Vanguard Group Maintains 8.0% Stake in Helen of Troy Ltd

TL;DR

**Vanguard still owns 8.0% of Helen of Troy, showing they're sticking with the stock.**

AI Summary

The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, for its holdings in Helen of Troy Ltd. This filing, Amendment No. 14, indicates that as of December 29, 2023, Vanguard holds 1,902,306 shares of Helen of Troy's Common Stock, representing 8.0% of the company's outstanding shares. This matters to investors because Vanguard remains a significant institutional shareholder, suggesting continued confidence in Helen of Troy, a company known for electric housewares and fans.

Why It Matters

Vanguard's continued significant ownership signals institutional confidence in Helen of Troy, which can influence other investors and potentially stabilize the stock price.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant institutional ownership, which generally reduces volatility and risk for other shareholders.

Analyst Insight

Investors should note Vanguard's continued substantial holding as a sign of long-term institutional interest, but this filing alone doesn't suggest immediate price catalysts. It's a confirmation of existing ownership, not a new investment decision.

Key Numbers

• 1,902,306 — Shares Owned (The total number of Helen of Troy Ltd Common Stock shares beneficially owned by The Vanguard Group.)
• 8.0% — Ownership Percentage (The percentage of Helen of Troy Ltd's Common Stock owned by The Vanguard Group, indicating a significant stake.)
• 14 — Amendment Number (This is the 14th amendment to Vanguard's Schedule 13G filing for Helen of Troy Ltd, showing ongoing reporting.)

Key Players & Entities

• The Vanguard Group (company) — reporting person and major shareholder
• Helen of Troy Ltd (company) — subject company, manufacturer of electric housewares and fans
• 1,902,306 (dollar_amount) — number of shares beneficially owned by Vanguard
• 8.0% (dollar_amount) — percentage of class beneficially owned by Vanguard
• December 29, 2023 (date) — date of event requiring the filing

Forward-Looking Statements

• Vanguard will maintain a significant ownership stake in Helen of Troy Ltd. (The Vanguard Group) — high confidence, target: December 29, 2024

FAQ

Filing Documents

• tv01102-helenoftroyltd.htm (SC 13G/A) — 11KB
• 0001104659-24-021104.txt ( ) — 13KB

(a) - Name of Issuer

Item 1(a) - Name of Issuer: Helen of Troy Ltd

(b) - Address of Issuer's Principal Executive Offices

Item 1(b) - Address of Issuer's Principal Executive Offices: Clarendon House, 2 Church Street Hamilton HM 11

(a) - Name of Person Filing

Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930

(b) – Address of Principal Business Office or, if none, residence

Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355

(c) – Citizenship

Item 2(c) – Citizenship: Pennsylvania

(d) - Title of Class of Securities

Item 2(d) - Title of Class of Securities: Common Stock

(e) - CUSIP Number

Item 2(e) - CUSIP Number G4388N106

- Type of Filing

Item 3 - Type of Filing: This statement is being filed pursuant to Rule 13d-1. An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).

- Ownership

Item 4 - Ownership: (a) Amount Beneficially Owned: (b) Percent of Class: (c) Number of shares as to which such person has: (i) sole power to vote or direct to vote: (ii) shared power to vote or direct to vote: (iii) sole power to dispose of or to direct the disposition of: (iv) shared power to dispose or to direct the disposition of: Comments: The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.

- Ownership of Five Percent or Less of a Class

Item 5 - Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following

- Ownership of More Than Five Percent on Behalf of Another Person

Item 6 - Ownership of More Than Five Percent on Behalf of Another Person: The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%. Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company: Not applicable

- Identification and Classification of Members of Group

Item 8 - Identification and Classification of Members of Group: Not applicable

- Notice of Dissolution of Group

Item 9 - Notice of Dissolution of Group: Not applicable

- Certification

Item 10 - Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 13, 2024 By /s/ Ashley Grim Name: Ashley Grim Title: Head of Global Fund Administration

View Full Filing

View this SC 13G/A filing on SEC EDGAR