Helios Technologies (NASDAQ:HLIO) Sets New 52-Week High – Time to Buy?

Helios Technologies, Inc. (NASDAQ:HLIO) hit a new 52-week high on Tuesday . The company traded as high as $66.00 and last traded at $65.10, with a volume of 59165 shares traded. The stock had previously closed at $64.09.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. began coverage on Helios Technologies in a research report on Tuesday. They issued an “overweight” rating and a $80.00 target price on the stock. KeyCorp lifted their price objective on shares of Helios Technologies from $61.00 to $64.00 and gave the stock an “overweight” rating in a report on Tuesday, November 4th. Finally, Stifel Nicolaus set a $65.00 price objective on Helios Technologies in a report on Wednesday, November 5th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $64.50.

Helios Technologies Stock Up 1.3%

The company’s 50-day moving average price is $55.58 and its 200 day moving average price is $51.45. The stock has a market cap of $2.15 billion, a PE ratio of 57.50 and a beta of 1.29. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.54 and a current ratio of 3.03.

Helios Technologies (NASDAQ:HLIO) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.06. Helios Technologies had a net margin of 4.57% and a return on equity of 8.22%. The company’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.59 EPS. Helios Technologies has set its Q4 2025 guidance at 0.670-0.740 EPS and its FY 2025 guidance at 2.430-2.500 EPS. As a group, analysts forecast that Helios Technologies, Inc. will post 2.06 EPS for the current fiscal year.

Helios Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Wednesday, January 7th will be issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, January 7th. Helios Technologies’s dividend payout ratio (DPR) is currently 35.64%.

Institutional Investors Weigh In On Helios Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada increased its holdings in Helios Technologies by 0.6% in the first quarter. Royal Bank of Canada now owns 89,391 shares of the company’s stock valued at $2,868,000 after buying an additional 556 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Helios Technologies by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,771 shares of the company’s stock valued at $634,000 after acquiring an additional 862 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Helios Technologies by 14.2% in the first quarter. Goldman Sachs Group Inc. now owns 143,810 shares of the company’s stock valued at $4,615,000 after buying an additional 17,914 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Helios Technologies by 14.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 70,936 shares of the company’s stock valued at $2,276,000 after purchasing an additional 9,041 shares during the period. Finally, Jane Street Group LLC boosted its position in shares of Helios Technologies by 198.2% during the 1st quarter. Jane Street Group LLC now owns 56,606 shares of the company’s stock worth $1,816,000 after acquiring an additional 37,624 shares in the last quarter. Institutional investors and hedge funds own 94.72% of the company’s stock.

About Helios Technologies

Helios Technologies, Inc is a global designer, manufacturer and distributor of highly engineered motion and electronic controls solutions. Headquartered in Sarasota, Florida, the company serves original equipment manufacturers (OEMs) across mobile and industrial end markets, including agriculture, construction, material handling, oil and gas, and renewable energy. Established in 2018 through a carve-out of established hydraulic and electronic control businesses, Helios has rapidly built scale through strategic acquisitions, broadening its product portfolio and geographic reach.

The company’s Motion Technologies segment offers a comprehensive suite of hydraulic products, including gear pumps, piston pumps and motors, directional and proportional valves, cylinders, reservoirs, filtration systems and accumulators.