Petrus Trust Company LTA Buys New Position in Helios Technologies, Inc. $HLIO

Key Points

• Petrus Trust Company LTA invested approximately $472,000 in Helios Technologies, acquiring 14,717 shares during the first quarter.
• Helios Technologies reported an EPS of $0.59, exceeding analysts' estimates of $0.50, although its revenue declined by 3.4% year-over-year.
• Analysts have upgraded Helios, with Stifel Nicolaus raising their price target to $43.00 and KeyCorp increasing it to $61.00, reflecting a positive outlook on the company's stock.

Petrus Trust Company LTA bought a new position in shares of Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 14,717 shares of the company's stock, valued at approximately $472,000.

Other institutional investors have also recently bought and sold shares of the company. KBC Group NV acquired a new position in Helios Technologies during the first quarter worth about $26,000. Quarry LP raised its stake in Helios Technologies by 406.4% during the first quarter. Quarry LP now owns 1,023 shares of the company's stock worth $33,000 after acquiring an additional 821 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Helios Technologies by 7,183.3% during the first quarter. Russell Investments Group Ltd. now owns 1,311 shares of the company's stock worth $42,000 after acquiring an additional 1,293 shares in the last quarter. GAMMA Investing LLC raised its stake in Helios Technologies by 2,361.9% during the first quarter. GAMMA Investing LLC now owns 4,653 shares of the company's stock worth $145,000 after acquiring an additional 4,464 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in Helios Technologies during the first quarter worth about $227,000. Institutional investors and hedge funds own 94.72% of the company's stock.

Analyst Ratings Changes

Several brokerages have commented on HLIO. Stifel Nicolaus boosted their target price on Helios Technologies from $39.00 to $43.00 and gave the stock a "buy" rating in a research note on Monday, July 21st. KeyCorp boosted their target price on Helios Technologies from $45.00 to $61.00 and gave the stock an "overweight" rating in a research note on Friday, September 5th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Helios Technologies has a consensus rating of "Buy" and an average price target of $51.00.

Helios Technologies Trading Down 2.9%

Shares of Helios Technologies stock traded down $1.61 on Friday, hitting $54.28. The stock had a trading volume of 169,451 shares, compared to its average volume of 320,786. The stock has a 50 day moving average of $45.83 and a 200 day moving average of $36.58. 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 firm has a market capitalization of $1.80 billion, a P/E ratio of 48.03 and a beta of 1.30.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last released its quarterly earnings data 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%.During the same period in the prior year, the company earned $0.64 earnings per share. 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. Sell-side analysts expect that Helios Technologies, Inc. will post 2.06 earnings per share for the current fiscal 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.