Helios Technologies (NYSE:HLIO) Raised to “Strong-Buy” at Zacks Research

Helios Technologies (NYSE:HLIO) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Tuesday, Zacks reports.

Several other equities research analysts have also commented on the company. JPMorgan Chase & Co. upped their price objective on Helios Technologies from $100.00 to $110.00 and gave the stock an “overweight” rating in a research note 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. Stifel Nicolaus boosted their price target on Helios Technologies from $93.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Weiss Ratings cut Helios Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, September 17th. Finally, KeyCorp raised their price objective on Helios Technologies from $85.00 to $95.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Helios Technologies has a consensus rating of “Buy” and an average target price of $96.25.

Helios Technologies Price Performance

Shares of NYSE:HLIO opened at $67.84 on Tuesday. 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 has a market capitalization of $2.24 billion, a PE ratio of 31.70 and a beta of 1.26. The firm’s 50 day moving average price is $74.35 and its 200-day moving average price is $75.49. Helios Technologies has a twelve month low of $47.01 and a twelve month high of $95.05.

Helios Technologies (NYSE:HLIO) last announced its earnings results 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 11.43%. The company had revenue of $231.90 million during the quarter. During the same quarter last year, the firm posted $0.59 earnings per share. The business’s quarterly revenue 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. Equities research analysts expect that Helios Technologies will post 3.19 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of Helios Technologies in the second quarter worth $231,414,000. William Blair Investment Management LLC purchased a new position in Helios Technologies during the second quarter valued at $74,454,000. Bank of America Corp DE bought a new stake in Helios Technologies in the 2nd quarter valued at $36,693,000. Jupiter Topco LLC bought a new stake in Helios Technologies in the 2nd quarter valued at $36,438,000. Finally, Jennison Associates LLC lifted its stake in Helios Technologies by 30.1% in the 1st quarter. Jennison Associates LLC now owns 1,035,977 shares of the company’s stock worth $67,038,000 after purchasing an additional 239,876 shares in the last quarter. Institutional investors own 94.72% of the company’s stock.

Helios Technologies Company Profile

Helios Technologies, Inc is an industrial technology company that develops and manufactures solutions for motion control and electronic control systems. Its products are used by original equipment manufacturers and other customers in markets including mobile and off-highway equipment, industrial machinery, energy, recreational vehicles, and health and wellness applications.

The company operates through two primary areas: hydraulics and electronics. Its hydraulics portfolio includes cartridge valves, electro-hydraulic valves, integrated hydraulic manifolds, and related controls marketed under brands such as Sun Hydraulics.