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

Helios Technologies, Inc. (NASDAQ:HLIO) Director Diana Sacchi sold 615 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The stock was 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 in the company, valued at $196,016.76. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Helios Technologies Stock Down 1.6 %

Shares of NASDAQ:HLIO opened at $52.77 on Friday. The company has a market cap of $1.75 billion, a PE ratio of 46.70 and a beta of 0.84. Helios Technologies, Inc. has a 1 year low of $37.50 and a 1 year high of $57.29. The stock’s 50-day moving average is $46.25 and its 200 day moving average is $46.55. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.92 and a quick ratio of 1.49.

Helios Technologies (NASDAQ:HLIO) last announced its earnings results on Tuesday, November 5th. The company reported $0.59 earnings per share 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 8.29%. The firm had revenue of $194.50 million for the quarter, compared to analyst estimates of $196.41 million. During the same quarter in the previous year, the firm posted $0.44 EPS. The company’s revenue for the quarter was down 3.4% compared to the same quarter last year. Sell-side analysts anticipate that Helios Technologies, Inc. will post 2.15 EPS for the current year.

Helios Technologies Dividend Announcement

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. GSA Capital Partners LLP boosted its stake in Helios Technologies by 53.2% during the first quarter. GSA Capital Partners LLP now owns 19,939 shares of the company’s stock worth $891,000 after acquiring an additional 6,923 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Helios Technologies by 16.1% during the first quarter. Sei Investments Co. now owns 117,032 shares of the company’s stock valued at $5,230,000 after purchasing an additional 16,204 shares during the last quarter. Inspire Investing LLC bought a new stake in shares of Helios Technologies in the 1st quarter worth approximately $363,000. Isthmus Partners LLC boosted its position in shares of Helios Technologies by 64.8% in the 1st quarter. Isthmus Partners LLC now owns 62,999 shares of the company’s stock worth $2,815,000 after purchasing an additional 24,773 shares in the last quarter. Finally, ProShare Advisors LLC grew its stake in shares of Helios Technologies by 8.6% in the 1st quarter. ProShare Advisors LLC now owns 5,964 shares of the company’s stock worth $267,000 after buying an additional 470 shares during the last quarter. 94.72% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus cut their price target on shares of Helios Technologies from $64.00 to $63.00 and set a “buy” rating on the stock in a report on Wednesday, October 16th.

Helios Technologies Company 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.