Ceredex Value Advisors LLC Boosts Stock Position in Helios Technologies, Inc. $HLIO

Key Points

• Ceredex Value Advisors LLC has increased its stake in Helios Technologies, Inc. by 59.4%, now owning approximately 350,500 shares valued at $11.25 million.
• The company reported earnings per share (EPS) of $0.59, exceeding analyst expectations of $0.50, despite a year-over-year revenue decline of 3.4%.
• Helios Technologies announced a quarterly dividend of $0.09 per share, translating to an annual yield of 0.7% and a payout ratio of 34.62%.

Ceredex Value Advisors LLC increased its stake in shares of Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) by 59.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 350,500 shares of the company's stock after acquiring an additional 130,600 shares during the period. Ceredex Value Advisors LLC owned about 1.05% of Helios Technologies worth $11,248,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of HLIO. KBC Group NV acquired a new stake in shares of Helios Technologies during the 1st quarter worth approximately $26,000. Russell Investments Group Ltd. boosted its holdings in Helios Technologies by 7,183.3% during the first quarter. Russell Investments Group Ltd. now owns 1,311 shares of the company's stock worth $42,000 after buying an additional 1,293 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Helios Technologies by 2,361.9% during the first quarter. GAMMA Investing LLC now owns 4,653 shares of the company's stock worth $145,000 after buying an additional 4,464 shares in the last quarter. Aquatic Capital Management LLC grew its position in Helios Technologies by 148.8% during the fourth quarter. Aquatic Capital Management LLC now owns 3,732 shares of the company's stock valued at $167,000 after buying an additional 2,232 shares during the period. Finally, Dark Forest Capital Management LP purchased a new position in Helios Technologies in the fourth quarter valued at $214,000. 94.72% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Helios Technologies Price Performance

Shares of Helios Technologies stock traded down $0.78 during mid-day trading on Monday, reaching $54.13. 217,956 shares of the stock traded hands, compared to its average volume of 326,734. The business has a 50-day moving average of $41.71 and a 200 day moving average of $35.57. Helios Technologies, Inc. has a fifty-two week low of $24.76 and a fifty-two week high of $57.29. The stock has a market capitalization of $1.79 billion, a PE ratio of 47.90 and a beta of 1.30. The company has a quick ratio of 1.54, a current ratio of 3.03 and a debt-to-equity ratio of 0.52.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.09. Helios Technologies had a return on equity of 8.22% and a net margin of 4.57%.During the same period last year, the firm earned $0.64 EPS. Helios Technologies's quarterly revenue was down 3.4% on a year-over-year basis. Helios Technologies has set its FY 2025 guidance at 2.300-2.500 EPS. Q3 2025 guidance at 0.600-0.680 EPS. On average, analysts predict that Helios Technologies, Inc. will post 2.06 EPS for the current year.

Helios Technologies Announces Dividend

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

Helios Technologies Company Profile

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.