Charles Schwab Investment Management Inc. Has $17.41 Million Stake in Helios Technologies, Inc. (NASDAQ:HLIO)

Charles Schwab Investment Management Inc. grew its position in Helios Technologies, Inc. (NASDAQ:HLIO) by 11.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 364,984 shares of the company’s stock after purchasing an additional 38,307 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.10% of Helios Technologies worth $17,410,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Central Pacific Bank Trust Division grew its position in Helios Technologies by 9.9% during the third quarter. Central Pacific Bank Trust Division now owns 6,498 shares of the company’s stock worth $310,000 after buying an additional 586 shares in the last quarter. Isthmus Partners LLC grew its position in Helios Technologies by 1.1% during the second quarter. Isthmus Partners LLC now owns 63,669 shares of the company’s stock worth $30,000 after buying an additional 670 shares in the last quarter. King Luther Capital Management Corp grew its position in Helios Technologies by 1.0% during the third quarter. King Luther Capital Management Corp now owns 70,442 shares of the company’s stock worth $3,360,000 after buying an additional 704 shares in the last quarter. Innealta Capital LLC acquired a new stake in Helios Technologies during the second quarter worth approximately $35,000. Finally, nVerses Capital LLC grew its position in Helios Technologies by 200.0% during the third quarter. nVerses Capital LLC now owns 1,200 shares of the company’s stock worth $57,000 after buying an additional 800 shares in the last quarter. Institutional investors and hedge funds own 94.72% of the company’s stock.

Analyst Upgrades and Downgrades

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

Helios Technologies Trading Down 2.0 %

Shares of HLIO stock opened at $51.48 on Friday. 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 stock’s fifty day moving average price is $49.87 and its two-hundred day moving average price is $46.94. The company has a market cap of $1.71 billion, a PE ratio of 45.56 and a beta of 0.85. Helios Technologies, Inc. has a fifty-two week low of $39.08 and a fifty-two week high of $57.29.

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

Helios Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 20th. Stockholders of record on Friday, January 3rd will be issued a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 0.70%. The ex-dividend date is Friday, January 3rd. Helios Technologies’s dividend payout ratio is presently 31.86%.

Insider Activity

In other news, Director Diana Sacchi sold 615 shares of the company’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 value of $33,154.65. Following the completion of the transaction, the director now directly owns 3,636 shares of the company’s stock, valued at $196,016.76. This represents a 14.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.70% of the stock is currently owned by corporate insiders.

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.