Helios Technologies (NYSE:HLIO – Free Report) had its target price raised by Stifel Nicolaus from $93.00 to $95.00 in a research report released on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock.
A number of other research analysts have also recently weighed in on the stock. Robert W. Baird lifted their price objective on shares of Helios Technologies from $81.00 to $85.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. JPMorgan Chase & Co. lifted their price target on shares of Helios Technologies from $100.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday. Zacks Research lowered shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Helios Technologies in a research note on Tuesday, June 2nd. Finally, KeyCorp raised their price target on shares of Helios Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. One investment 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. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $96.25.
View Our Latest Analysis on HLIO
Helios Technologies Stock Up 0.4%
Helios Technologies (NYSE:HLIO – Get Free Report) last issued its earnings results on Monday, August 10th. The company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.08. The firm had revenue of $231.90 million for the quarter. Helios Technologies had a return on equity of 11.43% and a net margin of 8.01%.The firm’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.59 EPS. 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, equities research analysts forecast that Helios Technologies will post 3.18 earnings per share for the current year.
Helios Technologies Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 10th were given 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 presently 22.43%.
Insider Activity
In related news, insider Matteo Arduini sold 6,027 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $90.42, for a total value of $544,961.34. Following the transaction, the insider directly owned 11,317 shares in the company, valued at approximately $1,023,283.14. This represents a 34.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.50% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of Helios Technologies during the 2nd quarter worth about $231,414,000. Wellington Management Group LLP increased its holdings 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 acquiring an additional 1,067,846 shares during the period. William Blair Investment Management LLC purchased a new stake in Helios Technologies in the 2nd quarter valued at $74,454,000. Jennison Associates LLC acquired a new stake in Helios Technologies during the 4th quarter worth $42,583,000. Finally, Jupiter Topco LLC purchased a new stake in Helios Technologies during the 2nd quarter valued at approximately $36,438,000. Hedge funds and other institutional investors own 94.72% of the company’s stock.
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.
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