Capstone Investment Advisors LLC purchased a new position in shares of Helios Technologies, Inc (NYSE:HLIO – Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 8,688 shares of the company’s stock, valued at approximately $775,000.
A number of other hedge funds have also made changes to their positions in HLIO. NewEdge Advisors LLC bought a new position in shares of Helios Technologies in the 1st quarter valued at approximately $29,000. Allworth Financial LP bought a new stake in Helios Technologies during the second quarter worth approximately $40,000. Triumph Capital Management acquired a new position in Helios Technologies during the third quarter valued at approximately $36,000. Quantbot Technologies LP acquired a new position in Helios Technologies during the second quarter valued at approximately $77,000. Finally, Quarry LP raised its position in shares of Helios Technologies by 948.6% in the third quarter. Quarry LP now owns 1,164 shares of the company’s stock valued at $61,000 after purchasing an additional 1,053 shares during the period. Institutional investors and hedge funds own 94.72% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the stock. Zacks Research cut shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. JPMorgan Chase & Co. raised their target price on shares of Helios Technologies from $100.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. Wall Street Zen lowered shares of Helios Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Stifel Nicolaus upped their price target on shares of Helios Technologies from $93.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Finally, Robert W. Baird raised their price target on Helios Technologies from $81.00 to $85.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $96.25.
Insider Activity at Helios Technologies
In other news, insider Matteo Arduini sold 6,027 shares of Helios Technologies stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $90.42, for a total transaction of $544,961.34. Following the sale, the insider owned 11,317 shares of the company’s stock, valued at approximately $1,023,283.14. This trade represents a 34.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.50% of the company’s stock.
Helios Technologies Price Performance
Shares of Helios Technologies stock opened at $72.97 on Friday. 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 company has a market cap of $2.40 billion, a PE ratio of 34.10 and a beta of 1.27. The firm has a fifty day moving average price of $81.08 and a two-hundred day moving average price of $75.82. Helios Technologies, Inc has a fifty-two week low of $47.01 and a fifty-two week high of $95.05.
Helios Technologies (NYSE:HLIO – Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate 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 11.43%. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. Analysts expect that Helios Technologies, Inc will post 3.19 EPS for the current year.
Helios Technologies Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, July 10th were given a $0.12 dividend. The ex-dividend date was Friday, July 10th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.7%. Helios Technologies’s dividend payout ratio (DPR) is currently 22.43%.
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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