Leeward Investments LLC MA decreased its position in shares of Helios Technologies, Inc (NYSE:HLIO – Free Report) by 5.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 197,207 shares of the company’s stock after selling 11,818 shares during the period. Leeward Investments LLC MA owned 0.60% of Helios Technologies worth $13,394,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in Helios Technologies in the 2nd quarter worth approximately $231,414,000. Dimensional Fund Advisors LP lifted its stake in shares of Helios Technologies by 0.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,618,712 shares of the company’s stock worth $104,743,000 after purchasing an additional 6,347 shares during the period. Jennison Associates LLC boosted its holdings in shares of Helios Technologies by 30.1% during the first quarter. Jennison Associates LLC now owns 1,035,977 shares of the company’s stock worth $67,038,000 after purchasing an additional 239,876 shares during the last quarter. William Blair Investment Management LLC acquired a new stake in shares of Helios Technologies during the second quarter worth $74,454,000. Finally, Bank of America Corp DE purchased a new stake in shares of Helios Technologies in the second quarter valued at $36,693,000. Institutional investors and hedge funds own 94.72% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have recently commented on HLIO. JPMorgan Chase & Co. lifted their price objective on Helios Technologies from $100.00 to $110.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Weiss Ratings upgraded Helios Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. KeyCorp increased their target price on Helios Technologies from $85.00 to $95.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Wall Street Zen lowered Helios Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Zacks Research cut Helios Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 20th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $96.25.
Check Out Our Latest Report on Helios Technologies
Helios Technologies Stock Performance
Shares of HLIO stock opened at $66.10 on Monday. Helios Technologies, Inc has a one year low of $48.99 and a one year high of $95.05. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.53 and a current ratio of 2.74. The company has a 50 day moving average price of $70.53 and a 200 day moving average price of $75.90. The firm has a market capitalization of $2.18 billion, a price-to-earnings ratio of 30.89 and a beta of 1.30.
Helios Technologies (NYSE:HLIO – Get Free Report) last posted 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 11.43%. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the prior year, the business 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. Sell-side analysts anticipate that Helios Technologies, Inc will post 3.17 EPS for the current year.
Helios Technologies Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 26th. Stockholders of record on Tuesday, October 13th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Tuesday, October 13th. Helios Technologies’s dividend payout ratio is presently 22.43%.
About Helios Technologies
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.
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