Paradigm Capital Management Inc. NY Buys Shares of 488,000 Helen of Troy Limited $HELE

Paradigm Capital Management Inc. NY bought a new position in Helen of Troy Limited (NASDAQ:HELE) in the second quarter, Holdings Channel reports. The institutional investor bought 488,000 shares of the company’s stock, valued at approximately $14,186,000.

Other institutional investors have also modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Helen of Troy during the 2nd quarter valued at about $54,740,000. Pzena Investment Management LLC purchased a new stake in shares of Helen of Troy in the second quarter valued at about $19,668,000. Millennium Management LLC increased its position in Helen of Troy by 164.9% during the fourth quarter. Millennium Management LLC now owns 1,049,381 shares of the company’s stock worth $22,299,000 after purchasing an additional 653,300 shares during the last quarter. RWWM Inc. raised its stake in Helen of Troy by 85.7% during the first quarter. RWWM Inc. now owns 1,173,829 shares of the company’s stock worth $16,927,000 after purchasing an additional 541,689 shares during the period. Finally, UBS Group AG raised its stake in Helen of Troy by 386.0% during the fourth quarter. UBS Group AG now owns 616,992 shares of the company’s stock worth $13,111,000 after purchasing an additional 490,031 shares during the period.

Helen of Troy Price Performance

HELE opened at $28.58 on Tuesday. The stock’s 50-day moving average price is $28.11 and its 200 day moving average price is $22.94. Helen of Troy Limited has a 12-month low of $13.85 and a 12-month high of $30.68. 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 firm has a market cap of $665.63 million, a price-to-earnings ratio of -1.59 and a beta of 1.31.

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

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Canaccord Genuity Group increased their price target on shares of Helen of Troy from $23.00 to $25.00 and gave the company a “hold” rating in a research note 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. Zacks Research cut Helen of Troy from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. UBS Group increased their price objective 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. Finally, Weiss Ratings cut Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Helen of Troy currently has a consensus rating of “Hold” and an average price target of $26.50.

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.