Rice Hall James & Associates LLC Makes New $3.57 Million Investment in Helios Technologies, Inc $HLIO

Rice Hall James & Associates LLC bought a new stake in shares of Helios Technologies, Inc (NYSE:HLIO) in the second quarter, HoldingsChannel reports. The institutional investor bought 40,031 shares of the company’s stock, valued at approximately $3,573,000.

Other hedge funds have also made changes to their positions in the company. Wellington Management Group LLP increased its stake in shares of Helios Technologies by 114.9% during the fourth quarter. Wellington Management Group LLP now owns 1,997,527 shares of the company’s stock valued at $106,848,000 after buying an additional 1,067,846 shares during the period. Dimensional Fund Advisors LP lifted its stake in Helios Technologies by 3.5% in the third quarter. Dimensional Fund Advisors LP now owns 1,626,796 shares of the company’s stock worth $84,806,000 after acquiring an additional 55,206 shares during the period. Jennison Associates LLC lifted its stake in Helios Technologies by 30.1% in the first quarter. Jennison Associates LLC now owns 1,035,977 shares of the company’s stock worth $67,038,000 after acquiring an additional 239,876 shares during the period. Bank of America Corp DE grew its holdings in Helios Technologies by 7.9% during the 2nd quarter. Bank of America Corp DE now owns 932,366 shares of the company’s stock worth $31,113,000 after acquiring an additional 68,182 shares in the last quarter. Finally, Wasatch Advisors LP grew its holdings in Helios Technologies by 5.4% during the 3rd quarter. Wasatch Advisors LP now owns 854,711 shares of the company’s stock worth $44,556,000 after acquiring an additional 43,567 shares in the last quarter. 94.72% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on HLIO shares. JPMorgan Chase & Co. boosted their price target on shares of Helios Technologies from $100.00 to $110.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. 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. Zacks Research lowered shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. 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 report on Wednesday, May 13th. Finally, Wall Street Zen downgraded shares of Helios Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. One 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 company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $96.25.

Helios Technologies Price Performance

Shares of HLIO stock opened at $81.93 on Tuesday. The stock’s 50-day moving average is $82.87 and its 200 day moving average is $75.41. Helios Technologies, Inc has a 1-year low of $47.01 and a 1-year high of $95.05. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.74 and a quick ratio of 1.53. The company has a market cap of $2.70 billion, a P/E ratio of 38.29 and a beta of 1.27.

Helios Technologies (NYSE:HLIO) last announced its earnings results on Monday, August 10th. The company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.08. The business had revenue of $231.90 million during the quarter. Helios Technologies had a net margin of 8.01% and a return on equity of 11.43%. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.59 earnings per share. 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 predict that Helios Technologies, Inc will post 3.18 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 10th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Friday, July 10th. Helios Technologies’s payout ratio is 22.43%.

Insider Buying and Selling

In related news, insider Matteo Arduini sold 6,027 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $90.42, for a total transaction of $544,961.34. Following the completion of the sale, the insider owned 11,317 shares of the company’s stock, valued at $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 available at this link. 0.50% of the stock is owned by insiders.

Helios Technologies Company 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.