Sterling Capital Management LLC Lowers Position in Helios Technologies, Inc $HLIO

Sterling Capital Management LLC decreased its stake in shares of Helios Technologies, Inc (NYSE:HLIO) by 60.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 10,828 shares of the company’s stock after selling 16,530 shares during the period. Sterling Capital Management LLC’s holdings in Helios Technologies were worth $701,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Wasatch Advisors LP boosted its holdings in Helios Technologies by 35.4% during the 1st quarter. Wasatch Advisors LP now owns 799,008 shares of the company’s stock worth $51,704,000 after acquiring an additional 208,823 shares during the last quarter. GHP Investment Advisors Inc. boosted its holdings in Helios Technologies by 1.3% during the first quarter. GHP Investment Advisors Inc. now owns 42,608 shares of the company’s stock worth $2,757,000 after purchasing an additional 528 shares during the last quarter. Contravisory Investment Management Inc. purchased a new position in Helios Technologies during the first quarter worth about $236,000. Leeward Investments LLC MA bought a new stake in Helios Technologies in the 1st quarter worth about $9,659,000. Finally, PEAK6 LLC purchased a new stake in Helios Technologies in the 4th quarter valued at about $214,000. 94.72% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

HLIO has been the topic of several research reports. JPMorgan Chase & Co. lifted their price objective on shares of Helios Technologies from $90.00 to $100.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Weiss Ratings restated a “hold (c)” rating on shares of Helios Technologies in a research report on Tuesday, June 2nd. Stifel Nicolaus raised their price target on Helios Technologies from $80.00 to $89.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. KeyCorp lifted their price target on Helios Technologies from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Finally, Zacks Research raised Helios Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $89.75.

Helios Technologies Trading Down 5.3%

Shares of HLIO opened at $84.50 on Thursday. Helios Technologies, Inc has a 1-year low of $33.85 and a 1-year high of $95.05. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.86 and a quick ratio of 1.58. The company has a market capitalization of $2.79 billion, a P/E ratio of 46.43 and a beta of 1.28. The firm’s 50 day simple moving average is $79.67 and its 200 day simple moving average is $70.41.

Helios Technologies (NYSE:HLIO) last issued its earnings results on Monday, May 11th. The company reported $0.80 earnings per share (EPS) for the quarter, topping 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 business had revenue of $228.40 million during the quarter. During the same period in the prior year, the company earned $0.44 EPS. The firm’s quarterly revenue 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. Sell-side analysts forecast that Helios Technologies, Inc will post 2.89 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Friday, July 10th will be issued a $0.12 dividend. The ex-dividend date is Friday, July 10th. This represents a $0.48 annualized dividend and a yield of 0.6%. Helios Technologies’s payout ratio is 26.37%.

Insider Transactions at Helios Technologies

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 shares were sold at an average price of $90.42, for a total transaction of $544,961.34. Following the transaction, the insider directly 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders have sold 13,027 shares of company stock worth $1,134,121. 0.50% of the stock is currently owned by insiders.

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.