Gamco Investors INC. ET AL lessened its stake in Helios Technologies, Inc (NYSE:HLIO – Free Report) by 20.2% in the fourth quarter, Holdings Channel reports. The firm owned 51,217 shares of the company’s stock after selling 12,926 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Helios Technologies were worth $2,740,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Triumph Capital Management acquired a new position in Helios Technologies in the third quarter valued at about $36,000. Quarry LP raised its stake in 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 purchasing an additional 1,053 shares in the last quarter. State of Alaska Department of Revenue acquired a new position in Helios Technologies in the third quarter valued at about $96,000. Keybank National Association OH acquired a new position in Helios Technologies in the fourth quarter valued at about $222,000. Finally, Inceptionr LLC acquired a new position in Helios Technologies in the third quarter valued at about $217,000. Institutional investors and hedge funds own 94.72% of the company’s stock.
Insider Activity
In other news, insider Matteo Arduini sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $76.48, for a total value of $229,440.00. Following the completion of the transaction, the insider owned 15,317 shares of the company’s stock, valued at $1,171,444.16. This represents a 16.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.50% of the stock is owned by corporate insiders.
Helios Technologies Stock Up 1.3%
Helios Technologies (NYSE:HLIO – Get Free Report) last issued its earnings results on Monday, May 11th. The company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.68 by $0.12. The firm had revenue of $228.40 million during the quarter. Helios Technologies had a return on equity of 10.49% and a net margin of 6.98%.The firm’s revenue was up 16.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.44 EPS. 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. As a group, analysts forecast that Helios Technologies, Inc will post 2.89 earnings per share for the current fiscal year.
Helios Technologies Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, April 27th. Stockholders of record on Monday, April 13th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.6%. This is an increase from Helios Technologies’s previous quarterly dividend of $0.09. The ex-dividend date was Monday, April 13th. Helios Technologies’s dividend payout ratio (DPR) is presently 26.37%.
Analysts Set New Price Targets
HLIO has been the subject of a number of analyst reports. Zacks Research downgraded Helios Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Stifel Nicolaus boosted their price target on Helios Technologies from $80.00 to $89.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Robert W. Baird boosted their price target on Helios Technologies from $81.00 to $85.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. KeyCorp boosted their target price on Helios Technologies from $82.00 to $85.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Finally, JPMorgan Chase & Co. boosted their target price on Helios Technologies from $85.00 to $90.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. One investment 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $87.25.
Get Our Latest Stock Report on Helios Technologies
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.
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