Wellington Management Group LLP Raises Position in Helen of Troy Limited $HELE

Wellington Management Group LLP raised its position in shares of Helen of Troy Limited (NASDAQ:HELE) by 12.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 824,238 shares of the company’s stock after purchasing an additional 93,350 shares during the period. Wellington Management Group LLP’s holdings in Helen of Troy were worth $23,961,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of HELE. BlackRock Inc. purchased a new position in shares of Helen of Troy during the 2nd quarter valued at $54,740,000. RWWM Inc. increased its stake in shares of Helen of Troy by 85.7% in the first 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. Millennium Management LLC grew its stake in Helen of Troy by 164.9% in the 4th quarter. Millennium Management LLC now owns 1,049,381 shares of the company’s stock valued at $22,299,000 after buying an additional 653,300 shares in the last quarter. Bank of America Corp DE purchased a new position in Helen of Troy in the 2nd quarter valued at approximately $27,749,000. Finally, Paradigm Capital Management Inc. NY raised its holdings in Helen of Troy by 64.3% during the 1st quarter. Paradigm Capital Management Inc. NY now owns 927,100 shares of the company’s stock valued at $13,369,000 after acquiring an additional 362,900 shares during the period.

Wall Street Analyst Weigh In

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

Helen of Troy Price Performance

NASDAQ:HELE opened at $28.40 on Friday. The firm has a market capitalization of $661.44 million, a price-to-earnings ratio of -1.58 and a beta of 1.31. Helen of Troy Limited has a 52-week low of $13.85 and a 52-week high of $30.68. The stock has a fifty day moving average of $28.42 and a 200 day moving average of $23.58. 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 posted its earnings results on Wednesday, July 8th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.02 by $0.15. The business 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 firm’s revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.41 earnings per share. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. On average, research analysts expect that Helen of Troy Limited will post 2.84 EPS 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.