Deprince Race & Zollo Inc. Decreases Stake in Helios Technologies, Inc. $HLIO

Deprince Race & Zollo Inc. lessened its holdings in shares of Helios Technologies, Inc. (NASDAQ:HLIO) by 16.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 846,258 shares of the company’s stock after selling 164,184 shares during the period. Deprince Race & Zollo Inc. owned approximately 2.55% of Helios Technologies worth $44,115,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. William Blair Investment Management LLC acquired a new position in shares of Helios Technologies during the 2nd quarter worth $21,036,000. Arrowstreet Capital Limited Partnership boosted its holdings in Helios Technologies by 2,779.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 287,702 shares of the company’s stock worth $9,601,000 after buying an additional 277,710 shares in the last quarter. Russell Investments Group Ltd. grew its position in Helios Technologies by 19,825.2% during the second quarter. Russell Investments Group Ltd. now owns 261,220 shares of the company’s stock worth $8,717,000 after buying an additional 259,909 shares during the period. Cubist Systematic Strategies LLC purchased a new position in Helios Technologies in the second quarter valued at about $5,628,000. Finally, Gabelli Funds LLC acquired a new stake in shares of Helios Technologies during the 2nd quarter valued at approximately $3,266,000. Institutional investors and hedge funds own 94.72% of the company’s stock.

Helios Technologies Price Performance

HLIO stock opened at $55.55 on Friday. The stock’s 50 day moving average price is $54.63 and its 200 day moving average price is $48.46. The firm has a market cap of $1.84 billion, a P/E ratio of 49.16 and a beta of 1.30. 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 1 year low of $24.76 and a 1 year high of $58.80.

Helios Technologies (NASDAQ:HLIO) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.06. Helios Technologies had a return on equity of 8.22% and a net margin of 4.57%.During the same period in the previous year, the business earned $0.59 earnings per share. The business’s revenue was up 13.3% on a year-over-year basis. 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. On average, sell-side analysts expect 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 will be paid on Wednesday, January 21st. Shareholders 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 dividend payout ratio is 35.64%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Stifel Nicolaus set a $65.00 price target on Helios Technologies in a report on Wednesday, November 5th. KeyCorp raised their price target on Helios Technologies from $61.00 to $64.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Helios Technologies presently has an average rating of “Buy” and a consensus target price of $59.33.

Helios Technologies 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.