HEICO
About: Heico is an aerospace and defense supplier that focuses on creating niche replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other categories. It operates as two segments: the flight support group,or FSG, and the electronic technologies group, or ETG, both of which supply the aerospace and defense sectors to different degrees. The company is persistently acquisitive, focusing on companies in similar or adjacent markets that are generating strong cash flow and profitable growth potential.
Employees: 10,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
93% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 42
55% more call options, than puts
Call options by funds: $58.7M | Put options by funds: $37.9M
11% more capital invested
Capital invested by funds: $8.93B [Q2] → $9.89B (+$955M) [Q3]
6% more funds holding
Funds holding: 544 [Q2] → 576 (+32) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 7 [Q2] → 7 (+0) [Q3]
4.06% less ownership
Funds ownership: 73.02% [Q2] → 68.97% (-4.06%) [Q3]
17% less repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 205
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Deutsche Bank Scott Deuschle 50% 1-year accuracy 18 / 36 met price target | 11%upside $266 | Buy Maintained | 19 Dec 2024 |
Financial journalist opinion
Based on 3 articles about HEI published over the past 30 days
