Healthcare of Ontario Pension Plan Trust Fund Has $2.59 Million Holdings in Helen of Troy Limited $HELE

Healthcare of Ontario Pension Plan Trust Fund cut its holdings in shares of Helen of Troy Limited (NASDAQ:HELE) by 22.4% during the 1st quarter, Holdings Channel reports. The firm owned 179,500 shares of the company’s stock after selling 51,891 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Helen of Troy were worth $2,588,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Millennium Management LLC boosted its stake in shares of Helen of Troy by 164.9% in the fourth 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 during the period. Paradigm Capital Management Inc. NY bought a new position in Helen of Troy during the 4th quarter worth $11,989,000. RWWM Inc. increased its stake in Helen of Troy by 85.7% during the 1st quarter. RWWM Inc. now owns 1,173,829 shares of the company’s stock worth $16,927,000 after acquiring an additional 541,689 shares during the period. UBS Group AG raised its holdings in Helen of Troy by 386.0% in the 4th quarter. UBS Group AG now owns 616,992 shares of the company’s stock valued at $13,111,000 after acquiring an additional 490,031 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of Helen of Troy by 159.2% during the 3rd quarter. Wellington Management Group LLP now owns 747,220 shares of the company’s stock valued at $18,830,000 after acquiring an additional 458,979 shares during the period.

Helen of Troy Stock Down 0.9%

NASDAQ HELE opened at $27.63 on Friday. The business has a fifty day moving average price of $27.42 and a two-hundred day moving average price of $21.71. 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 fifty-two week low of $13.85 and a fifty-two week high of $30.68. The stock has a market capitalization of $643.50 million, a PE ratio of -1.54 and a beta of 1.31.

Helen of Troy (NASDAQ:HELE) last issued its earnings results on Wednesday, July 8th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $402.12 million for the quarter, compared to the consensus estimate of $374.55 million. During the same quarter last year, the business posted $0.41 EPS. The company’s revenue 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. Equities analysts expect that Helen of Troy Limited will post 2.85 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Zacks Research lowered Helen of Troy from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Weiss Ratings downgraded Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. Canaccord Genuity Group upped their price objective on shares of Helen of Troy from $23.00 to $25.00 and gave the stock a “hold” rating in a research report on Thursday, July 9th. Wall Street Zen raised 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 increased their price objective on shares of Helen of Troy from $25.00 to $28.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $26.50.

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.