Seven Six Capital Management LLC Has $1.10 Million Position in Helen of Troy Limited $HELE

Seven Six Capital Management LLC raised its holdings in Helen of Troy Limited (NASDAQ:HELE) by 61.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 76,200 shares of the company’s stock after purchasing an additional 29,000 shares during the period. Helen of Troy makes up 1.2% of Seven Six Capital Management LLC’s portfolio, making the stock its 24th biggest position. Seven Six Capital Management LLC’s holdings in Helen of Troy were worth $1,099,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Zacks Research cut Helen of Troy from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. UBS Group upped their price target on Helen of Troy from $25.00 to $28.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Canaccord Genuity Group increased their price objective 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. Weiss Ratings cut Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, July 21st. Finally, Wall Street Zen upgraded shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a research note on Sunday, July 12th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $26.50.

Helen of Troy Stock Down 2.4%

NASDAQ HELE opened at $28.15 on Thursday. The firm has a market cap of $655.61 million, a PE ratio of -1.56 and a beta of 1.31. Helen of Troy Limited has a one year low of $13.85 and a one year high of $30.68. The stock’s 50 day simple moving average is $27.32 and its 200 day simple moving average is $21.61. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.78 and a quick ratio of 0.81.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings results on Wednesday, July 8th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.15. The firm had revenue of $402.12 million during the quarter, compared to analysts’ expectations of $374.55 million. Helen of Troy had a positive return on equity of 6.46% and a negative net margin of 22.70%.The business’s revenue was up 8.2% on a year-over-year basis. During the same period last year, the firm 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 forecast that Helen of Troy Limited will post 2.85 earnings per share for the current fiscal year.

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.