Helios Technologies (NYSE:HLIO) Stock Moved Up to “Strong-Buy” by Zacks Research

Zacks Research upgraded shares of Helios Technologies (NYSE:HLIO) from a hold rating to a strong-buy rating in a report released on Tuesday morning,Zacks reports.

Several other equities analysts have also recently weighed in on the company. Stifel Nicolaus lifted their price target on Helios Technologies from $93.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. raised their target price on Helios Technologies from $100.00 to $110.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. KeyCorp lifted 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. Wall Street Zen cut Helios Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings downgraded shares of Helios Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, September 17th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Helios Technologies presently has an average rating of “Buy” and a consensus target price of $96.25.

Helios Technologies Stock Performance

NYSE HLIO opened at $67.84 on Tuesday. The company’s 50 day moving average is $74.35 and its 200-day moving average is $75.49. The firm has a market cap of $2.24 billion, a P/E ratio of 31.70 and a beta of 1.26. Helios Technologies has a 12-month low of $47.01 and a 12-month high of $95.05. The company has a quick ratio of 1.53, a current ratio of 2.74 and a debt-to-equity ratio of 0.35.

Helios Technologies (NYSE:HLIO) last released its quarterly earnings data 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 11.43%. The business had revenue of $231.90 million during the quarter. During the same quarter in the prior year, the firm posted $0.59 earnings per share. The firm’s quarterly revenue 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. Sell-side analysts predict that Helios Technologies will post 3.19 earnings per share for the current year.

Helios Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, October 26th. Stockholders of record on Tuesday, October 13th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, October 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.7%. Helios Technologies’s dividend payout ratio is presently 22.43%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. William Blair Investment Management LLC purchased a new position in shares of Helios Technologies during the 2nd quarter valued at about $74,454,000. Bank of New York Mellon Corp purchased a new stake in Helios Technologies in the second quarter worth approximately $14,921,000. Leeward Investments LLC MA purchased a new stake in Helios Technologies in the first quarter worth approximately $9,659,000. Lazard Asset Management LLC bought a new position in Helios Technologies during the first quarter valued at approximately $1,966,000. Finally, Fifth Third Bancorp grew its position in Helios Technologies by 17,367.4% during the first quarter. Fifth Third Bancorp now owns 129,783 shares of the company’s stock valued at $8,398,000 after acquiring an additional 129,040 shares during the last quarter. 94.72% of the stock is currently owned by hedge funds and other institutional investors.

Helios Technologies Company Profile

Helios Technologies, Inc is an industrial technology company that develops and manufactures solutions for motion control and electronic control systems. Its products are used by original equipment manufacturers and other customers in markets including mobile and off-highway equipment, industrial machinery, energy, recreational vehicles, and health and wellness applications.

The company operates through two primary areas: hydraulics and electronics. Its hydraulics portfolio includes cartridge valves, electro-hydraulic valves, integrated hydraulic manifolds, and related controls marketed under brands such as Sun Hydraulics.