Pinnacle Holdings LLC Makes New Investment in Helen of Troy Limited $HELE

Pinnacle Holdings LLC purchased a new stake in Helen of Troy Limited (NASDAQ:HELE) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 80,606 shares of the company’s stock, valued at approximately $2,343,000. Pinnacle Holdings LLC owned about 0.35% of Helen of Troy at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Paradigm Capital Management Inc. NY raised its position in shares of Helen of Troy by 64.3% during the first quarter. Paradigm Capital Management Inc. NY now owns 927,100 shares of the company’s stock worth $13,369,000 after purchasing an additional 362,900 shares during the period. Hsbc Holdings PLC acquired a new position in shares of Helen of Troy in the 1st quarter valued at $1,936,000. Renaissance Technologies LLC purchased a new position in Helen of Troy in the 1st quarter worth about $571,000. RWWM Inc. increased its stake in Helen of Troy by 85.7% in the 1st quarter. RWWM Inc. now owns 1,173,829 shares of the company’s stock worth $16,927,000 after purchasing an additional 541,689 shares in the last quarter. Finally, Wedge Capital Management L L P NC acquired a new stake in Helen of Troy during the 2nd quarter worth about $1,532,000.

Helen of Troy Stock Performance

HELE stock opened at $29.06 on Monday. The firm has a 50 day simple moving average of $28.12 and a 200 day simple moving average of $22.86. 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 cap of $676.81 million, a P/E ratio of -1.62 and a beta of 1.31. 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 (NASDAQ:HELE) last released its earnings results on Wednesday, July 8th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.15. The company had revenue of $402.12 million during the quarter, compared to the consensus estimate of $374.55 million. Helen of Troy had a negative net margin of 22.70% and a positive return on equity of 6.46%. The company’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.41 EPS. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. Research analysts anticipate that Helen of Troy Limited will post 2.84 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. UBS Group raised their target price on shares of Helen of Troy from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Wall Street Zen upgraded shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a report on Sunday, July 12th. Weiss Ratings downgraded shares of Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a research report on Tuesday, July 21st. Zacks Research lowered shares of Helen of Troy from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Finally, Canaccord Genuity Group lifted their price objective on shares of Helen of Troy from $23.00 to $25.00 and gave the stock a “hold” rating in a research report on Thursday, July 9th. 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 stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $26.50.

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.