Helios Technologies, Inc. (NASDAQ:HLIO) Stake Boosted by Vanguard Group Inc.

Vanguard Group Inc. increased its position in shares of Helios Technologies, Inc. (NASDAQ:HLIO) by 2.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,218,839 shares of the company’s stock after acquiring an additional 88,656 shares during the period. Vanguard Group Inc. owned about 9.72% of Helios Technologies worth $145,974,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Aristides Capital LLC purchased a new stake in shares of Helios Technologies during the 4th quarter worth about $288,000. OLD National Bancorp IN grew its position in Helios Technologies by 13.7% in the fourth quarter. OLD National Bancorp IN now owns 7,264 shares of the company’s stock worth $329,000 after acquiring an additional 877 shares in the last quarter. First National Bank of Omaha acquired a new position in shares of Helios Technologies during the 4th quarter worth $337,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Helios Technologies during the 4th quarter valued at $428,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Helios Technologies by 95.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,869 shares of the company’s stock valued at $448,000 after purchasing an additional 4,832 shares during the last quarter. Institutional investors and hedge funds own 94.72% of the company’s stock.

Helios Technologies Price Performance

NASDAQ HLIO opened at $47.38 on Friday. Helios Technologies, Inc. has a fifty-two week low of $37.50 and a fifty-two week high of $67.31. The stock’s 50-day moving average is $48.85 and its two-hundred day moving average is $45.48. The firm has a market cap of $1.57 billion, a P/E ratio of 47.38 and a beta of 0.85. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.83 and a quick ratio of 1.35.

Helios Technologies (NASDAQ:HLIO) last issued its quarterly earnings data on Wednesday, May 8th. The company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.08. Helios Technologies had a return on equity of 8.37% and a net margin of 3.93%. The business had revenue of $212.00 million for the quarter, compared to the consensus estimate of $205.61 million. During the same period last year, the business earned $0.72 EPS. The firm’s revenue was down .6% compared to the same quarter last year. On average, analysts anticipate that Helios Technologies, Inc. will post 2.55 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 19th. Stockholders of record on Friday, July 5th will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend is Friday, July 5th. Helios Technologies’s payout ratio is 36.00%.

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.