Helios Technologies (NYSE:HLIO) Cut to Hold at Zacks Research

Zacks Research downgraded shares of Helios Technologies (NYSE:HLIO) from a strong-buy rating to a hold rating in a report released on Tuesday,Zacks.com reports.

Other research analysts have also issued reports about the stock. KeyCorp upped their target price on shares of Helios Technologies from $85.00 to $95.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. JPMorgan Chase & Co. lifted their price target on shares of Helios Technologies from $90.00 to $100.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. Stifel Nicolaus boosted their price target on Helios Technologies from $89.00 to $93.00 and gave the stock a “buy” rating in a research note on Monday. Weiss Ratings restated a “hold (c)” rating on shares of Helios Technologies in a report on Tuesday, June 2nd. Finally, Wall Street Zen raised Helios Technologies from a “buy” rating to a “strong-buy” rating in a research note on Sunday, June 28th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $93.25.

Helios Technologies Price Performance

Shares of NYSE HLIO opened at $79.62 on Tuesday. The firm has a market capitalization of $2.63 billion, a P/E ratio of 43.75 and a beta of 1.25. Helios Technologies has a one year low of $34.95 and a one year high of $95.05. The company’s fifty day moving average is $83.20 and its two-hundred day moving average is $73.31. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.58 and a current ratio of 2.86.

Helios Technologies (NYSE:HLIO) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.12. The business had revenue of $228.40 million for the quarter. Helios Technologies had a net margin of 6.98% and a return on equity of 10.49%. The business’s revenue for the quarter was up 16.8% compared to the same quarter last year. During the same period last year, the company earned $0.44 earnings per share. Helios Technologies has set its Q2 2026 guidance at 0.780-0.830 EPS and its FY 2026 guidance at 2.750-3.000 EPS. Analysts forecast that Helios Technologies will post 2.9 EPS for the current fiscal year.

Helios Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, July 10th. Helios Technologies’s dividend payout ratio (DPR) is 26.37%.

Insider Buying and Selling at Helios Technologies

In related news, insider Matteo Arduini sold 6,027 shares of Helios Technologies stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $90.42, for a total transaction of $544,961.34. Following the completion of the transaction, the insider directly owned 11,317 shares in the company, valued at $1,023,283.14. The trade was a 34.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last three months, insiders have sold 13,027 shares of company stock worth $1,134,121. Company insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Helios Technologies

Several hedge funds have recently bought and sold shares of the stock. Wellington Management Group LLP boosted its stake in shares of Helios Technologies by 114.9% during the fourth quarter. Wellington Management Group LLP now owns 1,997,527 shares of the company’s stock valued at $106,848,000 after acquiring an additional 1,067,846 shares during the last quarter. Jennison Associates LLC acquired a new position in Helios Technologies in the 4th quarter valued at about $42,583,000. Arrowstreet Capital Limited Partnership raised its stake in Helios Technologies by 106.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 594,361 shares of the company’s stock valued at $30,984,000 after purchasing an additional 306,659 shares during the last quarter. Aberdeen Group plc purchased a new position in Helios Technologies in the 4th quarter valued at about $13,681,000. Finally, Wasatch Advisors LP lifted its holdings in Helios Technologies by 35.4% in the 1st quarter. Wasatch Advisors LP now owns 799,008 shares of the company’s stock valued at $51,704,000 after purchasing an additional 208,823 shares in the last quarter. Hedge funds and other institutional investors own 94.72% of the company’s stock.

About Helios Technologies

Helios Technologies, Inc develops and manufactures engineered motion control and electronic control products for a wide range of industrial and mobile equipment applications. The company’s Hydraulics segment designs and produces hydraulic cartridge valves, manifold systems, pumps and motors, filtration solutions and off-highway joysticks. Its Electronic Controls segment offers programmable electronic control units, wireless telematics, human-machine interfaces and software to optimize performance, efficiency and safety for equipment OEMs and end users.

Through its global network of manufacturing facilities, service centers and technology centers, Helios Technologies serves markets in agriculture, construction, material handling, mining, municipal and recreational vehicles, as well as industrial automation and infrastructure equipment.