Zacks Research Has Negative Outlook of HEICO Q3 Earnings

HEICO Co. (NYSE:HEI) – Stock analysts at Zacks Research decreased their Q3 2026 EPS estimates for HEICO in a research report issued to clients and investors on Tuesday, December 17th. Zacks Research analyst R. Department now expects that the aerospace company will post earnings of $1.13 per share 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.

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

A number of other research analysts have also recently issued reports on HEI. Robert W. Baird raised their price target on shares of HEICO from $243.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, August 28th. Deutsche Bank Aktiengesellschaft dropped their price target on HEICO from $271.00 to $266.00 and set a “buy” rating on the stock in a research note on Thursday. Stifel Nicolaus increased their price target on shares of HEICO from $250.00 to $280.00 and gave the stock a “buy” rating in a report on Tuesday, August 27th. Royal Bank of Canada upped their price target on shares of HEICO from $250.00 to $272.00 and gave the company an “outperform” rating in a report on Wednesday, August 28th. Finally, Benchmark reissued a “buy” rating and issued a $245.00 price objective on shares of HEICO in a report on Tuesday, August 27th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $270.20.

HEICO Price Performance

Shares of HEI stock opened at $238.94 on Friday. The firm has a market capitalization of $33.12 billion, a price-to-earnings ratio of 70.07, a PEG ratio of 3.14 and a beta of 1.24. HEICO has a fifty-two week low of $169.70 and a fifty-two week high of $283.60. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.47 and a current ratio of 3.30. The stock’s 50-day simple moving average is $261.25 and its 200-day simple moving average is $247.78.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Morse Asset Management Inc increased its stake in HEICO by 0.6% in the third quarter. Morse Asset Management Inc now owns 6,207 shares of the aerospace company’s stock valued at $1,623,000 after purchasing an additional 38 shares during the last quarter. Centaurus Financial Inc. grew its stake in shares of HEICO by 8.9% during the 3rd quarter. Centaurus Financial Inc. now owns 731 shares of the aerospace company’s stock valued at $191,000 after buying an additional 60 shares during the period. Moody Lynn & Lieberson LLC increased its holdings in shares of HEICO by 1.8% during the 3rd quarter. Moody Lynn & Lieberson LLC now owns 4,186 shares of the aerospace company’s stock worth $1,095,000 after buying an additional 73 shares during the last quarter. MGB Wealth Management LLC raised its position in shares of HEICO by 3.6% in the 3rd quarter. MGB Wealth Management LLC now owns 2,900 shares of the aerospace company’s stock worth $758,000 after buying an additional 100 shares during the period. Finally, Coldstream Capital Management Inc. boosted its holdings in HEICO by 6.6% in the third quarter. Coldstream Capital Management Inc. now owns 1,719 shares of the aerospace company’s stock valued at $451,000 after acquiring an additional 106 shares during the last quarter. 27.12% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at HEICO

In related news, CEO Laurans A. Mendelson bought 725 shares of the company’s stock in a transaction dated Friday, October 18th. The shares were acquired at an average price of $262.94 per share, with a total value of $190,631.50. Following the completion of the acquisition, the chief executive officer now owns 929,984 shares in the company, valued at approximately $244,529,992.96. This trade represents a 0.08 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Victor H. Mendelson bought 726 shares of the company’s stock in a transaction on Friday, October 18th. The shares were acquired at an average price of $262.94 per share, for a total transaction of $190,894.44. Following the transaction, the insider now directly owns 1,234,950 shares in the company, valued at $324,717,753. This trade represents a 0.06 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 2,175 shares of company stock valued at $571,895. 8.10% of the stock is currently owned by corporate insiders.

HEICO Announces Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Friday, January 17th. Shareholders of record on Friday, January 3rd will be paid a $0.11 dividend. The ex-dividend date is Friday, January 3rd. This represents a dividend yield of 0.1%. HEICO’s dividend payout ratio (DPR) is 6.01%.

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.