Bank of Montreal Can Reduces Holdings in Helen of Troy Limited $HELE

Bank of Montreal Can lowered its position in Helen of Troy Limited (NASDAQ:HELE) by 52.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,476 shares of the company’s stock after selling 24,005 shares during the quarter. Bank of Montreal Can owned about 0.09% of Helen of Troy worth $609,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in HELE. Pzena Investment Management LLC boosted its holdings in Helen of Troy by 30.3% during the 2nd quarter. Pzena Investment Management LLC now owns 985,331 shares of the company’s stock valued at $27,964,000 after acquiring an additional 229,104 shares during the period. Nordea Investment Management AB increased its stake in Helen of Troy by 41.2% in the second quarter. Nordea Investment Management AB now owns 69,400 shares of the company’s stock worth $1,970,000 after purchasing an additional 20,248 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Helen of Troy by 20.8% during the first quarter. Envestnet Asset Management Inc. now owns 149,625 shares of the company’s stock worth $8,003,000 after purchasing an additional 25,713 shares during the last quarter. Federated Hermes Inc. boosted its stake in shares of Helen of Troy by 3,325.3% during the first quarter. Federated Hermes Inc. now owns 185,616 shares of the company’s stock valued at $9,929,000 after purchasing an additional 180,197 shares during the period. Finally, Public Sector Pension Investment Board boosted its stake in shares of Helen of Troy by 27.3% during the first quarter. Public Sector Pension Investment Board now owns 72,526 shares of the company’s stock valued at $3,879,000 after purchasing an additional 15,573 shares during the period.

Analyst Upgrades and Downgrades

HELE has been the subject of a number of research analyst reports. Zacks Research lowered shares of Helen of Troy from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th. Weiss Ratings restated a “sell (d)” rating on shares of Helen of Troy in a research note on Tuesday, November 11th. UBS Group decreased their price target on shares of Helen of Troy from $27.00 to $25.00 and set a “neutral” rating for the company in a research note on Friday, October 10th. Finally, Canaccord Genuity Group lowered their price target on Helen of Troy from $26.00 to $23.00 and set a “hold” rating for the company in a report on Friday, October 10th. Three equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $42.00.

Helen of Troy Stock Performance

Shares of HELE stock opened at $17.55 on Tuesday. The firm has a market cap of $404.16 million, a price-to-earnings ratio of -0.61 and a beta of 0.84. Helen of Troy Limited has a 52-week low of $17.48 and a 52-week high of $75.68. The company has a quick ratio of 0.74, a current ratio of 1.71 and a debt-to-equity ratio of 0.94. The company’s 50 day moving average is $21.73 and its 200 day moving average is $24.51.

Helen of Troy (NASDAQ:HELE) last posted its earnings results on Thursday, October 9th. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.05. Helen of Troy had a positive return on equity of 8.72% and a negative net margin of 36.20%.The company had revenue of $431.78 million during the quarter, compared to analyst estimates of $416.77 million. During the same quarter in the prior year, the business earned $1.21 earnings per share. Helen of Troy’s revenue was down 8.9% on a year-over-year basis. Helen of Troy has set its FY 2026 guidance at 3.750-4.25 EPS. Q3 2026 guidance at 1.550-1.800 EPS. On average, sell-side analysts anticipate that Helen of Troy Limited will post 6.46 EPS for the current fiscal year.

Helen of Troy Company Profile

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.