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

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

Helios Technologies has a payout ratio of 15.9% indicating that its dividend is sufficiently covered by earnings. 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 Stock Performance

Shares of HLIO opened at $54.55 on Tuesday. Helios Technologies has a 52-week low of $24.76 and a 52-week high of $57.29. The stock’s 50-day simple moving average is $48.09 and its 200 day simple moving average is $37.26. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.54 and a current ratio of 3.03. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 48.27 and a beta of 1.30.

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

Analysts Set New Price Targets

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

Helios Technologies Company Profile

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.