Analysts Set Expectations for HEICO’s Q3 Earnings (NYSE:HEI)

HEICO Co. (NYSE:HEI) – Investment analysts at Zacks Research cut their Q3 2026 earnings estimates for shares of HEICO in a report issued on Tuesday, December 17th. Zacks Research analyst R. Department now expects that the aerospace company will post earnings per share of $1.13 for the quarter, down from their prior forecast of $1.19. The consensus estimate for HEICO’s current full-year earnings is $3.64 per share.

A number of other brokerages have also recently weighed in on HEI. Benchmark restated a “buy” rating and issued a $245.00 price objective on shares of HEICO in a report on Tuesday, August 27th. UBS Group assumed coverage on HEICO in a research report on Tuesday, October 15th. They set a “neutral” rating and a $277.00 price objective on the stock. Morgan Stanley lifted their target price on HEICO from $245.00 to $265.00 and gave the company an “equal weight” rating in a report on Friday, October 18th. Truist Financial boosted their target price on HEICO from $264.00 to $282.00 and gave the stock a “buy” rating in a research note on Friday, October 18th. Finally, Royal Bank of Canada increased their price target on HEICO from $250.00 to $272.00 and gave the company an “outperform” rating in a research report on Wednesday, August 28th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $270.20.

HEICO Price Performance

HEI stock opened at $238.94 on Friday. The business’s fifty day moving average price is $261.76 and its 200 day moving average price is $247.67. HEICO has a 12-month low of $169.70 and a 12-month high of $283.60. The company has a current ratio of 3.30, a quick ratio of 1.47 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $33.12 billion, a PE ratio of 70.07, a P/E/G ratio of 3.14 and a beta of 1.24.

HEICO (NYSE:HEI) last released its quarterly earnings results on Tuesday, December 17th. The aerospace company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.97 by $0.02. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.03 billion. HEICO had a net margin of 12.64% and a return on equity of 14.51%. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.74 EPS.

HEICO Announces Dividend

The business also recently declared a semi-annual dividend, which will be paid on Friday, January 17th. Stockholders of record on Friday, January 3rd will be given a dividend of $0.11 per share. The ex-dividend date is Friday, January 3rd. This represents a dividend yield of 0.1%. HEICO’s payout ratio is 6.45%.

Insider Transactions at HEICO

In related news, insider Victor H. Mendelson purchased 726 shares of the company’s stock in a transaction on Friday, October 18th. The stock was bought at an average price of $262.94 per share, with a total value of $190,894.44. Following the completion of the transaction, the insider now owns 1,234,950 shares of the company’s stock, valued at approximately $324,717,753. This represents a 0.06 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Alan Schriesheim acquired 724 shares of HEICO stock in a transaction dated Friday, October 18th. The stock was bought at an average price of $262.94 per share, for a total transaction of $190,368.56. Following the completion of the transaction, the director now directly owns 174,878 shares of the company’s stock, valued at approximately $45,982,421.32. This represents a 0.42 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 2,175 shares of company stock valued at $571,895 in the last quarter. 8.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Andra AP fonden purchased a new stake in shares of HEICO in the second quarter valued at $45,000. Rakuten Securities Inc. acquired a new stake in HEICO in the 3rd quarter worth about $81,000. Hantz Financial Services Inc. purchased a new stake in HEICO in the 2nd quarter valued at about $100,000. Brooklyn Investment Group acquired a new position in shares of HEICO during the 3rd quarter valued at about $128,000. Finally, Global Trust Asset Management LLC purchased a new position in shares of HEICO during the 3rd quarter worth about $144,000. 27.12% of the stock is currently owned by institutional investors and hedge funds.

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.