HEICO stock is trading -10.7% below its average target price of $269.31 after dropping -7.4% during today's morning session. Analysts are giving the Large-Cap Aerospace & Defense company an average rating of buy and target prices ranging from $173.0 to $316.0 per share.
The stock has an average amount of shares sold short at 5.4%, and a short ratio of 5.32. The company's insiders own 22.95% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 70.3% of HEICO's shares being owned by this investor type.
Institutions Invested in HEICO
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Blackrock Inc. | 8% | 4,557,073 | $1,095,953,248 |
| 2024-09-30 | Capital World Investors | 7% | 3,934,198 | $946,154,928 |
| 2024-09-30 | Vanguard Group Inc | 7% | 3,680,760 | $885,204,358 |
| 2024-09-30 | State Street Corporation | 3% | 1,476,745 | $355,149,781 |
| 2024-09-30 | Capital International Investors | 3% | 1,463,721 | $352,017,574 |
| 2024-09-30 | Lazard Asset Management LLC | 2% | 1,263,131 | $303,776,683 |
| 2024-09-30 | AGF Management Ltd. | 2% | 965,441 | $232,183,728 |
| 2024-09-30 | Riverbridge Partners LLC | 2% | 911,930 | $219,314,600 |
| 2024-09-30 | Morgan Stanley | 1% | 803,106 | $193,142,973 |
| 2024-09-30 | Nuveen Asset Management, LLC | 1% | 692,383 | $166,514,646 |
Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on HEICO.
