246,607 Helios Technologies, Inc $HLIO Shares Sold by Conestoga Capital Advisors LLC

Conestoga Capital Advisors LLC decreased its stake in shares of Helios Technologies, Inc (NYSE:HLIO) by 22.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 837,738 shares of the company’s stock after selling 246,607 shares during the period. Helios Technologies accounts for about 1.7% of Conestoga Capital Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding. Conestoga Capital Advisors LLC’s holdings in Helios Technologies were worth $56,899,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. BlackRock Inc. bought a new position in Helios Technologies during the second quarter worth $231,414,000. William Blair Investment Management LLC bought a new position in shares of Helios Technologies during the 2nd quarter worth about $74,454,000. Bank of America Corp DE bought a new stake in Helios Technologies in the 2nd quarter valued at about $36,693,000. Jupiter Topco LLC acquired a new position in Helios Technologies during the 2nd quarter worth approximately $36,438,000. Finally, Jennison Associates LLC raised its stake in Helios Technologies by 30.1% during the 1st quarter. Jennison Associates LLC now owns 1,035,977 shares of the company’s stock worth $67,038,000 after buying an additional 239,876 shares during the period. Institutional investors own 94.72% of the company’s stock.

Helios Technologies Price Performance

HLIO stock opened at $67.12 on Thursday. The company has a market capitalization of $2.21 billion, a P/E ratio of 31.36 and a beta of 1.28. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.53 and a current ratio of 2.74. Helios Technologies, Inc has a 52-week low of $49.86 and a 52-week high of $95.05. The business has a 50-day simple moving average of $69.11 and a two-hundred day simple moving average of $73.44.

Helios Technologies (NYSE:HLIO) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.80 by $0.08. Helios Technologies had a return on equity of 11.43% and a net margin of 8.01%. The firm had revenue of $231.90 million during the quarter. During the same period last year, the company earned $0.59 earnings per share. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. 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. Research analysts expect that Helios Technologies, Inc will post 3.17 EPS for the current fiscal year.

Helios Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, October 26th. Investors of record on Tuesday, October 13th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, October 13th. Helios Technologies’s dividend payout ratio is presently 22.43%.

Wall Street Analysts Forecast Growth

HLIO has been the topic of several recent research reports. Wall Street Zen lowered Helios Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Stifel Nicolaus upped their target price on Helios Technologies from $93.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. lifted their price target on shares of Helios Technologies from $100.00 to $110.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. KeyCorp upped 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. Finally, Zacks Research downgraded shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $96.25.

About Helios Technologies

Helios Technologies, Inc develops and manufactures industrial technology products for the hydraulics and electronics markets. Its offerings include hydraulic cartridge valves, manifolds and electro-hydraulic controls, as well as electronic control systems, displays, instrumentation and related connectivity solutions used in mobile equipment, industrial machinery and other specialized applications.

The company serves original equipment manufacturers and other industrial customers through a portfolio that has included the Sun Hydraulics and Enovation Controls brands.