Zacks Research Downgrades Helios Technologies (NYSE:HLIO) to Hold

Helios Technologies (NYSE:HLIO) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Several other analysts also recently commented on the company. JPMorgan Chase & Co. raised their target price on Helios Technologies from $90.00 to $100.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Stifel Nicolaus upped their price target on Helios Technologies from $89.00 to $93.00 and gave the stock a “buy” rating in a research note on Monday. Robert W. Baird increased their price target on Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. KeyCorp raised their price objective on Helios Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Helios Technologies in a report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $93.25.

Helios Technologies Stock Down 1.4%

Shares of NYSE HLIO opened at $80.91 on Tuesday. The firm has a market cap of $2.67 billion, a PE ratio of 44.45 and a beta of 1.25. Helios Technologies has a 12-month low of $34.95 and a 12-month high of $95.05. The company’s fifty day simple moving average is $83.17 and its 200 day simple moving average is $73.14. The company has a quick ratio of 1.58, a current ratio of 2.86 and a debt-to-equity ratio of 0.37.

Helios Technologies (NYSE:HLIO) last posted its quarterly 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. Helios Technologies had a net margin of 6.98% and a return on equity of 10.49%. The firm had revenue of $228.40 million during the quarter. During the same period last year, the firm posted $0.44 earnings per share. The company’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, sell-side analysts forecast that Helios Technologies will post 2.9 earnings per share for the current fiscal year.

Insider Activity at Helios Technologies

In other news, insider Matteo Arduini sold 6,027 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $90.42, for a total transaction of $544,961.34. Following the completion of the sale, the insider directly owned 11,317 shares of the company’s stock, valued at $1,023,283.14. The trade was a 34.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold 13,027 shares of company stock worth $1,134,121 over the last ninety days. Insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Helios Technologies

A number of hedge funds have recently added to or reduced their stakes in HLIO. Legacy Wealth Asset Management LLC lifted its holdings in Helios Technologies by 6.2% during the fourth quarter. Legacy Wealth Asset Management LLC now owns 4,186 shares of the company’s stock valued at $224,000 after purchasing an additional 246 shares during the last quarter. LPL Financial LLC boosted its position in Helios Technologies by 5.1% during the fourth quarter. LPL Financial LLC now owns 5,689 shares of the company’s stock worth $304,000 after purchasing an additional 274 shares during the period. Osaic Holdings Inc. increased its stake in shares of Helios Technologies by 14.1% in the fourth quarter. Osaic Holdings Inc. now owns 2,942 shares of the company’s stock worth $158,000 after purchasing an additional 363 shares in the last quarter. ProShare Advisors LLC increased its stake in shares of Helios Technologies by 6.9% in the fourth quarter. ProShare Advisors LLC now owns 6,065 shares of the company’s stock worth $324,000 after purchasing an additional 391 shares in the last quarter. Finally, NewEdge Advisors LLC bought a new stake in shares of Helios Technologies in the first quarter valued at approximately $29,000. Institutional investors and hedge funds own 94.72% of the company’s stock.

About Helios Technologies

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.