Rubric Capital Management LP Increases Stock Holdings in Helen of Troy Limited $HELE

Rubric Capital Management LP grew its stake in shares of Helen of Troy Limited (NASDAQ:HELE) by 42.5% during the first quarter, Holdings Channel reports. The firm owned 366,226 shares of the company’s stock after purchasing an additional 109,289 shares during the period. Rubric Capital Management LP’s holdings in Helen of Troy were worth $5,281,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of HELE. iSAM Funds UK Ltd purchased a new position in shares of Helen of Troy in the 3rd quarter valued at $27,000. Farther Finance Advisors LLC lifted 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 lifted 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 boosted its stake in 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 acquiring an additional 1,257 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in Helen of Troy by 497.1% in the fourth quarter. Hantz Financial Services Inc. now owns 2,257 shares of the company’s stock valued at $48,000 after acquiring an additional 1,879 shares in the last quarter.

Analyst Upgrades and Downgrades

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

Helen of Troy Stock Down 0.7%

Shares of NASDAQ:HELE opened at $28.27 on Tuesday. The stock has a market cap of $658.46 million, a P/E ratio of -1.57 and a beta of 1.31. The firm has a fifty day moving average price of $27.14 and a 200 day moving average price of $21.50. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.78 and a quick ratio of 0.81. 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 issued its quarterly earnings data on Wednesday, July 8th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.15. The company had revenue of $402.12 million for 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%. Helen of Troy’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period last year, the firm posted $0.41 EPS. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. Sell-side analysts predict that Helen of Troy Limited will post 2.85 EPS for the current year.

Helen of Troy Company 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.