Shares of Helios Technologies, Inc (NYSE:HLIO – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $96.25.
Several analysts recently commented on HLIO shares. Zacks Research downgraded Helios Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Wall Street Zen cut Helios Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. JPMorgan Chase & Co. increased their price target on Helios Technologies from $100.00 to $110.00 and gave the stock an “overweight” rating in a report on Wednesday. Robert W. Baird raised their price target on Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Finally, KeyCorp lifted their price objective on Helios Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a report on Monday, July 13th.
Check Out Our Latest Report on HLIO
Helios Technologies Stock Up 0.1%
Helios Technologies (NYSE:HLIO – Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.08. The company had revenue of $231.90 million for the quarter. Helios Technologies had a net margin of 8.01% and a return on equity of 11.49%. During the same period in the prior year, the business earned $0.59 earnings per share. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. 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. Analysts forecast that Helios Technologies will post 3.18 earnings per share for the current year.
Helios Technologies Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, July 10th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.6%. The ex-dividend date was Friday, July 10th. Helios Technologies’s dividend payout ratio (DPR) is 26.37%.
Insiders Place Their Bets
In other news, insider Matteo Arduini sold 6,027 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $90.42, for a total value of $544,961.34. Following the completion of the transaction, the insider owned 11,317 shares in the company, valued at $1,023,283.14. This represents a 34.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.50% of the company’s stock.
Hedge Funds Weigh In On Helios Technologies
A number of institutional investors and hedge funds have recently added to or reduced their stakes in HLIO. BlackRock Inc. acquired a new stake in shares of Helios Technologies in the 2nd quarter valued at about $231,414,000. Wellington Management Group LLP grew its holdings in shares of Helios Technologies by 114.9% during the fourth quarter. Wellington Management Group LLP now owns 1,997,527 shares of the company’s stock worth $106,848,000 after buying an additional 1,067,846 shares in the last quarter. William Blair Investment Management LLC bought a new position in shares of Helios Technologies during the second quarter worth about $74,454,000. Jennison Associates LLC acquired a new stake in Helios Technologies in the 4th quarter valued at approximately $42,583,000. Finally, Arrowstreet Capital Limited Partnership raised its position in Helios Technologies by 106.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 594,361 shares of the company’s stock valued at $30,984,000 after buying an additional 306,659 shares during the last quarter. 94.72% of the stock is owned by institutional investors and hedge funds.
Helios Technologies Company Profile
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.
Featured Stories
- Five stocks we like better than Helios Technologies
- Asian Market Circuit Breakers Hit Stocks, Not AI Demand
- Riot Platforms Re-Wires the Ledger for a $9B AI Power Play
- Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy?
- Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal
Receive News & Ratings for Helios Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helios Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
