Aster Capital Management DIFC Ltd Acquires New Position in Helen of Troy Limited $HELE

Aster Capital Management DIFC Ltd purchased a new stake in Helen of Troy Limited (NASDAQ:HELE) in the fourth quarter, Holdings Channel reports. The firm purchased 23,718 shares of the company’s stock, valued at approximately $504,000.

A number of other institutional investors have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Helen of Troy by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company’s stock valued at $724,000 after acquiring an additional 563 shares during the last quarter. Rhumbline Advisers increased its holdings in shares of Helen of Troy by 1.5% in the 3rd quarter. Rhumbline Advisers now owns 74,575 shares of the company’s stock valued at $1,879,000 after acquiring an additional 1,068 shares during the last quarter. iSAM Funds UK Ltd bought a new stake in shares of Helen of Troy in the 3rd quarter valued at approximately $27,000. Allworth Financial LP increased its holdings in shares of Helen of Troy by 922.7% in the 4th quarter. Allworth Financial LP now owns 1,350 shares of the company’s stock valued at $29,000 after acquiring an additional 1,218 shares during the last quarter. Finally, Signaturefd LLC increased its holdings in shares of Helen of Troy by 47.8% in the 4th quarter. Signaturefd LLC now owns 3,829 shares of the company’s stock valued at $81,000 after acquiring an additional 1,238 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on HELE. Canaccord Genuity Group upped their price objective on Helen of Troy from $18.00 to $23.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. Wall Street Zen downgraded Helen of Troy from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. UBS Group upped their price objective on Helen of Troy from $16.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Zacks Research upgraded Helen of Troy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Helen of Troy in a research note on Friday, March 27th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Helen of Troy has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

Helen of Troy Trading Down 3.6%

NASDAQ:HELE opened at $28.79 on Tuesday. Helen of Troy Limited has a 1 year low of $13.85 and a 1 year high of $33.73. The stock has a market cap of $669.66 million, a price-to-earnings ratio of -0.74 and a beta of 1.34. The business has a fifty day moving average of $23.10 and a 200-day moving average of $19.99. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.81 and a current ratio of 1.71.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.09. Helen of Troy had a positive return on equity of 7.00% and a negative net margin of 50.33%.The company had revenue of $470.03 million during the quarter, compared to analysts’ expectations of $450.38 million. During the same quarter in the prior year, the business posted $2.33 earnings per share. The company’s revenue for the quarter was down 3.3% compared to the same quarter last year. Helen of Troy has set its FY 2027 guidance at 3.250-3.750 EPS. Equities analysts predict that Helen of Troy Limited will post 2.81 earnings per share for the current 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.