Petrus Trust Company LTA Buys Shares of 14,717 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) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 14,717 shares of the company's stock, valued at approximately $472,000.

Several other hedge funds have also recently bought and sold shares of HLIO. Susquehanna International Group LLP lifted its stake in Helios Technologies by 49.0% during the 4th quarter. Susquehanna International Group LLP now owns 39,204 shares of the company's stock worth $1,750,000 after acquiring an additional 12,889 shares in the last quarter. Northern Trust Corp raised its position in Helios Technologies by 9.4% in the 4th quarter. Northern Trust Corp now owns 322,472 shares of the company's stock valued at $14,395,000 after purchasing an additional 27,718 shares in the last quarter. Ameriprise Financial Inc. raised its position in Helios Technologies by 16.8% in the 4th quarter. Ameriprise Financial Inc. now owns 157,551 shares of the company's stock valued at $7,033,000 after purchasing an additional 22,680 shares in the last quarter. Deutsche Bank AG raised its position in Helios Technologies by 51.6% in the 4th quarter. Deutsche Bank AG now owns 31,174 shares of the company's stock valued at $1,392,000 after purchasing an additional 10,616 shares in the last quarter. Finally, Janus Henderson Group PLC raised its position in Helios Technologies by 0.9% in the 4th quarter. Janus Henderson Group PLC now owns 637,703 shares of the company's stock valued at $28,467,000 after purchasing an additional 5,684 shares in the last quarter. Institutional investors and hedge funds own 94.72% of the company's stock.

Analysts Set New Price Targets

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

Helios Technologies Stock Performance

NASDAQ:HLIO traded down $1.15 during mid-day trading on Friday, reaching $54.75. 79,761 shares of the stock were exchanged, compared to its average volume of 320,223. The company has a 50 day simple moving average of $45.47 and a 200-day simple moving average of $36.52. The stock has a market capitalization of $1.82 billion, a P/E ratio of 48.45 and a beta of 1.30. 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, Inc. has a 1 year low of $24.76 and a 1 year high of $57.29.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.09. Helios Technologies had a return on equity of 8.22% and a net margin of 4.57%.The firm's revenue for the quarter was down 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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. Analysts anticipate 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.