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 Video: What is a Stock Split?
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| HEICO is a holding company. Through its subsidiaries, Co. manufactures jet engine and aircraft component replacement parts. Co. is also a manufacturer of various types of electronic equipment for the aviation, defense, space, medical, telecommunications and electronics industries. Co.'s segments are: Flight Support Group, which designs and manufactures jet engine and aircraft component replacement parts for sale; and Electronic Technologies Group, which designs, manufactures and sells various types of electronic, data and microwave, and electro-optical products, memory products, radio frequency sources, detectors and controllers, silicone material for various of applications, and others. According to our HEI split history records, HEICO has had 17 splits. | |
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HEICO (HEI) has 17 splits in our HEI split history database. The first split for HEI took place on January 11, 1996. This was a 11 for 10
split, meaning for each 10
shares of HEI owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split. HEI's second split took place on April 25, 1996. This was a 3 for 2
split, meaning for each 2
shares of HEI owned pre-split, the shareholder now owned 3 shares. For example, a 1100 share position pre-split, became a 1650 share position following the split. HEI's third split took place on January 06, 1997. This was a 11 for 10
split, meaning for each 10
shares of HEI owned pre-split, the shareholder now owned 11 shares. For example, a 1650 share position pre-split, became a 1815 share position following the split. HEI's 4th split took place on December 17, 1997. This was a 3 for 2
split, meaning for each 2
shares of HEI owned pre-split, the shareholder now owned 3 shares. For example, a 1815 share position pre-split, became a 2722.5 share position following the split. HEI's 5th split took place on April 24, 1998. This was a 3 for 2
split, meaning for each 2
shares of HEI owned pre-split, the shareholder now owned 3 shares. For example, a 2722.5 share position pre-split, became a 4083.75 share position following the split. HEI's 6th split took place on July 06, 2000. This was a 110 for 100
split, meaning for each 100
shares of HEI owned pre-split, the shareholder now owned 110 shares. For example, a 4083.75 share position pre-split, became a 4492.125 share position following the split. HEI's 7th split took place on August 08, 2001. This was a 11 for 10 split, meaning for each 10 shares of HEI owned pre-split, the shareholder now owned 11 shares. For example, a 4492.125 share position pre-split, became a 4941.3375 share position following the split. HEI's 8th split took place on January 02, 2004. This was a 11 for 10 split, meaning for each 10 shares of HEI owned pre-split, the shareholder now owned 11 shares. For example, a 4941.3375 share position pre-split, became a 5435.47125 share position following the split. HEI's 9th split took place on April 27, 2010. This was a 5 for 4 split, meaning for each 4 shares of HEI owned pre-split, the shareholder now owned 5 shares. For example, a 5435.47125 share position pre-split, became a 6794.3390625 share position following the split. HEI's 10th split took place on April 26, 2011. This was a 5 for 4 split, meaning for each 4 shares of HEI owned pre-split, the shareholder now owned 5 shares. For example, a 6794.3390625 share position pre-split, became a 8492.923828125 share position following the split. HEI's 11th split took place on April 25, 2012. This was a 5 for 4 split, meaning for each 4 shares of HEI owned pre-split, the shareholder now owned 5 shares. For example, a 8492.923828125 share position pre-split, became a 10616.1547851563 share position following the split. HEI's 12th split took place on July 05, 1995. This was a 11 for 10 split, meaning for each 10 shares of HEI owned pre-split, the shareholder now owned 11 shares. For example, a 10616.1547851563 share position pre-split, became a 11677.7702636719 share position following the split. HEI's 13th split took place on July 10, 1996. This was a 11 for 10 split, meaning for each 10 shares of HEI owned pre-split, the shareholder now owned 11 shares. For example, a 11677.7702636719 share position pre-split, became a 12845.5472900391 share position following the split. HEI's 14th split took place on October 23, 2013. This was a 5 for 4 split, meaning for each 4 shares of HEI owned pre-split, the shareholder now owned 5 shares. For example, a 12845.5472900391 share position pre-split, became a 16056.9341125488 share position following the split. HEI's 15th split took place on April 19, 2017. This was a 5 for 4 split, meaning for each 4 shares of HEI owned pre-split, the shareholder now owned 5 shares. For example, a 16056.9341125488 share position pre-split, became a 20071.167640686 share position following the split. HEI's 16th split took place on January 18, 2018. This was a 125 for 100 split, meaning for each 100 shares of HEI owned pre-split, the shareholder now owned 125 shares. For example, a 20071.167640686 share position pre-split, became a 25088.9595508576 share position following the split. HEI's 17th split took place on June 28, 2018. This was a 125 for 100 split, meaning for each 100 shares of HEI owned pre-split, the shareholder now owned 125 shares. For example, a 25088.9595508576 share position pre-split, became a 31361.1994385719 share position following the split.
When a company such as HEICO splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the HEI split history from start to finish, an original position size of 1000 shares would have turned into 31361.1994385719 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into HEICO shares, starting with a $10,000 purchase of HEI, presented on a split-history-adjusted basis factoring in the complete HEI split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/19/2024 |
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| Start price/share: |
$29.71 |
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| End price/share: |
$197.10 |
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| Starting shares: |
336.59 |
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| Ending shares: |
342.50 |
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| Dividends reinvested/share: |
$1.35 |
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| Total return: |
575.06% |
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| Average Annual Total Return: |
21.04% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$67,497.73 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
04/19/2024 |
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| Start price/share: |
$29.71 |
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| End price/share: |
$197.10 |
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| Dividends collected/share: |
$1.35 |
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| Total return: |
567.95% |
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| Average Annual Total Return: |
20.91% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$66,776.28 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 01/11/1996 | 11 for 10
| | 04/25/1996 | 3 for 2
| | 01/06/1997 | 11 for 10
| | 12/17/1997 | 3 for 2
| | 04/24/1998 | 3 for 2
| | 07/06/2000 | 110 for 100
| | 08/08/2001 | 11 for 10 | | 01/02/2004 | 11 for 10 | | 04/27/2010 | 5 for 4 | | 04/26/2011 | 5 for 4 | | 04/25/2012 | 5 for 4 | | 07/05/1995 | 11 for 10 | | 07/10/1996 | 11 for 10 | | 10/23/2013 | 5 for 4 | | 04/19/2017 | 5 for 4 | | 01/18/2018 | 125 for 100 | | 06/28/2018 | 125 for 100 |
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