Helios Technologies (NASDAQ:HLIO) announced a quarterly dividend on Tuesday, December 17th, Wall Street Journal reports. Investors of record on Sunday, January 5th will be given a dividend of 0.09 per share on Monday, January 20th. This represents a $0.36 annualized dividend and a yield of 0.80%. The ex-dividend date of this dividend is Thursday, January 2nd.

Helios Technologies has a payout ratio of 17.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Helios Technologies to earn $2.15 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 16.7%.

NASDAQ HLIO traded down $0.28 during trading hours on Wednesday, reaching $44.97. 49,534 shares of the stock traded hands, compared to its average volume of 64,807. The company has a market cap of $1.52 billion, a price-to-earnings ratio of 22.94 and a beta of 1.82. The stock has a 50 day simple moving average of $45.81 and a two-hundred day simple moving average of $43.56. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.57 and a quick ratio of 1.40. Helios Technologies has a 1 year low of $32.49 and a 1 year high of $53.60.

In other news, CFO Tricia L. Fulton sold 1,500 shares of the business’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $48.00, for a total value of $72,000.00. Following the sale, the chief financial officer now directly owns 54,372 shares of the company’s stock, valued at approximately $2,609,856. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Christine L. Koski sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $45.68, for a total value of $913,600.00. Following the completion of the sale, the director now directly owns 52,811 shares in the company, valued at $2,412,406.48. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 49,921 shares of company stock worth $2,328,128. Insiders own 6.30% of the company’s stock.

Several research analysts have recently commented on the company. Zacks Investment Research upgraded Helios Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, January 8th. SunTrust Banks assumed coverage on Helios Technologies in a report on Tuesday, December 17th. They issued a “hold” rating and a $48.00 price objective on the stock. Finally, ValuEngine downgraded Helios Technologies from a “hold” rating to a “sell” rating in a report on Tuesday, December 24th. One analyst has rated the stock with a sell rating and four have given a hold rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $44.67.

37 Degree Swivel Bspt Male Adapter

Helios Technologies, Inc develops, manufactures, and sells solutions for the hydraulics and electronics markets. The company operates through two segments, Hydraulics and Electronics. The Hydraulics segment offers screw-in hydraulic cartridge valves, electro-hydraulics, manifolds, and integrated package solutions for the industrial and mobile hydraulics markets; quick release hydraulic coupling solutions for the agriculture, construction equipment, and industrial markets; and hydraulic, pneumatic, electronic, and instrumentation solutions to a range of industries, including agriculture, industrial, mining, and material handling.

Receive News & Ratings for Helios Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helios Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Hydraulic Fittings, Ball Valves, Quick Couplings, Pneumatic Connections - JAZZY,https://www.jazzyhydraulic.com/