Company HEICO Corporation

Equities

HEI

US4228061093

Aerospace & Defense

Market Closed - Nyse 04:00:02 2024-03-28 pm EDT 5-day change 1st Jan Change
191 USD -1.76% Intraday chart for HEICO Corporation -0.66% +6.78%

Business Summary

HEICO Corporation is a manufacturer of jet engine and aircraft component replacement parts. The Company operates through two segments: Flight Support Group (FSG) and Electronic Technologies Group (ETG). The FSG segment consists of HEICO Aerospace Holdings Corp. and HEICO Flight Support Corp. and their subsidiaries. The FSG segment designs and manufactures jet engine and aircraft component replacement parts. In addition, the FSG segment repairs, overhauls and distributes jet engine and aircraft components, avionics and instruments for domestic and foreign commercial air carriers and aircraft repair companies, as well as military and business aircraft operators. The ETG segment consists of HEICO Electronic Technologies Corp. and its subsidiaries. ETG segment designs, manufactures and sells various types of electronic, data and microwave, and electro-optical products, including infrared simulation and test equipment, laser rangefinder receivers and electrical power supplies.

Number of employees: 9,600

Sales per Business

USD in Million2022Weight2023Weight Delta
Flight Support Group
59.6 %
1,255 56.8 % 1,770 59.6 % +41.03%
Electronic Technologies Group
41.3 %
972 44.0 % 1,225 41.3 % +25.99%
Other, Primarily Corporate & Intersegment
-0.9 %
-19 -0.9 % -27 -0.9 % +40.99%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
66.2 %
1,444 65.4 % 1,963 66.2 % +36.01%
Other Countries
33.8 %
765 34.6 % 1,005 33.8 % +31.37%

Managers

Managers TitleAgeSince
Chief Executive Officer 85 88-12-31
President 56 89-12-31
President 58 89-12-31
Director of Finance/CFO 57 12-05-31
Corporate Officer/Principal 78 81-12-31
Comptroller/Controller/Auditor 60 01-12-31

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 85 88-12-31
Director/Board Member 72 14-09-21
Director/Board Member 90 06-12-17
Director/Board Member 70 10-12-31
President 58 89-12-31
President 56 89-12-31
Director/Board Member 93 83-12-31
Director/Board Member 64 14-09-21
Director/Board Member 67 08-09-15
Director/Board Member 66 22-12-22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 83,591,871 75,708,455 ( 90.57 %) 0 85.26 %
Stock B 1 54,772,494 42,262,037 ( 77.16 %) 0

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
21.25 %
11,635,685 21.25 % 2 250 M $
Principal Global Investors LLC
18.65 %
10,212,472 18.65 % 1 975 M $
BlackRock Advisors LLC
16.69 %
9,137,487 16.69 % 1 767 M $
Fidelity Management & Research Co. LLC
9.058 %
4,960,645 9.058 % 959 M $
4,110,265 7.505 % 795 M $
4,017,446 7.336 % 777 M $
Invesco Advisers, Inc.
6.196 %
3,393,344 6.196 % 656 M $
Capital Research & Management Co. (World Investors)
5.983 %
3,276,326 5.983 % 634 M $
2,127,768 3.885 % 412 M $
2,052,144 3.747 % 397 M $
NameEquities%Valuation
6,524,492 7.810 % 1 015 M $
1,698,175 2.033 % 264 M $
WCM Investment Management LLC
1.739 %
1,452,390 1.739 % 226 M $
D. F. Dent & Co., Inc.
1.687 %
1,409,590 1.687 % 219 M $
Norges Bank (13F)
1.468 %
1,226,458 1.468 % 191 M $
AustralianSuper Pty Ltd.
1.405 %
1,173,364 1.405 % 183 M $
State of Wisconsin Investment Board
1.297 %
1,083,208 1.297 % 169 M $
William Blair Investment Management LLC
1.290 %
1,077,302 1.290 % 168 M $
Geode Capital Management LLC
1.267 %
1,058,777 1.267 % 165 M $
Port Capital LLC
1.116 %
932,077 1.116 % 145 M $

Company contact information

HEICO Corp.

3000 Taft Street

33021-4441, Hollywood

+954 987 4000

http://www.heico.com
address HEICO Corporation(HEI)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
194.4 USD
Average target price
207.9 USD
Spread / Average Target
+6.91%
Consensus