Charles Schwab Investment Management Inc. Grows Stake in Helios Technologies, Inc. $HLIO

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Helios Technologies by 7.8%, now owning approximately 1.29% of the company, valued at $13.8 million.
• Recent analyst upgrades have led to a target price increase for Helios Technologies, with reports setting prices between $43.00 and $49.00, indicating a generally positive outlook for the stock.
• Helios Technologies has announced a quarterly dividend of $0.09 per share, resulting in an annual yield of 0.7% and a dividend payout ratio of 34.62%.

Charles Schwab Investment Management Inc. raised its stake in Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) by 7.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 429,860 shares of the company's stock after purchasing an additional 30,961 shares during the period. Charles Schwab Investment Management Inc. owned 1.29% of Helios Technologies worth $13,794,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. KBC Group NV acquired a new position in shares of Helios Technologies in the first quarter valued at about $26,000. GAMMA Investing LLC raised its holdings in Helios Technologies by 2,361.9% during the 1st quarter. GAMMA Investing LLC now owns 4,653 shares of the company's stock worth $145,000 after purchasing an additional 4,464 shares during the last quarter. Aquatic Capital Management LLC raised its holdings in Helios Technologies by 148.8% during the 4th quarter. Aquatic Capital Management LLC now owns 3,732 shares of the company's stock worth $167,000 after purchasing an additional 2,232 shares during the last quarter. Dark Forest Capital Management LP bought a new stake in shares of Helios Technologies in the 4th quarter valued at $214,000. Finally, Procyon Advisors LLC grew its position in Helios Technologies by 8.4% in the 1st quarter. Procyon Advisors LLC now owns 10,267 shares of the company's stock valued at $329,000 after purchasing an additional 799 shares during the period. 94.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Helios Technologies Price Performance

Shares of HLIO traded down $0.78 on Friday, reaching $54.13. The stock had a trading volume of 217,956 shares, compared to its average volume of 326,734. The firm has a 50-day moving average of $41.71 and a 200 day moving average of $35.65. The firm has a market capitalization of $1.79 billion, a PE ratio of 47.90 and a beta of 1.28. 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, Inc. has a twelve month low of $24.76 and a twelve month high of $57.29.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last released its earnings results on Monday, August 4th. The company reported $0.59 EPS for the quarter, beating the consensus estimate 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 company earned $0.64 earnings per share. Helios Technologies's 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. Sell-side analysts expect that Helios Technologies, Inc. will post 2.06 EPS for the current year.

Helios Technologies Dividend Announcement

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

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.