Congress Asset Management Co. Sells 35,974 Shares of Heico Corporation $HEI

Congress Asset Management Co. lessened its position in Heico Corporation (NYSE:HEI) by 11.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 272,483 shares of the aerospace company’s stock after selling 35,974 shares during the quarter. Congress Asset Management Co. owned 0.20% of Heico worth $87,963,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Ridgewood Investments LLC raised its holdings in shares of Heico by 36.5% during the 2nd quarter. Ridgewood Investments LLC now owns 131 shares of the aerospace company’s stock valued at $43,000 after buying an additional 35 shares in the last quarter. Andra AP fonden bought a new position in Heico during the 2nd quarter valued at approximately $66,000. Banque Transatlantique SA raised its holdings in shares of Heico by 36.8% during the first quarter. Banque Transatlantique SA now owns 253 shares of the aerospace company’s stock valued at $62,000 after acquiring an additional 68 shares in the last quarter. Valley National Advisers Inc. purchased a new stake in shares of Heico in the 2nd quarter worth about $114,000. Finally, Bayforest Capital Ltd lifted its holdings in Heico by 51.9% in the second quarter. Bayforest Capital Ltd now owns 351 shares of the aerospace company’s stock worth $115,000 after buying an additional 120 shares during the period. Hedge funds and other institutional investors own 27.12% of the company’s stock.

Insider Buying and Selling at Heico

In other news, Director Carol F. Fine bought 672 shares of the stock in a transaction dated Friday, October 10th. The stock was purchased at an average price of $243.93 per share, for a total transaction of $163,920.96. Following the acquisition, the director owned 672 shares of the company’s stock, valued at $163,920.96. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mark H. Hildebrandt acquired 400 shares of Heico stock in a transaction that occurred on Tuesday, October 21st. The stock was purchased at an average cost of $248.76 per share, for a total transaction of $99,504.00. Following the completion of the transaction, the director directly owned 1,181 shares in the company, valued at $293,785.56. This trade represents a 51.22% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders bought 4,448 shares of company stock valued at $1,086,933. Corporate insiders own 9.55% of the company’s stock.

Key Stores Impacting Heico

Here are the key news stories impacting Heico this week:

• Positive Sentiment: Heico beat Q4 estimates: EPS $1.33 vs. consensus ~$1.22 and revenue $1.21B (+19.3% YoY); operating profit, gross profit and net income all improved materially — this supports upside to earnings momentum and valuation. Heico Q4 revenue & EPS beat (Quiver)
• Positive Sentiment: Record profitability: company reported record net income and record operating income for the quarter and fiscal year, underscoring margin expansion and execution across its aerospace after‑market businesses. Record net income release
• Positive Sentiment: Management signaled continued net‑sales growth and a strong acquisition pipeline for fiscal 2026 while expecting expanding margins — forward commentary that can justify multiple expansion. Fiscal 2026 guidance & acquisition pipeline
• Positive Sentiment: Heico announced an acquisition — EthosEnergy accessories & components — expanding its product set and M&A pipeline (terms not disclosed). M&A is a core growth driver for HEI historically. Acquisition of EthosEnergy components
• Positive Sentiment: Dividend declared: Board approved a $0.12 per‑share cash dividend (semiannual), continuing a long history of payouts — supportive for income-focused holders. Dividend declaration
• Neutral Sentiment: Analyst activity: Citi (and others) have been issuing Buy ratings and price targets above current levels, giving bench strength to the rally but also setting expectations for continued execution. Analyst initiation / coverage
• Neutral Sentiment: Cash generation and balance-sheet items improved (operating cash climbed year‑over‑year and capex remained modest), which supports M&A and buybacks but requires monitoring for allocation decisions. Cash flow & balance-sheet details
• Negative Sentiment: Acquisition details undisclosed: lack of financial terms creates short‑term uncertainty around the deal’s immediate EPS impact and integration risk. Acquisition terms not disclosed
• Negative Sentiment: Institutional moves were mixed—some large holders trimmed positions in recent quarters (per filings), which could create selling pressure if momentum fades. Institutional activity details

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Stifel Nicolaus set a $360.00 price objective on Heico in a report on Tuesday, August 26th. Weiss Ratings upgraded shares of Heico from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, December 15th. The Goldman Sachs Group reiterated a “buy” rating and set a $382.00 target price (up from $337.00) on shares of Heico in a research note on Wednesday, August 27th. Truist Financial raised their price target on shares of Heico from $352.00 to $366.00 and gave the company a “buy” rating in a report on Wednesday, August 27th. Finally, Robert W. Baird lifted their price objective on Heico from $360.00 to $400.00 and gave the stock an “outperform” rating in a report on Wednesday, August 27th. Ten research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, Heico currently has an average rating of “Moderate Buy” and a consensus target price of $351.38.

Heico Trading Up 5.9%

Shares of HEI opened at $326.92 on Friday. The firm has a market cap of $45.51 billion, a P/E ratio of 66.58, a price-to-earnings-growth ratio of 3.21 and a beta of 1.04. The company has a 50 day simple moving average of $313.51 and a two-hundred day simple moving average of $315.57. Heico Corporation has a 1 year low of $216.68 and a 1 year high of $338.92. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.35 and a quick ratio of 1.51.

Heico (NYSE:HEI) last announced its quarterly earnings results on Thursday, December 18th. The aerospace company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.22 by $0.11. Heico had a net margin of 15.39% and a return on equity of 17.18%. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the previous year, the company earned $0.99 EPS. The business’s quarterly revenue was up 19.3% compared to the same quarter last year. On average, equities analysts expect that Heico Corporation will post 4.2 earnings per share for the current fiscal year.

Heico Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, January 20th. Stockholders of record on Monday, January 5th will be issued a $0.12 dividend. The ex-dividend date is Monday, January 5th. This represents a dividend yield of 8.0%. Heico’s payout ratio is 5.25%.

About Heico

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.