Helios Technologies (NYSE:HLIO – Get Free Report) had its price target increased by KeyCorp from $82.00 to $85.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. KeyCorp’s target price points to a potential upside of 24.87% from the stock’s previous close.
HLIO has been the subject of a number of other research reports. Wall Street Zen raised shares of Helios Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 7th. Stifel Nicolaus lifted their target price on shares of Helios Technologies from $76.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. JPMorgan Chase & Co. began coverage on shares of Helios Technologies in a research note on Tuesday, January 20th. They set an “overweight” rating and a $80.00 target price for the company. Finally, Zacks Research lowered shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $81.67.
View Our Latest Report on HLIO
Helios Technologies Trading Down 0.2%
Helios Technologies (NYSE:HLIO – Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.12. Helios Technologies had a net margin of 5.78% and a return on equity of 9.36%. The firm had revenue of $228.40 million for the quarter. During the same quarter in the previous year, the firm posted $0.44 earnings per share. The company’s revenue for the quarter was up 16.8% on a year-over-year basis. Helios Technologies has set its Q2 2026 guidance at 0.780-0.830 EPS and its FY 2026 guidance at 2.750-3.000 EPS. On average, research analysts predict that Helios Technologies will post 2.74 EPS for the current fiscal year.
Institutional Investors Weigh In On Helios Technologies
Several institutional investors and hedge funds have recently modified their holdings of the business. Wellington Management Group LLP lifted its stake in shares of Helios Technologies by 114.9% in the 4th quarter. Wellington Management Group LLP now owns 1,997,527 shares of the company’s stock valued at $106,848,000 after purchasing an additional 1,067,846 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Helios Technologies by 3.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,626,796 shares of the company’s stock valued at $84,806,000 after purchasing an additional 55,206 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of Helios Technologies by 7.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,530,525 shares of the company’s stock valued at $79,787,000 after purchasing an additional 112,213 shares during the last quarter. Jennison Associates LLC lifted its stake in shares of Helios Technologies by 30.1% in the 1st quarter. Jennison Associates LLC now owns 1,035,977 shares of the company’s stock valued at $67,038,000 after purchasing an additional 239,876 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Helios Technologies by 7.9% in the 2nd quarter. Bank of America Corp DE now owns 932,366 shares of the company’s stock valued at $31,113,000 after purchasing an additional 68,182 shares during the last quarter. Institutional investors and hedge funds own 94.72% of the company’s stock.
About Helios Technologies
Helios Technologies, Inc develops and manufactures engineered motion control and electronic control products for a wide range of industrial and mobile equipment applications. The company’s Hydraulics segment designs and produces hydraulic cartridge valves, manifold systems, pumps and motors, filtration solutions and off-highway joysticks. Its Electronic Controls segment offers programmable electronic control units, wireless telematics, human-machine interfaces and software to optimize performance, efficiency and safety for equipment OEMs and end users.
Through its global network of manufacturing facilities, service centers and technology centers, Helios Technologies serves markets in agriculture, construction, material handling, mining, municipal and recreational vehicles, as well as industrial automation and infrastructure equipment.
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