Helios Technologies (NYSE:HLIO) Lowered to Buy Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded Helios Technologies from “strong buy” to “buy,” while the broader analyst consensus remains “Moderate Buy” with a $93.25 price target.
• Helios shares opened at $83.43, up 1.4%, and remain near their 50-day moving average. The stock has traded between $47.01 and $95.05 over the past year.
• The company reported quarterly EPS of $0.80, beating estimates of $0.68, while revenue rose 16.8% year over year to $228.4 million. Insiders sold $1.13 million of stock over the past 90 days, and institutional investors own 94.72% of shares.

Helios Technologies (NYSE:HLIO - Get Free Report) was downgraded by Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research report issued on Saturday.

Several other brokerages have also recently issued reports on HLIO. Stifel Nicolaus boosted their price objective on shares of Helios Technologies from $89.00 to $93.00 and gave the company a "buy" rating in a research note on Monday, July 20th. JPMorgan Chase & Co. increased their target price on Helios Technologies from $90.00 to $100.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 26th. Zacks Research cut Helios Technologies from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 21st. KeyCorp boosted their price target on Helios Technologies from $85.00 to $95.00 and gave the company an "overweight" rating in a research report on Monday, July 13th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Helios Technologies in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Helios Technologies has an average rating of "Moderate Buy" and a consensus price target of $93.25.

Helios Technologies Stock Up 1.4%

Shares of NYSE:HLIO opened at $83.43 on Friday. The company has a current ratio of 2.86, a quick ratio of 1.58 and a debt-to-equity ratio of 0.37. The firm has a market cap of $2.76 billion, a price-to-earnings ratio of 45.84 and a beta of 1.27. The stock's 50-day moving average price is $83.16 and its two-hundred day moving average price is $74.70. Helios Technologies has a 12-month low of $47.01 and a 12-month high of $95.05.

Helios Technologies (NYSE:HLIO - Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.80 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.12. The company had revenue of $228.40 million during the quarter. Helios Technologies had a net margin of 6.98% and a return on equity of 10.49%. The company's revenue was up 16.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.44 EPS. Helios Technologies has set its Q2 2026 guidance at 0.780-0.830 EPS and its FY 2026 guidance at 2.750-3.000 EPS. On average, research analysts forecast that Helios Technologies will post 2.9 EPS for the current year.

Insider Activity

In other news, insider Matteo Arduini sold 6,027 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $90.42, for a total value of $544,961.34. Following the completion of the sale, the insider owned 11,317 shares in the company, valued at approximately $1,023,283.14. This trade represents a 34.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 13,027 shares of company stock valued at $1,134,121 in the last ninety days. 0.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Helios Technologies

Institutional investors and hedge funds have recently bought and sold shares of the stock. Leeward Investments LLC MA purchased a new stake in shares of Helios Technologies during the first quarter worth about $9,659,000. Fifth Third Bancorp boosted its holdings in Helios Technologies by 17,367.4% in the first quarter. Fifth Third Bancorp now owns 129,783 shares of the company's stock valued at $8,398,000 after purchasing an additional 129,040 shares during the last quarter. Lazard Asset Management LLC acquired a new stake in Helios Technologies during the 1st quarter valued at approximately $1,966,000. Strs Ohio acquired a new stake in Helios Technologies during the 1st quarter valued at approximately $893,000. Finally, Wasatch Advisors LP increased its holdings in Helios Technologies by 35.4% during the 1st quarter. Wasatch Advisors LP now owns 799,008 shares of the company's stock worth $51,704,000 after purchasing an additional 208,823 shares during the last quarter. Hedge funds and other institutional investors own 94.72% of the company's stock.

Helios Technologies Company Profile

Helios Technologies, Inc develops and manufactures engineered motion control and electronic control products for a wide range of industrial and mobile equipment applications. The company's Hydraulics segment designs and produces hydraulic cartridge valves, manifold systems, pumps and motors, filtration solutions and off-highway joysticks. Its Electronic Controls segment offers programmable electronic control units, wireless telematics, human-machine interfaces and software to optimize performance, efficiency and safety for equipment OEMs and end users.

Through its global network of manufacturing facilities, service centers and technology centers, Helios Technologies serves markets in agriculture, construction, material handling, mining, municipal and recreational vehicles, as well as industrial automation and infrastructure equipment.

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