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HEICO Corp (HEI.N)

HEI.N on New York Stock Exchange

96.13USD
15 Dec 2017
Change (% chg)

$4.33 (+4.72%)
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Latest Key Developments (Source: Significant Developments)

Heico Corporation Declares A 5-For-4 Stock Split, Increases The Semi-Annual Cash Dividend By 9 Percent
Friday, 15 Dec 2017 09:00am EST 

Dec 15 (Reuters) - Heico Corp ::HEICO CORPORATION DECLARES A 5-FOR-4 STOCK SPLIT, INCREASES THE SEMI-ANNUAL CASH DIVIDEND BY 9 PERCENT AND SETS THE ANNUAL MEETING AND RECORD DATE.HEICO CORP- STOCK SPLIT WILL BE EFFECTED IN FORM OF A 25% STOCK DIVIDEND ON EACH CLASS OF CO'S SHARES.  Full Article

Heico Corp announces record $1.3 billion credit facility
Tuesday, 7 Nov 2017 08:31am EST 

Nov 7 (Reuters) - Heico Corp :Heico Corporation announces record $1.3 billion credit facility.Heico - ‍Credit facility may be increased to $1.65 billion under some circumstances & replaces its $1.0 billion revolving credit facility.  Full Article

Heico corp subsidiary acquires Interface Displays & Controls Inc
Monday, 6 Nov 2017 08:30am EST 

Nov 6 (Reuters) - Heico Corp :Heico Corporation subsidiary acquires Interface Displays & Controls, Inc..Heico Corp - ‍expects acquisition to be accretive to its earnings within a year following purchase​.Heico Corp - ‍further financial terms and details were not disclosed​.Heico Corp - ‍its Radiant Power Corp acquired Interface Displays & Controls, Inc in an all cash transaction​.  Full Article

HEICO ‍reports Q3 earnings per share of $0.53​
Wednesday, 23 Aug 2017 04:30pm EDT 

Aug 23 (Reuters) - Heico Corp :HEICO Corp reports record net income and net sales for the third quarter of fiscal 2017; full fiscal year 2017 net income and net sales growth estimates raised.Q3 earnings per share $0.53.Q3 sales $391.5 million versus I/B/E/S view $390.7 million.Q3 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.‍Increasing estimated consolidated fiscal 2017 year-over-year growth in net sales to 9 percent - 11 percent​.HEICO - ‍with respect to remainder of fiscal 2017, now estimate high-single digit growth in flight support group's net sales over fiscal 2016 levels​.Now anticipate capital expenditures to approximate $31 million​ for consolidated fiscal 2017.  Full Article

Heico to buy Aeroantenna Technology in its largest acquisition
Friday, 18 Aug 2017 08:00am EDT 

Aug 18 (Reuters) - Heico Corp :Heico Corporation announces its largest acquisition.Heico Corp - deal for ‍$316.5 million in cash​.Heico Corp - Heico stated purchase price is $316.5 million in cash to be paid at closing​.Heico Corp - its electronic technologies group entered into a stock purchase agreement to acquire 100% of stock of Aeroantenna Technology Inc..Heico Corp - ‍expects acquisition to be accretive to its earnings within first year following closing​.Heico Corp - ‍additional financial details were not disclosed.​.Heico Corp - ‍purchase price includes about $37 million to compensate sellers for tax elections which will result in a net cash tax benefit to Heico.Heico Corp - AAT would continue to operate in same location with current management in place.Heico Corp - ‍no material staff turnover is expected post-acquisition.​.  Full Article

Heico Corp acquires composites manufacturer Carbon by Design
Tuesday, 20 Jun 2017 04:00am EDT 

June 20 (Reuters) - Heico Corp ::Heico acquires innovative composites manufacturer.Heico stated that it expects acquisition to be accretive to its earnings within first year following acquisition.Purchase price and financial details were not disclosed..Today announced that its flight support group has acquired 100% of carbon by design.  Full Article

Heico Corporation increases semi-annual cash dividend by 11 percent
Tuesday, 13 Jun 2017 08:30am EDT 

June 13 (Reuters) - Heico Corp ::Heico Corporation increases semi-annual cash dividend by 11 percent.Increases half year cash dividend by 11 percent.Sets regular half year cash dividend of $0.08per share.  Full Article

Heico Corp declares 5-for-4 stock split
Monday, 20 Mar 2017 08:30am EDT 

Heico Corp : Heico Corporation declares 5-for-4 stock split .Heico Corp - stock split will be effected in form of a 25% stock dividend on each class of company's shares and is payable on april 18, 2017.  Full Article

Luoyang Bearing Science and Technology says China National Machinery Industry Corporation raises stake in it to 56.7 pct from 43.3 pct
Friday, 3 Mar 2017 01:02am EST 

Luoyang Bearing Science and Technology Co Ltd <002046.SZ>:Says China National Machinery Industry Corporation raised stake in it to 56.7 percent from 43.3 percent due to private placement of new shares for acquisition and fund raising.  Full Article

Heico Q1 earnings per share $0.59
Tuesday, 28 Feb 2017 04:15pm EST 

Heico Corp : Heico Corporation reports outstanding growth in net income, operating income and net sales for the first quarter of fiscal 2017; full fiscal year 2017 net sales and net income growth estimates raised . Q1 earnings per share $0.59 . Q1 sales $343.4 million versus I/B/E/S view $339.3 million . Q1 earnings per share view $0.54 -- Thomson Reuters I/B/E/S . Heico Corp says it is increasing estimated consolidated fiscal 2017 year-over-year growth in net sales to 6% - 8% . Heico Corp - anticipate 2017 capital expenditures to approximate $38 million . Heico Corp -anticipate 2017 cash flow from operations to approximate $260 million .Fy2017 revenue view $1.47 billion -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Heico Corporation Declares A 5-For-4 Stock Split, Increases The Semi-Annual Cash Dividend By 9 Percent

* HEICO CORPORATION DECLARES A 5-FOR-4 STOCK SPLIT, INCREASES THE SEMI-ANNUAL CASH DIVIDEND BY 9 PERCENT AND SETS THE ANNUAL MEETING AND RECORD DATE