Congress Asset Management Co. Takes $3.06 Million Position in Helios Technologies, Inc. $HLIO

Congress Asset Management Co. purchased a new position in Helios Technologies, Inc. (NASDAQ:HLIO) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 58,750 shares of the company’s stock, valued at approximately $3,063,000. Congress Asset Management Co. owned 0.18% of Helios Technologies as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in HLIO. Bank of America Corp DE lifted its position in shares of Helios Technologies by 7.9% in the 2nd quarter. Bank of America Corp DE now owns 932,366 shares of the company’s stock worth $31,113,000 after purchasing an additional 68,182 shares during the period. Geode Capital Management LLC raised its stake in Helios Technologies by 3.4% in the second quarter. Geode Capital Management LLC now owns 789,981 shares of the company’s stock worth $26,365,000 after buying an additional 26,098 shares in the last quarter. William Blair Investment Management LLC purchased a new stake in Helios Technologies in the second quarter worth about $21,036,000. Ceredex Value Advisors LLC raised its position in shares of Helios Technologies by 19.2% in the 2nd quarter. Ceredex Value Advisors LLC now owns 417,950 shares of the company’s stock worth $13,947,000 after acquiring an additional 67,450 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of Helios Technologies by 7.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 367,141 shares of the company’s stock valued at $12,252,000 after purchasing an additional 25,076 shares during the period. 94.72% of the stock is owned by hedge funds and other institutional investors.

Helios Technologies Price Performance

Shares of NASDAQ:HLIO opened at $55.42 on Tuesday. The business has a fifty day moving average price of $54.38 and a 200-day moving average price of $47.93. 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 company has a market capitalization of $1.84 billion, a PE ratio of 49.04 and a beta of 1.30. Helios Technologies, Inc. has a 1-year low of $24.76 and a 1-year high of $58.80.

Helios Technologies (NASDAQ:HLIO) last announced its quarterly earnings results on Monday, November 3rd. The company reported $0.72 earnings per share (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 for the quarter was up 13.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.59 EPS. Helios Technologies has set its Q4 2025 guidance at 0.670-0.740 EPS and its FY 2025 guidance at 2.430-2.500 EPS. As a group, equities analysts expect that Helios Technologies, Inc. will post 2.06 EPS for the current fiscal year.

Helios Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Wednesday, January 7th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Wednesday, January 7th. Helios Technologies’s payout ratio is presently 35.64%.

Analyst Ratings Changes

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

Helios Technologies Company Profile

Helios Technologies, Inc is a global designer, manufacturer and distributor of highly engineered motion and electronic controls solutions. Headquartered in Sarasota, Florida, the company serves original equipment manufacturers (OEMs) across mobile and industrial end markets, including agriculture, construction, material handling, oil and gas, and renewable energy. Established in 2018 through a carve-out of established hydraulic and electronic control businesses, Helios has rapidly built scale through strategic acquisitions, broadening its product portfolio and geographic reach.

The company’s Motion Technologies segment offers a comprehensive suite of hydraulic products, including gear pumps, piston pumps and motors, directional and proportional valves, cylinders, reservoirs, filtration systems and accumulators.