Helios Technologies (NASDAQ:HLIO) Price Target Raised to $74.00

Helios Technologies (NASDAQ:HLIO) had its price target boosted by Stifel Nicolaus from $65.00 to $74.00 in a research report sent to investors on Friday,Benzinga reports. They currently have a buy rating on the stock.

Several other brokerages have also recently weighed in on HLIO. KeyCorp boosted their price objective on Helios Technologies from $61.00 to $64.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 4th. JPMorgan Chase & Co. began coverage on Helios Technologies in a report on Tuesday, January 20th. They issued an “overweight” rating and a $80.00 target price for the company. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Helios Technologies presently has a consensus rating of “Buy” and an average price target of $66.75.

Helios Technologies Stock Performance

NASDAQ HLIO opened at $65.97 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.03 and a quick ratio of 1.54. The stock has a market capitalization of $2.19 billion, a PE ratio of 58.38 and a beta of 1.29. Helios Technologies has a 1-year low of $24.76 and a 1-year high of $68.56. The business has a 50 day simple moving average of $56.62 and a two-hundred day simple moving average of $52.31.

Helios Technologies (NASDAQ:HLIO) last posted its earnings results on Monday, November 3rd. The company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.06. Helios Technologies had a net margin of 4.57% and a return on equity of 8.22%. The business’s revenue was up 13.3% on a year-over-year basis. During the same period last year, the firm earned $0.59 earnings per share. 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. On average, research analysts predict that Helios Technologies will post 2.06 EPS for the current fiscal year.

Helios Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 21st. Investors of record on Wednesday, January 7th were issued a dividend of $0.09 per share. The ex-dividend date was Wednesday, January 7th. This represents a $0.36 dividend on an annualized basis and a yield of 0.5%. Helios Technologies’s payout ratio is presently 35.64%.

Institutional Trading of Helios Technologies

A number of large investors have recently made changes to their positions in HLIO. Royal Bank of Canada increased its stake 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 buying an additional 556 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Helios Technologies by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,771 shares of the company’s stock valued at $634,000 after buying an additional 862 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Helios Technologies by 14.2% during the first quarter. Goldman Sachs Group Inc. now owns 143,810 shares of the company’s stock worth $4,615,000 after acquiring an additional 17,914 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Helios Technologies by 14.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 70,936 shares of the company’s stock worth $2,276,000 after acquiring an additional 9,041 shares during the period. Finally, Jane Street Group LLC raised its stake in shares of Helios Technologies by 198.2% during the first quarter. Jane Street Group LLC now owns 56,606 shares of the company’s stock valued at $1,816,000 after acquiring an additional 37,624 shares in the last quarter. 94.72% of the stock is owned by hedge funds and other institutional investors.

About Helios Technologies

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.