New York State Common Retirement Fund Purchases 294 Shares of Helios Technologies, Inc. (NASDAQ:HLIO)

New York State Common Retirement Fund lifted its position in shares of Helios Technologies, Inc. (NASDAQ:HLIO) by 0.1% in the 4th quarter, Holdings Channel reports. The fund owned 421,084 shares of the company’s stock after buying an additional 294 shares during the quarter. New York State Common Retirement Fund’s holdings in Helios Technologies were worth $19,096,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Helios Technologies by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 3,130,183 shares of the company’s stock worth $173,663,000 after purchasing an additional 21,983 shares during the period. Conestoga Capital Advisors LLC boosted its stake in Helios Technologies by 3.3% in the 4th quarter. Conestoga Capital Advisors LLC now owns 2,007,758 shares of the company’s stock worth $91,052,000 after purchasing an additional 64,712 shares during the period. Wellington Management Group LLP boosted its stake in Helios Technologies by 117.7% in the 3rd quarter. Wellington Management Group LLP now owns 1,118,943 shares of the company’s stock worth $62,079,000 after purchasing an additional 605,077 shares during the period. Ceredex Value Advisors LLC boosted its stake in Helios Technologies by 29.0% in the 4th quarter. Ceredex Value Advisors LLC now owns 288,119 shares of the company’s stock worth $13,066,000 after purchasing an additional 64,819 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in Helios Technologies by 2.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 270,198 shares of the company’s stock worth $14,991,000 after purchasing an additional 6,148 shares during the period. Institutional investors own 94.72% of the company’s stock.

Helios Technologies Stock Performance

NASDAQ:HLIO opened at $45.57 on Monday. The business’s 50-day moving average price is $44.44 and its two-hundred day moving average price is $44.09. Helios Technologies, Inc. has a twelve month low of $37.50 and a twelve month high of $67.31. The stock has a market cap of $1.51 billion, a P/E ratio of 19.39 and a beta of 0.96. The company has a quick ratio of 1.25, a current ratio of 2.74 and a debt-to-equity ratio of 0.58.

Helios Technologies (NASDAQ:HLIO) last released its quarterly earnings results on Monday, February 26th. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.13. Helios Technologies had a return on equity of 9.19% and a net margin of 4.49%. The firm had revenue of $193.40 million for the quarter, compared to analysts’ expectations of $183.87 million. During the same quarter last year, the firm posted $0.78 EPS. The company’s revenue was down 1.3% compared to the same quarter last year. As a group, equities analysts predict that Helios Technologies, Inc. will post 2.42 EPS for the current fiscal year.

Helios Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Thursday, April 4th were issued a $0.09 dividend. The ex-dividend date was Wednesday, April 3rd. This represents a $0.36 annualized dividend and a dividend yield of 0.79%. Helios Technologies’s payout ratio is currently 31.58%.

Helios Technologies Profile

Helios Technologies, Inc, together with its subsidiaries, provides engineered motion control and electronic control technology solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Hydraulics and Electronics. The Hydraulics segment offers cartridge valve technology products to control rates and direction of fluid flow, and to regulate and control pressures for industrial and mobile applications; hydraulic quick release coupling solutions for the agriculture, construction equipment, and industrial markets; motion control technology and fluid conveyance technology; cartridge valve technology; engineered solutions for machine users, manufacturers, or designers.