HEICO (NYSE:HEI) Reports Bullish Q2 CY2026

HEICO Corp (HEI) reported Q3 2026 earnings, beating estimates with $1.67 EPS and $1.41B revenue. The company's Electronic Technologies Group saw a 55% year-over-year increase in operating income, driven by defense and aerospace electronics demand. Management anticipates continued sales growth in both segments for the rest of fiscal 2026.

HEICO CORP (HEI) filed an SEC Form 8-K — Results of Operations and Financial Condition.

Heidelberg Materials (HEI) reported strong Q2 2026 revenue and RCO growth, including the first positive volume impact in over four years. The company said M&A activity accelerated and cost and pricing actions offset inflation, but margin pressure persists in Asia and cement. Guidance was narrowed to EUR 3.4–3.65 billion RCO.

Ahead of Q2 earnings, Morgan Stanley kept a constructive view on aerospace and defense, citing resilient commercial demand, improving aircraft production, and durable aftermarket needs. It noted Boeing 737 MAX at 47 aircraft per month. For defense, it argued a $1.1T FY2027 base budget is underestimated. It downgraded Loar and TransDigm, cut CAE and Voyager, and adjusted price targets for multiple firms.

Berkshire Hathaway’s Q1 2026 13F, filed May 15, shows Greg Abel’s first full quarter as CEO. The firm sold stakes in 16 companies and trimmed others, cutting its equity portfolio from about $274B to $263B and holdings from ~40 to 29. It was a net seller, buying ~$16B and selling ~$24B. Full exits included Visa, Mastercard, UnitedHealth, Domino’s, and Amazon; new buys included Delta and Macy’s, and Alphabet was increased.

US Q1 GDP was revised to +1.6% (q/q annualized) from +2.0% expected; Q1 personal consumption was cut to +1.4%, while core PCE rose to a 3-year high of +4.4%. Apr new home sales fell 6.2% m/m to 622k. Stocks rebounded after Axios reported a preliminary US-Iran deal to extend the ceasefire 60 days and begin nuclear talks. Fed hawkishness weighed; markets priced a 3% chance of a 25 bp June cut.