Connor Clark & Lunn Investment Management Ltd. Takes Position in Helios Technologies, Inc $HLIO

Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Helios Technologies, Inc (NYSE:HLIO) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 26,196 shares of the company’s stock, valued at approximately $2,338,000.

A number of other large investors have also recently added to or reduced their stakes in HLIO. Quantbot Technologies LP acquired a new position in Helios Technologies in the second quarter valued at approximately $77,000. William Blair Investment Management LLC acquired a new stake in Helios Technologies during the second quarter worth $74,454,000. EP Wealth Advisors LLC acquired a new stake in Helios Technologies during the second quarter worth $429,000. Ieq Capital LLC purchased a new stake in Helios Technologies in the second quarter valued at $348,000. Finally, Allworth Financial LP purchased a new stake in Helios Technologies in the second quarter valued at $40,000. 94.72% of the stock is currently owned by institutional investors and hedge funds.

Helios Technologies Stock Down 2.0%

NYSE:HLIO opened at $72.97 on Friday. The company has a quick ratio of 1.53, a current ratio of 2.74 and a debt-to-equity ratio of 0.35. The stock’s fifty day moving average is $81.08 and its two-hundred day moving average is $75.82. Helios Technologies, Inc has a 52 week low of $47.01 and a 52 week high of $95.05. The stock has a market capitalization of $2.40 billion, a price-to-earnings ratio of 34.10 and a beta of 1.27.

Helios Technologies (NYSE:HLIO) last released its quarterly earnings results on Monday, August 10th. The company reported $0.88 EPS for the quarter, topping the consensus estimate 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 during the quarter. During the same quarter in the prior year, the business earned $0.59 earnings per share. The company’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 anticipate that Helios Technologies, Inc will post 3.19 EPS for the current year.

Helios Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 10th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Friday, July 10th. Helios Technologies’s dividend payout ratio (DPR) is 22.43%.

Insider Buying and Selling

In other Helios Technologies news, insider Matteo Arduini sold 6,027 shares of Helios Technologies stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $90.42, for a total value of $544,961.34. Following the completion of the transaction, the insider directly owned 11,317 shares of the company’s stock, valued at $1,023,283.14. The trade was a 34.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on HLIO shares. Stifel Nicolaus increased their price target on Helios Technologies from $93.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. 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. upped their target price on shares of Helios Technologies from $100.00 to $110.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Robert W. Baird upped their target price on shares of Helios Technologies from $81.00 to $85.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings raised shares of Helios Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. 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. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $96.25.

About Helios Technologies

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.