BlackRock Inc. Makes New Investment in Helios Technologies, Inc $HLIO

BlackRock Inc. bought a new stake in Helios Technologies, Inc (NYSE:HLIO) in the 2nd quarter, Holdings Channel.com reports. The firm bought 2,592,872 shares of the company’s stock, valued at approximately $231,414,000. BlackRock Inc. owned 0.08% of Helios Technologies as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC acquired a new position in Helios Technologies during the first quarter worth approximately $29,000. Triumph Capital Management acquired a new stake in shares of Helios Technologies in the third quarter valued at approximately $36,000. Quarry LP boosted its holdings in shares of Helios Technologies by 948.6% in the third quarter. Quarry LP now owns 1,164 shares of the company’s stock valued at $61,000 after acquiring an additional 1,053 shares during the period. Global Retirement Partners LLC purchased a new position in shares of Helios Technologies during the fourth quarter worth approximately $66,000. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of Helios Technologies during the fourth quarter worth approximately $104,000. Hedge funds and other institutional investors own 94.72% of the company’s stock.

Insider Buying and Selling

In other Helios Technologies news, insider Matteo Arduini sold 6,027 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $90.42, for a total transaction of $544,961.34. Following the transaction, the insider directly owned 11,317 shares in the company, valued at approximately $1,023,283.14. This represents a 34.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.50% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Stifel Nicolaus upped their price target on shares of Helios Technologies from $93.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. raised their price objective on shares of Helios Technologies from $100.00 to $110.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Zacks Research cut shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Robert W. Baird raised their price target on Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Finally, Wall Street Zen cut Helios Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $96.25.

Helios Technologies Trading Down 0.6%

NYSE HLIO opened at $74.47 on Friday. The company has a quick ratio of 1.53, a current ratio of 2.74 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $2.45 billion, a P/E ratio of 34.80 and a beta of 1.27. Helios Technologies, Inc has a 52-week low of $47.01 and a 52-week high of $95.05. The firm has a 50-day moving average price of $81.43 and a 200 day moving average price of $75.84.

Helios Technologies (NYSE:HLIO) last issued its earnings results on Monday, August 10th. The company reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.08. The business had revenue of $231.90 million during the quarter. Helios Technologies had a return on equity of 11.43% and a net margin of 8.01%.The business’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period last year, the company posted $0.59 earnings per share. Helios Technologies has set its FY 2026 guidance at 3.050-3.250 EPS and its Q3 2026 guidance at 0.700-0.770 EPS. Equities research analysts expect that Helios Technologies, Inc will post 3.19 EPS for the current year.

Helios Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Friday, July 10th. Helios Technologies’s dividend payout ratio (DPR) is currently 22.43%.

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.