Helios Technologies (NYSE:HLIO) Downgraded by Zacks Research to Hold

Zacks Research downgraded shares of Helios Technologies (NYSE:HLIO) from a strong-buy rating to a hold rating in a report released on Tuesday morning,Zacks reports.

HLIO has been the subject of several other research reports. Wall Street Zen downgraded shares of Helios Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. JPMorgan Chase & Co. boosted their target price on Helios Technologies from $100.00 to $110.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. Stifel Nicolaus increased their price target on Helios Technologies from $93.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Weiss Ratings upgraded Helios Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. Finally, KeyCorp raised their target price on shares of Helios Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a report on Monday, July 13th. One investment 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 stock. According to MarketBeat, Helios Technologies has an average rating of “Moderate Buy” and an average price target of $96.25.

Helios Technologies Stock Performance

Shares of Helios Technologies stock opened at $69.45 on Tuesday. The stock has a market capitalization of $2.29 billion, a price-to-earnings ratio of 32.45 and a beta of 1.30. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.74 and a quick ratio of 1.53. The business has a 50-day moving average of $71.12 and a 200 day moving average of $75.90. Helios Technologies has a 12 month low of $48.99 and a 12 month high of $95.05.

Helios Technologies (NYSE:HLIO) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.08. The business had revenue of $231.90 million for the quarter. Helios Technologies had a net margin of 8.01% and a return on equity of 11.43%. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.59 EPS. 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. As a group, sell-side analysts forecast that Helios Technologies will post 3.17 earnings per share for the current year.

Helios Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, October 26th. Shareholders of record on Tuesday, October 13th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, October 13th. Helios Technologies’s dividend payout ratio is currently 22.43%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Nykredit A S acquired a new stake in Helios Technologies during the 2nd quarter worth $30,000. NewEdge Advisors LLC acquired a new position in Helios Technologies in the first quarter valued at $29,000. Allworth Financial LP acquired a new stake in shares of Helios Technologies during the second quarter worth about $40,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Helios Technologies during the second quarter worth about $43,000. Finally, GHP Investment Advisors Inc. lifted its holdings in shares of Helios Technologies by 1.3% in the 1st quarter. GHP Investment Advisors Inc. now owns 42,608 shares of the company’s stock valued at $2,757,000 after purchasing an additional 528 shares during the last quarter. Institutional investors and hedge funds own 94.72% of the company’s stock.

Helios Technologies Company Profile

Helios Technologies, Inc develops and manufactures industrial technology products for the hydraulics and electronics markets. Its offerings include hydraulic cartridge valves, manifolds and electro-hydraulic controls, as well as electronic control systems, displays, instrumentation and related connectivity solutions used in mobile equipment, industrial machinery and other specialized applications.

The company serves original equipment manufacturers and other industrial customers through a portfolio that has included the Sun Hydraulics and Enovation Controls brands.