William Blair Investment Management LLC Makes New Investment in Helios Technologies, Inc. $HLIO

Key Points

• William Blair Investment Management LLC has purchased a new position in Helios Technologies, Inc., acquiring 630,387 shares valued at approximately $21 million during the 2nd quarter.
• Helios Technologies recently announced a quarterly dividend of $0.09, representing an annualized payout of $0.36 and a yield of 0.7%.
• The company has received positive ratings from analysts, with a consensus "Buy" rating and an average target price of $51.00.

William Blair Investment Management LLC bought a new position in shares of Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 630,387 shares of the company's stock, valued at approximately $21,036,000. William Blair Investment Management LLC owned 1.89% of Helios Technologies at the end of the most recent quarter.

Other hedge funds and 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 1st quarter worth about $26,000. Quarry LP lifted its holdings in Helios Technologies by 406.4% during the 1st quarter. Quarry LP now owns 1,023 shares of the company's stock worth $33,000 after buying an additional 821 shares during the period. Russell Investments Group Ltd. lifted its holdings in Helios Technologies by 7,183.3% during the 1st quarter. Russell Investments Group Ltd. now owns 1,311 shares of the company's stock worth $42,000 after buying an additional 1,293 shares during the period. CWM LLC lifted its holdings in Helios Technologies by 1,276.7% during the 2nd quarter. CWM LLC now owns 1,652 shares of the company's stock worth $55,000 after buying an additional 1,532 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in Helios Technologies by 2,361.9% during the 1st quarter. GAMMA Investing LLC now owns 4,653 shares of the company's stock worth $145,000 after buying an additional 4,464 shares during the period. 94.72% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Stifel Nicolaus boosted their price objective on Helios Technologies from $39.00 to $43.00 and gave the company a "buy" rating in a research note on Monday, July 21st. KeyCorp boosted their price objective on Helios Technologies from $45.00 to $61.00 and gave the company 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 currently has a consensus rating of "Buy" and an average target price of $51.00.

Helios Technologies Stock Down 0.2%

Shares of NASDAQ:HLIO opened at $53.02 on Monday. Helios Technologies, Inc. has a 1 year low of $24.76 and a 1 year high of $57.29. The company has a market capitalization of $1.76 billion, a price-to-earnings ratio of 46.92 and a beta of 1.26. The business's 50-day moving average is $52.85 and its 200-day moving average is $39.60. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.03 and a quick ratio of 1.54.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last issued its earnings results on Monday, August 4th. The company reported $0.59 EPS for the quarter, beating 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%.During the same period last year, the business posted $0.64 earnings per share. Helios Technologies's quarterly 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. Equities research analysts predict that Helios Technologies, Inc. will post 2.06 earnings per share for the current year.

Helios Technologies Dividend Announcement

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

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