21,543 Shares in Helen of Troy Limited $HELE Bought by Man Group plc

Man Group plc acquired a new stake in Helen of Troy Limited (NASDAQ:HELE) during the second quarter, according to its most recent filing with the SEC. The firm acquired 21,543 shares of the company’s stock, valued at approximately $626,000. Man Group plc owned about 0.09% of Helen of Troy at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Helen of Troy in the second quarter valued at about $54,740,000. Pzena Investment Management LLC acquired a new position in Helen of Troy during the 2nd quarter worth approximately $19,668,000. Millennium Management LLC raised its stake in shares of Helen of Troy by 164.9% during the 4th quarter. Millennium Management LLC now owns 1,049,381 shares of the company’s stock worth $22,299,000 after buying an additional 653,300 shares in the last quarter. Paradigm Capital Management Inc. NY acquired a new stake in shares of Helen of Troy in the 4th quarter valued at approximately $11,989,000. Finally, RWWM Inc. lifted its holdings in shares of Helen of Troy by 85.7% in the 1st quarter. RWWM Inc. now owns 1,173,829 shares of the company’s stock valued at $16,927,000 after buying an additional 541,689 shares during the period.

Wall Street Analysts Forecast Growth

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

Helen of Troy Price Performance

Helen of Troy stock opened at $28.18 on Friday. The firm has a market capitalization of $656.31 million, a PE ratio of -1.57 and a beta of 1.31. Helen of Troy Limited has a 52 week low of $13.85 and a 52 week high of $30.68. The firm’s 50-day simple moving average is $28.42 and its 200 day simple moving average is $23.55. The company has a quick ratio of 0.81, a current ratio of 1.78 and a debt-to-equity ratio of 0.82.

Helen of Troy (NASDAQ:HELE) last announced its earnings results on Wednesday, July 8th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.15. Helen of Troy had a negative net margin of 22.70% and a positive return on equity of 6.46%. The company had revenue of $402.12 million during the quarter, compared to analysts’ expectations of $374.55 million. During the same quarter in the previous year, the business posted $0.41 earnings per share. The firm’s quarterly 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. On average, equities research analysts predict that Helen of Troy Limited will post 2.84 EPS for the current fiscal year.

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.