HEICO (HEI)

• Market cap: $43.8B
• 1 day: 1.03%
• 5 days: -3.43%
• 1 month: 4.18%
• 3 months: 25.94%
• 6 months: 39.11%
• Year to date: 32.72%
• 1 year: 39.41%
• 5 years: 236.23%
• 10 years: 1,229.43%
• Sector: Industrials
• Industry: Aerospace & Defense

About: Heico is an aerospace and defense supplier that focuses on creating 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 offer strong cash flow and profitable growth potential.

Employees: 10,000

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

65% more first-time investments, than exits

New positions opened: 107 | Existing positions closed: 65

10% more capital invested

Capital invested by funds: $9.31B [Q4 2024] → $10.2B (+$890M) [Q1 2025]

5% more funds holding

Funds holding: 597 [Q4 2024] → 627 (+30) [Q1 2025]

3% more call options, than puts

Call options by funds: $69.2M | Put options by funds: $67.1M

0% more funds holding in top 10

Funds holding in top 10: 9 [Q4 2024] → 9 (+0) [Q1 2025]

2% less repeat investments, than reductions

Existing positions increased: 202 | Existing positions reduced: 207

1.83% less ownership

Funds ownership: 71.21% [Q4 2024] → 69.38% (-1.83%) [Q1 2025]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $244 22% downside
• Avg. target: $309 2% downside
• High target: $355 13% upside

8 analyst ratings

• positive: 3 38%
• neutral: 5 63%
• negative: 0 0%

Truist Securities Michael Ciarmoli	12% upside $352	Buy Maintained	11 Jul 2025
B of A Securities Ronald Epstein	13% upside $355	Buy Maintained	3 Jul 2025
Stifel Jonathan Siegmann	12% upside $352	Buy Reinstated	24 Jun 2025
Morgan Stanley Kristine Liwag	3% downside $305	Equal-Weight Maintained	4 Jun 2025
Barclays David Strauss	11% downside $280	Equal-Weight Maintained	2 Jun 2025