Renaissance Technologies LLC Has $673,000 Stock Position in Helios Technologies, Inc $HLIO

Renaissance Technologies LLC lowered its position in Helios Technologies, Inc (NYSE:HLIO) by 55.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,400 shares of the company’s stock after selling 13,100 shares during the quarter. Renaissance Technologies LLC’s holdings in Helios Technologies were worth $673,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of HLIO. LPL Financial LLC raised its stake in shares of 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 purchasing an additional 274 shares in the last quarter. Osaic Holdings Inc. increased 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 worth $158,000 after buying an additional 363 shares during the last quarter. ProShare Advisors LLC increased 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 buying an additional 391 shares during the last quarter. GHP Investment Advisors Inc. raised its position in Helios Technologies by 1.3% during the first quarter. GHP Investment Advisors Inc. now owns 42,608 shares of the company’s stock valued at $2,757,000 after acquiring an additional 528 shares in the last quarter. Finally, Royal Bank of Canada raised its position in Helios Technologies by 0.6% during the first quarter. Royal Bank of Canada now owns 89,391 shares of the company’s stock valued at $2,868,000 after acquiring an additional 556 shares in the last quarter. 94.72% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HLIO has been the subject of a number of analyst reports. Zacks Research cut shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Stifel Nicolaus raised their price target on shares of Helios Technologies from $93.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. JPMorgan Chase & Co. raised their price target on shares of Helios Technologies from $100.00 to $110.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. Weiss Ratings raised shares of Helios Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday. Finally, KeyCorp upped their price objective on shares of Helios Technologies from $85.00 to $95.00 and gave the stock an “overweight” rating in a report on Monday, July 13th. 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’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $96.25.

Helios Technologies Stock Performance

Shares of NYSE HLIO opened at $81.44 on Monday. Helios Technologies, Inc has a 12 month low of $47.01 and a 12 month high of $95.05. The company has a market cap of $2.68 billion, a P/E ratio of 38.06 and a beta of 1.27. The business’s 50 day moving average is $82.90 and its two-hundred day moving average is $75.30. The company has a quick ratio of 1.53, a current ratio of 2.74 and a debt-to-equity ratio of 0.35.

Helios Technologies (NYSE:HLIO) last posted its quarterly earnings data on Monday, August 10th. The company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.08. The company had revenue of $231.90 million during the quarter. Helios Technologies had a return on equity of 11.43% and a net margin of 8.01%.The firm’s revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.59 earnings per share. Helios Technologies has set its FY 2026 guidance at 3.050-3.250 EPS and its Q3 2026 guidance at 0.700-0.770 EPS. On average, equities analysts expect that Helios Technologies, Inc will post 3.18 EPS for the current year.

Helios Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, July 10th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $0.48 dividend on an annualized basis and a yield of 0.6%. Helios Technologies’s dividend payout ratio is 22.43%.

Insiders Place Their Bets

In other Helios Technologies news, insider Matteo Arduini sold 6,027 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $90.42, for a total value of $544,961.34. Following the sale, the insider directly owned 11,317 shares in the company, valued at $1,023,283.14. This trade represents a 34.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.50% of the stock is currently owned by company insiders.

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.