The Manufacturers Life Insurance Company Takes $1.51 Million Position in Helios Technologies, Inc $HLIO

The Manufacturers Life Insurance Company bought a new stake in Helios Technologies, Inc (NYSE:HLIO) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 16,900 shares of the company’s stock, valued at approximately $1,508,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. William Blair Investment Management LLC bought a new stake in Helios Technologies in the second quarter valued at approximately $74,454,000. Lazard Asset Management LLC bought a new position in shares of Helios Technologies during the 1st quarter worth approximately $1,966,000. Leeward Investments LLC MA acquired a new position in shares of Helios Technologies during the 1st quarter worth approximately $9,659,000. Fifth Third Bancorp increased its holdings in shares of Helios Technologies by 17,367.4% during the 1st quarter. Fifth Third Bancorp now owns 129,783 shares of the company’s stock worth $8,398,000 after acquiring an additional 129,040 shares during the last quarter. Finally, Strs Ohio bought a new stake in Helios Technologies in the 1st quarter valued at $893,000. Institutional investors own 94.72% of the company’s stock.

Helios Technologies Stock Performance

NYSE:HLIO opened at $72.01 on Friday. The stock has a market cap of $2.37 billion, a P/E ratio of 33.65 and a beta of 1.26. The stock has a 50 day simple moving average of $79.52 and a 200 day simple moving average of $75.78. The company has a current ratio of 2.74, a quick ratio of 1.53 and a debt-to-equity ratio of 0.35. Helios Technologies, Inc has a 1-year low of $47.01 and a 1-year high of $95.05.

Helios Technologies (NYSE:HLIO) last released its quarterly 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 return on equity of 11.43% and a net margin of 8.01%.The business had revenue of $231.90 million during the quarter. During the same quarter last year, the firm earned $0.59 earnings per share. The business’s revenue for the quarter 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. Research analysts anticipate that Helios Technologies, Inc will post 3.19 earnings per share for the current year.

Helios Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Friday, July 10th. Helios Technologies’s payout ratio is presently 22.43%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. raised their price target on Helios Technologies from $100.00 to $110.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. Robert W. Baird upped their price objective on shares of Helios Technologies from $81.00 to $85.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Wall Street Zen lowered shares of Helios Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Weiss Ratings upgraded shares of Helios Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. Finally, Zacks Research downgraded shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $96.25.

Insider Activity

In related news, insider Matteo Arduini sold 6,027 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $90.42, for a total value of $544,961.34. Following the transaction, the insider directly owned 11,317 shares in the company, valued at approximately $1,023,283.14. This represents a 34.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.50% of the company’s stock.

Helios Technologies Profile

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.