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

Helios Technologies (NYSE:HLIOGet Free Report) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Wednesday,Zacks.com reports.

Several other equities analysts have also commented on HLIO. Wall Street Zen raised Helios Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 7th. JPMorgan Chase & Co. upped their target price on Helios Technologies from $90.00 to $100.00 and gave the company an “overweight” rating in a report on Tuesday. KeyCorp upped their target price on Helios Technologies from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. Stifel Nicolaus upped their target price on Helios Technologies from $80.00 to $89.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Finally, Robert W. Baird lifted their price objective on shares of Helios Technologies from $81.00 to $85.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $89.75.

Read Our Latest Stock Analysis on Helios Technologies

Helios Technologies Trading Up 0.6%

Helios Technologies stock opened at $82.98 on Wednesday. The firm’s 50-day moving average is $70.44 and its 200-day moving average is $64.85. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.58 and a current ratio of 2.86. Helios Technologies has a 1 year low of $28.79 and a 1 year high of $83.24. The company has a market cap of $2.74 billion, a P/E ratio of 45.60 and a beta of 1.23.

Helios Technologies (NYSE:HLIOGet Free Report) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.12. The company had revenue of $228.40 million for the quarter. Helios Technologies had a net margin of 6.98% and a return on equity of 10.49%. The company’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.44 earnings per share. 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. On average, equities analysts expect that Helios Technologies will post 2.89 earnings per share for the current year.

Insider Activity at Helios Technologies

In other Helios Technologies news, insider Matteo Arduini sold 3,000 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $76.48, for a total transaction of $229,440.00. Following the sale, the insider directly owned 15,317 shares in the company, valued at approximately $1,171,444.16. The trade was a 16.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On Helios Technologies

A number of institutional investors have recently added to or reduced their stakes in HLIO. Wellington Management Group LLP lifted its position 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 worth $106,848,000 after purchasing an additional 1,067,846 shares during the period. Jennison Associates LLC acquired a new stake in Helios Technologies in the fourth quarter worth approximately $42,583,000. Kennedy Capital Management LLC acquired a new stake in Helios Technologies in the third quarter worth approximately $39,503,000. Arrowstreet Capital Limited Partnership lifted its position in Helios Technologies by 106.6% in the third quarter. Arrowstreet Capital Limited Partnership now owns 594,361 shares of the company’s stock worth $30,984,000 after purchasing an additional 306,659 shares during the period. Finally, Victory Capital Management Inc. acquired a new stake in Helios Technologies in the third quarter worth approximately $14,598,000. 94.72% of the stock is currently owned by institutional investors and hedge funds.

About Helios Technologies

(Get Free Report)

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.

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Analyst Recommendations for Helios Technologies (NYSE:HLIO)

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