Congress Asset Management Co. Sells 49,186 Shares of Heico Corporation

The firm lowered its position in the aerospace company's stock by 18.1% in the 4th quarter.

Mar. 24, 2026 at 8:38am

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Congress Asset Management Co. lowered its position in shares of Heico Corporation (NYSE:HEI) by 18.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 223,297 shares of the aerospace company's stock after selling 49,186 shares during the period.

Why it matters

Heico is a major player in the aerospace industry, providing replacement components, repair services, and engineered systems for commercial, business, military, and space markets. Congress Asset Management Co.'s reduced stake in the company could signal a shift in investor sentiment or portfolio strategy.

The details

According to the 13F filing, Congress Asset Management Co. owned about 0.16% of Heico at the end of the reporting period. The firm's position was valued at $72,257,000. Other large investors have also made changes to their Heico holdings, with some increasing and others decreasing their stakes.

  • The filing covers the 4th quarter of the year.

The players

Congress Asset Management Co.

An investment management firm that lowered its position in Heico Corporation.

Heico Corporation

An aerospace, defense, and electronics company that designs, manufactures, and sells a range of products and provides repair and aftermarket services.

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The takeaway

This filing highlights the shifting investment landscape around Heico, a key player in the aerospace industry. While some investors are reducing their positions, others may see opportunities in the company's products and services. The overall market sentiment towards Heico will be important to monitor going forward.