16,900 Shares in Helios Technologies, Inc $HLIO Bought by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company bought a new position in shares of Helios Technologies, Inc (NYSE:HLIOFree Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 16,900 shares of the company’s stock, valued at approximately $1,508,000. The Manufacturers Life Insurance Company owned approximately 0.05% of Helios Technologies at the end of the most recent quarter.

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

Helios Technologies Trading Up 2.1%

Helios Technologies stock opened at $72.01 on Friday. The company has a market cap of $2.37 billion, a price-to-earnings ratio of 33.65 and a beta of 1.26. The firm has a 50-day moving average of $79.52 and a 200-day moving average of $75.78. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.74 and a quick ratio of 1.53. Helios Technologies, Inc has a one year low of $47.01 and a one year high of $95.05.

Helios Technologies (NYSE:HLIOGet Free Report) last released its earnings results on Monday, August 10th. The company reported $0.88 earnings per share (EPS) for the quarter, beating 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 period in the prior year, the firm posted $0.59 EPS. Helios Technologies’s revenue 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. On average, equities analysts expect that Helios Technologies, Inc will post 3.19 earnings per share for the current fiscal year.

Helios Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, July 10th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $0.48 annualized dividend and a dividend yield of 0.7%. Helios Technologies’s payout ratio is 22.43%.

Insider Activity

In other news, insider Matteo Arduini sold 6,027 shares of the company’s 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 sale, the insider owned 11,317 shares in the company, valued at $1,023,283.14. This represents a 34.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Zacks Research lowered shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. 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. Weiss Ratings raised shares of Helios Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. upped their target price on shares of Helios Technologies from $100.00 to $110.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. Finally, Wall Street Zen cut Helios Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. One research 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 company currently has an average rating of “Moderate Buy” and an average price target of $96.25.

Check Out Our Latest Analysis on HLIO

Helios Technologies Profile

(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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