9,645 Helios Technologies, Inc $HLIO Shares Sold by Sterling Capital Management LLC

Sterling Capital Management LLC decreased its position in shares of Helios Technologies, Inc (NYSE:HLIO) by 93.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 698 shares of the company’s stock after selling 9,645 shares during the period. Sterling Capital Management LLC’s holdings in Helios Technologies were worth $47,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. BlackRock Inc. bought a new position in Helios Technologies in the second quarter valued at approximately $231,414,000. Dimensional Fund Advisors LP raised its position in Helios Technologies by 0.4% during the first quarter. Dimensional Fund Advisors LP now owns 1,618,712 shares of the company’s stock valued at $104,743,000 after purchasing an additional 6,347 shares in the last quarter. William Blair Investment Management LLC bought a new stake in Helios Technologies during the second quarter worth $74,454,000. Jennison Associates LLC lifted its stake in Helios Technologies by 30.1% during the first quarter. Jennison Associates LLC now owns 1,035,977 shares of the company’s stock worth $67,038,000 after purchasing an additional 239,876 shares during the last quarter. Finally, Bank of America Corp DE bought a new stake in Helios Technologies during the second quarter worth $36,693,000. Institutional investors and hedge funds own 94.72% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on HLIO shares. Wall Street Zen downgraded Helios Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. JPMorgan Chase & Co. boosted 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. KeyCorp upped their price objective on Helios Technologies from $85.00 to $95.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Zacks Research lowered Helios Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 20th. Finally, Weiss Ratings upgraded Helios Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Helios Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $96.25.

Helios Technologies Trading Down 1.9%

Shares of Helios Technologies stock opened at $67.12 on Thursday. The firm’s 50 day moving average is $69.11 and its 200 day moving average is $73.44. The firm has a market capitalization of $2.21 billion, a PE ratio of 31.36 and a beta of 1.28. Helios Technologies, Inc has a 1 year low of $49.86 and a 1 year high of $95.05. The company has a current ratio of 2.74, a quick ratio of 1.53 and a debt-to-equity ratio of 0.35.

Helios Technologies (NYSE:HLIO) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.80 by $0.08. Helios Technologies had a net margin of 8.01% and a return on equity of 11.43%. The business had revenue of $231.90 million during the quarter. During the same period in the previous year, the company earned $0.59 EPS. Helios Technologies’s revenue for the quarter was up 9.1% on a year-over-year basis. 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. Equities research analysts forecast that Helios Technologies, Inc will post 3.17 earnings per share for the current fiscal year.

Helios Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, October 26th. Stockholders of record on Tuesday, October 13th were issued a dividend of $0.12 per share. The ex-dividend date was Tuesday, October 13th. This represents a $0.48 annualized dividend and a dividend yield of 0.7%. Helios Technologies’s dividend payout ratio is 22.43%.

About Helios Technologies

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.