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 |
8-K - HELIOS TECHNOLOGIES, INC. (0001024795) (Filer)
8-K - HELIOS TECHNOLOGIES, INC. (0001024795) (Filer)
8-K - HELIOS TECHNOLOGIES, INC. (0001024795) (Filer)
10-K - HELIOS TECHNOLOGIES, INC. (0001024795) (Filer)
8-K - HELIOS TECHNOLOGIES, INC. (0001024795) (Filer)
SCHEDULE 13G/A - HELIOS TECHNOLOGIES, INC. (0001024795) (Subject)
SCHEDULE 13G/A - HELIOS TECHNOLOGIES, INC. (0001024795) (Subject)
SCHEDULE 13G/A - HELIOS TECHNOLOGIES, INC. (0001024795) (Subject)
8-K - HELIOS TECHNOLOGIES, INC. (0001024795) (Filer)
8-K - HELIOS TECHNOLOGIES, INC. (0001024795) (Filer)
SC 13G/A - HELIOS TECHNOLOGIES, INC. (0001024795) (Subject)
SC 13G/A - HELIOS TECHNOLOGIES, INC. (0001024795) (Subject)
SC 13G/A - HELIOS TECHNOLOGIES, INC. (0001024795) (Subject)
SC 13G/A - HELIOS TECHNOLOGIES, INC. (0001024795) (Subject)
SC 13G - HELIOS TECHNOLOGIES, INC. (0001024795) (Subject)
SC 13G/A - HELIOS TECHNOLOGIES, INC. (0001024795) (Subject)
SC 13G/A - HELIOS TECHNOLOGIES, INC. (0001024795) (Subject)
SC 13G - HELIOS TECHNOLOGIES, INC. (0001024795) (Subject)
SC 13G/A - HELIOS TECHNOLOGIES, INC. (0001024795) (Subject)
SC 13G/A - HELIOS TECHNOLOGIES, INC. (0001024795) (Subject)
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, announced today that it has streamlined the structure of its Electronics Segment with the naming of Billy Aldridge as Senior Vice President, Managing Director, Electronics Segment. Mr. Aldridge replaces Lee Wichlacz who has been separated from the Company. We thank Mr. Wichlacz for his two years of service and wish him the best in his future endeavors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250331346591/en/Helios Technologies, Electronics Segment names Billy Aldridge as
Laura Dempsey Brown has been appointed successor to Board Chair as Philippe Lemaitre retires following nearly 18 years of service on the Board Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, announced today that the Board of Directors has elected Laura Dempsey Brown as the new Board Chair. Ms. Dempsey Brown, a dedicated member of the Board since 2020, will assume the role immediately, succeeding Philippe Lemaitre, who has announced his retirement from the Board in which he has served since 2007 and his role as Chair, which he has served since 2013. This change is an outcome of our eff
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 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 28 years beginning with the first quarter 1997. "Since 1997, less than 8% of all companies listed on U.S. exchanges have paid consecutive dividends for 28 years in a row. This financial milestone highlights the enduring strong cash generation inherent in our business model. In fact, in 2024 we had a record year for cash generated from o
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, is proud to highlight the 15-year relationship between Enovation Controls, part of Helios' Electronics segment, and IDEX Fire & Safety. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250305699440/en/Enovation Controls PowerView® 1100 and PowerView® 700 displays (Photo: Business Wire) Over the course of this 15-year relationship, IDEX Fire & Safety has trusted Enovation Controls to deliver advanced display and software technologies that power their groundbreaking solutions. Init
Generated fourth quarter 2024 cash from operations of $35.7 million up 6% over prior year period; Full year 2024 cash from operations of $122.1 million, a company record, up 46% compared to prior year period reflecting disciplined working capital initiatives Reduced fourth quarter total debt by $33.9 million, the sixth consecutive quarter of debt reduction; Improved net debt to adjusted EBITDA leverage ratio again sequentially down to 2.6x from 2.8x ending 3Q24; Full year 2024 total debt reduced by $75.3 million compared to last year Delivered fourth quarter net sales of $179.5 million down 7% compared with prior year period; Full year net sales of $805.9 million down 4% compared to
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, announced today that its Board of Directors has approved a multi-year share repurchase program, authorizing the Company to repurchase up to $100 million of its common stock. "Solid financial execution has led to measurably strengthening our cash generation and the future outlook for Helios is exciting. We are confident in our ability to continue to invest in organic growth, consider strategic acquisitions, and increase our return of capital to shareholders by supplementing our over 27 year dividend history with this share repurchase pro
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, is advancing innovation in the commercial kitchen industry through the collaboration of its operating company, i3 Product Development and its Cygnus Reach software platform, with Alto-Shaam. This partnership has enhanced the scalability, security, and data-driven capabilities of Alto-Shaam's ChefLinc™ remote oven management system, delivering significant value to customers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250220720813/en/ Originally focused on system maintenance
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 fourth quarter and full year 2024 financial results after the market closes on Monday, February 24, 2025. Sean Bagan, 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 outlook. Fourth Quarter & FY 2024 Financial Results Conference Call: Tuesday, February 25, 2025 9:00 a.m. Eastern Time Phone: (201) 689-8573 Internet webcast an
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, proudly announces the launch of the S35 display. Designed and manufactured by Enovation Controls, part of Helios' Electronics segment, the S35 combines advanced technology, rugged durability, and exceptional usability to deliver a superior entry-level display solution for industrial and electronic applications. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250121164599/en/S35 Display (Photo: Business Wire) The S35 is a worthy successor to the legendary PV101, offering a versa
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, today announced that its Board of Directors has promoted Sean P. Bagan to President and Chief Executive Officer, effective immediately. Mr. Bagan has also been nominated to the Company's Board of Directors and will be eligible for election at the June 2025 Annual Meeting. The Board, through an external search firm, conducted a thorough search process consisting of internal and external candidates. Mr. Bagan has been serving as the Interim President, Chief Executive Officer and Chief Financial Officer since July 8, 2024. He will continue a
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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)
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, announced today that it has streamlined the structure of its Electronics Segment with the naming of Billy Aldridge as Senior Vice President, Managing Director, Electronics Segment. Mr. Aldridge replaces Lee Wichlacz who has been separated from the Company. We thank Mr. Wichlacz for his two years of service and wish him the best in his future endeavors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250331346591/en/Helios Technologies, Electronics Segment names Billy Aldridge as
Laura Dempsey Brown has been appointed successor to Board Chair as Philippe Lemaitre retires following nearly 18 years of service on the Board Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, announced today that the Board of Directors has elected Laura Dempsey Brown as the new Board Chair. Ms. Dempsey Brown, a dedicated member of the Board since 2020, will assume the role immediately, succeeding Philippe Lemaitre, who has announced his retirement from the Board in which he has served since 2007 and his role as Chair, which he has served since 2013. This change is an outcome of our eff
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 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 28 years beginning with the first quarter 1997. "Since 1997, less than 8% of all companies listed on U.S. exchanges have paid consecutive dividends for 28 years in a row. This financial milestone highlights the enduring strong cash generation inherent in our business model. In fact, in 2024 we had a record year for cash generated from o
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, is proud to highlight the 15-year relationship between Enovation Controls, part of Helios' Electronics segment, and IDEX Fire & Safety. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250305699440/en/Enovation Controls PowerView® 1100 and PowerView® 700 displays (Photo: Business Wire) Over the course of this 15-year relationship, IDEX Fire & Safety has trusted Enovation Controls to deliver advanced display and software technologies that power their groundbreaking solutions. Init
Generated fourth quarter 2024 cash from operations of $35.7 million up 6% over prior year period; Full year 2024 cash from operations of $122.1 million, a company record, up 46% compared to prior year period reflecting disciplined working capital initiatives Reduced fourth quarter total debt by $33.9 million, the sixth consecutive quarter of debt reduction; Improved net debt to adjusted EBITDA leverage ratio again sequentially down to 2.6x from 2.8x ending 3Q24; Full year 2024 total debt reduced by $75.3 million compared to last year Delivered fourth quarter net sales of $179.5 million down 7% compared with prior year period; Full year net sales of $805.9 million down 4% compared to
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, announced today that its Board of Directors has approved a multi-year share repurchase program, authorizing the Company to repurchase up to $100 million of its common stock. "Solid financial execution has led to measurably strengthening our cash generation and the future outlook for Helios is exciting. We are confident in our ability to continue to invest in organic growth, consider strategic acquisitions, and increase our return of capital to shareholders by supplementing our over 27 year dividend history with this share repurchase pro
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, is advancing innovation in the commercial kitchen industry through the collaboration of its operating company, i3 Product Development and its Cygnus Reach software platform, with Alto-Shaam. This partnership has enhanced the scalability, security, and data-driven capabilities of Alto-Shaam's ChefLinc™ remote oven management system, delivering significant value to customers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250220720813/en/ Originally focused on system maintenance
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 fourth quarter and full year 2024 financial results after the market closes on Monday, February 24, 2025. Sean Bagan, 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 outlook. Fourth Quarter & FY 2024 Financial Results Conference Call: Tuesday, February 25, 2025 9:00 a.m. Eastern Time Phone: (201) 689-8573 Internet webcast an
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, proudly announces the launch of the S35 display. Designed and manufactured by Enovation Controls, part of Helios' Electronics segment, the S35 combines advanced technology, rugged durability, and exceptional usability to deliver a superior entry-level display solution for industrial and electronic applications. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250121164599/en/S35 Display (Photo: Business Wire) The S35 is a worthy successor to the legendary PV101, offering a versa
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 January 20, 2025 to stockholders of record as of January 3, 2025. 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, materia
Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, today announced that its Board of Directors has promoted Sean P. Bagan to President and Chief Executive Officer, effective immediately. Mr. Bagan has also been nominated to the Company's Board of Directors and will be eligible for election at the June 2025 Annual Meeting. The Board, through an external search firm, conducted a thorough search process consisting of internal and external candidates. Mr. Bagan has been serving as the Interim President, Chief Executive Officer and Chief Financial Officer since July 8, 2024. He will continue a
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
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