HighTower Advisors LLC Buys Shares of 22,680 Helios Technologies, Inc $HLIO

Key Points

• HighTower Advisors LLC purchased 22,680 shares of Helios Technologies in the second quarter, valued at approximately $2.02 million and representing about 0.07% of the company.
• Institutional investors own 94.72% of Helios Technologies, while an insider recently sold 6,027 shares; corporate insiders hold approximately 0.50% of the stock.
• Helios reported quarterly EPS of $0.88, beating estimates of $0.80, with revenue rising 9.1% year over year to $231.9 million. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $96.25.

HighTower Advisors LLC purchased a new stake in Helios Technologies, Inc (NYSE:HLIO - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 22,680 shares of the company's stock, valued at approximately $2,024,000. HighTower Advisors LLC owned approximately 0.07% of Helios Technologies as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Royal Bank of Canada increased its holdings in shares of Helios Technologies by 0.6% in the 1st quarter. Royal Bank of Canada now owns 89,391 shares of the company's stock valued at $2,868,000 after acquiring an additional 556 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Helios Technologies by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,771 shares of the company's stock worth $634,000 after purchasing an additional 862 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Helios Technologies by 14.2% during the first quarter. Goldman Sachs Group Inc. now owns 143,810 shares of the company's stock valued at $4,615,000 after purchasing an additional 17,914 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Helios Technologies by 14.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 70,936 shares of the company's stock valued at $2,276,000 after purchasing an additional 9,041 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in Helios Technologies by 198.2% during the first quarter. Jane Street Group LLC now owns 56,606 shares of the company's stock valued at $1,816,000 after purchasing an additional 37,624 shares in the last quarter. Hedge funds and other institutional investors own 94.72% of the company's stock.

Insiders Place Their Bets

In related news, insider Matteo Arduini sold 6,027 shares of the business's stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $90.42, for a total transaction of $544,961.34. Following the completion of the sale, the insider owned 11,317 shares in the company, valued at $1,023,283.14. The trade was a 34.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.50% of the stock is currently owned by corporate insiders.

Helios Technologies Stock Performance

NYSE:HLIO opened at $70.60 on Friday. The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of 32.99 and a beta of 1.26. Helios Technologies, Inc has a 1-year low of $47.01 and a 1-year high of $95.05. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.74 and a quick ratio of 1.53. The company's 50-day moving average is $77.63 and its two-hundred day moving average is $75.61.

Helios Technologies (NYSE:HLIO - Get Free Report) last posted its earnings results on Monday, August 10th. The company reported $0.88 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.08. Helios Technologies had a net margin of 8.01% and a return on equity of 11.43%. The company had revenue of $231.90 million for the quarter. During the same period in the previous year, the company earned $0.59 EPS. The company's quarterly revenue was up 9.1% compared to the same quarter last year. 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. Analysts forecast that Helios Technologies, Inc will post 3.19 EPS for the current year.

Helios Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Friday, July 10th. Helios Technologies's dividend payout ratio (DPR) is presently 22.43%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Zacks Research lowered shares of Helios Technologies from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 21st. JPMorgan Chase & Co. raised their target price on Helios Technologies from $100.00 to $110.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 12th. Wall Street Zen lowered shares of Helios Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 8th. KeyCorp increased their price target on Helios Technologies from $85.00 to $95.00 and gave the stock an "overweight" rating in a research report on Monday, July 13th. Finally, Weiss Ratings upgraded Helios Technologies from a "hold (c)" rating to a "hold (c+)" rating in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Helios Technologies presently has a consensus rating of "Moderate Buy" and a consensus target price of $96.25.

About Helios Technologies

Helios Technologies, Inc is an industrial technology company that develops and manufactures solutions for motion control and electronic control systems. Its products are used by original equipment manufacturers and other customers in markets including mobile and off-highway equipment, industrial machinery, energy, recreational vehicles, and health and wellness applications.

The company operates through two primary areas: hydraulics and electronics. Its hydraulics portfolio includes cartridge valves, electro-hydraulic valves, integrated hydraulic manifolds, and related controls marketed under brands such as Sun Hydraulics.

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