Gabelli Funds LLC Has $4.85 Million Position in Helios Technologies, Inc $HLIO

Gabelli Funds LLC cut its stake in Helios Technologies, Inc (NYSE:HLIO) by 23.4% in the first quarter, HoldingsChannel.com reports. The fund owned 74,943 shares of the company’s stock after selling 22,916 shares during the period. Gabelli Funds LLC’s holdings in Helios Technologies were worth $4,850,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. LPL Financial LLC boosted its stake in Helios Technologies by 5.1% during the 4th quarter. LPL Financial LLC now owns 5,689 shares of the company’s stock worth $304,000 after acquiring an additional 274 shares during the last quarter. Osaic Holdings Inc. increased its stake 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 purchasing an additional 363 shares in the last quarter. ProShare Advisors LLC raised its holdings in 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 during the period. GHP Investment Advisors Inc. raised its holdings in Helios Technologies by 1.3% in the first quarter. GHP Investment Advisors Inc. now owns 42,608 shares of the company’s stock worth $2,757,000 after purchasing an additional 528 shares during the period. Finally, Royal Bank of Canada boosted its position in shares of Helios Technologies by 0.6% during the first quarter. Royal Bank of Canada now owns 89,391 shares of the company’s stock worth $2,868,000 after purchasing an additional 556 shares in the last quarter. 94.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Helios Technologies

In other news, insider Matteo Arduini sold 6,027 shares of the company’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 completion of the transaction, the insider directly owned 11,317 shares of the company’s stock, valued at $1,023,283.14. This represents a 34.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 13,027 shares of company stock valued at $1,134,121 in the last 90 days. Insiders own 0.50% of the company’s stock.

Helios Technologies Stock Down 1.2%

Shares of HLIO stock opened at $77.50 on Wednesday. Helios Technologies, Inc has a 12-month low of $34.95 and a 12-month high of $95.05. 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 fifty day moving average of $83.27 and a 200-day moving average of $73.75. The company has a market capitalization of $2.56 billion, a price-to-earnings ratio of 42.58 and a beta of 1.25.

Helios Technologies (NYSE:HLIO) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.68 by $0.12. The business had revenue of $228.40 million for the quarter. Helios Technologies had a net margin of 6.98% and a return on equity of 10.49%. The company’s revenue was up 16.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $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 research analysts predict that Helios Technologies, Inc will post 2.9 earnings per share for the current fiscal year.

Helios Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, July 10th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $0.48 annualized dividend and a dividend yield of 0.6%. Helios Technologies’s dividend payout ratio (DPR) is currently 26.37%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Wall Street Zen raised shares of Helios Technologies from a “buy” rating to a “strong-buy” rating in a report on Sunday, June 28th. Stifel Nicolaus lifted their target price on Helios Technologies from $89.00 to $93.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Helios Technologies in a research note on Tuesday, June 2nd. Zacks Research downgraded Helios Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Finally, Robert W. Baird raised their price target on Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. One 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $93.25.

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.