Nuveen LLC Purchases New Shares in Helios Technologies, Inc. $HLIO

Key Points

• Nuveen LLC has invested approximately $2.77 million in Helios Technologies, acquiring 86,348 shares, representing 0.26% of the company's stock.
• Helios Technologies recently announced a quarterly dividend of $0.09 per share, with a payout ratio of 34.62% and an annualized yield of 0.7%.
• Analysts have given a mixed outlook on Helios Technologies, with price targets ranging from $39.00 to $65.00, and an average target price of approximately $45.67.

Nuveen LLC acquired a new stake in Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 86,348 shares of the company's stock, valued at approximately $2,771,000. Nuveen LLC owned 0.26% of Helios Technologies as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. grew its stake in Helios Technologies by 16.8% in the fourth quarter. Ameriprise Financial Inc. now owns 157,551 shares of the company's stock valued at $7,033,000 after acquiring an additional 22,680 shares during the period. US Bancorp DE boosted its position in shares of Helios Technologies by 71.4% during the first 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 last quarter. Vaughan Nelson Investment Management L.P. boosted its position in shares of Helios Technologies by 9.6% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 789,915 shares of the company's stock valued at $25,349,000 after buying an additional 68,990 shares during the last quarter. GSA Capital Partners LLP purchased a new position in shares of Helios Technologies during the first quarter valued at approximately $545,000. Finally, Charles Schwab Investment Management Inc. boosted 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 and hedge funds own 94.72% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on HLIO. Stifel Nicolaus lifted their target price on Helios Technologies from $39.00 to $43.00 and gave the company a "buy" rating in a research report on Monday, July 21st. KeyCorp reaffirmed an "overweight" rating and set a $45.00 target price (up previously from $40.00) on shares of Helios Technologies in a research report on Tuesday, August 5th. Finally, Robert W. Baird cut their target price on 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 equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $45.67.

Helios Technologies Stock Performance

Helios Technologies stock traded down $0.78 during mid-day trading on Friday, reaching $54.13. 217,956 shares of the company's stock were exchanged, compared to its average volume of 326,734. The business's fifty day simple moving average is $41.71 and its 200 day simple moving average is $35.57. The firm has a market capitalization of $1.79 billion, a PE ratio of 47.90 and a beta of 1.28. Helios Technologies, Inc. has a one year low of $24.76 and a one year high of $57.29. The company has a quick ratio of 1.54, a current ratio of 3.03 and a debt-to-equity ratio of 0.52.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last issued its earnings results on Monday, August 4th. The company reported $0.59 earnings per share (EPS) for the quarter, beating 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%.The business's quarterly revenue was down 3.4% on a year-over-year basis. During the same period last year, the firm earned $0.64 EPS. 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, sell-side analysts expect that Helios Technologies, Inc. will post 2.06 earnings per share for the current year.

Helios Technologies Dividend Announcement

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