Arrowstreet Capital Limited Partnership lifted its position in Helios Technologies, Inc. (NASDAQ:HLIO – Free Report) by 2,779.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 287,702 shares of the company’s stock after acquiring an additional 277,710 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Helios Technologies were worth $9,601,000 at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its position in Helios Technologies by 0.6% in the 1st quarter. Royal Bank of Canada now owns 89,391 shares of the company’s stock worth $2,868,000 after purchasing an additional 556 shares during the period. Quarry LP grew its stake in shares of Helios Technologies by 406.4% during the first quarter. Quarry LP now owns 1,023 shares of the company’s stock valued at $33,000 after buying an additional 821 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Helios Technologies by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,771 shares of the company’s stock worth $634,000 after buying an additional 862 shares during the period. Inspire Investing LLC raised its holdings in shares of Helios Technologies by 9.3% in the second quarter. Inspire Investing LLC now owns 11,682 shares of the company’s stock worth $390,000 after buying an additional 994 shares during the period. Finally, Russell Investments Group Ltd. lifted its stake in shares of 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 acquiring an additional 1,293 shares during the last quarter. 94.72% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
HLIO has been the topic of several research analyst reports. KeyCorp upped their price objective on Helios Technologies from $61.00 to $64.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. Stifel Nicolaus set a $65.00 price target on shares of Helios Technologies in a report on Wednesday, November 5th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $59.33.
Helios Technologies Trading Down 0.4%
Shares of NASDAQ HLIO opened at $53.40 on Wednesday. Helios Technologies, Inc. has a twelve month low of $24.76 and a twelve month high of $58.80. The firm has a market cap of $1.77 billion, a PE ratio of 47.26 and a beta of 1.30. The business has a fifty day simple moving average of $53.42 and a two-hundred day simple moving average of $46.33. The company has a quick ratio of 1.54, a current ratio of 3.03 and a debt-to-equity ratio of 0.52.
Helios Technologies (NASDAQ:HLIO – Get Free Report) last announced its quarterly earnings results on Monday, November 3rd. The company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.66 by $0.06. Helios Technologies had a return on equity of 8.22% and a net margin of 4.57%.The business’s revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the company earned $0.59 EPS. Helios Technologies has set its Q4 2025 guidance at 0.670-0.740 EPS and its FY 2025 guidance at 2.430-2.500 EPS. Analysts expect that Helios Technologies, Inc. will post 2.06 earnings per share for the current fiscal year.
Helios Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 21st. Stockholders of record on Tuesday, October 7th were issued a $0.09 dividend. The ex-dividend date was Tuesday, October 7th. This represents a $0.36 annualized dividend and a dividend yield of 0.7%. Helios Technologies’s payout ratio is currently 35.64%.
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.
See Also
- Five stocks we like better than Helios Technologies
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers
- Why is the Ex-Dividend Date Significant to Investors?
- 10X Gains? These 3 Robotics Stocks Could Explode by 2035
- Upcoming IPO Stock Lockup Period, Explained
- Anheuser-Busch Buys BeatBox to Win Over Younger Drinkers
Want to see what other hedge funds are holding HLIO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Helios Technologies, Inc. (NASDAQ:HLIO – Free Report).
Receive News & Ratings for Helios Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helios Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
