Helios Technologies (NASDAQ:HLIO) Trading Up 8.7% - Still a Buy?

Key Points

• Helios Technologies' stock price rose by 8.7% on Wednesday, closing at $53.99, with trading volume significantly up by 74% compared to its average.
• Research analysts have a consensus rating of "Buy" for Helios Technologies, with price targets raised to a range between $43.00 and $61.00.
• The company recently announced a quarterly dividend of $0.09 per share, reflecting a 0.7% dividend yield and a payout ratio of 34.62%.

Helios Technologies, Inc. (NASDAQ:HLIO - Get Free Report) was up 8.7% on Wednesday . The stock traded as high as $53.99 and last traded at $53.99. Approximately 537,868 shares traded hands during trading, an increase of 74% from the average daily volume of 309,666 shares. The stock had previously closed at $49.67.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on HLIO shares. Stifel Nicolaus lifted 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 raised 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 research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Helios Technologies currently has a consensus rating of "Buy" and a consensus price target of $51.00.

Helios Technologies Price Performance

The stock has a fifty day moving average price of $52.55 and a 200-day moving average price of $39.07. The firm has a market capitalization of $1.77 billion, a PE ratio of 47.13 and a beta of 1.26. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.54 and a current ratio of 3.03.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The company reported $0.59 earnings per share (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 in the prior year, the firm posted $0.64 EPS. Helios Technologies's revenue for the quarter 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 forecast that Helios Technologies, Inc. will post 2.06 EPS for the current fiscal year.

Helios Technologies Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Legacy Wealth Asset Management LLC purchased a new position in Helios Technologies during the 3rd quarter worth $205,000. Congress Asset Management Co. purchased a new stake in Helios Technologies during the 3rd quarter valued at about $3,063,000. Squarepoint Ops LLC grew its stake in Helios Technologies by 146.8% during the 2nd quarter. Squarepoint Ops LLC now owns 126,157 shares of the company's stock valued at $4,210,000 after purchasing an additional 75,042 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in Helios Technologies by 39.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,239 shares of the company's stock valued at $141,000 after purchasing an additional 1,196 shares during the last quarter. Finally, Captrust Financial Advisors purchased a new stake in Helios Technologies during the 2nd quarter valued at about $447,000. 94.72% of the stock is currently owned by hedge funds and other institutional investors.

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.

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