Envestnet Asset Management Inc. Has $3.29 Million Stake in Helios Technologies, Inc. $HLIO

Envestnet Asset Management Inc. lowered its stake in shares of Helios Technologies, Inc. (NASDAQ:HLIO) by 19.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 98,538 shares of the company’s stock after selling 23,241 shares during the period. Envestnet Asset Management Inc. owned approximately 0.30% of Helios Technologies worth $3,288,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Quarry LP raised its position in shares of Helios Technologies by 406.4% in the 1st quarter. Quarry LP now owns 1,023 shares of the company’s stock valued at $33,000 after acquiring an additional 821 shares during the period. Russell Investments Group Ltd. boosted its position in shares of Helios Technologies by 7,183.3% during the first quarter. Russell Investments Group Ltd. now owns 1,311 shares of the company’s stock worth $42,000 after purchasing an additional 1,293 shares in the last quarter. CWM LLC grew its stake in Helios Technologies by 1,276.7% in the second quarter. CWM LLC now owns 1,652 shares of the company’s stock valued at $55,000 after acquiring an additional 1,532 shares during the period. AlphaQuest LLC acquired a new stake in shares of Helios Technologies during the second quarter worth about $175,000. Finally, EP Wealth Advisors LLC bought a new position in shares of Helios Technologies during the 1st quarter valued at about $227,000. 94.72% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HLIO has been the subject of several research analyst reports. KeyCorp upped their price target on shares of Helios Technologies from $61.00 to $64.00 and gave the company an “overweight” rating in a report on Tuesday, November 4th. Stifel Nicolaus set a $65.00 price objective on Helios Technologies in a research report on Wednesday, November 5th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $59.33.

Helios Technologies Price Performance

Shares of NASDAQ HLIO opened at $53.63 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.03 and a quick ratio of 1.54. The business has a 50-day moving average of $53.73 and a 200-day moving average of $43.55. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 47.46 and a beta of 1.33. Helios Technologies, Inc. has a fifty-two week low of $24.76 and a fifty-two week high of $58.80.

Helios Technologies (NASDAQ:HLIO) last released its earnings results on Monday, November 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.06. Helios Technologies had a return on equity of 8.22% and a net margin of 4.57%.The firm’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.59 EPS. Helios Technologies has set its Q4 2025 guidance at 0.670-0.740 EPS. FY 2025 guidance at 2.430-2.500 EPS. As a group, sell-side 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 declared a quarterly dividend, which was paid on Tuesday, October 21st. Shareholders of record on Tuesday, October 7th were paid a $0.09 dividend. The ex-dividend date was Tuesday, October 7th. This represents a $0.36 dividend on an annualized basis and a yield of 0.7%. Helios Technologies’s dividend payout ratio (DPR) is currently 35.64%.

About Helios Technologies

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.