Helios Technologies (NASDAQ:HLIO) has received a consensus broker rating score of 2.67 (Hold) from the six brokers that provide coverage for the company, Zacks Investment Research reports. Five investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. Helios Technologies’ rating score has declined by 2.7% in the last three months as a result of a number of analysts’ ratings changes.

Brokers have set a one year consensus price objective of $45.75 for the company and are predicting that the company will post $0.37 earnings per share for the current quarter, according to Zacks. Zacks has also given Helios Technologies an industry rank of 190 out of 255 based on the ratings given to its competitors.

Several research analysts have recently commented on the company. SunTrust Banks assumed coverage on Helios Technologies in a research report on Tuesday, December 17th. They issued a “hold” rating and a $48.00 target price for the company. Zacks Investment Research raised Helios Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, January 8th. Finally, ValuEngine downgraded Helios Technologies from a “hold” rating to a “sell” rating in a report on Tuesday, December 24th.

In other Helios Technologies news, Director Christine L. Koski sold 6,421 shares of Helios Technologies stock in a transaction on Monday, November 11th. The stock was sold at an average price of $45.34, for a total transaction of $291,128.14. Following the sale, the director now owns 58,481 shares of the company’s stock, valued at approximately $2,651,528.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Tricia L. Fulton sold 1,500 shares of Helios Technologies stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $48.00, for a total value of $72,000.00. Following the sale, the chief financial officer now directly owns 54,372 shares in the company, valued at approximately $2,609,856. The disclosure for this sale can be found here. Insiders have sold a total of 29,921 shares of company stock worth $1,367,728 in the last ninety days. 6.30% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Metropolitan Life Insurance Co NY raised its stake in shares of Helios Technologies by 3.5% in the 3rd quarter. Metropolitan Life Insurance Co NY now owns 9,100 shares of the company’s stock worth $369,000 after buying an additional 308 shares in the last quarter. California State Teachers Retirement System raised its stake in shares of Helios Technologies by 1.2% in the 3rd quarter. California State Teachers Retirement System now owns 45,651 shares of the company’s stock worth $1,852,000 after buying an additional 545 shares in the last quarter. Assetmark Inc. bought a new stake in shares of Helios Technologies in the 2nd quarter worth $28,000. Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of Helios Technologies in the 2nd quarter worth $33,000. Finally, Oppenheimer Asset Management Inc. raised its stake in shares of Helios Technologies by 10.7% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 8,932 shares of the company’s stock worth $362,000 after buying an additional 865 shares in the last quarter. 84.68% of the stock is currently owned by institutional investors.

Shares of HLIO traded down $1.43 during mid-day trading on Friday, hitting $47.38. The stock had a trading volume of 100,083 shares, compared to its average volume of 60,563. The company has a market cap of $1.56 billion, a PE ratio of 19.92 and a beta of 1.82. The company’s fifty day simple moving average is $45.63 and its two-hundred day simple moving average is $43.54. The company has a quick ratio of 1.40, a current ratio of 2.57 and a debt-to-equity ratio of 0.56. Helios Technologies has a fifty-two week low of $32.49 and a fifty-two week high of $53.60.

Helios Technologies (NASDAQ:HLIO) last issued its earnings results on Tuesday, November 5th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.58 by $0.03. The company had revenue of $138.00 million during the quarter, compared to analyst estimates of $136.74 million. Helios Technologies had a return on equity of 14.36% and a net margin of 11.08%. The business’s revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.62 EPS. Equities analysts expect that Helios Technologies will post 2.26 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 20th. Shareholders of record on Sunday, January 5th will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.76%. The ex-dividend date is Thursday, January 2nd. Helios Technologies’s payout ratio is currently 15.65%.

About Helios Technologies

Helios Technologies, Inc develops, manufactures, and sells solutions for the hydraulics and electronics markets. The company operates through two segments, Hydraulics and Electronics. The Hydraulics segment offers screw-in hydraulic cartridge valves, electro-hydraulics, manifolds, and integrated package solutions for the industrial and mobile hydraulics markets; quick release hydraulic coupling solutions for the agriculture, construction equipment, and industrial markets; and hydraulic, pneumatic, electronic, and instrumentation solutions to a range of industries, including agriculture, industrial, mining, and material handling.

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