Vanguard Group Inc. Reduces Holdings in Helios Technologies, Inc. $HLIO

Key Points

• Vanguard Group Inc. reduced its stake in Helios Technologies by 1.0%, owning approximately 3.3 million shares after selling 31,869 shares during the first quarter.
• Helios Technologies recently reported a surge in stock value by 4.3%, with the market cap reaching $1.79 billion and the PE ratio at 47.83.
• The company declared a quarterly dividend of $0.09, resulting in an annualized yield of 0.7%, and analysts have set an average price target of $45.67 for the stock.

Vanguard Group Inc. reduced its stake in Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) by 1.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 3,296,258 shares of the company's stock after selling 31,869 shares during the quarter. Vanguard Group Inc. owned 9.89% of Helios Technologies worth $105,777,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. US Bancorp DE boosted its position in Helios Technologies by 71.4% in the 1st quarter. US Bancorp DE now owns 11,495 shares of the company's stock valued at $369,000 after buying an additional 4,790 shares during the period. Natixis Advisors LLC boosted its position in Helios Technologies by 24.3% in the 1st quarter. Natixis Advisors LLC now owns 68,553 shares of the company's stock valued at $2,200,000 after buying an additional 13,402 shares during the period. XTX Topco Ltd purchased a new position in Helios Technologies in the 1st quarter valued at approximately $343,000. GSA Capital Partners LLP purchased a new position in Helios Technologies in the 1st quarter valued at approximately $545,000. Finally, Royce & Associates LP boosted its position in Helios Technologies by 0.7% in the 1st quarter. Royce & Associates LP now owns 437,629 shares of the company's stock valued at $14,044,000 after buying an additional 2,830 shares during the period. 94.72% of the stock is currently owned by institutional investors and hedge funds.

Helios Technologies Stock Performance

NASDAQ HLIO traded up $0.38 during trading on Wednesday, reaching $54.58. The company's stock had a trading volume of 127,988 shares, compared to its average volume of 326,468. Helios Technologies, Inc. has a twelve month low of $24.76 and a twelve month high of $57.29. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.54 and a current ratio of 3.03. The business's fifty day moving average price is $40.34 and its 200-day moving average price is $35.35. The firm has a market cap of $1.81 billion, a price-to-earnings ratio of 48.22 and a beta of 1.28.

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 net margin of 4.57% and a return on equity of 8.22%. During the same quarter last year, the business earned $0.64 EPS. The company's revenue for the quarter 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. As a group, analysts anticipate that Helios Technologies, Inc. will post 2.06 EPS for the current fiscal year.

Helios Technologies Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently 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 research report on Tuesday, August 5th. Stifel Nicolaus lifted their price objective on shares of Helios Technologies from $39.00 to $43.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. Finally, Robert W. Baird decreased their price objective on shares of Helios Technologies from $65.00 to $49.00 and set an "outperform" rating for the company in a research report on Thursday, May 8th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $45.67.

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.