Connor Clark & Lunn Investment Management Ltd. Acquires Shares of 35,915 Heico Corporation $HEI

Posted by George Bondi on Aug 26th, 2026

Connor Clark & Lunn Investment Management Ltd. bought a new position in Heico Corporation (NYSE:HEI – Free Report) in the second quarter, HoldingsChannel reports. The fund bought 35,915 shares of the aerospace company’s stock, valued at approximately $12,793,000.

A number of other institutional investors also recently modified their holdings of the stock. IFC & Insurance Marketing Inc. acquired a new stake in Heico during the fourth quarter valued at $26,000. CBIZ Investment Advisory Services LLC grew its stake in Heico by 1,000.0% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 88 shares of the aerospace company’s stock valued at $28,000 after purchasing an additional 80 shares in the last quarter. Birchwood Financial Partners Inc. acquired a new position in Heico in the 4th quarter worth about $32,000. Miller Capital Partners Inc. purchased a new stake in shares of Heico during the 4th quarter worth about $70,000. Finally, BNP Paribas purchased a new stake in shares of Heico during the 4th quarter worth about $79,000. Institutional investors and hedge funds own 27.12% of the company’s stock.

Key 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.

Insiders Place Their Bets

In other Heico news, CAO Bradley K. Rowen sold 1,326 shares of the company’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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.86% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on HEI shares. Jefferies Financial Group reissued a “buy” rating and issued a $425.00 price target on shares of Heico in a research note on Thursday, August 13th. Truist Financial raised shares of Heico to a “strong-buy” rating in a research report on Friday, May 1st. Zacks Research upgraded shares of Heico from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 9th. UBS Group reissued a “neutral” rating and set a $390.00 target price (up from $371.00) on shares of Heico in a research report on Monday, June 1st. Finally, Royal Bank Of Canada raised their target price on Heico from $375.00 to $390.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $379.56.

Check Out Our Latest Research Report on Heico

Heico Trading Down 0.4%

Shares of HEI stock opened at $351.19 on Wednesday. Heico Corporation has a 12 month low of $256.11 and a 12 month high of $376.86. The company has a market cap of $49.05 billion, a PE ratio of 62.71, a price-to-earnings-growth ratio of 3.56 and a beta of 1.04. The company has a quick ratio of 1.36, a current ratio of 2.92 and a debt-to-equity ratio of 0.53. The business’s 50 day moving average is $353.68 and its two-hundred day moving average is $321.20.

Heico (NYSE:HEI – Get Free Report) last issued its quarterly earnings data on Tuesday, August 25th. The aerospace company reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.51 by $0.16. The business had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.35 billion. Heico had a net margin of 16.08% and a return on equity of 17.52%. Heico’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.26 earnings per share. Equities analysts predict that Heico Corporation will post 6.02 EPS for the current year.

Heico Dividend Announcement

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

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.