Helios Technologies (NYSE:HLIO) Price Target Raised to $110.00 at JPMorgan Chase & Co.

Helios Technologies (NYSE:HLIO) had its target price increased by analysts at JPMorgan Chase & Co. from $100.00 to $110.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 39.05% from the company’s current price.

HLIO has been the topic of several other research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Helios Technologies in a research report on Tuesday, June 2nd. Stifel Nicolaus upped their target price on Helios Technologies from $89.00 to $93.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. Wall Street Zen downgraded Helios Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday. KeyCorp raised their target price on Helios Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Finally, Zacks Research lowered Helios Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $95.75.

Helios Technologies Trading Down 2.4%

Shares of HLIO stock traded down $1.95 on Wednesday, reaching $79.11. The company had a trading volume of 51,227 shares, compared to its average volume of 360,371. The company has a current ratio of 2.86, a quick ratio of 1.58 and a debt-to-equity ratio of 0.37. The stock has a market cap of $2.61 billion, a PE ratio of 36.84 and a beta of 1.27. The company has a 50-day moving average of $83.09 and a 200-day moving average of $74.99. Helios Technologies has a 12 month low of $47.01 and a 12 month high of $95.05.

Helios Technologies (NYSE:HLIO) last released its earnings results on Monday, August 10th. The company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.08. Helios Technologies had a net margin of 8.01% and a return on equity of 11.49%. The business had revenue of $231.90 million during the quarter. During the same period last year, the business posted $0.59 EPS. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. 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, equities analysts forecast that Helios Technologies will post 2.9 earnings per share for the current year.

Insider Activity at Helios Technologies

In related news, insider Matteo Arduini sold 6,027 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $90.42, for a total transaction of $544,961.34. Following the transaction, the insider directly owned 11,317 shares in the company, valued at $1,023,283.14. This trade represents a 34.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders have sold 13,027 shares of company stock worth $1,134,121. 0.50% of the stock is currently owned by company insiders.

Institutional Trading of Helios Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC purchased a new position in Helios Technologies in the first quarter worth about $29,000. Triumph Capital Management purchased a new position in Helios Technologies in the 3rd quarter worth approximately $36,000. Allworth Financial LP bought a new position in Helios Technologies in the 2nd quarter valued at approximately $40,000. Quarry LP lifted its position in Helios Technologies by 948.6% in 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 in the last quarter. Finally, Global Retirement Partners LLC purchased a new stake in Helios Technologies during the 4th quarter valued at $66,000. Hedge funds and other institutional investors own 94.72% of the company’s stock.

About Helios Technologies

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.