Helios Technologies, Inc $HLIO Shares Sold by Granite Investment Partners LLC

Granite Investment Partners LLC lowered its stake in shares of Helios Technologies, Inc (NYSE:HLIO) by 29.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 61,397 shares of the company’s stock after selling 25,331 shares during the period. Granite Investment Partners LLC’s holdings in Helios Technologies were worth $3,973,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in HLIO. Triumph Capital Management purchased a new stake in shares of Helios Technologies during the 3rd quarter valued at $36,000. Quarry LP increased 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 buying an additional 1,053 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of Helios Technologies in the 4th quarter worth $66,000. Kemnay Advisory Services Inc. purchased a new position in shares of Helios Technologies in the 4th quarter worth $104,000. Finally, Osaic Holdings Inc. boosted its holdings in Helios Technologies by 14.1% in the fourth quarter. Osaic Holdings Inc. now owns 2,942 shares of the company’s stock valued at $158,000 after acquiring an additional 363 shares during the last quarter. Institutional investors and hedge funds own 94.72% of the company’s stock.

Analyst Ratings Changes

HLIO has been the subject of a number of research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Helios Technologies in a research report on Tuesday, June 2nd. Stifel Nicolaus raised their price objective on Helios Technologies from $80.00 to $89.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Zacks Research raised Helios Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 27th. Robert W. Baird boosted their target price on Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Finally, Wall Street Zen raised shares of Helios Technologies from a “buy” rating to a “strong-buy” rating in a research report on Sunday, June 28th. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $89.75.

Insider Activity at Helios Technologies

In related news, insider Matteo Arduini sold 6,027 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $90.42, for a total transaction of $544,961.34. Following the sale, the insider directly owned 11,317 shares in the company, valued at approximately $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 can be accessed through this link. In the last quarter, insiders sold 13,027 shares of company stock worth $1,134,121. Company insiders own 0.50% of the company’s stock.

Helios Technologies Stock Performance

NYSE:HLIO opened at $80.25 on Friday. The firm’s fifty day simple moving average is $81.21 and its 200 day simple moving average is $71.48. The company has a current ratio of 2.86, a quick ratio of 1.58 and a debt-to-equity ratio of 0.37. Helios Technologies, Inc has a twelve month low of $33.85 and a twelve month high of $95.05. The firm has a market capitalization of $2.65 billion, a price-to-earnings ratio of 44.10 and a beta of 1.25.

Helios Technologies (NYSE:HLIO) last announced its quarterly earnings results on Monday, May 11th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.12. Helios Technologies had a return on equity of 10.49% and a net margin of 6.98%.The firm had revenue of $228.40 million during the quarter. During the same quarter in the prior year, the company posted $0.44 earnings per share. The firm’s revenue for the quarter was up 16.8% on a year-over-year basis. 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 research analysts expect that Helios Technologies, Inc will post 2.89 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be paid a $0.12 dividend. The ex-dividend date is Friday, July 10th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.6%. Helios Technologies’s dividend payout ratio (DPR) is 26.37%.

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.