Conestoga Capital Advisors LLC grew its stake in shares of Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) by 3.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,007,758 shares of the company's stock after buying an additional 64,712 shares during the quarter. Conestoga Capital Advisors LLC owned approximately 6.07% of Helios Technologies worth $91,052,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Wasatch Advisors Inc. grew its stake in shares of Helios Technologies by 1.0% during the first quarter. Wasatch Advisors Inc. now owns 4,668,305 shares of the company's stock worth $374,631,000 after buying an additional 46,746 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Helios Technologies by 0.7% during the third quarter. Vanguard Group Inc. now owns 3,130,183 shares of the company's stock worth $173,663,000 after purchasing an additional 21,983 shares during the period. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Helios Technologies by 12.7% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,972,489 shares of the company's stock worth $161,823,000 after purchasing an additional 334,218 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of Helios Technologies by 0.6% during the second quarter. Price T Rowe Associates Inc. MD now owns 2,702,808 shares of the company's stock worth $179,061,000 after purchasing an additional 15,004 shares during the period. Finally, BlackRock Inc. lifted its holdings in shares of Helios Technologies by 5.1% during the second quarter. BlackRock Inc. now owns 2,167,917 shares of the company's stock worth $143,278,000 after purchasing an additional 105,695 shares during the period. Institutional investors own 94.72% of the company's stock.
Helios Technologies Trading Down 1.0 %
Shares of NASDAQ:HLIO traded down $0.48 during mid-day trading on Wednesday, reaching $46.02. 290,491 shares of the company's stock were exchanged, compared to its average volume of 208,420. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 40.37 and a beta of 0.96. The business's fifty day moving average price is $43.47 and its 200-day moving average price is $44.90. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.25 and a current ratio of 2.74. Helios Technologies, Inc. has a twelve month low of $37.50 and a twelve month high of $67.31.
Helios Technologies (NASDAQ:HLIO - Get Free Report) last released its earnings results on Monday, February 26th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.13. The business had revenue of $193.40 million for the quarter, compared to analyst estimates of $183.87 million. Helios Technologies had a net margin of 4.49% and a return on equity of 9.19%. Helios Technologies's revenue for the quarter was down 1.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.78 earnings per share. On average, research analysts predict that Helios Technologies, Inc. will post 2.44 EPS for the current fiscal year.
Helios Technologies Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, April 19th. Investors of record on Thursday, April 4th will be issued a $0.09 dividend. The ex-dividend date is Wednesday, April 3rd. This represents a $0.36 annualized dividend and a yield of 0.78%. Helios Technologies's payout ratio is 31.58%.
Helios Technologies Profile
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Free Report)
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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