Credit Agricole S A Takes Position in Helios Technologies, Inc. $HLIO

Key Points

• Credit Agricole S A has acquired 25,000 shares of Helios Technologies, valued at approximately $802,000, indicating growing institutional interest in the company.
• Helios Technologies reported $0.59 earnings per share (EPS) for its last quarter, exceeding expectations, while also announcing a quarterly dividend of $0.09 per share.
• Recent analyst ratings suggest a consensus "Buy" rating with an average target price increase to $45.67 for Helios Technologies shares.

Credit Agricole S A purchased a new stake in Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 25,000 shares of the company's stock, valued at approximately $802,000. Credit Agricole S A owned approximately 0.08% of Helios Technologies as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. KBC Group NV purchased a new stake in shares of Helios Technologies in the first quarter valued at $26,000. Russell Investments Group Ltd. lifted its stake in Helios Technologies by 7,183.3% in the 1st quarter. Russell Investments Group Ltd. now owns 1,311 shares of the company's stock worth $42,000 after acquiring an additional 1,293 shares in the last quarter. GAMMA Investing LLC lifted its stake in Helios Technologies by 2,361.9% in the 1st quarter. GAMMA Investing LLC now owns 4,653 shares of the company's stock worth $145,000 after acquiring an additional 4,464 shares in the last quarter. Aquatic Capital Management LLC lifted its stake in Helios Technologies by 148.8% in the 4th quarter. Aquatic Capital Management LLC now owns 3,732 shares of the company's stock worth $167,000 after acquiring an additional 2,232 shares in the last quarter. Finally, Dark Forest Capital Management LP purchased a new stake in Helios Technologies in the 4th quarter worth about $214,000. Hedge funds and other institutional investors own 94.72% of the company's stock.

Helios Technologies Stock Down 1.4%

HLIO traded down $0.78 during midday trading on Friday, hitting $54.13. 217,956 shares of the company's stock traded hands, compared to its average volume of 326,734. The company has a market cap of $1.79 billion, a PE ratio of 47.90 and a beta of 1.30. The stock's fifty day simple moving average is $41.71 and its 200-day simple moving average is $35.57. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.03 and a quick ratio of 1.54. Helios Technologies, Inc. has a one year low of $24.76 and a one year high of $57.29.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.09. Helios Technologies had a net margin of 4.57% and a return on equity of 8.22%. The business's revenue was down 3.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.64 EPS. Helios Technologies has set its FY 2025 guidance at 2.300-2.500 EPS. Q3 2025 guidance at 0.600-0.680 EPS. As a group, equities analysts anticipate that Helios Technologies, Inc. will post 2.06 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 21st. Shareholders of record on Monday, July 7th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, July 7th. Helios Technologies's dividend payout ratio (DPR) is 34.62%.

Analyst Ratings Changes

A number of analysts have recently issued reports on HLIO shares. Stifel Nicolaus increased their price target on shares of Helios Technologies from $39.00 to $43.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. KeyCorp reiterated an "overweight" rating and issued a $45.00 target price (up previously from $40.00) on shares of Helios Technologies in a research report on Tuesday, August 5th. Finally, Robert W. Baird cut their target price on shares of Helios Technologies from $65.00 to $49.00 and set an "outperform" rating for the company in a research report on Thursday, May 8th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $45.67.

About Helios Technologies

Helios Technologies, Inc, together with its subsidiaries, provides engineered motion control and electronic control technology solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Hydraulics and Electronics. The Hydraulics segment offers cartridge valve technology products to control rates and direction of fluid flow, and to regulate and control pressures for industrial and mobile applications; hydraulic quick release coupling solutions for the agriculture, construction equipment, and industrial markets; motion control technology and fluid conveyance technology; cartridge valve technology; engineered solutions for machine users, manufacturers, or designers.