NewEdge Wealth LLC Lowers Stock Holdings in Heico Corporation $HEI

Posted by Francis Steltz on Jul 31st, 2026

NewEdge Wealth LLC reduced its holdings in Heico Corporation (NYSE:HEI – Free Report) by 76.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 748 shares of the aerospace company’s stock after selling 2,369 shares during the quarter. NewEdge Wealth LLC’s holdings in Heico were worth $205,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in HEI. Diamant Asset Management Inc. grew its holdings in Heico by 25,698.9% in the 1st quarter. Diamant Asset Management Inc. now owns 763,647 shares of the aerospace company’s stock valued at $209,392,000 after buying an additional 760,687 shares during the period. Two Sigma Investments LP lifted its holdings in shares of Heico by 0.6% during the 3rd quarter. Two Sigma Investments LP now owns 558,661 shares of the aerospace company’s stock worth $180,347,000 after acquiring an additional 3,166 shares during the period. Fisher Asset Management LLC lifted its holdings in shares of Heico by 12.1% during the 4th quarter. Fisher Asset Management LLC now owns 326,386 shares of the aerospace company’s stock worth $105,615,000 after acquiring an additional 35,288 shares during the period. Munro Partners boosted its position in shares of Heico by 44.2% in the fourth quarter. Munro Partners now owns 284,898 shares of the aerospace company’s stock worth $92,190,000 after acquiring an additional 87,265 shares during the last quarter. Finally, CI Investments Inc. grew its holdings in Heico by 40.0% in the fourth quarter. CI Investments Inc. now owns 164,036 shares of the aerospace company’s stock valued at $53,080,000 after purchasing an additional 46,846 shares during the period. 27.12% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HEI has been the subject of several research analyst reports. Wall Street Zen raised shares of Heico from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Royal Bank Of Canada lifted their price target on shares of Heico from $375.00 to $390.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Wells Fargo & Company set a $350.00 price objective on Heico and gave the stock an “equal weight” rating in a report on Monday, June 1st. Citigroup reaffirmed a “buy” rating and issued a $410.00 target price (up from $403.00) on shares of Heico in a research report on Wednesday, July 1st. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $410.00 target price (up from $375.00) on shares of Heico in a report on Thursday, May 28th. Three analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $374.56.

Get Our Latest Research Report on Heico

Heico Trading Down 0.0%

Shares of HEI stock opened at $355.06 on Friday. The company has a quick ratio of 1.36, a current ratio of 2.92 and a debt-to-equity ratio of 0.53. Heico Corporation has a fifty-two week low of $256.11 and a fifty-two week high of $369.48. The firm’s 50 day moving average price is $340.49 and its two-hundred day moving average price is $318.37. The stock has a market cap of $49.59 billion, a price-to-earnings ratio of 63.40, a price-to-earnings-growth ratio of 3.68 and a beta of 1.03.

Heico (NYSE:HEI – Get Free Report) last released its quarterly earnings data on Wednesday, May 27th. The aerospace company reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.33. The company had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.25 billion. Heico had a net margin of 16.08% and a return on equity of 17.52%. The business’s quarterly revenue was up 25.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.12 earnings per share. On average, analysts anticipate that Heico Corporation will post 5.95 EPS for the current year.

Heico Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were given a $0.13 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a yield of 7.0%. Heico’s dividend payout ratio (DPR) is 4.64%.

Insider Activity at Heico

In other news, CAO Bradley K. Rowen sold 1,326 shares of the company’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $241.63, for a total value of $320,401.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.86% of the stock is currently owned by corporate insiders.

About Heico

(Free Report)

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.