Northland Securities Comments on Hyliion FY2027 Earnings

Hyliion Holdings Corp. (NYSE:HYLN) – Investment analysts at Northland Securities raised their FY2027 EPS estimates for shares of Hyliion in a research report issued to clients and investors on Thursday, February 26th. Northland Securities analyst E. Jackson now forecasts that the company will earn ($0.34) per share for the year, up from their prior forecast of ($0.35). The consensus estimate for Hyliion’s current full-year earnings is ($0.28) per share.

Separately, Wall Street Zen raised shares of Hyliion from a “sell” rating to a “hold” rating in a report on Sunday, December 28th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Hyliion has a consensus rating of “Moderate Buy” and a consensus price target of $5.00.

Hyliion Stock Down 9.4%

Shares of NYSE HYLN opened at $2.02 on Monday. The stock has a market capitalization of $355.47 million, a price-to-earnings ratio of -5.46 and a beta of 2.57. Hyliion has a 52 week low of $1.11 and a 52 week high of $2.56. The firm has a 50-day moving average price of $2.04 and a 200 day moving average price of $1.98.

Hedge Funds Weigh In On Hyliion

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Hyliion by 8,348.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 20,107 shares of the company’s stock valued at $37,000 after purchasing an additional 19,869 shares in the last quarter. Invesco Ltd. raised its position in shares of Hyliion by 76.3% during the 4th quarter. Invesco Ltd. now owns 6,253,598 shares of the company’s stock worth $11,507,000 after purchasing an additional 2,706,803 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of Hyliion by 103.4% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 68,142 shares of the company’s stock worth $125,000 after purchasing an additional 34,645 shares during the last quarter. XTX Topco Ltd purchased a new stake in Hyliion in the 4th quarter valued at approximately $93,000. Finally, Barclays PLC grew its holdings in Hyliion by 10.1% during the 4th quarter. Barclays PLC now owns 193,155 shares of the company’s stock valued at $355,000 after buying an additional 17,747 shares during the last quarter. Institutional investors and hedge funds own 22.81% of the company’s stock.

About Hyliion

Hyliion Holdings Corp. develops electrified powertrain solutions aimed at reducing fuel consumption and emissions for Class 8 commercial vehicles. Its flagship offerings include the Hypertruck ERX electric axle and hybrid powertrain systems that integrate battery packs with onboard natural gas generators. These modular solutions are designed to retrofit existing diesel trucks or to be incorporated by original equipment manufacturers, allowing fleets to transition toward lower-carbon operations without replacing entire fleets.

Founded in 2015 by Thomas Healy and based in Austin, Texas, Hyliion went public in 2020 via a special purpose acquisition company (SPAC) merger.