HEICO Corp has a significant shareholder disclosure from Principal Global Investors, LLC and Principal Funds, Inc., filed as an amended Schedule 13G. As of June 30, 2026, these reporting persons together are shown as beneficially owning 7,289,366 shares of HEICO Class A Common Stock, representing 8.6% of that class.
Within this total, the Principal MidCap Fund, a series of Principal Funds, Inc., held 5,052,382 shares, equal to 6.0% of the Class A shares. The filing states that the reporting entities have shared voting and dispositive power over the reported shares, and no sole voting or dispositive power. The statement is filed jointly under a Joint Filing Agreement.
Positive
None.
Negative
None.
Key Figures
Beneficial ownership:7,289,366 sharesOwnership percentage:8.6%Principal MidCap Fund holdings:5,052,382 shares+3 more
6 metrics
Beneficial ownership7,289,366 sharesClass A Common Stock beneficially owned by reporting persons as of June 30, 2026
Ownership percentage8.6%Percent of HEICO Class A Common Stock beneficially owned by reporting persons
Principal MidCap Fund holdings5,052,382 sharesHEICO Class A shares held by Principal MidCap Fund as of June 30, 2026
Principal MidCap Fund ownership6.0%Percent of HEICO Class A Common Stock held by Principal MidCap Fund
Shared voting power7,289,366 sharesShares over which reporting persons have shared voting power
Shared dispositive power7,289,366 sharesShares over which reporting persons have shared dispositive power
Key Terms
beneficially owned, shared voting power, shared dispositive power, Ownership of more than 5 Percent, +1 more
5 terms
beneficially ownedfinancial
"Amount beneficially owned: 7,289,366"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting powerfinancial
"Shared Voting Power 7,289,366.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 7,289,366.00"
Ownership of more than 5 Percentregulatory
"Item 6. | Ownership of more than 5 Percent on Behalf of Another Person."
Schedule 13Gregulatory
"This statement is filed ... jointly pursuant to a Joint Filing Agreement"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of HEICO Corp (HEI) Class A shares is reported by Principal entities?
Principal Global Investors and Principal Funds, Inc. report beneficial ownership of 7,289,366 HEICO Class A shares, representing 8.6% of the outstanding class as of June 30, 2026.
How many HEICO (HEI) shares does Principal MidCap Fund specifically hold?
The Principal MidCap Fund, a series of Principal Funds, Inc., held 5,052,382 HEICO Class A shares, representing 6.0% of that class as of June 30, 2026.
Do the Principal entities have sole or shared voting power over HEICO (HEI) shares?
The reporting entities disclose 0 shares with sole voting power and 7,289,366 shares with shared voting power over HEICO Class A stock as of June 30, 2026.
What dispositive power over HEICO (HEI) stock is reported by Principal entities?
They report no sole dispositive power and shared dispositive power over 7,289,366 shares of HEICO Class A Common Stock, aligning with their reported beneficial ownership.
Who signed the HEICO (HEI) Schedule 13G/A on behalf of the Principal entities?
The filing was signed by J. Markham Penrod, Chief Compliance Officer – North America, Principal Asset Management, and John L. Sullivan, Counsel and Assistant Secretary.
Are Principal Global Investors and Principal Funds, Inc. filing jointly for HEICO (HEI)?
Yes. The Schedule 13G/A states that Principal Global Investors, LLC and Principal Funds, Inc. file jointly pursuant to a Joint Filing Agreement included as Exhibit 99.1.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)
HEICO CORP
(Name of Issuer)
Class A Common Stock, $.01 par value per share
(Title of Class of Securities)
422806208
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
422806208
1
Names of Reporting Persons
PRINCIPAL GLOBAL INVESTORS
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
7,289,366.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
7,289,366.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,289,366.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.6 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
422806208
1
Names of Reporting Persons
PRINCIPAL FUNDS, INC.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MARYLAND
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,052,382.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
5,052,382.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,052,382.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6 %
12
Type of Reporting Person (See Instructions)
IV
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
HEICO CORP
(b)
Address of issuer's principal executive offices:
3000 TAFT ST, HOLLYWOOD, FLORIDA
33021
Item 2.
(a)
Name of person filing:
PRINCIPAL GLOBAL INVESTORS
PRINCIPAL FUNDS, INC.
(b)
Address or principal business office or, if none, residence:
PRINCIPAL GLOBAL INVESTORS
711 HIGH STREET
DES MOINES, Iowa
50392-0300
PRINCIPAL FUNDS, INC.
711 HIGH STREET
DES MOINES, Iowa
50392-0300
(c)
Citizenship:
PRINCIPAL GLOBAL INVESTORS - DELAWARE
PRINCIPAL FUNDS, INC. - MARYLAND
(d)
Title of class of securities:
Class A Common Stock, $.01 par value per share
(e)
CUSIP No.:
422806208
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
7,289,366
(b)
Percent of class:
8.6 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
PRINCIPAL GLOBAL INVESTORS - 0
PRINCIPAL FUNDS, INC. - 0
(ii) Shared power to vote or to direct the vote:
PRINCIPAL GLOBAL INVESTORS - 7,289,366
PRINCIPAL FUNDS, INC. - 5,052,382
(iii) Sole power to dispose or to direct the disposition of:
PRINCIPAL GLOBAL INVESTORS - 0
PRINCIPAL FUNDS, INC. - 0
(iv) Shared power to dispose or to direct the disposition of:
PRINCIPAL GLOBAL INVESTORS - 7,289,366
PRINCIPAL FUNDS, INC. - 5,052,382
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
As of June 30, 2026 the Principal MidCap Fund, a series to the Principal Funds, Inc., had ownership of 5,052,382 shares representing 6.0%.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
PRINCIPAL GLOBAL INVESTORS
Signature:
/s/ J. Markham Penrod
Name/Title:
J. Markham Penrod, Chief Compliance Officer - North America, Principal Asset Management
Date:
07/31/2026
PRINCIPAL FUNDS, INC.
Signature:
/s/ John L. Sullivan
Name/Title:
John L. Sullivan, Counsel and Assistant Secretary
Date:
08/05/2026
Exhibit Information
This statement is filed by Principal Global Investors, LLC and Principal Funds, Inc. jointly pursuant to a Joint Filing Agreement, which is filed with this Schedule 13G as Exhibit 99.1.
