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

Strong Fundamentals and Strategic Acquisitions Drive Growth

Apr 15, 2025

Summary

Reported strong fundamentals and potential synergies from acquisitions.
Top contributor to the fund's quarterly and year-to-date performance.
Valuation-related trims made to manage position size.

HEICO Corp. (HEI, Financial) was a standout performer in Wally Weitz's Multi Cap Equity Fund 2nd-Quarter Commentary 2024 Q2. The company's strong fundamentals and strategic acquisitions, such as the Wencor acquisition, have been instrumental in driving growth and investor confidence.

"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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