Goldman Sachs Group Inc. Buys 17,914 Shares of Helios Technologies, Inc. $HLIO

Goldman Sachs Group Inc. grew its stake in Helios Technologies, Inc. (NASDAQ:HLIO) by 14.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 143,810 shares of the company’s stock after acquiring an additional 17,914 shares during the period. Goldman Sachs Group Inc. owned 0.43% of Helios Technologies worth $4,615,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. KBC Group NV bought a new position in shares of Helios Technologies in the first quarter worth about $26,000. Quarry LP raised its stake in shares of Helios Technologies by 406.4% in the first quarter. Quarry LP now owns 1,023 shares of the company’s stock worth $33,000 after acquiring an additional 821 shares during the last quarter. Russell Investments Group Ltd. raised its stake in shares of Helios Technologies by 7,183.3% in the first quarter. Russell Investments Group Ltd. now owns 1,311 shares of the company’s stock worth $42,000 after acquiring an additional 1,293 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Helios Technologies by 2,361.9% in the first quarter. GAMMA Investing LLC now owns 4,653 shares of the company’s stock worth $145,000 after acquiring an additional 4,464 shares during the last quarter. Finally, EP Wealth Advisors LLC bought a new stake in shares of Helios Technologies during the first quarter worth approximately $227,000. 94.72% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Stifel Nicolaus boosted their price target on shares of Helios Technologies from $39.00 to $43.00 and gave the stock a “buy” rating in a research note on Monday, July 21st. KeyCorp boosted their price target on shares of Helios Technologies from $45.00 to $61.00 and gave the stock an “overweight” rating in a research note on Friday, September 5th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Helios Technologies has an average rating of “Buy” and a consensus target price of $51.00.

Helios Technologies Stock Down 0.0%

Shares of NASDAQ HLIO opened at $54.37 on Wednesday. The stock has a market cap of $1.80 billion, a P/E ratio of 48.11 and a beta of 1.30. The firm has a 50 day moving average price of $46.59 and a 200 day moving average price of $36.78. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.54 and a current ratio of 3.03. Helios Technologies, Inc. has a 52-week low of $24.76 and a 52-week high of $57.29.

Helios Technologies (NASDAQ:HLIO) last issued its quarterly earnings data on Monday, August 4th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.09. Helios Technologies had a net margin of 4.57% and a return on equity of 8.22%. The business’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company 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. Analysts expect that Helios Technologies, Inc. will post 2.06 EPS for the current year.

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.