Helios Technologies (NYSE:HLIO) Upgraded to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Helios Technologies (NYSE:HLIOFree Report) from a hold rating to a strong-buy rating in a research report sent to investors on Wednesday morning,Zacks.com reports.

Several other equities research analysts also recently issued reports on HLIO. Stifel Nicolaus lifted their price target on shares of Helios Technologies from $80.00 to $89.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. Robert W. Baird lifted their price target on shares of Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. JPMorgan Chase & Co. lifted their price target on shares of Helios Technologies from $90.00 to $100.00 and gave the stock an “overweight” rating in a research note on Tuesday. KeyCorp lifted their price target on shares of Helios Technologies from $82.00 to $85.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Finally, Wall Street Zen raised shares of Helios Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 7th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $89.75.

Get Our Latest Stock Analysis on Helios Technologies

Helios Technologies Stock Performance

Shares of HLIO stock opened at $82.98 on Wednesday. The company’s fifty day simple moving average is $70.44 and its 200-day simple moving average is $64.85. Helios Technologies has a 52 week low of $28.79 and a 52 week high of $83.24. 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 company has a market cap of $2.74 billion, a PE ratio of 45.60 and a beta of 1.23.

Helios Technologies (NYSE:HLIOGet Free Report) last released 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. Helios Technologies had a net margin of 6.98% and a return on equity of 10.49%. The firm had revenue of $228.40 million for the quarter. During the same period last year, the firm earned $0.44 EPS. The business’s quarterly revenue was up 16.8% on a year-over-year basis. 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, equities research analysts anticipate that Helios Technologies will post 2.89 EPS for the current year.

Helios Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, April 13th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, April 13th. This represents a $0.48 annualized dividend and a yield of 0.6%. This is an increase from Helios Technologies’s previous quarterly dividend of $0.09. Helios Technologies’s dividend payout ratio (DPR) is 26.37%.

Insiders Place Their Bets

In other Helios Technologies news, insider Matteo Arduini sold 3,000 shares of the firm’s stock in a transaction 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 completion of the transaction, the insider directly owned 15,317 shares of the company’s stock, valued at $1,171,444.16. This trade represents a 16.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in HLIO. Triumph Capital Management acquired a new position in Helios Technologies during the 3rd quarter worth $36,000. Quarry LP grew its holdings in Helios Technologies by 948.6% during the 3rd quarter. Quarry LP now owns 1,164 shares of the company’s stock worth $61,000 after acquiring an additional 1,053 shares in the last quarter. Global Retirement Partners LLC acquired a new position in Helios Technologies during the 4th quarter worth $66,000. Kemnay Advisory Services Inc. acquired a new position in Helios Technologies during the 4th quarter worth $104,000. Finally, Tower Research Capital LLC TRC grew its holdings in Helios Technologies by 39.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,239 shares of the company’s stock worth $141,000 after acquiring an additional 1,196 shares in the last quarter. 94.72% of the stock is owned by institutional investors and hedge funds.

Helios Technologies Company Profile

(Get 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.

Further Reading

Analyst Recommendations for Helios Technologies (NYSE:HLIO)

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