Weitz Large Cap Equity Fund’s Investment in HEICO Corporation (HEI) Driven by Return Potential

2 hours ago 3

Soumya Eswaran

Wed, May 13, 2026 astatine 8:18 AM CDT 2 min read

Weitz Investment Management, an concern absorption firm, released its “Large Cap Equity Fund” first-quarter 2026 capitalist letter. A transcript of the missive tin beryllium downloaded here. The Fund’s Institutional Class returned -12.04% successful the quarter, compared to -4.22% for the Bloomberg U.S. 1000 Index. Despite caller show challenges, the Fund maintains a affirmative outlook connected its holding companies' maturation and concern values. The steadfast anticipates improved returns successful the future, though caller results person been frustrating. The Fund continues to absorption connected its champion ideas and plans to actively reshape the portfolio successful effect to marketplace conditions, perchance expanding currency levels much than successful caller years. In addition, delight cheque the Strategy’s apical 5 holdings to cognize its champion picks successful 2026.

In its first-quarter 2026 capitalist letter, Weitz Investment Large Cap Equity Fund highlighted HEICO Corporation (NYSE:HEI). HEICO Corporation (NYSE:HEI) engages successful the plan and manufacturing of aerospace, defense, and electronic-related products and services headquartered successful Hollywood, Florida. On May 12, 2026, HEICO Corporation (NYSE:HEI) closed astatine $287.67 per share. One-month instrumentality of HEICO Corporation (NYSE:HEI) was -1.60%, and its shares gained 6.73% implicit the past 52 weeks. HEICO Corporation (NYSE:HEI) has a marketplace capitalization of $40.14 billion.

Weitz Investment Large Cap Equity Fund stated the pursuing regarding HEICO Corporation (NYSE:HEI) successful its Q1 2026 capitalist letter:

"We besides added caller positions successful Ingersoll Rand and HEICO Corporation (NYSE:HEI) precocious successful the quarter. We person followed some businesses intimately for years. HEICO’s Flight Support Group is champion known for designing and manufacturing aftermarket replacement parts for commercialized aircraft, portion the Electronic Technologies Group makes highly engineered, mission-critical subcomponents for the aircraft, spacecraft, and defence markets. We deliberation HEICO’s banal offers double-digit instrumentality imaginable from the precocious 4th banal terms lows."

HEICO Corporation (NYSE:HEI) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 73 hedge money portfolios held HEICO Corporation (NYSE:HEI) astatine the extremity of the 4th quarter, up from 69 successful the erstwhile quarter. While we admit the imaginable of HEICO Corporation (NYSE:HEI) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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