VIRGINIA RETIREMENT SYSTEMS ET Al Invests $2.68 Million in Helios Technologies, Inc $HLIO

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Helios Technologies, Inc (NYSE:HLIO) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 30,000 shares of the company’s stock, valued at approximately $2,678,000.

A number of other hedge funds have also modified their holdings of HLIO. Royal Bank of Canada boosted its stake in Helios Technologies by 0.6% during the 1st quarter. Royal Bank of Canada now owns 89,391 shares of the company’s stock worth $2,868,000 after acquiring an additional 556 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Helios Technologies by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,771 shares of the company’s stock valued at $634,000 after purchasing an additional 862 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Helios Technologies by 14.2% in the first quarter. Goldman Sachs Group Inc. now owns 143,810 shares of the company’s stock valued at $4,615,000 after purchasing an additional 17,914 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Helios Technologies by 14.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 70,936 shares of the company’s stock worth $2,276,000 after purchasing an additional 9,041 shares during the period. Finally, Jane Street Group LLC boosted its position in shares of Helios Technologies by 198.2% during the first quarter. Jane Street Group LLC now owns 56,606 shares of the company’s stock worth $1,816,000 after purchasing an additional 37,624 shares in the last quarter. 94.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on HLIO. Stifel Nicolaus boosted their price target on shares of Helios Technologies from $93.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Wall Street Zen downgraded Helios Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Weiss Ratings upgraded Helios Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 12th. KeyCorp boosted their target price on Helios Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Finally, JPMorgan Chase & Co. increased their price target on Helios Technologies from $100.00 to $110.00 and gave the stock an “overweight” rating in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $96.25.

Helios Technologies Stock Down 4.0%

HLIO stock opened at $67.87 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 has a market capitalization of $2.24 billion, a P/E ratio of 31.72 and a beta of 1.26. Helios Technologies, Inc has a fifty-two week low of $47.01 and a fifty-two week high of $95.05. The business has a 50-day moving average of $77.86 and a 200-day moving average of $75.64.

Helios Technologies (NYSE:HLIO) last announced its earnings results on Monday, August 10th. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.08. The business had revenue of $231.90 million for the quarter. Helios Technologies had a return on equity of 11.43% and a net margin of 8.01%.The firm’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.59 EPS. 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, sell-side analysts anticipate that Helios Technologies, Inc will post 3.19 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

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

Insider Buying and Selling

In related news, insider Matteo Arduini sold 6,027 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $90.42, for a total value of $544,961.34. Following the completion of the transaction, the insider owned 11,317 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.50% of the company’s stock.

Helios Technologies Company 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.