Empirical Asset Management LLC Takes $603,000 Position in Helen of Troy Limited $HELE

Empirical Asset Management LLC purchased a new position in shares of Helen of Troy Limited (NASDAQ:HELE) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 20,740 shares of the company’s stock, valued at approximately $603,000. Empirical Asset Management LLC owned 0.09% of Helen of Troy at the end of the most recent quarter.

Several other large investors have also made changes to their positions in HELE. Royal Bank of Canada raised its position in Helen of Troy by 60.2% during the first quarter. Royal Bank of Canada now owns 7,102 shares of the company’s stock valued at $380,000 after purchasing an additional 2,670 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Helen of Troy by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company’s stock valued at $724,000 after purchasing an additional 563 shares in the last quarter. Millennium Management LLC bought a new position in shares of Helen of Troy in the 1st quarter valued at $14,013,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Helen of Troy by 16.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 74,309 shares of the company’s stock valued at $3,975,000 after purchasing an additional 10,397 shares during the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of Helen of Troy by 4.6% during the 2nd quarter. American Century Companies Inc. now owns 57,265 shares of the company’s stock worth $1,625,000 after buying an additional 2,503 shares in the last quarter.

Helen of Troy Stock Up 2.1%

Shares of HELE opened at $28.74 on Wednesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.81 and a current ratio of 1.78. Helen of Troy Limited has a 52 week low of $13.85 and a 52 week high of $30.68. The stock has a market capitalization of $669.35 million, a price-to-earnings ratio of -1.60 and a beta of 1.31. The stock has a fifty day moving average of $28.15 and a 200-day moving average of $22.62.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings data on Wednesday, July 8th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.15. The business had revenue of $402.12 million for the quarter, compared to analyst estimates of $374.55 million. Helen of Troy had a positive return on equity of 6.46% and a negative net margin of 22.70%.Helen of Troy’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.41 EPS. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. As a group, sell-side analysts anticipate that Helen of Troy Limited will post 2.84 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently weighed in on HELE shares. UBS Group raised their price objective on Helen of Troy from $25.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Canaccord Genuity Group boosted their target price on Helen of Troy from $23.00 to $25.00 and gave the stock a “hold” rating in a research note on Thursday, July 9th. Wall Street Zen raised shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a report on Sunday, July 12th. Zacks Research downgraded shares of Helen of Troy from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Finally, Weiss Ratings downgraded shares of Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $26.50.

Helen of Troy Profile

Helen of Troy Limited is a global consumer products company that designs, sources and markets a diversified portfolio of household, health and beauty brands. Headquartered in El Paso, Texas, the company operates through three principal segments—Health & Home, Housewares and Beauty—offering products under well-known names including OXO, Vicks, Braun, Honeywell Home, PUR and Hot Tools. Helen of Troy distributes its products through a combination of mass, specialty and e-commerce channels to consumers, retailers and distributors worldwide.

The Housewares segment features kitchen tools, gadgets and organizational solutions marketed primarily under the OXO brand, recognized for its ergonomic “Good Grips” design.