Sterling Capital Management LLC Sells 9,645 Shares of Helios Technologies, Inc $HLIO

Sterling Capital Management LLC lowered its stake in Helios Technologies, Inc (NYSE:HLIO – Free Report) by 93.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 698 shares of the company’s stock after selling 9,645 shares during the period. Sterling Capital Management LLC’s holdings in Helios Technologies were worth $47,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Inspire Investing LLC increased its stake in shares of Helios Technologies by 23.2% during the third quarter. Inspire Investing LLC now owns 9,389 shares of the company’s stock worth $638,000 after purchasing an additional 1,771 shares during the period. Pinnacle Associates Ltd. boosted its stake in Helios Technologies by 3.0% in the 3rd quarter. Pinnacle Associates Ltd. now owns 29,626 shares of the company’s stock valued at $2,012,000 after purchasing an additional 863 shares during the period. Nisa Investment Advisors LLC boosted its stake in Helios Technologies by 15.1% in the 3rd quarter. Nisa Investment Advisors LLC now owns 12,158 shares of the company’s stock valued at $826,000 after purchasing an additional 1,594 shares during the period. Contravisory Investment Management Inc. boosted its stake in Helios Technologies by 28.0% in the 3rd quarter. Contravisory Investment Management Inc. now owns 4,754 shares of the company’s stock valued at $323,000 after purchasing an additional 1,041 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in Helios Technologies by 109.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,134 shares of the company’s stock valued at $77,000 after buying an additional 592 shares in the last quarter. 94.72% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on HLIO shares. Stifel Nicolaus increased their price objective on Helios Technologies from $93.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. boosted their target price on shares of Helios Technologies from $100.00 to $110.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. KeyCorp boosted their target price on shares of Helios Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Weiss Ratings upgraded shares of Helios Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. Finally, Zacks Research lowered shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $96.25.

Check Out Our Latest Stock Analysis on Helios Technologies

Helios Technologies Price Performance

Helios Technologies stock opened at $67.12 on Thursday. The firm has a market cap of $2.21 billion, a PE ratio of 31.36 and a beta of 1.28. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.74 and a quick ratio of 1.53. The stock’s fifty day moving average price is $69.11 and its two-hundred day moving average price is $73.44. Helios Technologies, Inc has a one year low of $49.86 and a one year high of $95.05.

Helios Technologies (NYSE:HLIO – Get Free Report) last released its earnings results on Monday, August 10th. The company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.08. The firm had revenue of $231.90 million during the quarter. Helios Technologies had a return on equity of 11.43% and a net margin of 8.01%. The business’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.59 earnings per share. Helios Technologies has set its FY 2026 guidance at 3.050-3.250 EPS and its Q3 2026 guidance at 0.700-0.770 EPS. As a group, research analysts expect that Helios Technologies, Inc will post 3.17 EPS for the current fiscal year.

Helios Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, October 26th. Investors of record on Tuesday, October 13th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, October 13th. Helios Technologies’s payout ratio is 22.43%.

About Helios Technologies

(Free Report)

Helios Technologies, Inc develops and manufactures industrial technology products for the hydraulics and electronics markets. Its offerings include hydraulic cartridge valves, manifolds and electro-hydraulic controls, as well as electronic control systems, displays, instrumentation and related connectivity solutions used in mobile equipment, industrial machinery and other specialized applications.

The company serves original equipment manufacturers and other industrial customers through a portfolio that has included the Sun Hydraulics and Enovation Controls brands.

Further Reading

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Institutional Ownership by Quarter for Helios Technologies (NYSE:HLIO)

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