Helios Technologies, Inc. (NASDAQ:HLIO) Announces $0.09 Quarterly Dividend

Key Points

• Helios Technologies, Inc. has announced a quarterly dividend of $0.09 per share, payable on October 21st for stockholders of record on October 7th, reflecting an annualized yield of 0.7%.
• The company's current dividend payout ratio stands at 15.9%, suggesting strong coverage of its dividend by earnings, with expected earnings of $2.15 per share next year.
• As of the latest trading session, Helios Technologies' stock price is $53.62, with a market capitalization of $1.78 billion and a 12-month trading range between $24.76 and $57.29.

Helios Technologies, Inc. (NASDAQ:HLIO - Get Free Report) declared a quarterly dividend on Monday, September 22nd, RTT News reports. Shareholders of record on Tuesday, October 7th will be paid a dividend of 0.09 per share on Tuesday, October 21st. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Tuesday, October 7th.

Helios Technologies has a payout ratio of 15.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Helios Technologies to earn $2.15 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 16.7%.

Helios Technologies Price Performance

Shares of NASDAQ:HLIO traded up $0.20 during midday trading on Monday, hitting $54.55. 153,875 shares of the stock were exchanged, compared to its average volume of 317,618. Helios Technologies has a twelve month low of $24.76 and a twelve month high of $57.29. The company has a current ratio of 3.03, a quick ratio of 1.54 and a debt-to-equity ratio of 0.52. The company has a 50 day moving average price of $48.09 and a 200-day moving average price of $37.26. The stock has a market cap of $1.81 billion, a P/E ratio of 48.27 and a beta of 1.30.

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, beating the consensus estimate of $0.50 by $0.09. Helios Technologies had a net margin of 4.57% and a return on equity of 8.22%. During the same quarter in the prior year, the company posted $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. On average, research analysts forecast that Helios Technologies will post 2.06 earnings per share for the current year.

Hedge Funds Weigh In On Helios Technologies

Institutional investors have recently added to or reduced their stakes in the business. William Blair Investment Management LLC acquired a new position in shares of Helios Technologies in the 2nd quarter valued at $21,036,000. MetLife Investment Management LLC increased its holdings in shares of Helios Technologies by 1,593.9% during the 1st quarter. MetLife Investment Management LLC now owns 344,505 shares of the company's stock worth $11,055,000 after buying an additional 324,167 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Helios Technologies by 2,779.3% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 287,702 shares of the company's stock worth $9,601,000 after buying an additional 277,710 shares during the period. Russell Investments Group Ltd. boosted its holdings in Helios Technologies by 19,825.2% in the second quarter. Russell Investments Group Ltd. now owns 261,220 shares of the company's stock valued at $8,717,000 after acquiring an additional 259,909 shares during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new stake in Helios Technologies during the second quarter valued at about $5,628,000. 94.72% of the stock is currently owned by institutional investors and hedge funds.

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.