What is Zacks Research’s Estimate for HEICO Q3 Earnings?

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

Several other equities analysts have also commented on HEI. UBS Group started coverage on HEICO in a research report on Tuesday, October 15th. They set a “neutral” rating and a $277.00 price objective for the company. Benchmark reissued a “buy” rating and set a $245.00 price objective on shares of HEICO in a research note on Tuesday, August 27th. Stifel Nicolaus raised their target price on shares of HEICO from $250.00 to $280.00 and gave the company a “buy” rating in a research note on Tuesday, August 27th. Bank of America lifted their target price on shares of HEICO from $250.00 to $285.00 and gave the company a “buy” rating in a report on Thursday, September 19th. Finally, Morgan Stanley upped their price target on HEICO from $245.00 to $265.00 and gave the stock an “equal weight” rating in a research note on Friday, October 18th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $270.20.

HEICO Trading Up 0.5 %

NYSE:HEI opened at $238.94 on Friday. The company has a 50-day moving average price of $261.76 and a 200-day moving average price of $247.67. The stock has a market cap of $33.12 billion, a price-to-earnings ratio of 70.07, a P/E/G ratio of 3.14 and a beta of 1.24. The company has a current ratio of 3.30, a quick ratio of 1.47 and a debt-to-equity ratio of 0.63. HEICO has a 12 month low of $169.70 and a 12 month high of $283.60.

HEICO (NYSE:HEI) last posted its quarterly earnings results on Tuesday, December 17th. The aerospace company reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.02. The company had revenue of $1.01 billion during 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 firm’s revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.74 EPS.

Institutional Investors Weigh In On HEICO

Large investors have recently made changes to their positions in the stock. Two Sigma Advisers LP boosted its position in HEICO by 3.7% during the third quarter. Two Sigma Advisers LP now owns 362,878 shares of the aerospace company’s stock worth $94,885,000 after purchasing an additional 13,100 shares in the last quarter. Driehaus Capital Management LLC grew its stake in HEICO by 66.0% in the 2nd quarter. Driehaus Capital Management LLC now owns 193,895 shares of the aerospace company’s stock valued at $43,357,000 after acquiring an additional 77,067 shares during the period. AdvisorShares Investments LLC increased its holdings in HEICO by 7.4% in the 2nd quarter. AdvisorShares Investments LLC now owns 32,593 shares of the aerospace company’s stock worth $7,190,000 after acquiring an additional 2,244 shares in the last quarter. Bright Rock Capital Management LLC acquired a new position in HEICO during the third quarter worth $1,830,000. Finally, Seven Eight Capital LP purchased a new position in HEICO during the second quarter valued at $423,000. 27.12% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Laurans A. Mendelson purchased 725 shares of the stock in a transaction dated Friday, October 18th. The shares were acquired at an average cost of $262.94 per share, for a total transaction of $190,631.50. Following the acquisition, the chief executive officer now owns 929,984 shares of the company’s stock, valued at approximately $244,529,992.96. This represents a 0.08 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Alan Schriesheim purchased 724 shares of HEICO stock in a transaction dated Friday, October 18th. The shares were acquired at an average cost of $262.94 per share, for a total transaction of $190,368.56. Following the completion of the transaction, the director now owns 174,878 shares of the company’s stock, valued at approximately $45,982,421.32. This represents a 0.42 % increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 2,175 shares of company stock valued at $571,895. 8.10% of the stock is currently owned by insiders.

HEICO Dividend Announcement

The firm also recently announced a semi-annual dividend, which will be paid on Friday, January 17th. Shareholders 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 dividend payout ratio (DPR) is presently 6.45%.

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. 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.