Swiss National Bank Trims Stock Position in Helios Technologies, Inc. $HLIO

Swiss National Bank cut its stake in shares of Helios Technologies, Inc. (NASDAQ:HLIO) by 1.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 64,400 shares of the company’s stock after selling 700 shares during the quarter. Swiss National Bank owned approximately 0.19% of Helios Technologies worth $2,067,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Charles Schwab Investment Management Inc. increased its position in shares of Helios Technologies by 7.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 429,860 shares of the company’s stock worth $13,794,000 after acquiring an additional 30,961 shares during the period. US Bancorp DE increased its position in shares of Helios Technologies by 71.4% during the first quarter. US Bancorp DE now owns 11,495 shares of the company’s stock worth $369,000 after acquiring an additional 4,790 shares during the period. Natixis Advisors LLC increased its position in shares of Helios Technologies by 24.3% during the first quarter. Natixis Advisors LLC now owns 68,553 shares of the company’s stock worth $2,200,000 after acquiring an additional 13,402 shares during the period. XTX Topco Ltd purchased a new position in shares of Helios Technologies during the first quarter worth approximately $343,000. Finally, GSA Capital Partners LLP purchased a new position in Helios Technologies during the first quarter valued at approximately $545,000. 94.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HLIO has been the topic of several research reports. Robert W. Baird cut their price objective on shares of Helios Technologies from $65.00 to $49.00 and set an “outperform” rating on the stock in a report on Thursday, May 8th. KeyCorp reissued an “overweight” rating and set a $45.00 price objective (up from $40.00) on shares of Helios Technologies in a report on Tuesday, August 5th. Finally, Stifel Nicolaus lifted their price objective on shares of Helios Technologies from $39.00 to $43.00 and gave the company a “buy” rating in a report on Monday, July 21st. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $45.67.

Helios Technologies Price Performance

Shares of HLIO opened at $54.0510 on Friday. The company has a market cap of $1.79 billion, a price-to-earnings ratio of 47.83 and a beta of 1.28. Helios Technologies, Inc. has a twelve month low of $24.76 and a twelve month high of $57.29. The company has a quick ratio of 1.54, a current ratio of 3.03 and a debt-to-equity ratio of 0.52. The company has a 50 day moving average of $39.48 and a two-hundred day moving average of $35.19.

Helios Technologies (NASDAQ:HLIO) last announced its earnings results on Monday, August 4th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.09. Helios Technologies had a net margin of 4.57% and a return on equity of 8.22%. The company’s revenue was down 3.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.64 earnings per share. Helios Technologies has set its FY 2025 guidance at 2.300-2.500 EPS. Q3 2025 guidance at 0.600-0.680 EPS. As a group, analysts predict that Helios Technologies, Inc. will post 2.06 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 21st. Shareholders of record on Monday, July 7th were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, July 7th. Helios Technologies’s dividend payout ratio (DPR) is 34.62%.

Helios Technologies Company 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.