Helios Technologies (NYSE:HLIO – Get Free Report) had its price objective raised by equities researchers at JPMorgan Chase & Co. from $100.00 to $110.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 39.05% from the company’s previous close.
Several other research firms have also recently commented on HLIO. Stifel Nicolaus upped their price target on Helios Technologies from $89.00 to $93.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Helios Technologies in a research note on Tuesday, June 2nd. Robert W. Baird upped their price objective 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. Zacks Research cut shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Finally, Wall Street Zen downgraded shares of Helios Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Helios Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $95.75.
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Helios Technologies Price Performance
Helios Technologies (NYSE:HLIO – Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.08. Helios Technologies had a net margin of 8.01% and a return on equity of 11.49%. The firm had revenue of $231.90 million for the quarter. During the same quarter last year, the firm posted $0.59 earnings per share. The firm’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. On average, equities analysts forecast that Helios Technologies will post 2.9 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, insider Matteo Arduini sold 6,027 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $90.42, for a total transaction of $544,961.34. Following the transaction, the insider owned 11,317 shares in the company, valued at $1,023,283.14. This trade represents a 34.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders have sold 13,027 shares of company stock valued at $1,134,121. 0.50% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Helios Technologies
A number of institutional investors have recently bought and sold shares of the business. Leeward Investments LLC MA acquired a new position in Helios Technologies in the first quarter worth about $9,659,000. Fifth Third Bancorp boosted its holdings in Helios Technologies by 17,367.4% during the first quarter. Fifth Third Bancorp now owns 129,783 shares of the company’s stock valued at $8,398,000 after purchasing an additional 129,040 shares in the last quarter. Lazard Asset Management LLC bought a new stake in shares of Helios Technologies in the 1st quarter valued at approximately $1,966,000. Strs Ohio bought a new stake in shares of Helios Technologies in the 1st quarter valued at approximately $893,000. Finally, Castleark Management LLC raised its holdings in shares of Helios Technologies by 119.2% in the 4th quarter. Castleark Management LLC now owns 146,749 shares of the company’s stock worth $7,850,000 after buying an additional 79,810 shares in the last quarter. 94.72% of the stock is currently owned by institutional investors and hedge funds.
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.
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