Helios Technologies, Inc (NYSE:HLIO) Declares Quarterly Dividend of $0.12

Key Points

• Helios Technologies declared a quarterly dividend of $0.12 per share, payable October 26 to shareholders of record October 13. The annualized dividend is $0.48, yielding approximately 0.7%.
• The dividend appears well covered, with a current payout ratio of 21.1% and an expected future payout ratio of 13.4% based on projected earnings.
• Analysts maintain a generally positive view, with an average rating of “Moderate Buy” and a consensus price target of $96.25, above the stock’s reported opening price of $68.86.

Helios Technologies, Inc (NYSE:HLIO - Get Free Report) announced a quarterly dividend on Monday, September 28th. Investors of record on Tuesday, October 13th will be given a dividend of $0.12 per share on Monday, October 26th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, October 13th.

Helios Technologies has a payout ratio of 21.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Helios Technologies to earn $3.58 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 13.4%.

Helios Technologies Price Performance

Shares of NYSE HLIO opened at $68.86 on Tuesday. Helios Technologies has a fifty-two week low of $47.01 and a fifty-two week high of $95.05. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of 32.18 and a beta of 1.26. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.53 and a current ratio of 2.74. The firm's 50-day simple moving average is $74.88 and its 200 day simple moving average is $75.47.

Helios Technologies (NYSE:HLIO - Get Free Report) last released its quarterly 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 during the quarter. Helios Technologies had a return on equity of 11.43% and a net margin of 8.01%.Helios Technologies's revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter last year, the firm 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. As a group, research analysts anticipate that Helios Technologies will post 3.19 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. KeyCorp upped their price target on Helios Technologies from $85.00 to $95.00 and gave the stock an "overweight" rating in a report on Monday, July 13th. JPMorgan Chase & Co. raised their price objective on Helios Technologies from $100.00 to $110.00 and gave the company an "overweight" rating in a research note on Wednesday, August 12th. Wall Street Zen downgraded shares of Helios Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 8th. Zacks Research lowered shares of Helios Technologies from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 21st. Finally, Stifel Nicolaus increased their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $96.25.

About Helios Technologies

Helios Technologies, Inc is an industrial technology company that develops and manufactures solutions for motion control and electronic control systems. Its products are used by original equipment manufacturers and other customers in markets including mobile and off-highway equipment, industrial machinery, energy, recreational vehicles, and health and wellness applications.

The company operates through two primary areas: hydraulics and electronics. Its hydraulics portfolio includes cartridge valves, electro-hydraulic valves, integrated hydraulic manifolds, and related controls marketed under brands such as Sun Hydraulics.

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