Pzena Investment Management LLC Sells 186,395 Shares of Helen of Troy Limited $HELE

Pzena Investment Management LLC lessened its holdings in Helen of Troy Limited (NASDAQ:HELE) by 19.7% during the first quarter, HoldingsChannel reports. The firm owned 761,173 shares of the company’s stock after selling 186,395 shares during the quarter. Pzena Investment Management LLC’s holdings in Helen of Troy were worth $10,976,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. iSAM Funds UK Ltd bought a new stake in shares of Helen of Troy during the 3rd quarter worth $27,000. Farther Finance Advisors LLC grew its position in Helen of Troy by 5,529.2% in the fourth quarter. Farther Finance Advisors LLC now owns 1,351 shares of the company’s stock valued at $29,000 after acquiring an additional 1,327 shares during the last quarter. Allworth Financial LP grew its position in Helen of Troy by 922.7% in the fourth quarter. Allworth Financial LP now owns 1,350 shares of the company’s stock valued at $29,000 after acquiring an additional 1,218 shares during the last quarter. Larson Financial Group LLC raised its stake in Helen of Troy by 1,323.2% during the third quarter. Larson Financial Group LLC now owns 1,352 shares of the company’s stock worth $34,000 after acquiring an additional 1,257 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its stake in Helen of Troy by 497.1% during the fourth quarter. Hantz Financial Services Inc. now owns 2,257 shares of the company’s stock worth $48,000 after acquiring an additional 1,879 shares in the last quarter.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on HELE shares. Wall Street Zen downgraded shares of Helen of Troy from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Canaccord Genuity Group upped their price objective on shares of Helen of Troy from $18.00 to $23.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. Weiss Ratings reissued a “sell (d-)” rating on shares of Helen of Troy in a research note on Wednesday, June 24th. Zacks Research upgraded shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. Finally, UBS Group boosted their target price on shares of Helen of Troy from $16.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $24.00.

Helen of Troy Stock Performance

NASDAQ HELE opened at $28.14 on Friday. The company has a market capitalization of $655.44 million, a price-to-earnings ratio of -0.72 and a beta of 1.31. The company has a quick ratio of 0.81, a current ratio of 1.71 and a debt-to-equity ratio of 0.95. Helen of Troy Limited has a twelve month low of $13.85 and a twelve month high of $33.73. The stock has a fifty day simple moving average of $25.79 and a 200 day simple moving average of $20.67.

Helen of Troy (NASDAQ:HELE) last announced its earnings results on Thursday, April 23rd. The company reported $0.83 EPS 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 firm had revenue of $470.03 million for the quarter, compared to the consensus estimate of $450.38 million. During the same period in the previous year, the business earned $2.33 EPS. The business’s quarterly revenue was down 3.3% compared to the same quarter last year. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. Sell-side analysts expect that Helen of Troy Limited will post 2.81 EPS 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.