Diamond Hill Capital Management LLC Investment Advisor Purchases Shares of 14,061 Helios Technologies, Inc $HLIO

Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in Helios Technologies, Inc (NYSE:HLIO) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 14,061 shares of the company’s stock, valued at approximately $1,255,000.

Several other large investors have also made changes to their positions in the company. Leeward Investments LLC MA bought a new position in shares of Helios Technologies in the first quarter valued at about $9,659,000. Fifth Third Bancorp raised its stake in shares of Helios Technologies by 17,367.4% during the first quarter. Fifth Third Bancorp now owns 129,783 shares of the company’s stock worth $8,398,000 after buying an additional 129,040 shares during the last quarter. Lazard Asset Management LLC acquired a new position in shares of Helios Technologies in the 1st quarter valued at $1,966,000. Strs Ohio acquired a new position in Helios Technologies in the first quarter valued at about $893,000. Finally, Wasatch Advisors LP raised its position in shares of Helios Technologies by 35.4% in the 1st quarter. Wasatch Advisors LP now owns 799,008 shares of the company’s stock valued at $51,704,000 after acquiring an additional 208,823 shares during the period. Institutional investors own 94.72% of the company’s stock.

Insiders Place Their Bets

In other news, insider Matteo Arduini sold 6,027 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $90.42, for a total value 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 document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on HLIO. Weiss Ratings upgraded Helios Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 12th. KeyCorp increased their price objective on shares of Helios Technologies from $85.00 to $95.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Wall Street Zen downgraded Helios Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. JPMorgan Chase & Co. lifted their price target on Helios Technologies from $100.00 to $110.00 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. Finally, Zacks Research downgraded shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $96.25.

Helios Technologies Trading Up 0.5%

HLIO opened at $81.93 on Tuesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.74 and a quick ratio of 1.53. Helios Technologies, Inc has a fifty-two week low of $47.01 and a fifty-two week high of $95.05. The firm has a market capitalization of $2.70 billion, a price-to-earnings ratio of 38.29 and a beta of 1.27. The company’s 50 day moving average price is $82.87 and its two-hundred day moving average price is $75.41.

Helios Technologies (NYSE:HLIO) last released its earnings results on Monday, August 10th. The company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.08. Helios Technologies had a net margin of 8.01% and a return on equity of 11.43%. The business had revenue of $231.90 million during the quarter. During the same period in the prior year, the company posted $0.59 EPS. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. 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. As a group, research analysts predict that Helios Technologies, Inc will post 3.18 earnings per share for the current year.

Helios Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, July 10th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, July 10th. This represents a $0.48 annualized dividend and a yield of 0.6%. Helios Technologies’s dividend payout ratio is presently 22.43%.

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.