Helios Technologies, Inc $HLIO Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP lessened its holdings in shares of Helios Technologies, Inc (NYSE:HLIO) by 32.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 887,417 shares of the company’s stock after selling 419,256 shares during the period. Wellington Management Group LLP owned 2.69% of Helios Technologies worth $79,202,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in HLIO. LPL Financial LLC grew its position in Helios Technologies by 5.1% during the fourth quarter. LPL Financial LLC now owns 5,689 shares of the company’s stock worth $304,000 after buying an additional 274 shares during the period. Osaic Holdings Inc. grew its holdings in Helios Technologies by 14.1% in the fourth quarter. Osaic Holdings Inc. now owns 2,942 shares of the company’s stock valued at $158,000 after purchasing an additional 363 shares during the period. ProShare Advisors LLC grew its stake in shares of Helios Technologies by 6.9% during the 4th quarter. ProShare Advisors LLC now owns 6,065 shares of the company’s stock valued at $324,000 after buying an additional 391 shares during the period. NewEdge Advisors LLC acquired a new stake in Helios Technologies during the first quarter worth about $29,000. Finally, Allworth Financial LP purchased a new stake in Helios Technologies during the 2nd quarter worth $40,000. Hedge funds and other institutional investors own 94.72% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on HLIO. Robert W. Baird upped 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. Zacks Research lowered Helios Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Stifel Nicolaus upped their target price on Helios Technologies from $93.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. raised their price objective on shares of Helios Technologies from $100.00 to $110.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Finally, Weiss Ratings raised Helios Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $96.25.

Insider Buying and Selling

In other Helios Technologies news, insider Matteo Arduini sold 6,027 shares of the business’s 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 transaction, the insider owned 11,317 shares of the company’s stock, valued at approximately $1,023,283.14. The trade was a 34.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.50% of the company’s stock.

Helios Technologies Stock Performance

HLIO opened at $70.73 on Thursday. Helios Technologies, Inc has a 12-month low of $47.01 and a 12-month high of $95.05. The stock’s 50 day moving average price is $79.94 and its two-hundred day moving average price is $75.80. The firm has a market capitalization of $2.33 billion, a P/E ratio of 33.05 and a beta of 1.26. 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 issued its quarterly 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. The firm had revenue of $231.90 million during the quarter. Helios Technologies had a net margin of 8.01% and a return on equity of 11.43%. Helios Technologies’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period last year, the company earned $0.59 earnings per share. 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, Inc will post 3.19 earnings per share for the current year.

Helios Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were paid a $0.12 dividend. The ex-dividend date was Friday, July 10th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.7%. Helios Technologies’s payout ratio is 22.43%.

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.