Conestoga Capital Advisors LLC Sells 294,362 Shares of Helios Technologies, Inc. $HLIO

Conestoga Capital Advisors LLC decreased its holdings in shares of Helios Technologies, Inc. (NASDAQ:HLIO) by 15.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,660,024 shares of the company’s stock after selling 294,362 shares during the quarter. Conestoga Capital Advisors LLC owned approximately 5.01% of Helios Technologies worth $86,537,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CWM LLC lifted its position in shares of Helios Technologies by 1,276.7% during the 2nd quarter. CWM LLC now owns 1,652 shares of the company’s stock worth $55,000 after purchasing an additional 1,532 shares during the last quarter. State of Alaska Department of Revenue acquired a new stake in shares of Helios Technologies during the 3rd quarter valued at about $96,000. Tower Research Capital LLC TRC increased its stake in Helios Technologies by 39.3% in the second quarter. Tower Research Capital LLC TRC now owns 4,239 shares of the company’s stock valued at $141,000 after acquiring an additional 1,196 shares during the period. AlphaQuest LLC acquired a new position in Helios Technologies in the second quarter worth about $175,000. Finally, Legacy Wealth Asset Management LLC bought a new position in Helios Technologies during the third quarter worth about $205,000. Institutional investors and hedge funds own 94.72% of the company’s stock.

Analyst Ratings Changes

HLIO has been the subject of a number of recent research reports. Stifel Nicolaus set a $65.00 target price on Helios Technologies in a report on Wednesday, November 5th. KeyCorp increased their price objective on Helios Technologies from $61.00 to $64.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 4th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Helios Technologies currently has a consensus rating of “Buy” and an average target price of $59.33.

Helios Technologies Stock Up 2.8%

NASDAQ HLIO opened at $60.63 on Monday. The stock’s 50 day simple moving average is $54.73 and its 200 day simple moving average is $50.26. Helios Technologies, Inc. has a one year low of $24.76 and a one year high of $60.74. The firm has a market cap of $2.01 billion, a PE ratio of 53.66 and a beta of 1.29. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.03 and a quick ratio of 1.54.

Helios Technologies (NASDAQ:HLIO) last posted 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 return on equity of 8.22% and a net margin of 4.57%.The company’s revenue was up 13.3% compared to the same quarter last year. During the same period last year, the company earned $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, sell-side analysts forecast that Helios Technologies, Inc. will post 2.06 earnings per share for the current fiscal year.

Helios Technologies Dividend Announcement

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

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.