Legal & General Group Plc Invests $2.41 Million in Helios Technologies, Inc $HLIO

Legal & General Group Plc bought a new position in Helios Technologies, Inc (NYSE:HLIO) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 26,961 shares of the company’s stock, valued at approximately $2,406,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. NewEdge Advisors LLC bought a new stake in Helios Technologies during the first quarter valued at about $29,000. Allworth Financial LP bought a new position in shares of Helios Technologies in the second quarter worth about $40,000. Triumph Capital Management purchased a new position in shares of Helios Technologies during the 3rd quarter valued at about $36,000. Quantbot Technologies LP purchased a new position in shares of Helios Technologies during the 2nd quarter valued at about $77,000. Finally, Quarry LP grew its stake in shares of Helios Technologies by 948.6% during the 3rd quarter. Quarry LP now owns 1,164 shares of the company’s stock valued at $61,000 after acquiring an additional 1,053 shares during the period. 94.72% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Matteo Arduini sold 6,027 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $90.42, for a total value of $544,961.34. Following the sale, the insider owned 11,317 shares in the company, valued at approximately $1,023,283.14. The trade was a 34.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.50% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on HLIO shares. 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. Robert W. Baird increased their price objective on shares of Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. KeyCorp raised their price objective on shares of Helios Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Wall Street Zen cut shares of Helios Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, JPMorgan Chase & Co. increased their price target on Helios Technologies from $100.00 to $110.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Helios Technologies has an average rating of “Moderate Buy” and an average price target of $96.25.

Helios Technologies Price Performance

Shares of Helios Technologies stock opened at $71.52 on Friday. The stock has a 50 day moving average of $79.15 and a 200 day moving average of $75.75. Helios Technologies, Inc has a 12 month low of $47.01 and a 12 month high of $95.05. The firm has a market cap of $2.36 billion, a PE ratio of 33.42 and a beta of 1.26. 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 (NYSE:HLIO) last released its quarterly earnings results on Monday, August 10th. The company reported $0.88 earnings per share 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 in the prior year, the business earned $0.59 EPS. 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. On average, research analysts expect that Helios Technologies, Inc will post 3.19 EPS for the current fiscal year.

Helios Technologies Dividend Announcement

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

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.