Helios Technologies (NASDAQ:HLIO) Now Covered by JPMorgan Chase & Co.

JPMorgan Chase & Co. assumed coverage on shares of Helios Technologies (NASDAQ:HLIO) in a report issued on Tuesday morning, Marketbeat Ratings reports. The firm issued an overweight rating and a $80.00 price target on the stock.

Several other equities analysts have also issued reports on the company. Stifel Nicolaus set a $65.00 price target on Helios Technologies in a research note on Wednesday, November 5th. KeyCorp lifted their price objective on Helios Technologies from $61.00 to $64.00 and gave the stock an “overweight” rating in a report on Tuesday, November 4th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $64.50.

Helios Technologies Trading Up 0.8%

Shares of Helios Technologies stock opened at $64.60 on Tuesday. Helios Technologies has a 1 year low of $24.76 and a 1 year high of $66.00. The company’s fifty day simple moving average is $55.81 and its 200-day simple moving average is $51.65. The company has a market cap of $2.14 billion, a price-to-earnings ratio of 57.17 and a beta of 1.29. The company has a current ratio of 3.03, a quick ratio of 1.54 and a debt-to-equity ratio of 0.52.

Helios Technologies (NASDAQ:HLIO) last issued its quarterly earnings results on Monday, November 3rd. The company reported $0.72 earnings per share for the quarter, beating 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 period in the prior year, the firm posted $0.59 earnings per share. 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 expect that Helios Technologies will post 2.06 EPS for the current year.

Helios Technologies Announces Dividend

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. This represents a $0.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, January 7th. Helios Technologies’s payout ratio is presently 35.64%.

Hedge Funds Weigh In On Helios Technologies

Several hedge funds and other institutional investors have recently modified their holdings of HLIO. Triumph Capital Management acquired a new stake in Helios Technologies in the 3rd quarter valued at $36,000. CWM LLC lifted its holdings in shares of Helios Technologies by 1,276.7% during the second quarter. CWM LLC now owns 1,652 shares of the company’s stock valued at $55,000 after acquiring an additional 1,532 shares during the period. Quarry LP boosted its stake in shares of Helios Technologies by 948.6% in the 3rd quarter. Quarry LP now owns 1,164 shares of the company’s stock valued at $61,000 after purchasing an additional 1,053 shares in the last quarter. State of Alaska Department of Revenue acquired a new stake in shares of Helios Technologies in the 3rd quarter valued at $96,000. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Helios Technologies by 39.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,239 shares of the company’s stock worth $141,000 after purchasing an additional 1,196 shares during the last quarter. Institutional investors own 94.72% of the company’s stock.

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.