Heico Corporation $HEI Stock Sold by Riverbridge Partners LLC

Posted by Stanley Muller on Nov 11th, 2026

Riverbridge Partners LLC lowered its stake in Heico Corporation (NYSE:HEI – Free Report) by 15.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 303,929 shares of the aerospace company’s stock after selling 57,284 shares during the period. Heico comprises 2.8% of Riverbridge Partners LLC’s holdings, making the stock its 7th largest position. Riverbridge Partners LLC’s holdings in Heico were worth $92,145,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Fulcrum Asset Management LLP increased its stake in shares of Heico by 30.0% in the third quarter. Fulcrum Asset Management LLP now owns 11,357 shares of the aerospace company’s stock worth $3,488,000 after buying an additional 2,619 shares during the period. Hager Investment Management Services LLC bought a new stake in Heico during the 3rd quarter valued at $138,000. StoneX Group Inc. purchased a new stake in Heico during the 3rd quarter valued at $185,000. CenterBook Partners LP boosted its position in Heico by 36.6% during the 3rd quarter. CenterBook Partners LP now owns 1,370 shares of the aerospace company’s stock valued at $415,000 after buying an additional 367 shares during the period. Finally, Legacies Wealth LLC purchased a new stake in Heico during the 3rd quarter valued at $169,000. Hedge funds and other institutional investors own 27.12% of the company’s stock.

Insider Buying and Selling at Heico

In related news, Director Adolfo Henriques bought 795 shares of the company’s stock in a transaction dated Thursday, October 8th. The stock was purchased at an average cost of $220.30 per share, with a total value of $175,138.50. Following the transaction, the director owned 24,864 shares in the company, valued at approximately $5,477,539.20. This trade represents a 3.30% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Thomas M. Culligan bought 795 shares of the business’s stock in a transaction dated Thursday, October 8th. The shares were bought at an average cost of $220.30 per share, for a total transaction of $175,138.50. Following the purchase, the director directly owned 11,825 shares in the company, valued at approximately $2,605,047.50. This represents a 7.21% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders bought 5,362 shares of company stock worth $1,225,430. 4.86% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Melius Research set a $350.00 price objective on shares of Heico and gave the company a “hold” rating in a research report on Monday, September 14th. UBS Group reaffirmed a “neutral” rating and set a $396.00 price objective (up from $382.00) on shares of Heico in a research note on Thursday, August 27th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Heico in a report on Wednesday, October 14th. Citigroup raised their target price on Heico from $429.00 to $441.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. Finally, Guggenheim assumed coverage on Heico in a research note on Monday, September 14th. They issued a “neutral” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $387.33.

Check Out Our Latest Research Report on HEI

Heico Price Performance

Shares of Heico stock opened at $345.24 on Wednesday. The company has a quick ratio of 1.27, a current ratio of 2.72 and a debt-to-equity ratio of 0.51. The company has a market cap of $48.25 billion, a PE ratio of 57.45, a P/E/G ratio of 2.52 and a beta of 1.09. The business has a 50 day moving average of $311.19 and a 200 day moving average of $319.54. Heico Corporation has a 52 week low of $256.11 and a 52 week high of $376.86.

Heico (NYSE:HEI – Get Free Report) last announced its quarterly earnings results on Tuesday, August 25th. The aerospace company reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.51 by $0.16. The company had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.36 billion. Heico had a return on equity of 18.00% and a net margin of 16.38%. The firm’s revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.26 earnings per share. As a group, equities research analysts forecast that Heico Corporation will post 6.29 earnings per share for the current year.

Heico Profile

(Free Report)

HEICO Corporation is an aerospace and electronics company that develops, manufactures and services products for commercial aviation, defense, space and other markets. Its Flight Support Group supplies replacement parts for aircraft and provides repair and overhaul services for aircraft components, while its Electronic Technologies Group makes specialized electronic, electro-optical and other technology products. The company’s products and services support airlines, aircraft operators, original equipment manufacturers, government agencies and defense contractors.