Advantage Alpha Capital Partners LP Buys 13,944 Shares of Helios Technologies, Inc. $HLIO

Key Points

• Advantage Alpha Capital Partners LP increased its stake in Helios Technologies by 32.9% during the 1st quarter, now owning 56,295 shares valued at approximately $1.8 million.
• Helios Technologies reported a Q2 EPS of $0.59, beating analysts' estimates of $0.50, but experienced a 3.4% decline in revenue compared to the same quarter last year.
• The company recently announced a quarterly dividend of $0.09, representing an annualized yield of 0.7% with a payout ratio of 34.62%.

Advantage Alpha Capital Partners LP raised its holdings in Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) by 32.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,295 shares of the company's stock after buying an additional 13,944 shares during the period. Advantage Alpha Capital Partners LP owned about 0.17% of Helios Technologies worth $1,807,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. EntryPoint Capital LLC lifted its stake in shares of Helios Technologies by 52.5% in the first quarter. EntryPoint Capital LLC now owns 11,601 shares of the company's stock valued at $372,000 after buying an additional 3,995 shares in the last quarter. Credit Agricole S A bought a new position in shares of Helios Technologies during the first quarter valued at about $802,000. Quantbot Technologies LP bought a new position in shares of Helios Technologies during the first quarter valued at about $536,000. Raymond James Financial Inc. lifted its position in shares of Helios Technologies by 42.3% during the first quarter. Raymond James Financial Inc. now owns 245,274 shares of the company's stock valued at $7,870,000 after purchasing an additional 72,885 shares in the last quarter. Finally, American Century Companies Inc. lifted its position in shares of Helios Technologies by 17.9% during the first quarter. American Century Companies Inc. now owns 70,549 shares of the company's stock valued at $2,264,000 after purchasing an additional 10,733 shares in the last quarter. 94.72% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Helios Technologies Stock Performance

Shares of HLIO traded up $0.48 during trading hours on Wednesday, hitting $54.68. The company's stock had a trading volume of 86,085 shares, compared to its average volume of 326,226. The business has a 50 day simple moving average of $40.34 and a two-hundred day simple moving average of $35.35. The company has a market cap of $1.81 billion, a price-to-earnings ratio of 48.39 and a beta of 1.28. Helios Technologies, Inc. has a 52-week low of $24.76 and a 52-week high of $57.29. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.03 and a quick ratio of 1.54.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last issued its quarterly earnings data 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 net margin of 4.57% and a return on equity of 8.22%. The company's quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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. On average, equities analysts expect that Helios Technologies, Inc. will post 2.06 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

The business also recently announced 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. The ex-dividend date was Monday, July 7th. This represents a $0.36 annualized dividend and a yield of 0.7%. Helios Technologies's payout ratio is presently 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.