Helios Technologies (NYSE:HLIO) Shares Gap Down After Analyst Downgrade

Helios Technologies, Inc (NYSE:HLIO) gapped down before the market opened on Friday after KeyCorp lowered their price target on the stock from $95.00 to $85.00. The stock had previously closed at $60.09, but opened at $51.09. KeyCorp currently has an overweight rating on the stock. Helios Technologies shares last traded at $54.2970, with a volume of 101,857 shares.

Several other equities analysts have also issued reports on HLIO. Stifel Nicolaus lifted their price target on Helios Technologies from $93.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Robert W. Baird downgraded Helios Technologies from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $90.00 to $65.00 in a research report on Friday. Wall Street Zen downgraded Helios Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. JPMorgan Chase & Co. raised their price objective on Helios Technologies from $100.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. Finally, Zacks Research cut Helios Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 20th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Helios Technologies presently has an average rating of “Moderate Buy” and an average target price of $88.75.

Key Helios Technologies News

Here are the key news stories impacting Helios Technologies this week:

• Positive Sentiment: Helios reported record third-quarter sales of $229.7 million, up 4.3% year over year, and earnings of $0.80 per share, topping the $0.75 consensus estimate and last year’s $0.72. The company said sales exceeded the high end of its outlook and raised its full-year 2026 sales outlook. Helios Technologies Q3 2026 results
• Neutral Sentiment: KeyCorp lowered its price target to $85 from $95 but maintained an “overweight” rating, signaling continued optimism despite a more cautious valuation. KeyCorp price target update
• Negative Sentiment: Baird downgraded HLIO from “outperform” to “neutral” and cut its price target to $65 from $90. The downgrade and sharp target reduction could dampen investor confidence despite the quarterly beat. Baird downgrade and price target

Hedge Funds Weigh In On Helios Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. King Luther Capital Management Corp boosted its holdings in shares of Helios Technologies by 1.6% during the 3rd quarter. King Luther Capital Management Corp now owns 61,888 shares of the company’s stock valued at $4,203,000 after acquiring an additional 949 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in Helios Technologies by 359.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 240,880 shares of the company’s stock valued at $16,594,000 after purchasing an additional 188,503 shares during the period. CenterBook Partners LP acquired a new stake in shares of Helios Technologies during the third quarter worth $927,000. Fifth Third Wealth Advisors LLC bought a new stake in Helios Technologies in the third quarter worth approximately $250,000. Finally, Inspire Investing LLC grew its holdings in Helios Technologies by 23.2% in the third quarter. Inspire Investing LLC now owns 9,389 shares of the company’s stock worth $638,000 after purchasing an additional 1,771 shares during the period. Institutional investors own 94.72% of the company’s stock.

Helios Technologies Stock Performance

The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of 25.07 and a beta of 1.28. The company has a 50 day moving average price of $68.82 and a 200 day moving average price of $73.42. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.53 and a current ratio of 2.74.

Helios Technologies (NYSE:HLIO) last posted its earnings results on Thursday, November 5th. The company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.05. The company had revenue of $229.70 million for the quarter. Helios Technologies had a net margin of 8.01% and a return on equity of 11.43%. The company’s revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.72 EPS. Equities research analysts predict that Helios Technologies, Inc will post 3.17 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 26th. Shareholders of record on Tuesday, October 13th were paid a $0.12 dividend. The ex-dividend date was Tuesday, October 13th. This represents a $0.48 annualized dividend and a dividend yield of 0.9%. Helios Technologies’s payout ratio is presently 22.43%.

About Helios Technologies

Helios Technologies, Inc develops and manufactures industrial technology products for the hydraulics and electronics markets. Its offerings include hydraulic cartridge valves, manifolds and electro-hydraulic controls, as well as electronic control systems, displays, instrumentation and related connectivity solutions used in mobile equipment, industrial machinery and other specialized applications.

The company serves original equipment manufacturers and other industrial customers through a portfolio that has included the Sun Hydraulics and Enovation Controls brands.