Northern Trust Corp Reduces Holdings in Helios Technologies, Inc. $HLIO

Key Points

• Northern Trust Corp has reduced its stake in Helios Technologies, Inc. by 3.2%, selling 10,189 shares, leaving it with about 312,283 shares worth approximately $10 million.
• Analysts from KeyCorp and Stifel Nicolaus have raised their target prices for Helios Technologies, now sitting at $61.00 and $43.00 respectively, while the stock holds a consensus rating of "Buy".
• Helios reported $0.59 EPS for the last quarter, surpassing estimates, while forecasting earnings per share of between 2.300-2.500 for FY 2025.

Northern Trust Corp reduced its position in Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) by 3.2% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 312,283 shares of the company's stock after selling 10,189 shares during the quarter. Northern Trust Corp owned about 0.94% of Helios Technologies worth $10,021,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of HLIO. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Helios Technologies by 0.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 61,895 shares of the company's stock worth $2,763,000 after purchasing an additional 543 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Helios Technologies by 3.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,909 shares of the company's stock worth $844,000 after acquiring an additional 649 shares during the period. Procyon Advisors LLC lifted its holdings in shares of Helios Technologies by 8.4% during the 1st quarter. Procyon Advisors LLC now owns 10,267 shares of the company's stock worth $329,000 after acquiring an additional 799 shares during the period. KBC Group NV purchased a new position in shares of Helios Technologies during the 1st quarter worth about $26,000. Finally, GHP Investment Advisors Inc. lifted its holdings in shares of Helios Technologies by 3.0% during the 1st quarter. GHP Investment Advisors Inc. now owns 39,877 shares of the company's stock worth $1,280,000 after acquiring an additional 1,157 shares during the period. 94.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Helios Technologies Trading Up 1.9%

NASDAQ HLIO traded up $1.07 during mid-day trading on Thursday, hitting $55.90. The company's stock had a trading volume of 144,500 shares, compared to its average volume of 321,657. Helios Technologies, Inc. has a 52-week low of $24.76 and a 52-week high of $57.29. The stock's fifty day simple moving average is $45.47 and its two-hundred day simple moving average is $36.52. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.03 and a quick ratio of 1.54. The firm has a market capitalization of $1.85 billion, a P/E ratio of 49.47 and a beta of 1.30.

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, 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%. During the same period last year, the business earned $0.64 EPS. Helios Technologies's revenue 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. Research analysts expect that Helios Technologies, Inc. will post 2.06 EPS for the current year.

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.