Jennison Associates LLC Has $67.04 Million Stock Position in Helios Technologies, Inc $HLIO

Jennison Associates LLC boosted its holdings in Helios Technologies, Inc (NYSE:HLIO) by 30.1% in the first quarter, HoldingsChannel reports. The firm owned 1,035,977 shares of the company’s stock after purchasing an additional 239,876 shares during the period. Jennison Associates LLC’s holdings in Helios Technologies were worth $67,038,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in HLIO. Triumph Capital Management bought a new position in shares of Helios Technologies during the 3rd quarter worth approximately $36,000. Quarry LP increased its stake in shares of Helios Technologies by 948.6% in the 3rd quarter. Quarry LP now owns 1,164 shares of the company’s stock valued at $61,000 after acquiring an additional 1,053 shares in the last quarter. Global Retirement Partners LLC bought a new stake in shares of Helios Technologies in the 4th quarter valued at $66,000. Kemnay Advisory Services Inc. acquired a new position in shares of Helios Technologies during the 4th quarter valued at $104,000. Finally, Tower Research Capital LLC TRC lifted its position in shares of Helios Technologies by 39.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,239 shares of the company’s stock valued at $141,000 after acquiring an additional 1,196 shares during the period. 94.72% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Helios Technologies news, insider Matteo Arduini sold 6,027 shares of the business’s stock in a transaction that occurred on 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 sale, the insider directly owned 11,317 shares of the company’s stock, valued at approximately $1,023,283.14. The trade was a 34.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last three months, insiders sold 13,027 shares of company stock worth $1,134,121. Insiders own 0.50% of the company’s stock.

Helios Technologies Stock Performance

HLIO opened at $81.11 on Monday. Helios Technologies, Inc has a 1-year low of $34.95 and a 1-year high of $95.05. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 44.57 and a beta of 1.25. The company’s fifty day moving average price is $82.71 and its two-hundred day moving average price is $72.56. 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 (NYSE:HLIO) last issued its quarterly earnings data on Monday, May 11th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.12. The firm had revenue of $228.40 million during the quarter. Helios Technologies had a net margin of 6.98% and a return on equity of 10.49%. The firm’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. On average, analysts expect that Helios Technologies, Inc will post 2.89 EPS for the current fiscal year.

Helios Technologies Dividend Announcement

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

Analysts Set New Price Targets

HLIO has been the topic of several research analyst reports. Robert W. Baird increased their target price on shares of Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Helios Technologies in a research note on Tuesday, June 2nd. Zacks Research upgraded shares of Helios Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Wall Street Zen upgraded Helios Technologies from a “buy” rating to a “strong-buy” rating in a research note on Sunday, June 28th. Finally, 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. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $92.25.

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.