consensus price target of $379.56.

Heico Stock Performance

Shares of HEI opened at $351.19 on Friday. The stock has a 50-day moving average of $353.68 and a two-hundred day moving average of $321.20. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.36 and a current ratio of 2.92. The stock has a market cap of $49.05 billion, a P/E ratio of 62.71, a P/E/G ratio of 3.56 and a beta of 1.04. Heico has a one year low of $256.11 and a one year high of $376.86.

Heico (NYSE:HEI) last issued its earnings results on Tuesday, August 25th. The aerospace company reported $1.67 EPS for the quarter, beating analysts’ consensus estimates of $1.51 by $0.16. Heico had a return on equity of 17.52% and a net margin of 16.08%.The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same quarter in the prior year, the firm earned $1.26 earnings per share. Heico’s revenue for the quarter was up 23.1% on a year-over-year basis. As a group, research analysts predict that Heico will post 6.02 EPS for the current year.

Heico Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.13 per share. This represents a dividend yield of 7.0%. The ex-dividend date was Wednesday, July 1st. Heico’s payout ratio is currently 4.64%.

Insider Buying and Selling at Heico

In other news, CAO Bradley K. Rowen sold 1,326 shares of the business’s stock in a transaction dated 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 legal filing with the SEC, which is available at this hyperlink. Insiders own 4.86% of the company’s stock.

Hedge Funds Weigh In On Heico

A number of institutional investors have recently bought and sold shares of HEI. Maridea Wealth Management LLC acquired a new position in Heico in the second quarter valued at about $1,128,000. Indivisible Partners acquired a new stake in shares of Heico during the fourth quarter valued at about $5,883,000. Silvant Capital Management LLC purchased a new stake in shares of Heico in the 2nd quarter valued at approximately $9,385,000. PFA Pension Forsikringsaktieselskab purchased a new stake in shares of Heico in the 4th quarter valued at approximately $8,395,000. Finally, SBI Okasan Asset Management Co.Ltd. acquired a new position in shares of Heico in the 2nd quarter worth approximately $1,262,000. 27.12% of the stock is owned by hedge funds and other institutional investors.

More Heico News

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.

Heico Company 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.