Quantedge Capital Pte Ltd Buys New Holdings in Helios Technologies, Inc $HLIO

Quantedge Capital Pte Ltd purchased a new position in Helios Technologies, Inc (NYSE:HLIOFree Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,200 shares of the company’s stock, valued at approximately $595,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its holdings in shares of Helios Technologies by 0.6% in the 1st quarter. Royal Bank of Canada now owns 89,391 shares of the company’s stock valued at $2,868,000 after purchasing an additional 556 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Helios Technologies by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,771 shares of the company’s stock worth $634,000 after purchasing an additional 862 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Helios Technologies by 14.2% during the first quarter. Goldman Sachs Group Inc. now owns 143,810 shares of the company’s stock worth $4,615,000 after purchasing an additional 17,914 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Helios Technologies by 14.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 70,936 shares of the company’s stock worth $2,276,000 after purchasing an additional 9,041 shares in the last quarter. Finally, Jane Street Group LLC grew its stake in shares of Helios Technologies by 198.2% during the first quarter. Jane Street Group LLC now owns 56,606 shares of the company’s stock worth $1,816,000 after purchasing an additional 37,624 shares in the last quarter. Institutional investors and hedge funds own 94.72% of the company’s stock.

Analyst Ratings Changes

HLIO has been the topic of a number of analyst reports. Wall Street Zen upgraded Helios Technologies from a “buy” rating to a “strong-buy” rating in a research note on Sunday, June 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Helios Technologies in a report on Tuesday, June 2nd. Zacks Research raised Helios Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. KeyCorp increased their price objective on Helios Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Finally, Robert W. Baird raised their target price on Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $93.25.

Get Our Latest Analysis on HLIO

Helios Technologies Trading Up 1.0%

Shares of Helios Technologies stock opened at $81.91 on Wednesday. The company has a current ratio of 2.86, a quick ratio of 1.58 and a debt-to-equity ratio of 0.37. The company has a fifty day simple moving average of $83.05 and a 200-day simple moving average of $72.94. The stock has a market cap of $2.71 billion, a price-to-earnings ratio of 45.00 and a beta of 1.25. Helios Technologies, Inc has a 12-month low of $34.95 and a 12-month high of $95.05.

Helios Technologies (NYSE:HLIOGet Free Report) last announced its quarterly 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 net margin of 6.98% and a return on equity of 10.49%. The firm had revenue of $228.40 million for the quarter. During the same quarter in the prior year, the business earned $0.44 earnings per share. Helios Technologies’s 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. On average, equities analysts forecast that Helios Technologies, Inc will post 2.9 EPS for the current fiscal year.

Helios Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Friday, July 10th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $0.48 annualized dividend and a dividend yield of 0.6%. Helios Technologies’s dividend payout ratio (DPR) is presently 26.37%.

Insider Activity

In other news, insider Matteo Arduini sold 6,027 shares of Helios Technologies stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $90.42, for a total transaction of $544,961.34. Following the sale, the insider owned 11,317 shares in the company, valued at approximately $1,023,283.14. The trade was 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 accessible through this link. Insiders sold a total of 13,027 shares of company stock worth $1,134,121 over the last 90 days. Company insiders own 0.50% of the company’s stock.

About Helios Technologies

(Free Report)

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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Institutional Ownership by Quarter for Helios Technologies (NYSE:HLIO)

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