Cookson Peirce & Co. Inc. Has $727,000 Holdings in HEICO Co. (NYSE:HEI)

Cookson Peirce & Co. Inc. boosted its holdings in HEICO Co. (NYSE:HEI - Free Report) by 59.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,056 shares of the aerospace company's stock after acquiring an additional 1,144 shares during the quarter. Cookson Peirce & Co. Inc.'s holdings in HEICO were worth $727,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Compass Financial Services Inc acquired a new stake in shares of HEICO in the 4th quarter worth approximately $26,000. Rakuten Securities Inc. bought a new stake in HEICO during the third quarter worth approximately $81,000. Berbice Capital Management LLC acquired a new stake in HEICO in the fourth quarter worth approximately $95,000. Brooklyn Investment Group bought a new position in HEICO during the 3rd quarter valued at $128,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of HEICO during the 4th quarter valued at $135,000. Institutional investors own 27.12% of the company's stock.

HEICO Trading Down 0.0 %

Shares of HEICO stock traded down $0.06 during trading on Friday, hitting $263.17. The stock had a trading volume of 533,716 shares, compared to its average volume of 603,005. The company has a quick ratio of 1.34, a current ratio of 3.11 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $36.54 billion, a PE ratio of 71.90, a P/E/G ratio of 3.10 and a beta of 1.26. HEICO Co. has a 1 year low of $182.47 and a 1 year high of $283.60. The stock has a 50 day simple moving average of $236.41 and a 200 day simple moving average of $250.74.

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HEICO (NYSE:HEI - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The aerospace company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.27. The firm had revenue of $1.03 billion for the quarter, compared to analysts' expectations of $983.10 million. HEICO had a net margin of 13.33% and a return on equity of 14.63%. On average, research analysts expect that HEICO Co. will post 4.2 EPS for the current fiscal year.

HEICO Dividend Announcement

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, January 17th. Investors of record on Friday, January 3rd were paid a $0.11 dividend. This represents a yield of 0.1%. The ex-dividend date was Friday, January 3rd. HEICO's dividend payout ratio is currently 5.45%.

Analyst Upgrades and Downgrades

HEI has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft cut their price objective on HEICO from $271.00 to $266.00 and set a "buy" rating for the company in a report on Thursday, December 19th. KeyCorp began coverage on shares of HEICO in a report on Thursday, January 16th. They issued a "sector weight" rating for the company. Finally, Truist Financial lifted their price objective on shares of HEICO from $282.00 to $294.00 and gave the stock a "buy" rating in a research note on Wednesday. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, HEICO presently has a consensus rating of "Moderate Buy" and a consensus target price of $271.40.

HEICO Profile

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. Its Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components.