Lazard Asset Management LLC Makes New Investment in Helios Technologies, Inc $HLIO

Lazard Asset Management LLC bought a new stake in shares of Helios Technologies, Inc (NYSE:HLIO) during the first quarter, HoldingsChannel.com reports. The fund bought 30,382 shares of the company’s stock, valued at approximately $1,966,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of HLIO. Castleark Management LLC lifted its stake in shares of Helios Technologies by 9.3% during the 1st quarter. Castleark Management LLC now owns 160,409 shares of the company’s stock worth $10,380,000 after acquiring an additional 13,660 shares during the last quarter. Compound Planning Inc. bought a new position in Helios Technologies in the 1st quarter valued at $219,000. Sei Investments Co. increased its stake in Helios Technologies by 3.6% in the first quarter. Sei Investments Co. now owns 155,477 shares of the company’s stock worth $10,061,000 after purchasing an additional 5,356 shares during the period. First Trust Advisors LP increased its stake in Helios Technologies by 156.8% in the first quarter. First Trust Advisors LP now owns 28,066 shares of the company’s stock worth $1,816,000 after purchasing an additional 17,138 shares during the period. Finally, Quantedge Capital Pte Ltd bought a new stake in shares of Helios Technologies during the first quarter worth $595,000. 94.72% of the stock is currently owned by hedge funds and other institutional investors.

Helios Technologies Stock Up 0.1%

Helios Technologies stock opened at $77.95 on Monday. 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 market cap of $2.58 billion, a P/E ratio of 42.83 and a beta of 1.27. The business has a fifty day moving average of $83.17 and a two-hundred day moving average of $74.10. Helios Technologies, Inc has a twelve month low of $34.95 and a twelve month high of $95.05.

Helios Technologies (NYSE:HLIO) last released its quarterly earnings results on Monday, May 11th. The company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.68 by $0.12. The firm had revenue of $228.40 million during the quarter. Helios Technologies had a return on equity of 10.49% and a net margin of 6.98%.The company’s revenue was up 16.8% on a year-over-year basis. During the same period in the previous 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. On average, analysts forecast that Helios Technologies, Inc will post 2.9 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

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

Insider Transactions at Helios Technologies

In other news, insider Matteo Arduini sold 6,027 shares of the stock in a transaction 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 owned 11,317 shares in the company, valued at approximately $1,023,283.14. This represents a 34.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold 13,027 shares of company stock valued at $1,134,121 over the last 90 days. 0.50% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Helios Technologies in a report on Tuesday, June 2nd. Stifel Nicolaus boosted their price objective on shares of Helios Technologies from $89.00 to $93.00 and gave the company a “buy” rating in a research report on Monday, July 20th. Wall Street Zen upgraded shares of Helios Technologies from a “buy” rating to a “strong-buy” rating in a research note on Sunday, June 28th. Zacks Research lowered shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 21st. Finally, JPMorgan Chase & Co. lifted their price target on shares of Helios Technologies from $90.00 to $100.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus 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.