Empirical Asset Management LLC Purchases Shares of 20,740 Helen of Troy Limited $HELE

Empirical Asset Management LLC purchased a new position in shares of Helen of Troy Limited (NASDAQ:HELE) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 20,740 shares of the company’s stock, valued at approximately $603,000.

A number of other hedge funds also recently modified their holdings of HELE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Helen of Troy by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company’s stock valued at $724,000 after purchasing an additional 563 shares during the period. Meeder Asset Management Inc. acquired a new position in Helen of Troy during the 2nd quarter worth about $29,000. iSAM Funds UK Ltd acquired a new position in Helen of Troy during the 3rd quarter worth about $27,000. Allworth Financial LP grew its position in shares of Helen of Troy by 922.7% in the 4th quarter. Allworth Financial LP now owns 1,350 shares of the company’s stock valued at $29,000 after buying an additional 1,218 shares during the last quarter. Finally, Larson Financial Group LLC increased its stake in shares of Helen of Troy by 1,323.2% in the third quarter. Larson Financial Group LLC now owns 1,352 shares of the company’s stock valued at $34,000 after buying an additional 1,257 shares during the period.

Analysts Set New Price Targets

A number of research firms recently commented on HELE. Zacks Research lowered Helen of Troy from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Canaccord Genuity Group increased their target price on shares of Helen of Troy from $23.00 to $25.00 and gave the company a “hold” rating in a research report on Thursday, July 9th. Weiss Ratings lowered shares of Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, July 21st. Wall Street Zen upgraded shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a research report on Sunday, July 12th. Finally, UBS Group upped their price objective on shares of Helen of Troy from $25.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $26.50.

Helen of Troy Stock Performance

HELE stock opened at $28.74 on Wednesday. The firm has a market cap of $669.35 million, a PE ratio of -1.60 and a beta of 1.31. The company has a current ratio of 1.78, a quick ratio of 0.81 and a debt-to-equity ratio of 0.82. The stock has a 50-day moving average price of $28.15 and a 200-day moving average price of $22.62. Helen of Troy Limited has a 1-year low of $13.85 and a 1-year high of $30.68.

Helen of Troy (NASDAQ:HELE) last announced its earnings results on Wednesday, July 8th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.02 by $0.15. Helen of Troy had a positive return on equity of 6.46% and a negative net margin of 22.70%.The company had revenue of $402.12 million for the quarter, compared to analyst estimates of $374.55 million. During the same quarter in the prior year, the company earned $0.41 EPS. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. As a group, equities research analysts expect that Helen of Troy Limited will post 2.84 earnings per share for the current 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.