Helios Technologies, Inc., together with its subsidiaries, develops, manufactures, and sells solutions for the hydraulics and electronics markets 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; quick release hydraulic coupling solutions for the agriculture, construction equipment, and industrial markets; and hydraulic system design that provides engineered solutions for machine users, manufacturers, or designers. This segment sells its products under the Sun Hydraulics, Faster, and Custom Fluidpower brands. The Electronics segment offers displays, controls, and instrumentation products for off-highway, recreational and commercial marine, power sports and specialty vehicles, agriculture and water pumping, power generation, health and wellness, and engine-driven industrial equipment markets. This segment sells its products under the Enovation Controls, Murphy, and Balboa Water Group brands. Helios Technologies, Inc. sells its hydraulic products primarily through value-add distributors, as well as directly to original equipment manufacturers; and electronic products to original equipment manufacturer customers. The company was formerly known as Sun Hydraulics Corporation and changed its name to Helios Technologies, Inc. in June 2019. Helios Technologies, Inc. was founded in 1970 and is headquartered in Sarasota, Florida.
IPO Year: 2021
Exchange: NASDAQ
Website: heliostechnologies.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/9/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 3/31/2023 | $78.00 | Market Outperform | CJS Securities |
| 3/31/2022 | $107.00 | Outperform | Barrington Research |
| 3/22/2022 | $85.00 → $95.00 | Hold → Buy | Stifel |
| 3/14/2022 | $90.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
| 1/14/2022 | $107.00 → $97.00 | Equal-Weight | Morgan Stanley |
| 11/10/2021 | $89.00 → $107.00 | Equal-Weight | Morgan Stanley |
| 8/12/2021 | $81.00 → $89.00 | Equal-Weight | Morgan Stanley |
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, is pleased to announce the market introduction of the PowerView® U150 and PowerView® U120, now available on select MY25 MasterCraft boats. These innovative products are offered through Helios' operating company, Enovation Controls. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112630773/en/ "We are honored to announce that MasterCraft, a leader in the boating industry, has chosen our latest innovations, the PowerView® U150 and PowerView® U120 displays, for their XStar, X an
Generated $34.8 million in cash from operations, up 195% over prior-year period, reflecting disciplined working capital initiatives Reduced $19.3 million in total debt, the fifth consecutive quarter of debt reduction; Improved net debt leverage ratio again sequentially down to 2.8x from 3.0x ending 2Q24 Delivered net sales of $194.5 million in the quarter, within expected guidance range Expanded gross margin 150 bps with strong operating margin improvement as expected from improved efficiencies and cost adjustments, despite lower net sales Achieved diluted EPS of $0.34 in 3Q24 and diluted Non-GAAP EPS of $0.59, up 209% and 34% respectively over prior-year period Updating 2024 out
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, is pleased to announce that Enovation Controls UK has been recognized by Great Place to Work® as one of the UK's Best Workplaces in Manufacturing, Production & Transportation™. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241024848085/en/Enovation Controls UK has been recognized by Great Place to Work® as one of the UK's Best Workplaces in Manufacturing, Production & Transportation™ (Graphic: Business Wire) This prestigious recognition highlights the Company's commitment to p
Helios Technologies (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that it will release its third quarter 2024 financial results after the market closes on Tuesday, November 5, 2024. Sean Bagan, Interim President, Chief Executive Officer, and Chief Financial Officer will host a conference call and webcast the next morning to review the Company's financial and operating results and discuss its corporate strategies and outlook. Third Quarter 2024 Financial Results Conference Call: Wednesday, November 6, 2024 9:00 a.m. Eastern Time Phone: (201) 689-8573 I
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, today provided an update on its recovery efforts from Hurricane Milton. "I am so grateful that we did not have any reported injuries or loss of life within our team, as Sarasota was directly hit by the hurricane," said Sean Bagan, Interim President, Chief Executive Officer, and Chief Financial Officer of Helios. "While many of our colleagues have been recovering personally from physical damage done to their homes, they simultaneously pulled together to assess and start remediating the damages that our facilities incurred. Our goal was to
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, today provided a preliminary update on its status from Hurricane Milton. "Our immediate concern is for the safety and well-being of our colleagues, their families, and the residents of the communities throughout the region affected by this devastating storm," said Sean Bagan, Interim President, Chief Executive Officer, and Chief Financial Officer of Helios. "Sarasota, which was directly hit by the hurricane, is home to our worldwide corporate headquarters and our operating company Sun Hydraulics, a material part of our Hydraulics segment
Helios Technologies, Inc. (NYSE:HLIO), a global leader in highly engineered motion control and electronic controls technology, announced that its Board of Directors declared a quarterly cash dividend of $0.09 per common share. Helios has declared consecutive quarterly dividends to its stockholders for over 27 years. The dividend will be payable on October 21, 2024 to stockholders of record as of October 4, 2024. Helios Technologies has approximately 33.2 million shares of common stock outstanding. About Helios Technologies Helios Technologies is a global leader in highly engineered motion control and electronic controls technology for diverse end markets, including construction, material
Helios Technologies, Inc. (NYSE:HLIO) ("Helios"), a global leader in highly engineered motion control and electronic controls technology, is pleased to announce that its operating company, i3 Product Development ("i3PD"), has been named an Authorized Partner of STMicroelectronics ("ST"). The ST Partner Program helps their customers reduce development effort and accelerate time to market, by enhancing the ecosystem around ST's broad product portfolio. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240910456270/en/ The collaboration between i3PD and ST is designed to push the boundaries of innovation. i3PD, known for transforming c
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, is pleased to announce that its operating company Enovation Controls has been recognized by Great Place to Work® as one of the UK's Best Workplaces for Women™ for the third consecutive year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240903365843/en/Enovation Controls has been recognized by Great Place to Work® as one of the UK's Best Workplaces for Women™ for the third consecutive year. (Graphic: Business Wire) This prestigious recognition, with Enovation Controls ranking
Helios Technologies, Inc. (NYSE:HLIO) ("Helios"), a global leader in highly engineered motion control and electronic controls technology, introduces cartridge valve model FPJP, a unique industry leading cartridge valve that provides precise proportional control at high flow rates. Launched by Sun Hydraulics ("Sun") a Helios Technologies operating company, FPJP is part of Sun's electro-proportional flow control family. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240821452384/en/HLIO) (Photo: Business Wire)">Helios Technologies (NYSE:HLIO) (Photo: Business Wire) This electro-proportional flow control valve delivers an industry
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4 - HELIOS TECHNOLOGIES, INC. (0001024795) (Issuer)
4 - HELIOS TECHNOLOGIES, INC. (0001024795) (Issuer)
4 - HELIOS TECHNOLOGIES, INC. (0001024795) (Issuer)
4 - HELIOS TECHNOLOGIES, INC. (0001024795) (Issuer)
4 - HELIOS TECHNOLOGIES, INC. (0001024795) (Issuer)
4 - HELIOS TECHNOLOGIES, INC. (0001024795) (Issuer)
4 - HELIOS TECHNOLOGIES, INC. (0001024795) (Issuer)
4 - HELIOS TECHNOLOGIES, INC. (0001024795) (Issuer)
4 - HELIOS TECHNOLOGIES, INC. (0001024795) (Issuer)
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, is pleased to announce the market introduction of the PowerView® U150 and PowerView® U120, now available on select MY25 MasterCraft boats. These innovative products are offered through Helios' operating company, Enovation Controls. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112630773/en/ "We are honored to announce that MasterCraft, a leader in the boating industry, has chosen our latest innovations, the PowerView® U150 and PowerView® U120 displays, for their XStar, X an
Generated $34.8 million in cash from operations, up 195% over prior-year period, reflecting disciplined working capital initiatives Reduced $19.3 million in total debt, the fifth consecutive quarter of debt reduction; Improved net debt leverage ratio again sequentially down to 2.8x from 3.0x ending 2Q24 Delivered net sales of $194.5 million in the quarter, within expected guidance range Expanded gross margin 150 bps with strong operating margin improvement as expected from improved efficiencies and cost adjustments, despite lower net sales Achieved diluted EPS of $0.34 in 3Q24 and diluted Non-GAAP EPS of $0.59, up 209% and 34% respectively over prior-year period Updating 2024 out
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, is pleased to announce that Enovation Controls UK has been recognized by Great Place to Work® as one of the UK's Best Workplaces in Manufacturing, Production & Transportation™. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241024848085/en/Enovation Controls UK has been recognized by Great Place to Work® as one of the UK's Best Workplaces in Manufacturing, Production & Transportation™ (Graphic: Business Wire) This prestigious recognition highlights the Company's commitment to p
Helios Technologies (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that it will release its third quarter 2024 financial results after the market closes on Tuesday, November 5, 2024. Sean Bagan, Interim President, Chief Executive Officer, and Chief Financial Officer will host a conference call and webcast the next morning to review the Company's financial and operating results and discuss its corporate strategies and outlook. Third Quarter 2024 Financial Results Conference Call: Wednesday, November 6, 2024 9:00 a.m. Eastern Time Phone: (201) 689-8573 I
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, today provided an update on its recovery efforts from Hurricane Milton. "I am so grateful that we did not have any reported injuries or loss of life within our team, as Sarasota was directly hit by the hurricane," said Sean Bagan, Interim President, Chief Executive Officer, and Chief Financial Officer of Helios. "While many of our colleagues have been recovering personally from physical damage done to their homes, they simultaneously pulled together to assess and start remediating the damages that our facilities incurred. Our goal was to
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, today provided a preliminary update on its status from Hurricane Milton. "Our immediate concern is for the safety and well-being of our colleagues, their families, and the residents of the communities throughout the region affected by this devastating storm," said Sean Bagan, Interim President, Chief Executive Officer, and Chief Financial Officer of Helios. "Sarasota, which was directly hit by the hurricane, is home to our worldwide corporate headquarters and our operating company Sun Hydraulics, a material part of our Hydraulics segment
Helios Technologies, Inc. (NYSE:HLIO), a global leader in highly engineered motion control and electronic controls technology, announced that its Board of Directors declared a quarterly cash dividend of $0.09 per common share. Helios has declared consecutive quarterly dividends to its stockholders for over 27 years. The dividend will be payable on October 21, 2024 to stockholders of record as of October 4, 2024. Helios Technologies has approximately 33.2 million shares of common stock outstanding. About Helios Technologies Helios Technologies is a global leader in highly engineered motion control and electronic controls technology for diverse end markets, including construction, material
Helios Technologies, Inc. (NYSE:HLIO) ("Helios"), a global leader in highly engineered motion control and electronic controls technology, is pleased to announce that its operating company, i3 Product Development ("i3PD"), has been named an Authorized Partner of STMicroelectronics ("ST"). The ST Partner Program helps their customers reduce development effort and accelerate time to market, by enhancing the ecosystem around ST's broad product portfolio. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240910456270/en/ The collaboration between i3PD and ST is designed to push the boundaries of innovation. i3PD, known for transforming c
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, is pleased to announce that its operating company Enovation Controls has been recognized by Great Place to Work® as one of the UK's Best Workplaces for Women™ for the third consecutive year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240903365843/en/Enovation Controls has been recognized by Great Place to Work® as one of the UK's Best Workplaces for Women™ for the third consecutive year. (Graphic: Business Wire) This prestigious recognition, with Enovation Controls ranking
Helios Technologies, Inc. (NYSE:HLIO) ("Helios"), a global leader in highly engineered motion control and electronic controls technology, introduces cartridge valve model FPJP, a unique industry leading cartridge valve that provides precise proportional control at high flow rates. Launched by Sun Hydraulics ("Sun") a Helios Technologies operating company, FPJP is part of Sun's electro-proportional flow control family. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240821452384/en/HLIO) (Photo: Business Wire)">Helios Technologies (NYSE:HLIO) (Photo: Business Wire) This electro-proportional flow control valve delivers an industry
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KeyBanc Capital Markets downgraded Helios Technologies from Overweight to Sector Weight
CJS Securities initiated coverage of Helios Technologies with a rating of Market Outperform and set a new price target of $78.00
Barrington Research initiated coverage of Helios Technologies with a rating of Outperform and set a new price target of $107.00
Stifel upgraded Helios Technologies from Hold to Buy and set a new price target of $95.00 from $85.00 previously
KeyBanc Capital Markets upgraded Helios Technologies from Sector Weight to Overweight and set a new price target of $90.00
Morgan Stanley reiterated coverage of Helios Technologies with a rating of Equal-Weight and set a new price target of $97.00 from $107.00 previously
Morgan Stanley reiterated coverage of Helios Technologies with a rating of Equal-Weight and set a new price target of $107.00 from $89.00 previously
Morgan Stanley reiterated coverage of Helios Technologies with a rating of Equal-Weight and set a new price target of $89.00 from $81.00 previously
Baird reiterated coverage of Helios Technologies with a rating of Outperform and set a new price target of $94.00 from $89.00 previously
Morgan Stanley reiterated coverage of Helios Technologies with a rating of Equal-Weight and set a new price target of $81.00 from $76.00 previously
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8-K - HELIOS TECHNOLOGIES, INC. (0001024795) (Filer)
10-Q - HELIOS TECHNOLOGIES, INC. (0001024795) (Filer)
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Shares of Helen of Troy Limited (NASDAQ:HELE) fell sharply during Tuesday's session after the company reported soft first-quarter earnings and lowered its FY25 guidance. Helen of Troy reported quarterly earnings of 99 cents per share which missed the analyst consensus estimate of $1.59. The company reported quarterly sales of $416.85 million which missed the analyst consensus estimate of $446.22 million, according to data from Benzinga Pro. Helen of Troy shares dipped 30.3% to $62.06 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Soligenix, Inc. (NASDAQ:SNGX) shares jumped 195% to $5.90 after the company announced interim results for extende
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Keybanc analyst Jeffrey Hammond downgrades Helios Technologies (NYSE:HLIO) from Overweight to Sector Weight.
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Matosevic's leave is pending completion of an ongoing investigation being conducted by the Board with the assistance of outside legal counsel. Helios will make further announcements regarding this matter when the Board approves any course of action for which further disclosure is appropriate. The alleged conduct that prompted this review does not relate to, and does not impact, the Company's strategy or financial reporting.
Helios Technologies (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, today announced that it has completed the previously announced investigation and determined that Josef Matosevic violated Company policy and demonstrated behavior that was inconsistent with the Company's shared values and Code of Business Conduct and Ethics, which included a consensual personal relationship between Mr. Matosevic and an employee. The violation of Company policy did not involve financial misconduct, or the integrity of the Company's financial systems or controls. The Board has terminated Mr. Matosevic as President, Chief Executiv
Appoints Sean Bagan as Interim President and Chief Executive Officer; Appoints Philippe Lemaitre as Interim Executive Chairman Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, today announced its Board of Directors has appointed Sean Bagan to serve as Interim President and Chief Executive Officer in addition to his role as Chief Financial Officer, effective immediately. The Board has also appointed Philippe Lemaitre, to serve as Executive Chairman in addition to his role as Chairman of the Board effective July 1, 2024. These appointments follow the decision by the Board to place Jos
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that Tricia L. Fulton, Executive Vice President and Chief Financial Officer, has decided to retire from Helios after serving over 26 years with the Company and the last 17 years as CFO. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230718395092/en/Helios Technologies | Sean P. Bagan (Photo: Business Wire) "On behalf of the Board and entire Company, I want to congratulate Tricia on her retirement and express our sincere gratitude for her
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that Lee Wichlacz recently joined the Company and has been appointed to the newly created corporate officer position of President, Electronics, effective December 7, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221208006074/en/Lee Wichlacz (Photo: Business Wire) Josef Matosevic, Helios' President and Chief Executive Officer, commented, "As we continue to execute on our augmented strategy, optimizing our leadership structure is par
Helios Technologies, Inc. (NASDAQ:HLIO) ("Helios" or the "Company), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that it has named Jean-Pierre "JP" Parent as the Senior Vice President, Managing Director of Balboa Water Group, LLC effective August 20, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210820005008/en/New Managing Director for Balboa Water Group: JP Parent (Photo: Business Wire) Josef Matosevic, the Company's President and Chief Executive Officer, commented, "Among our shared values is developing and leveraging the deep talent that
SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (Nasdaq: HLIO) (“Helios” or the “Company) a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that Jason Morgan has been appointed to the corporate officer position of President, CVT (Cartridge Valve Technology) effective June 4, 2021. Mr. Morgan joined Helios Technologies in 2018 in the position of Vice President of Global Tax. He rapidly advanced through roles of increasing responsibility, including Interim CFO for Sun Hydraulics LLC. He became Senior Vice President and Managing Director of CVT in November 2020 where he has been responsible for ma
Helios Technologies, Inc. (NASDAQ:HLIO) ("Helios" or the "Company), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that it has named Billy Aldridge as the Senior Vice President, Managing Director of Enovation Controls LLC, effective May 3, 2021. Jinger McPeak, President of Electronic Controls, has informed the company of her intention to resign for personal reasons. Ms. McPeak has agreed to remain with the Company to ensure a smooth leadership transition and her resignation will be effective June 1, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/
SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (Nasdaq: HLIO) (“Helios” or the “Company), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that John Shea has been promoted to the new role of Chief Commercial Officer effective June 1, 2021. Mr. Shea has worked for the Company’s subsidiary, Enovation Controls LLC (“Enovation”), since 2014. In his new corporate role, Mr. Shea will be central to Helios’ strategy to leverage the talent of the organization and drive organic growth both in current and new market verticals. Josef Matosevic, the Company’s President and Chief Executive Officer, commen