EP Wealth Advisors LLC Buys Shares of 7,077 Helios Technologies, Inc. $HLIO

Key Points

• EP Wealth Advisors LLC acquired a new position in Helios Technologies, Inc., purchasing 7,077 shares valued at approximately $227,000 during the first quarter.
• A significant portion of Helios Technologies stock, 94.72%, is owned by institutional investors, indicating strong institutional interest in the company.
• Helios Technologies reported quarterly earnings of $0.59 EPS, exceeding estimates, and has set a FY 2025 guidance of 2.300-2.500 EPS.

EP Wealth Advisors LLC bought a new position in shares of Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 7,077 shares of the company's stock, valued at approximately $227,000.

Other institutional investors have also recently made changes to their positions in the company. KBC Group NV purchased a new stake in shares of Helios Technologies during the first quarter worth about $26,000. Quarry LP grew its holdings in Helios Technologies by 406.4% during the 1st quarter. Quarry LP now owns 1,023 shares of the company's stock valued at $33,000 after buying an additional 821 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in Helios Technologies by 7,183.3% during the 1st quarter. Russell Investments Group Ltd. now owns 1,311 shares of the company's stock valued at $42,000 after buying an additional 1,293 shares in the last quarter. GAMMA Investing LLC grew 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 valued at $145,000 after buying an additional 4,464 shares in the last quarter. Finally, Procyon Advisors LLC grew its holdings in Helios Technologies by 8.4% during the 1st quarter. Procyon Advisors LLC now owns 10,267 shares of the company's stock valued at $329,000 after buying an additional 799 shares in the last quarter. Hedge funds and other institutional investors own 94.72% of the company's stock.

Helios Technologies Trading Down 2.9%

Shares of HLIO stock traded down $1.61 on Friday, reaching $54.28. 169,451 shares of the company's stock were exchanged, compared to its average volume of 320,786. Helios Technologies, Inc. has a 52 week low of $24.76 and a 52 week high of $57.29. The company has a current ratio of 3.03, a quick ratio of 1.54 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $1.80 billion, a PE ratio of 48.03 and a beta of 1.30. The company's fifty day simple moving average is $45.83 and its 200 day simple moving average is $36.60.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last issued its earnings results on Monday, August 4th. The company reported $0.59 earnings per share for the quarter, beating 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%.The company's quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.64 earnings per share. 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, analysts forecast that Helios Technologies, Inc. will post 2.06 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. KeyCorp raised their price target on Helios Technologies from $45.00 to $61.00 and gave the company an "overweight" rating in a report on Friday, September 5th. Stifel Nicolaus raised their price objective on Helios Technologies from $39.00 to $43.00 and gave the company a "buy" rating in a research note on Monday, July 21st. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $51.00.

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.