Helios Technologies (NYSE:HLIO) Price Target Raised to $110.00

Helios Technologies (NYSE:HLIO) had its price objective hoisted by JPMorgan Chase & Co. from $100.00 to $110.00 in a research report sent to investors on Wednesday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

HLIO has been the subject of a number of other research reports. Robert W. Baird upped their price objective on Helios Technologies from $81.00 to $85.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Stifel Nicolaus upped their price objective on shares of Helios Technologies from $89.00 to $93.00 and gave the company a “buy” rating in a research report on Monday, July 20th. Zacks Research lowered Helios Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Helios Technologies in a research note on Tuesday, June 2nd. Finally, KeyCorp raised their price objective on shares of Helios Technologies from $85.00 to $95.00 and gave the stock an “overweight” rating in a report on Monday, July 13th. One 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 company. According to MarketBeat.com, Helios Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $96.25.

Helios Technologies Price Performance

Shares of Helios Technologies stock opened at $81.44 on Wednesday. The stock has a market capitalization of $2.68 billion, a price-to-earnings ratio of 38.06 and a beta of 1.27. The firm’s 50-day moving average price is $82.90 and its two-hundred day moving average price is $75.23. The company has a current ratio of 2.74, a quick ratio of 1.58 and a debt-to-equity ratio of 0.35. Helios Technologies has a 1-year low of $47.01 and a 1-year high of $95.05.

Helios Technologies (NYSE:HLIO) last released its quarterly earnings results on Monday, August 10th. The company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.08. Helios Technologies had a return on equity of 11.43% and a net margin of 8.01%.The business had revenue of $231.90 million for the quarter. During the same quarter last year, the company earned $0.59 earnings per share. The firm’s revenue was up 9.1% on a year-over-year basis. 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. On average, equities analysts predict that Helios Technologies will post 3.18 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

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

Insiders Place Their Bets

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 sale, the insider directly owned 11,317 shares of the company’s stock, valued at approximately $1,023,283.14. This trade represents a 34.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Helios Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Leeward Investments LLC MA bought a new position in Helios Technologies in the first quarter valued at approximately $9,659,000. Fifth Third Bancorp lifted its stake in Helios Technologies by 17,367.4% during the first quarter. Fifth Third Bancorp now owns 129,783 shares of the company’s stock worth $8,398,000 after purchasing an additional 129,040 shares during the last quarter. Lazard Asset Management LLC acquired a new stake in shares of Helios Technologies in the 1st quarter valued at $1,966,000. Strs Ohio acquired a new stake in shares of Helios Technologies in the 1st quarter valued at $893,000. Finally, Wasatch Advisors LP grew its position in Helios Technologies by 35.4% in the first quarter. Wasatch Advisors LP now owns 799,008 shares of the company’s stock valued at $51,704,000 after acquiring an additional 208,823 shares during the last quarter. 94.72% of the stock is owned by institutional investors and hedge funds.

Helios Technologies Company Profile

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.