Helios Technologies (NYSE:HLIO) Lowered to “Hold” Rating by Zacks Research

Zacks Research cut shares of Helios Technologies (NYSE:HLIO) from a strong-buy rating to a hold rating in a report issued on Tuesday,Zacks.com reports.

A number of other research firms have also recently commented on HLIO. KeyCorp boosted their price target on Helios Technologies from $85.00 to $95.00 and gave the stock an “overweight” rating in a report on Monday, July 13th. Wall Street Zen raised Helios Technologies from a “buy” rating to a “strong-buy” rating in a research note on Sunday, June 28th. JPMorgan Chase & Co. lifted their target price on Helios Technologies from $90.00 to $100.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. Stifel Nicolaus boosted their target price on Helios Technologies from $89.00 to $93.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Robert W. Baird increased their target price on shares of Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $93.25.

Helios Technologies Stock Performance

Shares of NYSE:HLIO opened at $80.91 on Tuesday. The company’s 50 day simple moving average is $83.17 and its 200 day simple moving average is $73.14. The stock has a market capitalization of $2.67 billion, a price-to-earnings ratio of 44.45 and a beta of 1.25. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.86 and a quick ratio of 1.58. Helios Technologies has a 1 year low of $34.95 and a 1 year high of $95.05.

Helios Technologies (NYSE:HLIO) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.80 EPS for the quarter, beating 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 business had revenue of $228.40 million during the quarter. During the same quarter in the prior year, the firm earned $0.44 earnings per share. The firm’s revenue for the quarter 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, research analysts predict that Helios Technologies will post 2.9 EPS for the current fiscal year.

Helios Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Friday, July 10th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $0.48 annualized dividend and a dividend yield of 0.6%. Helios Technologies’s dividend payout ratio (DPR) is 26.37%.

Insiders Place Their Bets

In other Helios Technologies news, insider Matteo Arduini sold 6,027 shares of the company’s 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 owned 11,317 shares of the company’s stock, valued at $1,023,283.14. This represents a 34.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders sold 13,027 shares of company stock worth $1,134,121. Insiders own 0.50% of the company’s stock.

Institutional Trading of Helios Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Wellington Management Group LLP increased its holdings in Helios Technologies by 114.9% in the fourth quarter. Wellington Management Group LLP now owns 1,997,527 shares of the company’s stock valued at $106,848,000 after purchasing an additional 1,067,846 shares during the period. Dimensional Fund Advisors LP increased its stake in Helios Technologies by 3.5% in the third quarter. Dimensional Fund Advisors LP now owns 1,626,796 shares of the company’s stock valued at $84,806,000 after purchasing an additional 55,206 shares in the last quarter. Jennison Associates LLC increased its stake in Helios Technologies by 30.1% in the first quarter. Jennison Associates LLC now owns 1,035,977 shares of the company’s stock valued at $67,038,000 after purchasing an additional 239,876 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Helios Technologies by 7.9% during the second quarter. Bank of America Corp DE now owns 932,366 shares of the company’s stock valued at $31,113,000 after purchasing an additional 68,182 shares during the period. Finally, Wasatch Advisors LP raised its holdings in shares of Helios Technologies by 5.4% during the third quarter. Wasatch Advisors LP now owns 854,711 shares of the company’s stock valued at $44,556,000 after purchasing an additional 43,567 shares during the period. 94.72% of the stock is currently owned by institutional investors.

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.