Connor Clark & Lunn Investment Management Ltd. Acquires Shares of 26,196 Helios Technologies, Inc $HLIO

Connor Clark & Lunn Investment Management Ltd. bought a new stake in Helios Technologies, Inc (NYSE:HLIO) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 26,196 shares of the company’s stock, valued at approximately $2,338,000. Connor Clark & Lunn Investment Management Ltd. owned 0.08% of Helios Technologies as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Quantbot Technologies LP acquired a new position in shares of Helios Technologies during the 2nd quarter worth about $77,000. William Blair Investment Management LLC purchased a new position in Helios Technologies in the 2nd quarter valued at about $74,454,000. EP Wealth Advisors LLC acquired a new stake in Helios Technologies in the 2nd quarter worth about $429,000. Ieq Capital LLC acquired a new stake in Helios Technologies in the 2nd quarter worth about $348,000. Finally, Allworth Financial LP purchased a new stake in Helios Technologies during the 2nd quarter worth approximately $40,000. Hedge funds and other institutional investors own 94.72% of the company’s stock.

Insider Activity

In other news, insider Matteo Arduini sold 6,027 shares of Helios Technologies stock in a transaction 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 owned 11,317 shares in the company, valued at $1,023,283.14. The trade was a 34.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Wall Street Zen cut Helios Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Weiss Ratings raised Helios Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. KeyCorp boosted their price target on Helios Technologies from $85.00 to $95.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Robert W. Baird increased their price objective on Helios Technologies from $81.00 to $85.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Finally, Zacks Research lowered Helios Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. 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 MarketBeat.com, Helios Technologies currently has an average rating of “Moderate Buy” and an average target price of $96.25.

Helios Technologies Trading Down 2.0%

Shares of Helios Technologies stock opened at $72.97 on Friday. 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 stock’s 50 day simple moving average is $81.08 and its 200-day simple moving average is $75.82. The stock has a market cap of $2.40 billion, a P/E ratio of 34.10 and a beta of 1.27. Helios Technologies, Inc has a 1-year low of $47.01 and a 1-year high of $95.05.

Helios Technologies (NYSE:HLIO) last posted its quarterly earnings results on Monday, August 10th. The company reported $0.88 EPS 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 firm had revenue of $231.90 million during the quarter. During the same period in the prior year, the business posted $0.59 EPS. Helios Technologies’s revenue for the quarter 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. Analysts predict that Helios Technologies, Inc will post 3.19 EPS for the current fiscal year.

Helios Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, July 10th were paid 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%.

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.