Helios Technologies, Inc. $HLIO Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC lifted its holdings in shares of Helios Technologies, Inc. (NASDAQ:HLIO) by 3.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 789,981 shares of the company’s stock after buying an additional 26,098 shares during the period. Geode Capital Management LLC owned approximately 2.37% of Helios Technologies worth $26,365,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. William Blair Investment Management LLC purchased a new stake in Helios Technologies during the 2nd quarter valued at approximately $21,036,000. MetLife Investment Management LLC raised its stake in shares of Helios Technologies by 1,593.9% during the first quarter. MetLife Investment Management LLC now owns 344,505 shares of the company’s stock worth $11,055,000 after purchasing an additional 324,167 shares during the last quarter. Ceredex Value Advisors LLC raised its stake in shares of Helios Technologies by 59.4% during the first quarter. Ceredex Value Advisors LLC now owns 350,500 shares of the company’s stock worth $11,248,000 after purchasing an additional 130,600 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Helios Technologies during the first quarter worth $2,771,000. Finally, Raymond James Financial Inc. grew its position in Helios Technologies by 42.3% in the 1st quarter. Raymond James Financial Inc. now owns 245,274 shares of the company’s stock valued at $7,870,000 after buying an additional 72,885 shares during the last quarter. Hedge funds and other institutional investors own 94.72% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on HLIO. Stifel Nicolaus set a $65.00 price objective on shares of Helios Technologies in a research report on Wednesday, November 5th. KeyCorp boosted their price target on shares of Helios Technologies from $61.00 to $64.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 4th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Helios Technologies has a consensus rating of “Buy” and a consensus target price of $59.33.

Helios Technologies Stock Performance

NASDAQ:HLIO opened at $53.99 on Friday. The firm’s fifty day simple moving average is $53.32 and its 200-day simple moving average is $45.08. 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 stock has a market cap of $1.79 billion, a PE ratio of 47.78 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 quarterly earnings data on Monday, November 3rd. The company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.06. Helios Technologies had a net margin of 4.57% and a return on equity of 8.22%. The company’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Analysts expect that Helios Technologies, Inc. will post 2.06 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 21st. Investors of record on Tuesday, October 7th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Tuesday, October 7th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.7%. Helios Technologies’s dividend payout ratio (DPR) is presently 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.