Helen of Troy Limited $HELE Shares Purchased by UBS Group AG

UBS Group AG raised its holdings in Helen of Troy Limited (NASDAQ:HELE) by 386.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 616,992 shares of the company’s stock after purchasing an additional 490,031 shares during the quarter. UBS Group AG owned 2.67% of Helen of Troy worth $13,111,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HELE. Wellington Management Group LLP lifted its holdings in shares of Helen of Troy by 159.2% in the 3rd quarter. Wellington Management Group LLP now owns 747,220 shares of the company’s stock valued at $18,830,000 after buying an additional 458,979 shares during the period. RWWM Inc. grew its holdings in Helen of Troy by 167.1% during the third quarter. RWWM Inc. now owns 515,176 shares of the company’s stock worth $12,982,000 after acquiring an additional 322,315 shares during the period. Ameriprise Financial Inc. raised its position in Helen of Troy by 213.9% in the second quarter. Ameriprise Financial Inc. now owns 450,078 shares of the company’s stock worth $12,773,000 after acquiring an additional 306,708 shares in the last quarter. Millennium Management LLC purchased a new position in Helen of Troy in the first quarter worth $14,013,000. Finally, Invenomic Capital Management LP lifted its holdings in Helen of Troy by 68.8% in the third quarter. Invenomic Capital Management LP now owns 554,985 shares of the company’s stock valued at $13,986,000 after acquiring an additional 226,263 shares during the period.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on HELE shares. Weiss Ratings restated a “sell (d-)” rating on shares of Helen of Troy in a research report on Friday, March 27th. UBS Group increased their price target on shares of Helen of Troy from $16.00 to $25.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Zacks Research raised shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. Canaccord Genuity Group upped their target price on shares of Helen of Troy from $18.00 to $23.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. Finally, Wall Street Zen raised shares of Helen of Troy from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Helen of Troy has an average rating of “Moderate Buy” and a consensus target price of $24.00.

Helen of Troy Stock Up 4.6%

HELE opened at $23.43 on Friday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.81 and a current ratio of 1.71. The company has a market cap of $544.98 million, a price-to-earnings ratio of -0.60 and a beta of 1.29. Helen of Troy Limited has a one year low of $13.85 and a one year high of $33.73. The business’s fifty day moving average is $18.40 and its two-hundred day moving average is $18.88.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings results on Thursday, April 23rd. The company reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.09. Helen of Troy had a positive return on equity of 7.00% and a negative net margin of 50.33%.The business had revenue of $470.03 million during the quarter, compared to analysts’ expectations of $450.38 million. During the same quarter last year, the business posted $2.33 earnings per share. The business’s revenue for the quarter was down 3.3% on a year-over-year basis. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. Analysts anticipate that Helen of Troy Limited will post 2.81 EPS for the current fiscal year.

About Helen of Troy

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.