Heico Corporation
HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial aircraft, as well as for avionics and navigation systems, subcomponents, and other instruments utilized on military aircraft. Its Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and radio interference shielding and suppression filters; high-speed interface products; high voltage interconnection devices; high voltage advanced power electronics; power conversion products; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; three-dimensional microelectronic and stacked memory products; harsh environment connectivity products and custom molded cable assemblies; radio frequency and microwave amplifiers, transmitters, and receivers; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems; and nuclear radiation detectors. The company serves customers primarily in the aviation, defense, space, medical, telecommunications, and electronics industries. HEICO Corporation was founded in 1957 and is headquartered in Hollywood, Florida.
IPO Year: 2000
Exchange: NYSE
Website: heico.com
Recent Analyst Ratings for Heico Corporation
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/15/2025 | $244.00 | Equal Weight | Wells Fargo |
| 1/16/2025 | Sector Weight | KeyBanc Capital Markets | |
| 10/15/2024 | $277.00 | Neutral | UBS |
| 8/19/2024 | $250.00 | Equal Weight | Barclays |
| 6/4/2024 | $178.00 → $225.00 | Underweight → Equal-Weight | Morgan Stanley |
| 1/25/2024 | $220.00 | Neutral → Buy | BofA Securities |
| 12/20/2023 | $184.00 → $174.00 | Equal-Weight → Underweight | Morgan Stanley |
| 12/12/2023 | Outperform | William Blair | |
| 12/1/2023 | $200.00 | Buy | Stifel |
| 9/28/2023 | $192.00 | Buy | Deutsche Bank |
Heico Corporation Press Releases
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HEICO Corporation Reports Record Net Income (Up 35%), Operating Income (Up 15%) and Net Sales (Up 8%) for the Fourth Quarter of Fiscal 2024
HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 17, 2024 / HEICO CORPORATION (NYSE:HEI)(NYSE:HEI) today reported net income increased 35% to a record $139.7 million, or $.99 per diluted share, in the fourth quarter of fiscal 2024, up from $103.4 million, or $.74 per diluted share, in the fourth quarter of fiscal 2023. Net income increased 27% to a record $514.1 million, or $3.67 per diluted share, in the fiscal year ended October 31, 2024, up from $403.6 million, or $2.91 per diluted share, in the fiscal year ended October 31, 2023.Net sales increased 8% to a record $1,013.7 million in the fourth quarter of fiscal 2024, up from $936.4 million in the fourth quarter of fiscal 2023. Operati
HEICO Corporation Declares Cash Dividend; Sets Annual Meeting and Record Dates
$.11 per share cash dividend declared HOLLYWOOD, FL / ACCESSWIRE / December 17, 2024 / HEICO Corporation (NYSE:HEI)(NYSE:HEI) today announced that its Board of Directors declared an $0.11 per share semiannual cash dividend payable on all shares of its Class A Common Stock and its Common Stock.The dividend is HEICO's 93rd consecutive semiannual cash dividend since 1979.The dividend is payable on January 17, 2025 to all shareholders of record on January 3, 2025.Laurans A. Mendelson, HEICO's Chairman and Chief Executive Officer, along with Eric A. Mendelson and Victor H. Mendelson, HEICO's Co-Presidents, remarked, "HEICO's continuing success warrants this 93rd consecutive semiannual cash divide
HEICO Corporation Announces Regular Quarterly Conference Call
HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 3, 2024 / On December 17, 2024 after the NYSE closing, HEICO Corporation (NYSE:HEI)(NYSE:HEI) will release its financial results for the fourth quarter ended October 31, 2024. The earnings release will be available through the Internet on the Company's website at https://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Wednesday, December 18, 2024 at 9:00 a.m. Eastern Standard Time to discuss its fourth quarter results. Individuals wishing to participate in the conference call should dial
HEICO Corporation Subsidiary Acquires Specialty Component Maker in India
MIAMI, FL, PARIS, FRANCE, and CHENNAI, INDIA / ACCESSWIRE / November 4, 2024 / HEICO Corporation today announced that its Paris, France-based Exxelia subsidiary acquired 70% of SVM Private Limited ("SVM") for cash paid at closing. Exxelia is part of HEICO's Electronic Technologies Group. SVM's management retains the remaining 30% ownership.HEICO stated that it expects the acquisition to be accretive to its earnings within the year following closing.Based in Chennai, India, SVM is a leading designer and manufacturer of high-performance electronic passive components and sub-systems, including critical magnetic components and busbars, specifically serving the healthcare and industrial end-marke
HEICO Corporation Acquires Leading Business Jet In-Cabin Component Maker
MIAMI, FL and DERBY, KS / ACCESSWIRE / October 21, 2024 / HEICO Corporation (NYSE:HEI)(NYSE:HEI) today announced that its Electronic Technologies Group acquired approximately 88% of Mid Continent Controls, Inc. ("MC2") for cash at closing. Key MC2 managers will continue to own the balance of the company. Additional financial details were not disclosed.HEICO stated that it expects the acquisition to be accretive to its earnings within the year following the acquisition.Derby, KS-based MC2 is a niche designer and manufacturer specializing in proprietary in-cabin power and entertainment components and subsystems for business jets. Its core products include power outlets, power distribution modu
HEICO Corporation Acquires Leading Power Distribution Systems Maker
SANTA ANA, CA and MIAMI, FL / ACCESSWIRE / October 1, 2024 / HEICO Corporation (NYSE:HEI) and (NYSE:HEI) today announced that its Electronic Technologies Group acquired 92.5% of Marway Power Solutions, Inc. ("Marway") for cash at closing. The balance of the company's ownership will continue to be held by its executive management. Further financial terms were not disclosed.HEICO stated that it expects the acquisition to be accretive to earnings within the year following the acquisition.Founded in 1980, Marway is a leading designer and manufacturer of power distribution solutions for mission-critical systems deployed in defense, aerospace, communications, test & measurement, and industrial app
Gabelli Funds to Host 30th Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 5, 2024
RYE, N.Y., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website. Agenda 7:50 AMWelcome & IntroTony Bancroft – Gabelli Funds 8:00Moog Inc. (
Gabelli Funds to Host 30th Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 5, 2024
RYE, N.Y., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website. Agenda 7:50 AMWelcome & IntroTony Bancroft – Gabelli Funds8:00Moog Inc. (NYSE:MOG)
HEICO Corporation Reports Record Net Sales (Up 37%), Operating Income (Up 45%) and Net Income (Up 34%) for the Third Quarter of Fiscal 2024
HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 26, 2024 / HEICO CORPORATION (NYSE:HEI)(NYSE:HEI) today reported net income increased 34% to a record $136.6 million, or $.97 per diluted share, in the third quarter of fiscal 2024, up from $102.0 million, or $.74 per diluted share, in the third quarter of fiscal 2023. Net income increased 25% to a record $374.4 million, or $2.67 per diluted share, in the first nine months of fiscal 2024, up from $300.2 million, or $2.17 per diluted share, in the first nine months of fiscal 2023.Net sales increased 37% to a record $992.2 million in the third quarter of fiscal 2024, up from $722.9 million in the third quarter of fiscal 2023. Operating income i
Gabelli Funds to Host 30th Annual Aerospace & Defense Symposium at The Harvard Club, New York City
RYE, N.Y., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website. Featured Companies AAR Corp. (NYSE:AIR)Graham Corporation (NYSE:GHM) Sean Gillen –
Heico Corporation Analyst Ratings
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
Wells Fargo initiated coverage on HEICO with a new price target
Wells Fargo initiated coverage of HEICO with a rating of Equal Weight and set a new price target of $244.00
KeyBanc Capital Markets initiated coverage on HEICO
KeyBanc Capital Markets initiated coverage of HEICO with a rating of Sector Weight
UBS initiated coverage on HEICO with a new price target
UBS initiated coverage of HEICO with a rating of Neutral and set a new price target of $277.00
Barclays initiated coverage on HEICO with a new price target
Barclays initiated coverage of HEICO with a rating of Equal Weight and set a new price target of $250.00
HEICO upgraded by Morgan Stanley with a new price target
Morgan Stanley upgraded HEICO from Underweight to Equal-Weight and set a new price target of $225.00 from $178.00 previously
HEICO upgraded by BofA Securities with a new price target
BofA Securities upgraded HEICO from Neutral to Buy and set a new price target of $220.00
HEICO downgraded by Morgan Stanley with a new price target
Morgan Stanley downgraded HEICO from Equal-Weight to Underweight and set a new price target of $174.00 from $184.00 previously
William Blair initiated coverage on HEICO
William Blair initiated coverage of HEICO with a rating of Outperform
Stifel initiated coverage on HEICO with a new price target
Stifel initiated coverage of HEICO with a rating of Buy and set a new price target of $200.00
Deutsche Bank initiated coverage on HEICO with a new price target
Deutsche Bank initiated coverage of HEICO with a rating of Buy and set a new price target of $192.00
Heico Corporation Insider Trading
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
SEC Form 4: Schriesheim Alan sold $740,390 worth of shares (5,000 units at $148.08), decreasing direct ownership by 5% to 101,863 units
4 - HEICO CORP (0000046619) (Issuer)
SEC Form 4: Schriesheim Alan gifted 430 shares, exercised 76,200 shares at a strike of $0.32 and covered exercise/tax liability with 169 shares, increasing direct ownership by 117% to 106,863 units
4 - HEICO CORP (0000046619) (Issuer)
SEC Form 4: Mendelson Eric A exercised 122,070 shares at a strike of $21.41, covered exercise/tax liability with 59,003 shares, exercised 122,070 shares at a strike of $15.45 and covered exercise/tax liability with 56,913 shares, decreasing direct ownership by 77% to 248,892 units
4 - HEICO CORP (0000046619) (Issuer)
SEC Form 4: Mendelson Victor H covered exercise/tax liability with 56,913 shares, exercised 122,070 shares at a strike of $21.41, covered exercise/tax liability with 59,003 shares and exercised 122,070 shares at a strike of $15.45, decreasing direct ownership by 78% to 239,204 units
4 - HEICO CORP (0000046619) (Issuer)
SEC Form 4: Mendelson Laurans A exercised 40,000 shares at a strike of $91.13, covered exercise/tax liability with 31,131 shares and sold $1,279,363 worth of shares (8,869 units at $144.25)
4 - HEICO CORP (0000046619) (Issuer)
SEC Form 4 filed by Walker Steven M
4 - HEICO CORP (0000046619) (Issuer)
SEC Form 5: Mendelson Eric A gifted 955 shares
5 - HEICO CORP (0000046619) (Issuer)
SEC Form 5: Neitzel Julie gifted 82 shares, decreasing direct ownership by 5% to 1,665 units
5 - HEICO CORP (0000046619) (Issuer)
SEC Form 5: Mendelson Victor H gifted 955 shares
5 - HEICO CORP (0000046619) (Issuer)
SEC Form 5: Mendelson Laurans A gifted 1,347 shares and gifted 407 shares
5 - HEICO CORP (0000046619) (Issuer)
Heico Corporation SEC Filings
SEC Form 10-K filed by Heico Corporation
10-K - HEICO CORP (0000046619) (Filer)
Heico Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
8-K - HEICO CORP (0000046619) (Filer)
SEC Form 10-Q filed by Heico Corporation
10-Q - HEICO CORP (0000046619) (Filer)
Heico Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
8-K - HEICO CORP (0000046619) (Filer)
SEC Form 10-Q filed by Heico Corporation
10-Q - HEICO CORP (0000046619) (Filer)
Heico Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
8-K - HEICO CORP (0000046619) (Filer)
SEC Form SD filed by Heico Corporation
SD - HEICO CORP (0000046619) (Filer)
SEC Form 8-K filed by Heico Corporation
8-K - HEICO CORP (0000046619) (Filer)
SEC Form 8-K filed by Heico Corporation
8-K - HEICO CORP (0000046619) (Filer)
SEC Form 10-Q filed
10-Q - HEICO CORP (0000046619) (Filer)
Heico Corporation Financials
Live finance-specific insights
HEICO Corporation Reports Record Net Income (Up 35%), Operating Income (Up 15%) and Net Sales (Up 8%) for the Fourth Quarter of Fiscal 2024
HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 17, 2024 / HEICO CORPORATION (NYSE:HEI)(NYSE:HEI) today reported net income increased 35% to a record $139.7 million, or $.99 per diluted share, in the fourth quarter of fiscal 2024, up from $103.4 million, or $.74 per diluted share, in the fourth quarter of fiscal 2023. Net income increased 27% to a record $514.1 million, or $3.67 per diluted share, in the fiscal year ended October 31, 2024, up from $403.6 million, or $2.91 per diluted share, in the fiscal year ended October 31, 2023.Net sales increased 8% to a record $1,013.7 million in the fourth quarter of fiscal 2024, up from $936.4 million in the fourth quarter of fiscal 2023. Operati
HEICO Corporation Declares Cash Dividend; Sets Annual Meeting and Record Dates
$.11 per share cash dividend declared HOLLYWOOD, FL / ACCESSWIRE / December 17, 2024 / HEICO Corporation (NYSE:HEI)(NYSE:HEI) today announced that its Board of Directors declared an $0.11 per share semiannual cash dividend payable on all shares of its Class A Common Stock and its Common Stock.The dividend is HEICO's 93rd consecutive semiannual cash dividend since 1979.The dividend is payable on January 17, 2025 to all shareholders of record on January 3, 2025.Laurans A. Mendelson, HEICO's Chairman and Chief Executive Officer, along with Eric A. Mendelson and Victor H. Mendelson, HEICO's Co-Presidents, remarked, "HEICO's continuing success warrants this 93rd consecutive semiannual cash divide
HEICO Corporation Announces Regular Quarterly Conference Call
HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 3, 2024 / On December 17, 2024 after the NYSE closing, HEICO Corporation (NYSE:HEI)(NYSE:HEI) will release its financial results for the fourth quarter ended October 31, 2024. The earnings release will be available through the Internet on the Company's website at https://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Wednesday, December 18, 2024 at 9:00 a.m. Eastern Standard Time to discuss its fourth quarter results. Individuals wishing to participate in the conference call should dial
HEICO Corporation Subsidiary Acquires Specialty Component Maker in India
MIAMI, FL, PARIS, FRANCE, and CHENNAI, INDIA / ACCESSWIRE / November 4, 2024 / HEICO Corporation today announced that its Paris, France-based Exxelia subsidiary acquired 70% of SVM Private Limited ("SVM") for cash paid at closing. Exxelia is part of HEICO's Electronic Technologies Group. SVM's management retains the remaining 30% ownership.HEICO stated that it expects the acquisition to be accretive to its earnings within the year following closing.Based in Chennai, India, SVM is a leading designer and manufacturer of high-performance electronic passive components and sub-systems, including critical magnetic components and busbars, specifically serving the healthcare and industrial end-marke
HEICO Corporation Acquires Leading Business Jet In-Cabin Component Maker
MIAMI, FL and DERBY, KS / ACCESSWIRE / October 21, 2024 / HEICO Corporation (NYSE:HEI)(NYSE:HEI) today announced that its Electronic Technologies Group acquired approximately 88% of Mid Continent Controls, Inc. ("MC2") for cash at closing. Key MC2 managers will continue to own the balance of the company. Additional financial details were not disclosed.HEICO stated that it expects the acquisition to be accretive to its earnings within the year following the acquisition.Derby, KS-based MC2 is a niche designer and manufacturer specializing in proprietary in-cabin power and entertainment components and subsystems for business jets. Its core products include power outlets, power distribution modu
HEICO Corporation Acquires Leading Power Distribution Systems Maker
SANTA ANA, CA and MIAMI, FL / ACCESSWIRE / October 1, 2024 / HEICO Corporation (NYSE:HEI) and (NYSE:HEI) today announced that its Electronic Technologies Group acquired 92.5% of Marway Power Solutions, Inc. ("Marway") for cash at closing. The balance of the company's ownership will continue to be held by its executive management. Further financial terms were not disclosed.HEICO stated that it expects the acquisition to be accretive to earnings within the year following the acquisition.Founded in 1980, Marway is a leading designer and manufacturer of power distribution solutions for mission-critical systems deployed in defense, aerospace, communications, test & measurement, and industrial app
HEICO Corporation Reports Record Net Sales (Up 37%), Operating Income (Up 45%) and Net Income (Up 34%) for the Third Quarter of Fiscal 2024
HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 26, 2024 / HEICO CORPORATION (NYSE:HEI)(NYSE:HEI) today reported net income increased 34% to a record $136.6 million, or $.97 per diluted share, in the third quarter of fiscal 2024, up from $102.0 million, or $.74 per diluted share, in the third quarter of fiscal 2023. Net income increased 25% to a record $374.4 million, or $2.67 per diluted share, in the first nine months of fiscal 2024, up from $300.2 million, or $2.17 per diluted share, in the first nine months of fiscal 2023.Net sales increased 37% to a record $992.2 million in the third quarter of fiscal 2024, up from $722.9 million in the third quarter of fiscal 2023. Operating income i
HEICO Corporation Acquires Leading Provider of Proprietary Aircraft Cockpit Emergency Egress and Aerial Delivery Solutions
SOUTH WINDSOR, CT and MIAMI, FL / ACCESSWIRE / August 22, 2024 / HEICO Corporation (NYSE:HEI)(NYSE:HEI) today announced its Flight Support Group has acquired the Aerial Delivery and Descent Devices divisions of Capewell Aerial Systems ("Capewell") for cash at closing. Additional financial details were not disclosed.HEICO stated that it expects the acquisition to be accretive to its earnings within the year following closing.Connecticut-based Capewell is a leading provider of proprietary aircraft cockpit emergency egress and aerial delivery products for various commercial aerospace and defense uses. It is a critical supplier to a wide-ranging customer base that includes leading OEMs, end-user
HEICO Corporation Announces Regular Quarterly Conference Call
HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 13, 2024 / On August 26, 2024 after the NYSE closing, HEICO Corporation (NYSE:HEI)(NYSE:HEI) will release its financial results for the third quarter ended July 31, 2024. The earnings release will be available through the Internet on the Company's website at https://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Tuesday, August 27, 2024 at 9:00 a.m. Eastern Daylight Time to discuss its third quarter results. Individuals wishing to participate in the conference call should dial: US and Can
HEICO Corporation Increases Cash Dividend by 10%
$.11 per share cash dividend declared HOLLYWOOD, FL / ACCESSWIRE / June 20, 2024 / HEICO Corporation (NYSE:HEI)(NYSE:HEI) today announced that its Board of Directors declared an $0.11 per share semiannual cash dividend payable on all shares of its Class A Common Stock and its Common Stock. The amount is 10% greater than the Company's last cash dividend of $.10 per share paid earlier this year.The dividend is HEICO's 92nd consecutive semiannual cash dividend since 1979.The dividend is payable on July 15, 2024 to all shareholders of record on July 1, 2024.Laurans A. Mendelson, HEICO's Chairman and Chief Executive Officer, along with Eric A. Mendelson and Victor H. Mendelson, HEICO's Co-Preside
Heico Corporation Large Ownership Changes
This live feed shows all institutional transactions in real time.
SEC Form SC 13G filed
SC 13G - HEICO CORP (0000046619) (Subject)
SEC Form SC 13G/A filed
SC 13G/A - HEICO CORP (0000046619) (Subject)
SEC Form SC 13G/A filed
SC 13G/A - HEICO CORP (0000046619) (Subject)
SEC Form SC 13G/A filed
SC 13G/A - HEICO CORP (0000046619) (Subject)