Diamond Hill Capital Management LLC Investment Advisor Purchases Shares of 14,061 Helios Technologies, Inc $HLIO

Diamond Hill Capital Management LLC Investment Advisor acquired a new position in shares of Helios Technologies, Inc (NYSE:HLIO) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 14,061 shares of the company’s stock, valued at approximately $1,255,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. NewEdge Advisors LLC purchased a new position in shares of Helios Technologies during the first quarter worth about $29,000. Triumph Capital Management purchased a new position in shares of Helios Technologies in the 3rd quarter valued at approximately $36,000. Quarry LP increased its stake in Helios Technologies by 948.6% in the 3rd quarter. Quarry LP now owns 1,164 shares of the company’s stock valued at $61,000 after buying an additional 1,053 shares during the period. Global Retirement Partners LLC acquired a new position in shares of Helios Technologies during the fourth quarter worth about $66,000. Finally, Kemnay Advisory Services Inc. acquired a new position in Helios Technologies during the 4th quarter worth approximately $104,000. Institutional investors and hedge funds own 94.72% of the company’s stock.

Helios Technologies Stock Up 0.5%

HLIO opened at $81.93 on Tuesday. The stock has a market cap of $2.70 billion, a P/E ratio of 38.29 and a beta of 1.27. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.74 and a quick ratio of 1.53. Helios Technologies, Inc has a 12 month low of $47.01 and a 12 month high of $95.05. The stock’s 50 day moving average price is $82.87 and its 200 day moving average price is $75.41.

Helios Technologies (NYSE:HLIO) last announced its earnings results on Monday, August 10th. The company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.80 by $0.08. Helios Technologies had a return on equity of 11.43% and a net margin of 8.01%.The firm had revenue of $231.90 million for the quarter. During the same period in the previous year, the firm earned $0.59 EPS. Helios Technologies’s revenue for the quarter was up 9.1% on a year-over-year basis. Helios Technologies has set its FY 2026 guidance at 3.050-3.250 EPS and its Q3 2026 guidance at 0.700-0.770 EPS. As a group, research analysts predict that Helios Technologies, Inc will post 3.18 earnings per share for the current year.

Helios Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 10th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, July 10th. Helios Technologies’s dividend payout ratio is currently 22.43%.

Insider Activity

In other Helios Technologies news, insider Matteo Arduini sold 6,027 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were 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 $1,023,283.14. This represents a 34.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have weighed in on HLIO shares. Weiss Ratings raised Helios Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 12th. Zacks Research cut shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Stifel Nicolaus lifted their price target on Helios Technologies from $93.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Wall Street Zen downgraded Helios Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Robert W. Baird increased their target price on shares of Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $96.25.

About Helios Technologies

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.