Algert Global LLC Invests $3.63 Million in Helios Technologies, Inc $HLIO

Algert Global LLC acquired a new stake in shares of Helios Technologies, Inc (NYSE:HLIO) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 40,650 shares of the company’s stock, valued at approximately $3,628,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. NewEdge Advisors LLC purchased a new stake in shares of Helios Technologies in the first quarter worth about $29,000. Triumph Capital Management bought a new stake in Helios Technologies in the 3rd quarter worth approximately $36,000. Allworth Financial LP purchased a new stake in shares of Helios Technologies during the 2nd quarter worth approximately $40,000. Quarry LP raised its holdings in shares of Helios Technologies by 948.6% during the 3rd quarter. Quarry LP now owns 1,164 shares of the company’s stock worth $61,000 after acquiring an additional 1,053 shares in the last quarter. Finally, Global Retirement Partners LLC purchased a new position in shares of Helios Technologies in the fourth quarter valued at $66,000. Institutional investors own 94.72% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on HLIO shares. Wall Street Zen cut shares of Helios Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Robert W. Baird boosted their price target on shares of Helios Technologies from $81.00 to $85.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Zacks Research downgraded shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 21st. JPMorgan Chase & Co. increased their target price on shares of Helios Technologies from $100.00 to $110.00 and gave the company an “overweight” rating in a research report on Wednesday, August 12th. Finally, KeyCorp upped their price objective on shares of Helios Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $96.25.

Helios Technologies Trading Down 2.0%

NYSE HLIO opened at $72.97 on Friday. Helios Technologies, Inc has a 12 month low of $47.01 and a 12 month high of $95.05. The stock has a market capitalization of $2.40 billion, a P/E ratio of 34.10 and a beta of 1.27. The firm’s 50-day moving average is $81.08 and its two-hundred day moving average is $75.82. 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 (NYSE:HLIO) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.80 by $0.08. The firm had revenue of $231.90 million for the quarter. Helios Technologies had a net margin of 8.01% and a return on equity of 11.43%. The business’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.59 earnings per share. 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. On average, sell-side analysts anticipate that Helios Technologies, Inc will post 3.19 earnings per share for the current year.

Helios Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 10th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Friday, July 10th. Helios Technologies’s dividend payout ratio (DPR) is 22.43%.

Insiders Place Their Bets

In other Helios Technologies news, insider Matteo Arduini sold 6,027 shares of the firm’s 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 transaction, the insider owned 11,317 shares of the company’s stock, valued at $1,023,283.14. This trade represents a 34.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.50% of the stock is currently owned by corporate insiders.

Helios Technologies Company Profile

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.