JPMorgan Chase & Co. Initiates Coverage on Helios Technologies (NASDAQ:HLIO)

Stock analysts at JPMorgan Chase & Co. started coverage on shares of Helios Technologies (NASDAQ:HLIO) in a report released on Tuesday, MarketBeat.com reports. The firm set an “overweight” rating and a $80.00 price target on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 18.62% from the stock’s current price.

Several other research analysts also recently weighed in on the company. Stifel Nicolaus set a $65.00 target price on Helios Technologies in a research note on Wednesday, November 5th. KeyCorp increased their price target on Helios Technologies from $61.00 to $64.00 and gave the stock an “overweight” rating in a report on Tuesday, November 4th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $64.50.

Helios Technologies Trading Up 4.6%

Shares of Helios Technologies stock opened at $67.44 on Tuesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.54 and a current ratio of 3.03. The company has a market capitalization of $2.23 billion, a P/E ratio of 59.68 and a beta of 1.29. Helios Technologies has a 1 year low of $24.76 and a 1 year high of $67.71. The company’s fifty day moving average is $56.10 and its two-hundred day moving average is $51.76.

Helios Technologies (NASDAQ:HLIO) last announced its earnings results on Monday, November 3rd. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.06. 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 business earned $0.59 earnings per share. The firm’s revenue was up 13.3% compared to the same quarter last year. 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 forecast that Helios Technologies will post 2.06 earnings per share for the current year.

Hedge Funds Weigh In On Helios Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in HLIO. CWM LLC lifted its stake in shares of Helios Technologies by 14.2% in the third quarter. CWM LLC now owns 1,886 shares of the company’s stock valued at $98,000 after purchasing an additional 234 shares during the period. Legacy Wealth Asset Management LLC grew its position in Helios Technologies by 6.2% during the fourth quarter. Legacy Wealth Asset Management LLC now owns 4,186 shares of the company’s stock worth $224,000 after buying an additional 246 shares during the period. Royal Bank of Canada increased its holdings in Helios Technologies by 0.6% in the first quarter. Royal Bank of Canada now owns 89,391 shares of the company’s stock valued at $2,868,000 after buying an additional 556 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its position in shares of Helios Technologies by 4.6% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 14,819 shares of the company’s stock valued at $779,000 after acquiring an additional 650 shares during the period. Finally, Triumph Capital Management acquired a new stake in shares of Helios Technologies during the 3rd quarter valued at approximately $36,000. 94.72% of the stock is owned by institutional investors and hedge funds.

Helios Technologies Company Profile

Helios Technologies, Inc is a global designer, manufacturer and distributor of highly engineered motion and electronic controls solutions. Headquartered in Sarasota, Florida, the company serves original equipment manufacturers (OEMs) across mobile and industrial end markets, including agriculture, construction, material handling, oil and gas, and renewable energy. Established in 2018 through a carve-out of established hydraulic and electronic control businesses, Helios has rapidly built scale through strategic acquisitions, broadening its product portfolio and geographic reach.

The company’s Motion Technologies segment offers a comprehensive suite of hydraulic products, including gear pumps, piston pumps and motors, directional and proportional valves, cylinders, reservoirs, filtration systems and accumulators.