William Blair Investment Management LLC Acquires New Holdings in Helios Technologies, Inc $HLIO

William Blair Investment Management LLC bought a new position in shares of Helios Technologies, Inc (NYSE:HLIO) in the second quarter, HoldingsChannel.com reports. The firm bought 834,221 shares of the company’s stock, valued at approximately $74,454,000.

Several other hedge funds and other institutional investors have also bought and sold shares of HLIO. BlackRock Inc. purchased a new position in shares of Helios Technologies in the 2nd quarter valued at $231,414,000. Wellington Management Group LLP lifted its stake in shares of Helios Technologies by 114.9% during the 4th quarter. Wellington Management Group LLP now owns 1,997,527 shares of the company’s stock worth $106,848,000 after purchasing an additional 1,067,846 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Helios Technologies by 3.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,626,796 shares of the company’s stock worth $84,806,000 after purchasing an additional 55,206 shares during the last quarter. Jennison Associates LLC boosted its position in Helios Technologies by 30.1% during the first quarter. Jennison Associates LLC now owns 1,035,977 shares of the company’s stock valued at $67,038,000 after purchasing an additional 239,876 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in Helios Technologies by 7.9% during the second quarter. Bank of America Corp DE now owns 932,366 shares of the company’s stock valued at $31,113,000 after purchasing an additional 68,182 shares in the last quarter. Institutional investors own 94.72% of the company’s stock.

Helios Technologies Stock Down 0.2%

Shares of HLIO stock opened at $76.18 on Friday. The stock’s fifty day moving average price is $82.39 and its 200 day moving average price is $75.68. Helios Technologies, Inc has a 1-year low of $47.01 and a 1-year high of $95.05. The company has a market cap of $2.51 billion, a price-to-earnings ratio of 35.60 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 (NYSE:HLIO) last released its quarterly earnings results on Monday, August 10th. The company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.08. Helios Technologies had a return on equity of 11.43% and a net margin of 8.01%.The company had revenue of $231.90 million during the quarter. During the same quarter last year, the business posted $0.59 earnings per share. The company’s quarterly revenue was up 9.1% compared to the same quarter last year. 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, research analysts expect that Helios Technologies, Inc will post 3.18 earnings per share for the current fiscal year.

Helios Technologies Dividend Announcement

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

Insider Activity

In related 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 transaction, the insider directly 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 document filed with the SEC, which is available through this hyperlink. 0.50% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Weiss Ratings upgraded shares of Helios Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 12th. Robert W. Baird raised 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. Wall Street Zen lowered shares of Helios Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, 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. One research 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, Helios Technologies has an average rating of “Moderate Buy” and an average target price of $96.25.

Helios Technologies 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.