heico corporation, through its subsidiaries, engages in the design, manufacture, and sale of aerospace, defense, and electronics related products and services in the united states and internationally. the company operates through two segments, flight support group (fsg/heico aerospace) and electronic technologies group (etg). heico aerospace offers jet engine and aircraft component replacement parts. it also involves in manufacturing specialty aircraft/defense related parts; offering thermal insulation blankets primarily for aerospace, defense, and commercial applications; subcontracting for original equipment manufacturers (oems); providing specialty parts as a subcontractor for aerospace and industrial oems, and the united states government. in addition, this segment distributes hydraulic, pneumatic, mechanical, and electro-mechanical components for the aviation markets.
Company profile
Ticker
HEI, HEI.A
Exchange
Website
CEO
Laurans Mendelson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
HEINICKE INSTRUMENTS CO
SEC CIK
Corporate docs
Subsidiaries
HEICO Aerospace Holdings Corp. • HEICO Aerospace Corporation • Jet Avion Corporation • LPI Industries Corporation • Parts Advantage, LLC • McClain International, Inc. • Rogers-Dierks, Inc. • Turbine Kinetics, Inc. • ATK Acquisition Corp. • AD HEICO Acquisition Corp. ...
IRS number
650341002
HEI stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
19 Mar 24
10-Q
2024 Q1
Quarterly report
28 Feb 24
8-K
Heico Corporation Reports Strong Growth of 44% In Net Sales, 39% In Operating Income and 23% In Net Income for the First Quarter of Fiscal 2024
26 Feb 24
ARS
2023 FY
Annual report to shareholders
2 Feb 24
DEFA14A
Additional proxy soliciting materials
2 Feb 24
DEF 14A
Definitive proxy
2 Feb 24
10-K
2023 FY
Annual report
20 Dec 23
8-K
Heico Corporation Reports Record Operating Income and Net Sales for the Fourth Quarter and Full Fiscal Year
18 Dec 23
8-K/A
Financial Statements and Exhibits
18 Oct 23
10-Q
2023 Q3
Quarterly report
30 Aug 23
Transcripts
HEI
Earnings call transcript
2024 Q1
27 Feb 24
HEI
Earnings call transcript
2023 Q4
19 Dec 23
HEI
Earnings call transcript
2023 Q3
29 Aug 23
HEI
Earnings call transcript
2023 Q3
23 Aug 23
HEI
Earnings call transcript
2023 Q2
23 May 23
HEI
Earnings call transcript
2023 Q1
28 Feb 23
HEI
Earnings call transcript
2022 Q4
20 Dec 22
HEI
Earnings call transcript
2022 Q3
30 Aug 22
HEI
Earnings call transcript
2022 Q2
24 May 22
HEI
Earnings call transcript
2022 Q1
24 Feb 22
Latest ownership filings
4
THOMAS S IRWIN
18 Apr 24
4
ALAN SCHRIESHEIM
10 Apr 24
4
Frank J Schwitter
1 Apr 24
144
Notice of proposed sale of securities
27 Mar 24
4
ALAN SCHRIESHEIM
25 Mar 24
144
Notice of proposed sale of securities
18 Mar 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
PRINCIPAL GLOBAL INVESTORS
13 Feb 24
SC 13G/A
Capital World Investors
9 Feb 24
Financial summary
Quarter (USD) | Oct 23 | Jul 23 | Apr 23 | Jan 23 | |
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Net income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Oct 23 | Oct 22 | Oct 21 | Oct 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 171.05 mm | 171.05 mm | 171.05 mm | 171.05 mm | 171.05 mm | 171.05 mm |
Cash burn (monthly) | 174.41 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 982.80 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | -811.75 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | -4.7 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 390 |
Opened positions | 153 |
Closed positions | 225 |
Increased positions | 144 |
Reduced positions | 92 |
13F shares | Current |
---|---|
Total value | 9.14 tn |
Total shares | 70.86 mm |
Total puts | 1.30 k |
Total calls | 1.10 k |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
PFG Principal Financial Group Inc - Registered Shares | 9.45 mm | $1.22 tn |
Vanguard | 7.94 mm | $1.03 tn |
BLK Blackrock | 5.18 mm | $669.55 bn |
FMR | 4.99 mm | $645.22 bn |
IVZ Invesco | 3.44 mm | $444.36 bn |
WCM Investment Management | 2.45 mm | $317.73 bn |
STT State Street | 1.65 mm | $213.63 bn |
JPM JPMorgan Chase & Co. | 1.52 mm | $196.85 bn |
MCQEF Macquarie | 1.47 mm | $190.44 bn |
DF Dent & Co | 1.43 mm | $184.54 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Apr 24 | Thomas S Irwin | Common Stock | Gift | Dispose G | No | No | 0 | 500 | 0.00 | 37,763 |
10 Apr 24 | Schriesheim Alan | Common Stock | Gift | Dispose G | No | No | 0 | 135 | 0.00 | 155,727 |
28 Mar 24 | Schwitter Frank J | Common Stock | Sell | Dispose S | No | No | 193.7 | 400 | 77.48 k | 1,255 |
22 Mar 24 | Schriesheim Alan | Common Stock | Sell | Dispose S | No | No | 192.184 | 26,000 | 5.00 mm | 155,862 |
22 Mar 24 | Schriesheim Alan | Common Stock | Payment of exercise | Dispose F | No | No | 193.38 | 104 | 20.11 k | 181,862 |
22 Mar 24 | Schriesheim Alan | Common Stock | Option exercise | Acquire M | No | No | 0.5713 | 35,000 | 20.00 k | 181,966 |
22 Mar 24 | Schriesheim Alan | Option (Right to purchase Common Stock) Common Stock | Option exercise | Dispose M | No | No | 0.5713 | 35,000 | 20.00 k | 65,893 |
6 Feb 24 | Mendelson Laurans A | Class A Common Stock | Gift | Dispose G | Yes | No | 0 | 1,002 | 0.00 | 1,907 |
News
Stifel Maintains Buy on Heico, Raises Price Target to $215
9 Apr 24
$1000 Invested In This Stock 15 Years Ago Would Be Worth $27,000 Today
28 Mar 24
RBC Capital Reiterates Outperform on Heico, Maintains $225 Price Target
28 Feb 24
Heico: Q1 Earnings Insights
26 Feb 24
Heico Q1 2024 GAAP EPS $0.82 Beats $0.74 Estimate, Sales $896.36M Beat $894.50M Estimate
26 Feb 24
Press releases
HEICO Corporation Reports Strong Growth of 44% in Net Sales, 39% in Operating Income and 23% in Net Income for the First Quarter of Fiscal 2024
26 Feb 24
VPT Introduces VSC100-2800S Space COTS DC-DC Converters
14 Feb 24
HEICO Corporation Announces Regular Quarterly Conference Call
8 Feb 24
Directional Aviation's Kenn Ricci Presents HEICO CEO Larry Mendelson with Kenn Ricci Lifetime Living Legends of Aviation Entrepreneur Award
24 Jan 24
HEICO Corporation CEO Laurans A. Mendelson Receives Living Legends of Aviation Award
22 Jan 24