Diamond Hill Capital Management Inc. Sells 256,298 Shares of Helios Technologies, Inc $HLIO

Diamond Hill Capital Management Inc. lessened its holdings in shares of Helios Technologies, Inc (NYSE:HLIO) by 88.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,930 shares of the company’s stock after selling 256,298 shares during the period. Diamond Hill Capital Management Inc.’s holdings in Helios Technologies were worth $1,868,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its position in shares of Helios Technologies by 3.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,626,796 shares of the company’s stock worth $84,806,000 after purchasing an additional 55,206 shares in the last quarter. Thrivent Financial for Lutherans grew its position in shares of Helios Technologies by 7.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,530,525 shares of the company’s stock worth $79,787,000 after purchasing an additional 112,213 shares in the last quarter. Bank of America Corp DE grew its position in shares of Helios Technologies by 7.9% during the 2nd quarter. Bank of America Corp DE now owns 932,366 shares of the company’s stock worth $31,113,000 after purchasing an additional 68,182 shares in the last quarter. Wasatch Advisors LP grew its position in shares of Helios Technologies by 5.4% during the 3rd quarter. Wasatch Advisors LP now owns 854,711 shares of the company’s stock worth $44,556,000 after purchasing an additional 43,567 shares in the last quarter. Finally, Jennison Associates LLC acquired a new position in shares of Helios Technologies during the 4th quarter worth approximately $42,583,000. Institutional investors and hedge funds own 94.72% of the company’s stock.

Helios Technologies Stock Performance

NYSE HLIO opened at $78.99 on Friday. 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 firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of 43.40 and a beta of 1.23. The firm’s 50 day simple moving average is $69.11 and its 200 day simple moving average is $64.07. Helios Technologies, Inc has a 1 year low of $28.79 and a 1 year high of $80.00.

Helios Technologies (NYSE:HLIO) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.12. The business had revenue of $228.40 million for the quarter. Helios Technologies had a net margin of 6.98% and a return on equity of 10.49%. The business’s revenue was up 16.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.44 EPS. 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. As a group, research analysts expect that Helios Technologies, Inc will post 2.89 earnings per share for the current fiscal year.

Helios Technologies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 27th. Investors of record on Monday, April 13th were given a dividend of $0.12 per share. The ex-dividend date was Monday, April 13th. This represents a $0.48 annualized dividend and a dividend yield of 0.6%. This is a positive change from Helios Technologies’s previous quarterly dividend of $0.09. Helios Technologies’s dividend payout ratio (DPR) is 26.37%.

Analyst Upgrades and Downgrades

HLIO has been the topic of a number of analyst reports. Robert W. Baird increased their target price on shares of Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. KeyCorp increased their target price on shares of Helios Technologies from $82.00 to $85.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Stifel Nicolaus increased their target price on shares of Helios Technologies from $80.00 to $89.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Wall Street Zen upgraded shares of Helios Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 7th. Finally, Zacks Research lowered shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 2nd. One equities 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. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $87.25.

Insider Activity

In related news, insider Matteo Arduini sold 3,000 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $76.48, for a total transaction of $229,440.00. Following the sale, the insider owned 15,317 shares in the company, valued at approximately $1,171,444.16. This trade represents a 16.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.50% of the company’s stock.

Helios Technologies 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.