Thrivent Financial for Lutherans Sells 604,756 Shares of Helios Technologies, Inc $HLIO

Thrivent Financial for Lutherans reduced its position in Helios Technologies, Inc (NYSE:HLIO) by 39.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 925,769 shares of the company’s stock after selling 604,756 shares during the period. Thrivent Financial for Lutherans owned 2.79% of Helios Technologies worth $49,519,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HLIO. Jennison Associates LLC bought a new stake in Helios Technologies in the 4th quarter valued at about $42,583,000. Kennedy Capital Management LLC bought a new stake in Helios Technologies in the 3rd quarter valued at about $39,503,000. Arrowstreet Capital Limited Partnership raised its stake in Helios Technologies by 106.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 594,361 shares of the company’s stock valued at $30,984,000 after acquiring an additional 306,659 shares during the period. Victory Capital Management Inc. bought a new stake in Helios Technologies in the 3rd quarter valued at about $14,598,000. Finally, Bessemer Group Inc. bought a new stake in Helios Technologies in the 3rd quarter valued at about $14,275,000. 94.72% of the stock is currently owned by institutional investors.

Helios Technologies Stock Down 1.6%

HLIO stock opened at $76.95 on Friday. The company has a quick ratio of 1.58, a current ratio of 2.86 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $2.54 billion, a PE ratio of 42.28 and a beta of 1.23. Helios Technologies, Inc has a twelve month low of $28.79 and a twelve month high of $80.00. The stock has a 50-day simple moving average of $67.93 and a two-hundred day simple moving average of $63.31.

Helios Technologies (NYSE:HLIO) last posted its earnings results on Monday, May 11th. The company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.12. Helios Technologies had a return on equity of 10.49% and a net margin of 6.98%.The business had revenue of $228.40 million during the quarter. During the same period in the previous year, the firm earned $0.44 EPS. The firm’s quarterly revenue was up 16.8% compared to the same quarter last year. 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. On average, equities analysts predict that Helios Technologies, Inc will post 2.89 EPS for the current fiscal year.

Helios Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 27th. Stockholders of record on Monday, April 13th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, April 13th. This is a positive change from Helios Technologies’s previous quarterly dividend of $0.09. This represents a $0.48 annualized dividend and a dividend yield of 0.6%. Helios Technologies’s payout ratio is presently 26.37%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Zacks Research cut Helios Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 2nd. JPMorgan Chase & Co. lifted their target price on Helios Technologies from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Wednesday. KeyCorp lifted their target price on Helios Technologies from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. Wall Street Zen raised Helios Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 7th. Finally, Stifel Nicolaus lifted their target price on Helios Technologies from $80.00 to $89.00 and gave the company a “buy” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $87.25.

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.