Northern Trust Corp Trims Holdings in Helios Technologies, Inc. $HLIO

Northern Trust Corp trimmed its position in Helios Technologies, Inc. (NASDAQ:HLIO) by 3.2% in the 1st quarter, HoldingsChannel reports. The fund owned 312,283 shares of the company’s stock after selling 10,189 shares during the quarter. Northern Trust Corp’s holdings in Helios Technologies were worth $10,021,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. increased its holdings in Helios Technologies by 16.8% in the 4th quarter. Ameriprise Financial Inc. now owns 157,551 shares of the company’s stock worth $7,033,000 after acquiring an additional 22,680 shares in the last quarter. US Bancorp DE grew its holdings in Helios Technologies by 71.4% during the 1st quarter. US Bancorp DE now owns 11,495 shares of the company’s stock valued at $369,000 after buying an additional 4,790 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its holdings in Helios Technologies by 9.6% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 789,915 shares of the company’s stock valued at $25,349,000 after buying an additional 68,990 shares in the last quarter. Nuveen LLC purchased a new stake in Helios Technologies during the 1st quarter valued at approximately $2,771,000. Finally, GSA Capital Partners LLP purchased a new position in Helios Technologies during the first quarter valued at $545,000. 94.72% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Stifel Nicolaus raised their target price on shares of Helios Technologies from $39.00 to $43.00 and gave the company a “buy” rating in a research note on Monday, July 21st. KeyCorp raised their target price on shares of Helios Technologies from $45.00 to $61.00 and gave the company an “overweight” rating in a research note on Friday. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $51.00.

Helios Technologies Trading Up 1.6%

HLIO stock opened at $55.38 on Friday. The firm has a fifty day moving average price of $43.88 and a 200 day moving average price of $36.09. Helios Technologies, Inc. has a fifty-two week low of $24.76 and a fifty-two week high of $57.29. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.54 and a current ratio of 3.03. The firm has a market cap of $1.84 billion, a PE ratio of 49.01 and a beta of 1.30.

Helios Technologies (NASDAQ:HLIO) last posted its earnings results on Monday, August 4th. The company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.09. Helios Technologies had a net margin of 4.57% and a return on equity of 8.22%. During the same period last year, the firm earned $0.64 earnings per share. The business’s revenue was down 3.4% on a year-over-year basis. Helios Technologies has set its FY 2025 guidance at 2.300-2.500 EPS. Q3 2025 guidance at 0.600-0.680 EPS. Sell-side analysts anticipate that Helios Technologies, Inc. will post 2.06 earnings per share for the current fiscal year.

Helios Technologies Profile

Helios Technologies, Inc, together with its subsidiaries, provides engineered motion control and electronic control technology solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Hydraulics and Electronics. The Hydraulics segment offers cartridge valve technology products to control rates and direction of fluid flow, and to regulate and control pressures for industrial and mobile applications; hydraulic quick release coupling solutions for the agriculture, construction equipment, and industrial markets; motion control technology and fluid conveyance technology; cartridge valve technology; engineered solutions for machine users, manufacturers, or designers.