Hillsdale Investment Management Inc. Takes Position in Helios Technologies, Inc $HLIO

Hillsdale Investment Management Inc. bought a new position in Helios Technologies, Inc (NYSE:HLIO) in the first quarter, HoldingsChannel.com reports. The fund bought 113,020 shares of the company’s stock, valued at approximately $7,314,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wellington Management Group LLP boosted its stake in Helios Technologies by 114.9% in the 4th quarter. Wellington Management Group LLP now owns 1,997,527 shares of the company’s stock valued at $106,848,000 after buying an additional 1,067,846 shares in the last quarter. Jennison Associates LLC acquired a new position in Helios Technologies during the fourth quarter worth $42,583,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Helios Technologies by 106.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 594,361 shares of the company’s stock valued at $30,984,000 after acquiring an additional 306,659 shares during the period. Aberdeen Group plc bought a new position in shares of Helios Technologies during the fourth quarter valued at $13,681,000. Finally, Wasatch Advisors LP boosted its stake in shares of Helios Technologies by 35.4% in the 1st quarter. Wasatch Advisors LP now owns 799,008 shares of the company’s stock valued at $51,704,000 after purchasing an additional 208,823 shares in the last quarter. Institutional investors own 94.72% of the company’s stock.

Helios Technologies Price Performance

Shares of HLIO stock opened at $81.17 on Wednesday. The stock’s fifty day moving average is $81.97 and its 200-day moving average is $72.01. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.58 and a current ratio of 2.86. The stock has a market capitalization of $2.68 billion, a PE ratio of 44.60 and a beta of 1.25. Helios Technologies, Inc has a 52 week low of $33.85 and a 52 week high of $95.05.

Helios Technologies (NYSE:HLIO) last released its quarterly earnings results on Monday, May 11th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.12. Helios Technologies had a return on equity of 10.49% and a net margin of 6.98%.The business had revenue of $228.40 million during the quarter. During the same period in the prior year, the firm earned $0.44 earnings per share. The business’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. Equities research analysts expect that Helios Technologies, Inc will post 2.89 EPS for the current fiscal year.

Helios Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, July 10th. Helios Technologies’s dividend payout ratio is presently 26.37%.

Insider Activity

In other news, insider Matteo Arduini sold 6,027 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $90.42, for a total transaction of $544,961.34. Following the sale, the insider directly owned 11,317 shares of the company’s stock, valued at $1,023,283.14. This represents a 34.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold 13,027 shares of company stock worth $1,134,121 in the last quarter. 0.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on HLIO. KeyCorp upped their target price on shares of Helios Technologies from $85.00 to $95.00 and gave the stock an “overweight” rating in a report on Monday. JPMorgan Chase & Co. lifted their price target on shares of Helios Technologies from $90.00 to $100.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Zacks Research upgraded shares of Helios Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Helios Technologies in a research note on Tuesday, June 2nd. Finally, Robert W. Baird raised their price objective on shares of Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Helios Technologies presently has a consensus rating of “Buy” and an average price target of $92.25.

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.