Ceredex Value Advisors LLC Makes New Investment in Helios Technologies, Inc $HLIO

Ceredex Value Advisors LLC acquired a new stake in Helios Technologies, Inc (NYSE:HLIO) in the second quarter, Holdings Channel reports. The fund acquired 119,900 shares of the company’s stock, valued at approximately $10,701,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. acquired a new stake in Helios Technologies in the 2nd quarter valued at $231,414,000. Wellington Management Group LLP raised its holdings in Helios Technologies by 114.9% during the fourth quarter. Wellington Management Group LLP now owns 1,997,527 shares of the company’s stock worth $106,848,000 after buying an additional 1,067,846 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Helios Technologies by 3.5% during the third quarter. Dimensional Fund Advisors LP now owns 1,626,796 shares of the company’s stock worth $84,806,000 after buying an additional 55,206 shares during the last quarter. Jennison Associates LLC lifted its stake in shares of Helios Technologies by 30.1% in the first quarter. Jennison Associates LLC now owns 1,035,977 shares of the company’s stock valued at $67,038,000 after buying an additional 239,876 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Helios Technologies by 7.9% in the second quarter. Bank of America Corp DE now owns 932,366 shares of the company’s stock valued at $31,113,000 after buying an additional 68,182 shares in the last quarter. Institutional investors own 94.72% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on HLIO shares. KeyCorp lifted their price objective on shares of Helios Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Stifel Nicolaus raised their price target on shares of Helios Technologies from $93.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Wall Street Zen downgraded Helios Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Robert W. Baird boosted their price objective on Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Finally, JPMorgan Chase & Co. boosted their price objective on Helios Technologies from $100.00 to $110.00 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $96.25.

Helios Technologies Price Performance

HLIO opened at $76.57 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.74 and a quick ratio of 1.53. The company has a market capitalization of $2.52 billion, a price-to-earnings ratio of 35.78 and a beta of 1.27. The firm’s fifty day moving average price is $82.56 and its two-hundred day moving average price is $75.67. Helios Technologies, Inc has a 1 year low of $47.01 and a 1 year high of $95.05.

Helios Technologies (NYSE:HLIO) last announced its earnings results on Monday, August 10th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.80 by $0.08. The company had revenue of $231.90 million during the quarter. Helios Technologies had a net margin of 8.01% and a return on equity of 11.43%. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.59 EPS. 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. As a group, analysts anticipate that Helios Technologies, Inc will post 3.18 earnings per share for the current fiscal year.

Helios Technologies Dividend Announcement

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

Insider Buying and Selling

In other Helios Technologies news, insider Matteo Arduini sold 6,027 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $90.42, for a total value of $544,961.34. Following the completion of the sale, the insider owned 11,317 shares in the company, valued at approximately $1,023,283.14. This trade represents a 34.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.50% of the company’s stock.

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.