Congress Asset Management Co. Increases Stock Position in Helios Technologies, Inc $HLIO

Key Points

• Congress Asset Management increased its Helios Technologies position by 21.5% in the third quarter, adding 26,917 shares to own 152,142 shares valued at approximately $10.3 million. Institutional investors collectively hold 94.72% of the company.
• Helios reported quarterly earnings of $0.88 per share, exceeding the $0.80 consensus estimate, while revenue rose 9.1% year over year to $231.9 million. The company reaffirmed fiscal 2026 EPS guidance of $3.05 to $3.25.
• Shares were trading at $69.31, down 2.9%, while analysts maintained a consensus “Buy” rating with a $96.25 target price. Helios also declared a quarterly dividend of $0.12 per share, representing a 0.7% yield.

Congress Asset Management Co. grew its holdings in Helios Technologies, Inc (NYSE:HLIO - Free Report) by 21.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 152,142 shares of the company's stock after buying an additional 26,917 shares during the quarter. Congress Asset Management Co. owned 0.46% of Helios Technologies worth $10,334,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in Helios Technologies in the 2nd quarter valued at $231,414,000. Dimensional Fund Advisors LP boosted its position in Helios Technologies by 0.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,618,712 shares of the company's stock valued at $104,743,000 after buying an additional 6,347 shares in the last quarter. William Blair Investment Management LLC bought a new stake in Helios Technologies during the second quarter worth about $74,454,000. Jennison Associates LLC grew its stake in Helios Technologies by 30.1% during the first quarter. Jennison Associates LLC now owns 1,035,977 shares of the company's stock worth $67,038,000 after buying an additional 239,876 shares during the last quarter. Finally, Wasatch Advisors LP increased its holdings in shares of Helios Technologies by 35.4% during the first quarter. Wasatch Advisors LP now owns 799,008 shares of the company's stock worth $51,704,000 after buying an additional 208,823 shares in the last quarter. 94.72% of the stock is owned by institutional investors.

Helios Technologies Trading Down 2.9%

NYSE:HLIO opened at $69.31 on Thursday. The company has a current ratio of 2.74, a quick ratio of 1.53 and a debt-to-equity ratio of 0.35. Helios Technologies, Inc has a 1-year low of $47.01 and a 1-year high of $95.05. The firm has a market capitalization of $2.28 billion, a price-to-earnings ratio of 32.39 and a beta of 1.30. The business's 50-day moving average price is $73.60 and its two-hundred day moving average price is $75.71.

Helios Technologies (NYSE:HLIO - Get Free Report) last released its quarterly earnings data on Monday, August 10th. The company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.08. The business had revenue of $231.90 million for the quarter. Helios Technologies had a net margin of 8.01% and a return on equity of 11.43%. The firm's revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the business earned $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. On average, equities analysts expect that Helios Technologies, Inc will post 3.19 earnings per share for the current year.

Helios Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 26th. Stockholders of record on Tuesday, October 13th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, October 13th. Helios Technologies's payout ratio is 22.43%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HLIO. Zacks Research upgraded shares of Helios Technologies from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, September 29th. Wall Street Zen downgraded Helios Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 8th. JPMorgan Chase & Co. increased their price objective on Helios Technologies from $100.00 to $110.00 and gave the company an "overweight" rating in a research report on Wednesday, August 12th. KeyCorp increased their price objective on Helios Technologies from $85.00 to $95.00 and gave the company an "overweight" rating in a research report on Monday, July 13th. Finally, Weiss Ratings cut Helios Technologies from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday, September 17th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $96.25.

Helios Technologies Company Profile

Helios Technologies, Inc is an industrial technology company that develops and manufactures products used to control the movement and operation of machinery. The company serves the hydraulics and electronics markets, providing technologies for mobile equipment, industrial machinery and other applications that require fluid-power and electronic control systems.

Its hydraulics products include cartridge valves, manifolds and related integrated hydraulic circuits designed to regulate pressure, flow and motion.

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