KeyCorp Issues Positive Forecast for Helios Technologies (NYSE:HLIO) Stock Price

Helios Technologies (NYSE:HLIOGet Free Report) had its target price increased by equities researchers at KeyCorp from $82.00 to $85.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. KeyCorp’s price objective indicates a potential upside of 24.87% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. Stifel Nicolaus increased their price target on shares of Helios Technologies from $76.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. JPMorgan Chase & Co. assumed coverage on shares of Helios Technologies in a research report on Tuesday, January 20th. They set an “overweight” rating and a $80.00 price target on the stock. Zacks Research cut shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Finally, Wall Street Zen raised shares of Helios Technologies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 7th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Helios Technologies has a consensus rating of “Moderate Buy” and an average price target of $81.67.

View Our Latest Stock Analysis on HLIO

Helios Technologies Stock Down 0.2%

Shares of Helios Technologies stock opened at $68.07 on Tuesday. The business has a 50-day moving average of $67.51 and a 200-day moving average of $62.76. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.90 and a quick ratio of 1.58. The company has a market capitalization of $2.25 billion, a PE ratio of 46.95 and a beta of 1.23. Helios Technologies has a 1-year low of $28.79 and a 1-year high of $76.47.

Helios Technologies (NYSE:HLIOGet Free Report) last announced its earnings results on Monday, May 11th. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.12. The company had revenue of $228.40 million during the quarter. Helios Technologies had a return on equity of 9.36% and a net margin of 5.78%.The firm’s revenue was up 16.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.44 earnings per share. Helios Technologies has set its Q2 2026 guidance at 0.780-0.830 EPS and its FY 2026 guidance at 2.750-3.000 EPS. As a group, equities analysts forecast that Helios Technologies will post 2.74 EPS for the current fiscal year.

Institutional Investors Weigh In On Helios Technologies

A number of hedge funds have recently made changes to their positions in HLIO. Aberdeen Group plc acquired a new position in shares of Helios Technologies during the fourth quarter valued at approximately $13,681,000. Jackson Creek Investment Advisors LLC acquired a new position in shares of Helios Technologies during the third quarter valued at approximately $1,334,000. Thrivent Financial for Lutherans increased its stake in shares of Helios Technologies by 7.9% during the third quarter. Thrivent Financial for Lutherans now owns 1,530,525 shares of the company’s stock valued at $79,787,000 after acquiring an additional 112,213 shares during the period. William Blair Investment Management LLC increased its stake in shares of Helios Technologies by 16.7% during the third quarter. William Blair Investment Management LLC now owns 735,721 shares of the company’s stock valued at $38,353,000 after acquiring an additional 105,334 shares during the period. Finally, Victory Capital Management Inc. acquired a new position in shares of Helios Technologies during the third quarter valued at approximately $14,598,000. Institutional investors own 94.72% of the company’s stock.

Helios Technologies Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Helios Technologies (NYSE:HLIO)

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