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 Q4 regulatory filings by fund managers ($100M+ AUM)
42.33% more ownership
Funds ownership: 68.89% [Q3] → 111.21% (+42.33%) [Q4]
38% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 60
29% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 9 (+2) [Q4]
27% more call options, than puts
Call options by funds: $61.4M | Put options by funds: $48.4M
12% more repeat investments, than reductions
Existing positions increased: 201 | Existing positions reduced: 179
2% more funds holding
Funds holding: 578 [Q3] → 590 (+12) [Q4]
1% less capital invested
Capital invested by funds: $9.88B [Q3] → $9.83B (-$49.5M) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Truist Securities Michael Ciarmoli 52% 1-year accuracy 32 / 61 met price target | 15%upside $294 | Buy Maintained | 5 Mar 2025 |
Deutsche Bank Scott Deuschle 54% 1-year accuracy 19 / 35 met price target | 4%upside $266 | Buy Maintained | 19 Dec 2024 |
Financial journalist opinion
Based on 13 articles about HEI published over the past 30 days
