HEICO Corp. (HEI) in Wally Weitz's Multi Cap Equity Fund Q2 2024

Strong Fundamentals and Strategic Synergies

Apr 15, 2025

Summary

Reported strong fundamentals and potential synergies from acquisitions.
Contributed significantly to the fund's quarterly and year-to-date returns.
Valuation-related trimming to manage position size.

HEICO Corp. (HEI, Financial) was a notable contributor in Wally Weitz's Multi Cap Equity Fund 2nd-Quarter Commentary 2024 Q2. The company reported strong fundamentals and outlined potential positive synergies from its recent acquisition of Wencor, which was well-received by investors.

"Investors cheered as Heico reported strong fundamentals and management outlined potential positive synergies from last year's Wencor acquisition." — Wally Weitz, Multi Cap Equity Fund, Q2 2024 Fund Letter

Read full letter at gurufocus Wally Weitz's Multi Cap Equity Fund 2nd-Quarter Commentary 2024 Q2 page.

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