STOCK TITAN
  1. Home
  2. News
  3. HEI

Heico Corp. - HEI STOCK NEWS

Welcome to our dedicated news page for Heico (Ticker: HEI), a resource for investors and traders seeking the latest updates and insights on Heico.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Heico's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Heico's position in the market.

News
VPT Announces Release of the New 1600W, GaN-based SGRBX DC-DC Converter
Rhea-AI Summary
VPT, Inc., a HEICO company, introduces the SGRBX, a configurable box solution with GaN technology, offering up to 1600 watts of output power. The SGRBX features low noise, integrated EMI filter, high efficiency up to 96%, and radiation-hardened design for space applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.71%
Tags
none
-
News
HEICO Corporation Reports Strong Growth of 44% in Net Sales, 39% in Operating Income and 23% in Net Income for the First Quarter of Fiscal 2024
Rhea-AI Summary
HEICO Corporation (HEI) reports a 23% increase in net income, reaching $114.7 million in Q1 2024. Net sales surged by 44% to $896.4 million, with operating income up by 39% to $180.2 million. EBITDA rose by 43% to $224.4 million. The Flight Support Group achieved record sales growth, contributing to strong quarterly results. The company anticipates continued growth in fiscal 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
Tags
earnings
-
News
VPT Introduces VSC100-2800S Space COTS DC-DC Converters
Rhea-AI Summary
VPT, Inc., a HEICO company, introduces the VSC100-2800S to the VSC Series of space COTS DC-DC converters. Designed for the 'NewSpace' market, the VSC Series offers output voltages of +3.3 V / 66W, +5 V / 100W, +12 V / 100W, and +15 V / 100W, with radiation performance for low Earth orbit applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.85%
Tags
none
News
HEICO Corporation Announces Regular Quarterly Conference Call
Rhea-AI Summary
HEICO Corporation (HEI) will release its financial results for the first quarter ended January 31, 2024, and hold a conference call on February 27, 2024. The company has two classes of common stock traded on the NYSE, with virtually identical economic aspects but different voting rights. HEICO is primarily engaged in the design, production, servicing, and distribution of products and services to niche segments of various industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
Tags
none
-
News
HEICO Corporation CEO Laurans A. Mendelson Receives Living Legends of Aviation Award
Rhea-AI Summary
HEICO Corporation's Chairman & CEO, Laurans A. Mendelson, received the Kenn Ricci Lifetime Aviation Entrepreneur Award from the Living Legends of Aviation. The award recognizes individuals who have made significant contributions to aviation. Other notable awardees include Prince Harry, The Duke of Sussex, and Lance Toland, Founder & CEO of Lance Toland Associates. HEICO Corporation is primarily engaged in the design, production, servicing, and distribution of products and services to niche segments of the aviation, defense, space, medical, telecommunications, and electronics industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
Tags
none
-
News
HEICO Subsidiary Acquires Exclusive License and Key Related Assets for Select Honeywell Display Product Lines
Rhea-AI Summary
HEICO Corporation and Sunshine Avionics, a subsidiary of HEICO, have entered into an exclusive license and acquired key assets from Honeywell International to support the Boeing 737NG/777 Cockpit Displays and Legacy Displays product lines. The transaction is expected to be accretive to HEICO's earnings. Sunshine Avionics will now produce, sell, and repair Boeing 737NG/777 Cockpit Displays as well as other Legacy Displays for various aircraft. The company has also invested in automatic test equipment and has grown its team to accommodate over 80 members, providing support for over 10,000 Line Replaceable Unit (LRU) repairs annually.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.16%
Tags
acquisition
News
HEICO Corporation Declares Cash Dividend; Sets Annual Meeting and Record Dates
Rhea-AI Summary
HEICO Corporation (NYSE: HEI.A, HEI) declares a $0.10 per share cash dividend, marking its 91st consecutive semi-annual dividend since 1979. The dividend is payable on January 19, 2024, to shareholders of record on January 4, 2024. The company also announced its next annual meeting of shareholders for March 15, 2024. HEICO is primarily engaged in the aviation, defense, space, medical, telecommunications, and electronics industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
Tags
dividends
-
News
HEICO Corporation Reports Record Operating Income and Net Sales for the Fourth Quarter and Full Fiscal Year
Rhea-AI Summary
HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) reported a 54% increase in net sales to a record $936.4 million in the fourth quarter of fiscal 2023, with a 29% increase in operating income to $189.4 million. Full fiscal year 2023 net income, operating income, and net sales set all-time records.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
Tags
earnings
-
News
HEICO Corporation Announces Regular Quarterly Conference Call
Rhea-AI Summary
HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the fourth quarter ended October 31, 2023, on December 18, 2023, after the NYSE closing. The earnings release will be available through the Company's website. HEICO will hold a conference call on December 19, 2023, at 9:00 a.m. Eastern Daylight Time to discuss its fourth quarter results. The Company has two classes of common stock traded on the NYSE, HEI and HEI.A, with virtually identical economic aspects but different voting rights. HEICO Corporation is engaged primarily in the design, production, servicing, and distribution of products and services to niche segments of various industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
Tags
none
News
VPT, Inc. Earns AS9100D Certification
Rhea-AI Summary
VPT, Inc. (NYSE:HEI.A) proudly announces obtaining SAE AS9100 Revision D certification, enhancing its existing suite of certifications and cementing its commitment to excellence in quality and reliability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
Tags
none
Stock HEI logo
Heico Corp.

NYSE:HEI

HEI Rankings

#397 Ranked by Market Cap
#2186 Ranked by Stock Gains
#2092 Ranked by Dividends

HEI Stock Data

23.55B
117.99M
22.84%
69.75%
1.07%
Aircraft Engine and Engine Parts Manufacturing
Manufacturing
Link
US
Hollywood

About HEI

heico corporation, through its subsidiaries, engages in the design, manufacture, and sale of aerospace, defense, and electronics related products and services in the united states and internationally. the company operates through two segments, flight support group (fsg/heico aerospace) and electronic technologies group (etg). heico aerospace offers jet engine and aircraft component replacement parts. it also involves in manufacturing specialty aircraft/defense related parts; offering thermal insulation blankets primarily for aerospace, defense, and commercial applications; subcontracting for original equipment manufacturers (oems); providing specialty parts as a subcontractor for aerospace and industrial oems, and the united states government. in addition, this segment distributes hydraulic, pneumatic, mechanical, and electro-mechanical components for the aviation markets.