Prescott Group Capital Management L.L.C. Acquires New Shares in Helen of Troy Limited $HELE

Prescott Group Capital Management L.L.C. acquired a new stake in shares of Helen of Troy Limited (NASDAQ:HELE) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 110,291 shares of the company’s stock, valued at approximately $2,344,000. Prescott Group Capital Management L.L.C. owned 0.48% of Helen of Troy as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HELE. UBS Group AG raised its stake in shares of Helen of Troy by 386.0% during the 4th quarter. UBS Group AG now owns 616,992 shares of the company’s stock valued at $13,111,000 after purchasing an additional 490,031 shares during the period. Wellington Management Group LLP increased its stake in Helen of Troy by 159.2% in the 3rd quarter. Wellington Management Group LLP now owns 747,220 shares of the company’s stock worth $18,830,000 after acquiring an additional 458,979 shares during the last quarter. RWWM Inc. increased its stake in Helen of Troy by 167.1% in the 3rd 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 last quarter. Ameriprise Financial Inc. increased its stake in Helen of Troy by 213.9% in the 2nd 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 during the last quarter. Finally, Millennium Management LLC bought a new position in Helen of Troy in the 1st quarter worth about $14,013,000.

Analyst Ratings Changes

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

Helen of Troy Trading Down 1.7%

NASDAQ HELE opened at $23.95 on Thursday. Helen of Troy Limited has a fifty-two week low of $13.85 and a fifty-two week high of $33.73. 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 stock has a 50 day simple moving average of $18.97 and a two-hundred day simple moving average of $18.99. The stock has a market cap of $557.08 million, a P/E ratio of -0.61 and a beta of 1.29.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings data on Thursday, April 23rd. The company reported $0.83 earnings per share for the quarter, topping the consensus estimate 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 EPS. The business’s revenue 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. On average, analysts forecast that Helen of Troy Limited will post 2.81 earnings per share for the current 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.