OLD National Bancorp IN Has $329,000 Holdings in Helios Technologies, Inc. (NASDAQ:HLIO)

OLD National Bancorp IN lifted its position in shares of Helios Technologies, Inc. (NASDAQ:HLIO) by 13.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 7,264 shares of the company’s stock after purchasing an additional 877 shares during the quarter. OLD National Bancorp IN’s holdings in Helios Technologies were worth $329,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of HLIO. Pinnacle Associates Ltd. grew its holdings in Helios Technologies by 1.0% in the third quarter. Pinnacle Associates Ltd. now owns 19,497 shares of the company’s stock worth $1,082,000 after purchasing an additional 200 shares during the period. Fifth Third Bancorp grew its holdings in shares of Helios Technologies by 4.0% during the third quarter. Fifth Third Bancorp now owns 7,232 shares of the company’s stock valued at $401,000 after buying an additional 278 shares during the last quarter. Federated Hermes Inc. grew its holdings in shares of Helios Technologies by 1.2% during the third quarter. Federated Hermes Inc. now owns 36,412 shares of the company’s stock valued at $2,020,000 after buying an additional 433 shares during the last quarter. Raymond James & Associates grew its holdings in shares of Helios Technologies by 1.4% during the third quarter. Raymond James & Associates now owns 52,459 shares of the company’s stock valued at $2,910,000 after buying an additional 707 shares during the last quarter. Finally, Swiss National Bank grew its holdings in shares of Helios Technologies by 1.1% during the third quarter. Swiss National Bank now owns 71,800 shares of the company’s stock valued at $3,983,000 after buying an additional 800 shares during the last quarter. 94.72% of the stock is currently owned by institutional investors and hedge funds.

Helios Technologies Stock Down 2.3 %

Shares of NASDAQ HLIO opened at $44.70 on Friday. The stock has a market capitalization of $1.48 billion, a P/E ratio of 19.47 and a beta of 0.96. The company has a 50-day moving average price of $44.41 and a 200-day moving average price of $44.31. Helios Technologies, Inc. has a 1 year low of $37.50 and a 1 year high of $67.31. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.74 and a quick ratio of 1.25.

Helios Technologies (NASDAQ:HLIO) last issued its quarterly earnings data on Monday, February 26th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.13. Helios Technologies had a net margin of 4.49% and a return on equity of 9.19%. The firm had revenue of $193.40 million during the quarter, compared to analysts’ expectations of $183.87 million. During the same period last year, the company earned $0.78 earnings per share. The business’s revenue was down 1.3% on a year-over-year basis. On average, equities research analysts forecast that Helios Technologies, Inc. will post 2.42 EPS for the current fiscal year.

Helios Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Thursday, April 4th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date was Wednesday, April 3rd. Helios Technologies’s payout ratio is currently 31.58%.

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.