Helios Technologies (NYSE:HLIO) Hits New 52-Week High After Better-Than-Expected Earnings

Helios Technologies, Inc (NYSE:HLIO) reached a new 52-week high during trading on Tuesday after the company announced better than expected quarterly earnings. The stock traded as high as $76.54 and last traded at $75.9690, with a volume of 70497 shares changing hands. The stock had previously closed at $68.02.

The company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.68 by $0.12. Helios Technologies had a net margin of 5.78% and a return on equity of 9.36%. The business had revenue of $228.40 million during the quarter. During the same quarter last year, the firm earned $0.44 EPS. The business’s revenue was up 16.8% on a year-over-year basis. 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.

Helios Technologies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 27th. Investors of record on Monday, April 13th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Monday, April 13th. This is a positive change from Helios Technologies’s previous quarterly dividend of $0.09. Helios Technologies’s payout ratio is presently 33.10%.

Wall Street Analyst Weigh In

HLIO has been the subject of several recent research reports. Zacks Research cut Helios Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 2nd. KeyCorp raised their target price on shares of Helios Technologies from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Tuesday. Wall Street Zen upgraded shares of Helios Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 7th. Stifel Nicolaus increased their price objective on shares of Helios Technologies from $76.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Finally, JPMorgan Chase & Co. started coverage on shares of Helios Technologies in a research report on Tuesday, January 20th. They set an “overweight” rating and a $80.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $81.67.

Institutional Trading of Helios Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its position in shares of Helios Technologies by 0.6% during the 1st quarter. Royal Bank of Canada now owns 89,391 shares of the company’s stock worth $2,868,000 after buying an additional 556 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Helios Technologies by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,771 shares of the company’s stock valued at $634,000 after buying an additional 862 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Helios Technologies by 14.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 143,810 shares of the company’s stock worth $4,615,000 after acquiring an additional 17,914 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Helios Technologies by 14.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 70,936 shares of the company’s stock valued at $2,276,000 after acquiring an additional 9,041 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in Helios Technologies by 198.2% in the first quarter. Jane Street Group LLC now owns 56,606 shares of the company’s stock valued at $1,816,000 after acquiring an additional 37,624 shares in the last quarter. Institutional investors and hedge funds own 94.72% of the company’s stock.

Helios Technologies Stock Up 14.1%

The firm’s 50 day simple moving average is $67.51 and its 200-day simple moving average is $62.76. The company has a market cap of $2.56 billion, a price-to-earnings ratio of 53.29 and a beta of 1.23. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.90 and a quick ratio of 1.58.

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.