Janus Henderson Group PLC trimmed its stake in Helios Technologies, Inc (NYSE:HLIO – Free Report) by 5.6% during the 1st quarter, HoldingsChannel reports. The fund owned 448,501 shares of the company’s stock after selling 26,481 shares during the quarter. Janus Henderson Group PLC’s holdings in Helios Technologies were worth $29,022,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Wellington Management Group LLP grew its position in Helios Technologies by 114.9% during the 4th quarter. Wellington Management Group LLP now owns 1,997,527 shares of the company’s stock valued at $106,848,000 after purchasing an additional 1,067,846 shares during the last quarter. Jennison Associates LLC bought a new position in shares of Helios Technologies in the fourth quarter worth approximately $42,583,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Helios Technologies by 106.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 594,361 shares of the company’s stock valued at $30,984,000 after buying an additional 306,659 shares during the last quarter. Aberdeen Group plc bought a new stake in shares of Helios Technologies during the fourth quarter valued at approximately $13,681,000. Finally, Wasatch Advisors LP increased its position in shares of Helios Technologies by 35.4% during the first quarter. Wasatch Advisors LP now owns 799,008 shares of the company’s stock valued at $51,704,000 after acquiring an additional 208,823 shares in the last quarter. 94.72% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the company. Zacks Research downgraded Helios Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Stifel Nicolaus lifted their price target on shares of Helios Technologies from $89.00 to $93.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. KeyCorp lifted their price objective on Helios Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Wall Street Zen upgraded shares of Helios Technologies from a “buy” rating to a “strong-buy” rating in a research note on Sunday, June 28th. Finally, JPMorgan Chase & Co. upped their price target on Helios Technologies from $90.00 to $100.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Helios Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $93.25.
Insider Buying and Selling
In other Helios Technologies news, insider Matteo Arduini sold 6,027 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $90.42, for a total value of $544,961.34. Following the sale, the insider owned 11,317 shares in the company, valued at $1,023,283.14. This trade represents a 34.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last 90 days, insiders sold 13,027 shares of company stock valued at $1,134,121. Corporate insiders own 0.50% of the company’s stock.
Helios Technologies Stock Up 0.1%
Shares of NYSE:HLIO opened at $77.95 on Monday. The company has a market cap of $2.58 billion, a price-to-earnings ratio of 42.83 and a beta of 1.27. 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 company has a 50-day moving average price of $83.17 and a 200 day moving average price of $74.10. Helios Technologies, Inc has a 12 month low of $34.95 and a 12 month high of $95.05.
Helios Technologies (NYSE:HLIO – Get Free Report) last released its earnings results on Monday, May 11th. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.12. Helios Technologies had a return on equity of 10.49% and a net margin of 6.98%.The firm had revenue of $228.40 million for the quarter. During the same period in the prior year, the firm posted $0.44 EPS. The business’s revenue for the quarter was up 16.8% compared to the same quarter last year. Helios Technologies has set its Q2 2026 guidance at 0.780-0.830 EPS and its FY 2026 guidance at 2.750-3.000 EPS. As a group, equities research analysts predict that Helios Technologies, Inc will post 2.9 earnings per share for the current year.
Helios Technologies Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were paid a dividend of $0.12 per share. 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 0.6%. Helios Technologies’s dividend payout ratio is currently 26.37%.
Helios Technologies Profile
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.
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