Helios Technologies, Inc. (NASDAQ:HLIO) Director Diana Sacchi Sells 615 Shares

Helios Technologies, Inc. (NASDAQ:HLIO) Director Diana Sacchi sold 615 shares of Helios Technologies stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $53.91, for a total transaction of $33,154.65. Following the completion of the transaction, the director now owns 3,636 shares of the company’s stock, valued at $196,016.76. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Helios Technologies Trading Down 1.5 %

Shares of Helios Technologies stock opened at $52.80 on Monday. The company’s 50-day moving average price is $46.25 and its 200-day moving average price is $46.56. The company has a current ratio of 3.03, a quick ratio of 1.49 and a debt-to-equity ratio of 0.52. Helios Technologies, Inc. has a 12-month low of $37.50 and a 12-month high of $57.29. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 46.73 and a beta of 0.84.

Helios Technologies (NASDAQ:HLIO) last released its quarterly earnings results on Tuesday, November 5th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.05. Helios Technologies had a net margin of 4.57% and a return on equity of 8.22%. The firm had revenue of $194.50 million during the quarter, compared to analyst estimates of $196.41 million. During the same period in the previous year, the business earned $0.44 EPS. The business’s revenue for the quarter was down 3.4% on a year-over-year basis. On average, equities analysts expect that Helios Technologies, Inc. will post 2.14 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 21st. Shareholders of record on Friday, October 4th were issued a $0.09 dividend. The ex-dividend date was Friday, October 4th. This represents a $0.36 annualized dividend and a dividend yield of 0.68%. Helios Technologies’s payout ratio is currently 31.86%.

Analysts Set New Price Targets

Separately, Stifel Nicolaus reduced their price target on Helios Technologies from $64.00 to $63.00 and set a “buy” rating for the company in a research report on Wednesday, October 16th.

Institutional Trading of Helios Technologies

A number of large investors have recently modified their holdings of the business. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in Helios Technologies in the second quarter valued at approximately $42,900,000. Thrivent Financial for Lutherans increased its holdings in shares of Helios Technologies by 30.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,820,140 shares of the company’s stock worth $86,821,000 after buying an additional 428,110 shares during the last quarter. Diamond Hill Capital Management Inc. purchased a new stake in shares of Helios Technologies during the 3rd quarter valued at $13,633,000. Mesirow Institutional Investment Management Inc. bought a new stake in shares of Helios Technologies during the 2nd quarter worth $8,544,000. Finally, Royce & Associates LP grew its position in Helios Technologies by 34.1% in the third quarter. Royce & Associates LP now owns 388,659 shares of the company’s stock worth $18,539,000 after acquiring an additional 98,900 shares in the last quarter. Institutional investors own 94.72% of the company’s stock.

About Helios Technologies

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.