Helios Technologies (NYSE:HLIO) Rating Lowered to “Hold” at Zacks Research

Helios Technologies (NYSE:HLIO) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday, Zacks reports.

Several other research firms have also recently commented on HLIO. JPMorgan Chase & Co. upped their target price on shares of Helios Technologies from $100.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday, August 12th. KeyCorp upped their price objective on shares of Helios Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Stifel Nicolaus upped their price target on Helios Technologies from $93.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Weiss Ratings upgraded shares of Helios Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Finally, Wall Street Zen downgraded Helios Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. One equities research 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’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $96.25.

Helios Technologies Stock Up 2.1%

Shares of HLIO stock opened at $69.45 on Tuesday. Helios Technologies has a 12 month low of $48.99 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. The firm has a market cap of $2.29 billion, a PE ratio of 32.45 and a beta of 1.30. The stock has a 50 day moving average of $71.12 and a 200-day moving average of $75.90.

Helios Technologies (NYSE:HLIO) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.08. The business had revenue of $231.90 million for the quarter. Helios Technologies had a net margin of 8.01% and a return on equity of 11.43%. The company’s revenue was up 9.1% on a year-over-year basis. During the same quarter in the previous 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, equities analysts predict that Helios Technologies will post 3.17 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pinnacle Associates Ltd. boosted its stake in Helios Technologies by 3.0% in the 3rd quarter. Pinnacle Associates Ltd. now owns 29,626 shares of the company’s stock worth $2,012,000 after purchasing an additional 863 shares during the period. Nisa Investment Advisors LLC raised its stake in shares of Helios Technologies by 15.1% in the 3rd quarter. Nisa Investment Advisors LLC now owns 12,158 shares of the company’s stock valued at $826,000 after purchasing an additional 1,594 shares during the period. Contravisory Investment Management Inc. raised its stake in shares of Helios Technologies by 28.0% in the 3rd quarter. Contravisory Investment Management Inc. now owns 4,754 shares of the company’s stock valued at $323,000 after purchasing an additional 1,041 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of Helios Technologies by 109.2% in the third quarter. Farther Finance Advisors LLC now owns 1,134 shares of the company’s stock valued at $77,000 after purchasing an additional 592 shares in the last quarter. Finally, Congress Asset Management Co. lifted its holdings in shares of Helios Technologies by 21.5% in the third quarter. Congress Asset Management Co. now owns 152,142 shares of the company’s stock valued at $10,334,000 after purchasing an additional 26,917 shares in the last quarter. 94.72% of the stock is owned by institutional investors and hedge funds.

Helios Technologies Company Profile

Helios Technologies, Inc develops and manufactures industrial technology products for the hydraulics and electronics markets. Its offerings include hydraulic cartridge valves, manifolds and electro-hydraulic controls, as well as electronic control systems, displays, instrumentation and related connectivity solutions used in mobile equipment, industrial machinery and other specialized applications.

The company serves original equipment manufacturers and other industrial customers through a portfolio that has included the Sun Hydraulics and Enovation Controls brands.