Vaughan Nelson Investment Management L.P. Lowers Position in Helios Technologies, Inc. $HLIO

Key Points

• Vaughan Nelson Investment Management L.P. reduced its position in Helios Technologies by 23.4%, selling 184,548 shares and now holding 605,367 shares valued at approximately $20.2 million.
• Several institutional investors, including Royce & Associates and MetLife Investment Management, have increased their stakes in Helios Technologies, highlighting strong institutional interest in the company.
• Helios Technologies has received positive analyst ratings with an average price target of $51.00 and a consensus "Buy" rating, reflecting investor confidence ahead of its earnings report.

Vaughan Nelson Investment Management L.P. cut its stake in shares of Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) by 23.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 605,367 shares of the company's stock after selling 184,548 shares during the period. Vaughan Nelson Investment Management L.P. owned about 1.82% of Helios Technologies worth $20,201,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Royce & Associates LP raised its holdings in 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 acquiring an additional 2,830 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in 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 acquiring an additional 30,961 shares during the period. Ceredex Value Advisors LLC raised its holdings in Helios Technologies by 59.4% during the first quarter. Ceredex Value Advisors LLC now owns 350,500 shares of the company's stock valued at $11,248,000 after acquiring an additional 130,600 shares during the period. MetLife Investment Management LLC raised its holdings in Helios Technologies by 1,593.9% during the first quarter. MetLife Investment Management LLC now owns 344,505 shares of the company's stock valued at $11,055,000 after acquiring an additional 324,167 shares during the period. Finally, Diamond Hill Capital Management Inc. raised its holdings in Helios Technologies by 11.0% during the first quarter. Diamond Hill Capital Management Inc. now owns 257,251 shares of the company's stock valued at $8,255,000 after acquiring an additional 25,576 shares during the period. 94.72% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

HLIO has been the topic of a number of recent analyst reports. KeyCorp raised their price target on Helios Technologies from $45.00 to $61.00 and gave the company an "overweight" rating in a report on Friday, September 5th. Stifel Nicolaus raised their price target on Helios Technologies from $39.00 to $43.00 and gave the company a "buy" rating in a report on Monday, July 21st. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Helios Technologies has a consensus rating of "Buy" and an average price target of $51.00.

Helios Technologies Stock Up 0.8%

Shares of NASDAQ HLIO opened at $52.76 on Friday. The stock has a 50 day moving average price of $51.00 and a 200 day moving average price of $38.30. 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 $1.75 billion, a price-to-earnings ratio of 46.69 and a beta of 1.26. Helios Technologies, Inc. has a 52-week low of $24.76 and a 52-week high of $57.29.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported $0.59 earnings per share 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 business's revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.64 earnings per share. 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 year.

Helios Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 21st. Stockholders of record on Tuesday, October 7th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Tuesday, October 7th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.7%. Helios Technologies's dividend payout ratio is presently 34.62%.

Helios Technologies Company Profile

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.

Want to see what other hedge funds are holding HLIO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Helios Technologies, Inc. (NASDAQ:HLIO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.