Helios Technologies, Inc. (NASDAQ:HLIO) Declares Quarterly Dividend of $0.09

Helios Technologies, Inc. (NASDAQ:HLIO) announced a quarterly dividend on Monday, September 22nd, RTT News reports. Shareholders of record on Tuesday, October 7th will be given a dividend of 0.09 per share on Tuesday, October 21st. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, October 7th.

Helios Technologies has a dividend payout ratio of 15.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Helios Technologies to earn $2.15 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 16.7%.

Helios Technologies Price Performance

Helios Technologies stock opened at $52.76 on Friday. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 46.69 and a beta of 1.26. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.03 and a quick ratio of 1.54. Helios Technologies has a 1 year low of $24.76 and a 1 year high of $57.29. The firm has a 50-day moving average of $51.00 and a two-hundred day moving average of $38.30.

Helios Technologies (NASDAQ:HLIO) last released its quarterly earnings data on Monday, August 4th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.09. Helios Technologies had a net margin of 4.57% and a return on equity of 8.22%. The business’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.64 earnings per share. Helios Technologies has set its FY 2025 guidance at 2.300-2.500 EPS. Q3 2025 guidance at 0.600-0.680 EPS. On average, research analysts forecast that Helios Technologies will post 2.06 earnings per share for the current year.

Analyst Upgrades and Downgrades

HLIO has been the subject of several research reports. Stifel Nicolaus upped their price target on shares of Helios Technologies from $39.00 to $43.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. KeyCorp upped their price target on shares of Helios Technologies from $45.00 to $61.00 and gave the stock an “overweight” rating in a research report on Friday, September 5th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, Helios Technologies currently has a consensus rating of “Buy” and an average target price of $51.00.

About Helios Technologies

Helios Technologies, Inc, together with its subsidiaries, provides engineered motion control and electronic control technology solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Hydraulics and Electronics. The Hydraulics segment offers cartridge valve technology products to control rates and direction of fluid flow, and to regulate and control pressures for industrial and mobile applications; hydraulic quick release coupling solutions for the agriculture, construction equipment, and industrial markets; motion control technology and fluid conveyance technology; cartridge valve technology; engineered solutions for machine users, manufacturers, or designers.