Helios Technologies, Inc. (HLIO) to Issue Quarterly Dividend of $0.09 on October 21st

Helios Technologies, Inc. (NASDAQ:HLIO) announced a quarterly dividend on Monday, September 22nd, RTT News reports. Stockholders of record on Tuesday, October 7th will be paid a dividend of 0.09 per share on Tuesday, October 21st. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, October 7th.

Helios Technologies has a dividend payout ratio of 15.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect Helios Technologies to earn $2.15 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 16.7%.

Helios Technologies Stock Up 0.8%

Shares of HLIO stock opened at $52.76 on Friday. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 46.69 and a beta of 1.26. Helios Technologies has a one year low of $24.76 and a one year high of $57.29. The company’s fifty day moving average price is $51.00 and its 200-day moving average price is $38.30. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.03 and a quick ratio of 1.54.

Helios Technologies (NASDAQ:HLIO) last announced its quarterly earnings data on Monday, August 4th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.50 by $0.09. Helios Technologies had a net margin of 4.57% and a return on equity of 8.22%. The firm’s revenue was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.64 EPS. Helios Technologies has set its FY 2025 guidance at 2.300-2.500 EPS. Q3 2025 guidance at 0.600-0.680 EPS. Sell-side analysts expect that Helios Technologies will post 2.06 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

HLIO has been the topic of several recent analyst reports. KeyCorp raised their price objective on shares of Helios Technologies from $45.00 to $61.00 and gave the company an “overweight” rating in a research report on Friday, September 5th. Stifel Nicolaus lifted their price target on shares of Helios Technologies from $39.00 to $43.00 and gave the company a “buy” rating in a report on Monday, July 21st. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $51.00.

Helios Technologies Company Profile

Helios Technologies, Inc, together with its subsidiaries, provides engineered motion control and electronic control technology solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Hydraulics and Electronics. The Hydraulics segment offers cartridge valve technology products to control rates and direction of fluid flow, and to regulate and control pressures for industrial and mobile applications; hydraulic quick release coupling solutions for the agriculture, construction equipment, and industrial markets; motion control technology and fluid conveyance technology; cartridge valve technology; engineered solutions for machine users, manufacturers, or designers.