Helios Technologies (NYSE:HLIO) Price Target Raised to $90.00

Helios Technologies (NYSE:HLIO) had its price target raised by JPMorgan Chase & Co. from $85.00 to $90.00 in a report issued on Wednesday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

HLIO has been the subject of a number of other reports. Zacks Research downgraded Helios Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 2nd. Stifel Nicolaus increased their price objective on Helios Technologies from $76.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Robert W. Baird raised their price target on Helios Technologies from $81.00 to $85.00 and gave the company an “outperform” rating in a research note on Wednesday. KeyCorp raised their price objective on Helios Technologies from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, Wall Street Zen raised Helios Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 7th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $87.25.

Helios Technologies Stock Down 1.6%

Shares of Helios Technologies stock opened at $76.95 on Wednesday. Helios Technologies has a 1 year low of $28.79 and a 1 year high of $80.00. The business has a 50-day moving average of $67.93 and a two-hundred day moving average of $63.31. The company has a market capitalization of $2.54 billion, a P/E ratio of 42.28 and a beta of 1.23. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.86 and a quick ratio of 1.58.

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, topping 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 company had revenue of $228.40 million during the quarter. During the same quarter last year, the company earned $0.44 earnings per share. The firm’s 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. As a group, equities analysts predict that Helios Technologies will post 2.83 EPS for the current year.

Helios Technologies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, April 13th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Monday, April 13th. This is a boost from Helios Technologies’s previous quarterly dividend of $0.09. Helios Technologies’s payout ratio is currently 26.37%.

Hedge Funds Weigh In On Helios Technologies

Institutional investors and hedge funds have recently bought and sold shares of the company. Aberdeen Group plc acquired a new position in Helios Technologies in the 4th quarter worth about $13,681,000. Jackson Creek Investment Advisors LLC acquired a new position in Helios Technologies in the 3rd quarter worth about $1,334,000. Thrivent Financial for Lutherans increased its holdings in Helios Technologies by 7.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,530,525 shares of the company’s stock worth $79,787,000 after purchasing an additional 112,213 shares in the last quarter. William Blair Investment Management LLC increased its holdings in Helios Technologies by 16.7% in the 3rd quarter. William Blair Investment Management LLC now owns 735,721 shares of the company’s stock worth $38,353,000 after purchasing an additional 105,334 shares in the last quarter. Finally, Victory Capital Management Inc. acquired a new position in Helios Technologies in the 3rd quarter worth about $14,598,000. 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.