Wellington Management Group LLP Has $79.20 Million Stake in Helios Technologies, Inc $HLIO

Wellington Management Group LLP lessened its holdings in shares of Helios Technologies, Inc (NYSE:HLIO) by 32.1% in the second quarter, Holdings Channel.com reports. The fund owned 887,417 shares of the company’s stock after selling 419,256 shares during the quarter. Wellington Management Group LLP’s holdings in Helios Technologies were worth $79,202,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of HLIO. LPL Financial LLC increased its stake in Helios Technologies by 5.1% in the fourth quarter. LPL Financial LLC now owns 5,689 shares of the company’s stock valued at $304,000 after purchasing an additional 274 shares in the last quarter. Osaic Holdings Inc. increased its holdings in Helios Technologies by 14.1% during the 4th quarter. Osaic Holdings Inc. now owns 2,942 shares of the company’s stock worth $158,000 after purchasing an additional 363 shares in the last quarter. ProShare Advisors LLC raised its position in Helios Technologies by 6.9% in the 4th quarter. ProShare Advisors LLC now owns 6,065 shares of the company’s stock valued at $324,000 after buying an additional 391 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in shares of Helios Technologies in the first quarter valued at approximately $29,000. Finally, Allworth Financial LP bought a new stake in Helios Technologies during the 2nd quarter worth about $40,000. 94.72% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Helios Technologies news, insider Matteo Arduini sold 6,027 shares of the 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 sale, the insider directly owned 11,317 shares in the company, valued at approximately $1,023,283.14. This trade represents a 34.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.50% of the company’s stock.

Helios Technologies Stock Performance

Shares of HLIO stock opened at $70.73 on Thursday. The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of 33.05 and a beta of 1.26. The business’s 50-day moving average price is $79.94 and its 200-day moving average price is $75.80. The company has a current ratio of 2.74, a quick ratio of 1.53 and a debt-to-equity ratio of 0.35. Helios Technologies, Inc has a 12 month low of $47.01 and a 12 month high of $95.05.

Helios Technologies (NYSE:HLIO) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.08. Helios Technologies had a net margin of 8.01% and a return on equity of 11.43%. The company had revenue of $231.90 million for the quarter. During the same period in the prior year, the firm earned $0.59 EPS. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. 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. Equities research analysts forecast that Helios Technologies, Inc will post 3.19 EPS for the current year.

Helios Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Friday, July 10th. Helios Technologies’s dividend payout ratio is currently 22.43%.

Analyst Upgrades and Downgrades

HLIO has been the topic of several recent analyst reports. Stifel Nicolaus boosted their price target on Helios Technologies from $93.00 to $95.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Wall Street Zen cut shares of Helios Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Robert W. Baird increased their price objective on Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. KeyCorp lifted their price target on shares of Helios Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. Finally, Weiss Ratings raised Helios Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $96.25.

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.