Sara Bay Financial Sells 51,063 Shares of Helios Technologies, Inc $HLIO

Sara Bay Financial lessened its stake in shares of Helios Technologies, Inc (NYSE:HLIO) by 4.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,153,896 shares of the company’s stock after selling 51,063 shares during the period. Helios Technologies makes up approximately 23.0% of Sara Bay Financial’s portfolio, making the stock its biggest position. Sara Bay Financial’s holdings in Helios Technologies were worth $74,669,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Triumph Capital Management bought a new position in shares of Helios Technologies in the 3rd quarter valued at $36,000. Quarry LP boosted its holdings in shares of Helios Technologies by 948.6% during the 3rd quarter. Quarry LP now owns 1,164 shares of the company’s stock valued at $61,000 after acquiring an additional 1,053 shares in the last quarter. Global Retirement Partners LLC bought a new stake in Helios Technologies during the 4th quarter worth $66,000. Kemnay Advisory Services Inc. bought a new stake in Helios Technologies during the 4th quarter worth $104,000. Finally, Tower Research Capital LLC TRC increased its holdings in 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 in the last quarter. 94.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on the company. KeyCorp increased their target price on Helios Technologies from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Weiss Ratings restated a “hold (c)” rating on shares of Helios Technologies in a report on Tuesday, June 2nd. Stifel Nicolaus upped their price objective on Helios Technologies from $80.00 to $89.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Wall Street Zen lowered shares of Helios Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday. Finally, Zacks Research upgraded shares of Helios Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $89.75.

Helios Technologies Stock Performance

NYSE HLIO opened at $89.35 on Wednesday. The company has a market capitalization of $2.95 billion, a price-to-earnings ratio of 49.09 and a beta of 1.28. The company has a quick ratio of 1.58, a current ratio of 2.86 and a debt-to-equity ratio of 0.37. Helios Technologies, Inc has a twelve month low of $31.35 and a twelve month high of $92.41. The stock has a fifty day simple moving average of $77.22 and a 200 day simple moving average of $68.95.

Helios Technologies (NYSE:HLIO) last announced 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. Helios Technologies had a return on equity of 10.49% and a net margin of 6.98%.The firm had revenue of $228.40 million for the quarter. During the same period in the previous year, the firm posted $0.44 earnings per share. The firm’s quarterly revenue was up 16.8% compared to the same quarter last year. 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. Sell-side analysts expect that Helios Technologies, Inc will post 2.89 EPS for the current year.

Helios Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Friday, July 10th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, July 10th. Helios Technologies’s payout ratio is currently 26.37%.

Insider Buying and Selling

In other Helios Technologies news, insider Matteo Arduini sold 3,000 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $76.48, for a total transaction of $229,440.00. Following the completion of the sale, the insider owned 15,317 shares of the company’s stock, valued at approximately $1,171,444.16. This represents a 16.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.50% of the stock is owned by insiders.

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.