Legal & General Group Plc Invests $2.41 Million in Helios Technologies, Inc $HLIO

Legal & General Group Plc purchased a new position in Helios Technologies, Inc (NYSE:HLIO) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 26,961 shares of the company’s stock, valued at approximately $2,406,000. Legal & General Group Plc owned approximately 0.08% of Helios Technologies at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in Helios Technologies in the second quarter worth about $231,414,000. Wellington Management Group LLP lifted its holdings in shares of Helios Technologies by 114.9% during the fourth quarter. Wellington Management Group LLP now owns 1,997,527 shares of the company’s stock valued at $106,848,000 after purchasing an additional 1,067,846 shares during the last quarter. William Blair Investment Management LLC purchased a new position in shares of Helios Technologies during the second quarter valued at approximately $74,454,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Helios Technologies by 106.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 594,361 shares of the company’s stock worth $30,984,000 after purchasing an additional 306,659 shares in the last quarter. Finally, Jennison Associates LLC boosted its position in shares of Helios Technologies by 30.1% in the 1st quarter. Jennison Associates LLC now owns 1,035,977 shares of the company’s stock worth $67,038,000 after purchasing an additional 239,876 shares in the last quarter. 94.72% of the stock is owned by hedge funds and other institutional investors.

Helios Technologies Trading Down 0.8%

NYSE:HLIO opened at $71.52 on Friday. The company has a market cap of $2.36 billion, a PE ratio of 33.42 and a beta of 1.26. The company has a current ratio of 2.74, a quick ratio of 1.53 and a debt-to-equity ratio of 0.35. The company has a 50 day simple moving average of $79.15 and a two-hundred day simple moving average of $75.75. Helios Technologies, Inc has a 12 month low of $47.01 and a 12 month high of $95.05.

Helios Technologies (NYSE:HLIO) last released its quarterly earnings results on Monday, August 10th. The company reported $0.88 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $231.90 million for the quarter. During the same quarter last year, the business earned $0.59 earnings per share. The business’s quarterly revenue was up 9.1% on a year-over-year basis. 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 forecast that Helios Technologies, Inc will post 3.19 earnings per share for the current year.

Helios Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 24th. Stockholders 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 dividend payout ratio is presently 22.43%.

Insider Activity at Helios Technologies

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 value of $544,961.34. Following the transaction, 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 Securities & Exchange Commission, which is available at this link. 0.50% of the stock is owned by insiders.

Analyst Ratings Changes

HLIO has been the subject of a number of analyst reports. Zacks Research lowered Helios Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 21st. Stifel Nicolaus raised their price target on Helios Technologies from $93.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Robert W. Baird lifted their price target on Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. JPMorgan Chase & Co. upped their price target 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, KeyCorp increased their price objective on shares of Helios Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. 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 company. Based on data from MarketBeat.com, Helios Technologies has an average rating of “Moderate Buy” and an average target price of $96.25.

Helios Technologies Company Profile

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.