Castleark Management LLC Invests $11.19 Million in Helios Technologies, Inc $HLIO

Key Points

• Castleark Management LLC initiated an $11.19 million position in Helios Technologies during the second quarter, purchasing 125,409 shares, or 0.38% of the company. Institutional investors collectively own 94.72% of HLIO.
• Helios reported quarterly EPS of $0.88, exceeding estimates of $0.80, while revenue rose 9.1% year over year to $231.9 million. The company issued fiscal 2026 EPS guidance of $3.05–$3.25.
• Analysts maintain a “Moderate Buy” consensus rating with an average price target of $96.25, versus the stock’s reported price of $74.36. Helios also pays a quarterly dividend of $0.12, yielding approximately 0.6% annually.

Castleark Management LLC bought a new stake in shares of Helios Technologies, Inc (NYSE:HLIO - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 125,409 shares of the company's stock, valued at approximately $11,193,000. Castleark Management LLC owned 0.38% of Helios Technologies at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Legal & General Group Plc bought a new position in Helios Technologies during the 2nd quarter worth approximately $2,406,000. The Manufacturers Life Insurance Company bought a new stake in Helios Technologies in the second quarter valued at approximately $1,508,000. Algert Global LLC bought a new stake in Helios Technologies in the second quarter valued at approximately $3,628,000. Sanctuary Advisors LLC purchased a new stake in shares of Helios Technologies during the second quarter valued at approximately $224,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Helios Technologies during the second quarter valued at approximately $2,338,000. 94.72% of the stock is currently owned by institutional investors.

Helios Technologies Price Performance

HLIO opened at $74.36 on Wednesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.53 and a current ratio of 2.74. Helios Technologies, Inc has a 52-week low of $47.01 and a 52-week high of $95.05. The stock has a market capitalization of $2.45 billion, a PE ratio of 34.75 and a beta of 1.27. The stock's 50 day moving average price is $81.94 and its 200-day moving average price is $75.80.

Helios Technologies (NYSE:HLIO - Get Free Report) last announced its earnings results on Monday, August 10th. The company reported $0.88 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.08. Helios Technologies had a return on equity of 11.43% and a net margin of 8.01%.The company had revenue of $231.90 million during the quarter. During the same quarter in the prior year, the company earned $0.59 EPS. Helios Technologies's revenue was up 9.1% compared to the same quarter last year. 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 research analysts predict that Helios Technologies, Inc will post 3.19 EPS for the current year.

Helios Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, July 10th were issued a $0.12 dividend. The ex-dividend date was Friday, July 10th. This represents a $0.48 annualized dividend and a yield of 0.6%. Helios Technologies's dividend payout ratio is 22.43%.

Insider Activity at Helios Technologies

In other news, insider Matteo Arduini sold 6,027 shares of Helios Technologies stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $90.42, for a total transaction of $544,961.34. Following the sale, the insider 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 SEC, which is accessible through this hyperlink. Corporate insiders own 0.50% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently commented on HLIO. KeyCorp lifted their target price on shares of Helios Technologies from $85.00 to $95.00 and gave the stock an "overweight" rating in a research note on Monday, July 13th. Robert W. Baird increased their price target on shares of Helios Technologies from $81.00 to $85.00 and gave the company an "outperform" rating in a research report on Wednesday, May 13th. Weiss Ratings raised shares of Helios Technologies from a "hold (c)" rating to a "hold (c+)" rating in a report on Wednesday, August 12th. Zacks Research cut shares of Helios Technologies from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 21st. Finally, Wall Street Zen downgraded shares of Helios Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $96.25.

About Helios Technologies

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.

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