Helios Technologies, Inc. $HLIO Shares Purchased by MetLife Investment Management LLC

Key Points

• MetLife Investment Management LLC increased its stake in Helios Technologies by 1,593.9% during the first quarter, now owning 344,505 shares valued at approximately $11 million.
• Helios Technologies recently declared a quarterly dividend of $0.09 per share, representing a dividend yield of 0.7% and a payout ratio of 34.62%.
• Equities analysts have raised their price targets for Helios Technologies, with Stifel Nicolaus setting a new target at $43.00 and KeyCorp raising theirs to $45.00, indicating a consensus average rating of "Buy."

MetLife Investment Management LLC boosted its holdings in shares of Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) by 1,593.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 344,505 shares of the company's stock after purchasing an additional 324,167 shares during the quarter. MetLife Investment Management LLC owned about 1.03% of Helios Technologies worth $11,055,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Dimensional Fund Advisors LP increased its position in Helios Technologies by 5.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,438,786 shares of the company's stock valued at $64,227,000 after acquiring an additional 79,178 shares during the last quarter. Vaughan Nelson Investment Management L.P. lifted its stake in Helios Technologies by 9.6% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 789,915 shares of the company's stock worth $25,349,000 after acquiring an additional 68,990 shares during the period. Janus Henderson Group PLC lifted its position in shares of Helios Technologies by 0.9% during the fourth quarter. Janus Henderson Group PLC now owns 637,703 shares of the company's stock valued at $28,467,000 after buying an additional 5,684 shares during the last quarter. Royce & Associates LP lifted its position in shares of Helios Technologies by 0.7% during the first 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 last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Helios Technologies by 7.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 429,860 shares of the company's stock valued at $13,794,000 after buying an additional 30,961 shares during the last quarter. Institutional investors own 94.72% of the company's stock.

Helios Technologies Price Performance

HLIO stock traded down $0.78 during midday trading on Friday, reaching $54.13. The stock had a trading volume of 217,956 shares, compared to its average volume of 326,734. 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 company's fifty day simple moving average is $41.71 and its 200 day simple moving average is $35.61. The company has a market cap of $1.79 billion, a price-to-earnings ratio of 47.90 and a beta of 1.28.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.50 by $0.09. Helios Technologies had a return on equity of 8.22% and a net margin of 4.57%.During the same quarter last year, the firm posted $0.64 EPS. The business's revenue was down 3.4% compared to the same quarter last year. 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, sell-side analysts predict that Helios Technologies, Inc. will post 2.06 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

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

Analysts Set New Price Targets

HLIO has been the subject of several research analyst reports. KeyCorp reaffirmed an "overweight" rating and issued a $45.00 price objective (up from $40.00) on shares of Helios Technologies in a research report on Tuesday, August 5th. Robert W. Baird dropped their price objective on shares of Helios Technologies from $65.00 to $49.00 and set an "outperform" rating on the stock in a research note on Thursday, May 8th. Finally, Stifel Nicolaus raised their price objective on shares of Helios Technologies from $39.00 to $43.00 and gave the stock a "buy" rating in a research note on Monday, July 21st. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $45.67.

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.