CastleKnight Management LP Decreases Holdings in Helen of Troy Limited $HELE

CastleKnight Management LP trimmed its holdings in shares of Helen of Troy Limited (NASDAQ:HELE) by 4.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 468,300 shares of the company’s stock after selling 23,600 shares during the quarter. CastleKnight Management LP’s holdings in Helen of Troy were worth $9,951,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in HELE. Royal Bank of Canada raised its position in shares of Helen of Troy by 60.2% during the 1st quarter. Royal Bank of Canada now owns 7,102 shares of the company’s stock valued at $380,000 after buying an additional 2,670 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Helen of Troy by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company’s stock valued at $724,000 after buying an additional 563 shares in the last quarter. Millennium Management LLC purchased a new stake in shares of Helen of Troy during the 1st quarter valued at about $14,013,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Helen of Troy by 16.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 74,309 shares of the company’s stock valued at $3,975,000 after buying an additional 10,397 shares in the last quarter. Finally, American Century Companies Inc. raised its position in shares of Helen of Troy by 4.6% during the 2nd quarter. American Century Companies Inc. now owns 57,265 shares of the company’s stock valued at $1,625,000 after buying an additional 2,503 shares in the last quarter.

Helen of Troy Price Performance

Shares of HELE stock opened at $26.47 on Thursday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.71 and a quick ratio of 0.81. The company has a market capitalization of $615.69 million, a P/E ratio of -0.68 and a beta of 1.34. The company’s 50-day simple moving average is $23.60 and its two-hundred day simple moving average is $20.11. Helen of Troy Limited has a one year low of $13.85 and a one year high of $33.73.

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

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on HELE shares. Wall Street Zen cut shares of Helen of Troy from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Zacks Research upgraded shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. Canaccord Genuity Group upped their price target on shares of Helen of Troy from $18.00 to $23.00 and gave the company a “hold” rating in a report on Friday, April 24th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Helen of Troy in a report on Friday, March 27th. Finally, UBS Group upped their price target on shares of Helen of Troy from $16.00 to $25.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Two research 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. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $24.00.

Trending Headlines about Helen of Troy

Here are the key news stories impacting Helen of Troy this week:

• Positive Sentiment: Helen of Troy was highlighted by Zacks as one of four cosmetics stocks benefiting from favorable industry trends, including stronger skincare demand, product innovation, and expanding digital channels. Article Title
• Neutral Sentiment: Several law firms issued investor reminders and lead-plaintiff notices related to the already-filed class action against Helen of Troy, which mainly reinforces the lawsuit timeline rather than adding new business developments. Article Title
• Negative Sentiment: The class-action filings allege misleading statements about operational health and distribution-center failures, creating a legal overhang that may keep pressure on HELE shares until the claims are resolved. Article Title

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.