Helios Technologies - HLIO STOCK NEWS

Helios Technologies (NYSE: HLIO) has announced an expansion of its electro-proportional cartridge valve offerings through its operating company Sun Hydraulics. The company introduced new proportional relief valves, RPEP and RPEN, designed for the T-10A cavity with maximum pressure ratings of 5000 psi and flow capacity of 25 gpm.

The RPEP valve is designed for industrial applications like hydraulic presses, offering precise pressure regulation and electronic system pressure control. The RPEN valve is tailored for mobile equipment, particularly fan drive applications, providing dual functionality as a relief valve and pressure modulator.

Since early 2025, Sun Hydraulics has also launched several other products including the DNDU (4-way solenoid-operated directional blocking valve), DFUA & DFUB (solenoid-operated directional poppet valves), and RBUA (bi-directional direct-acting relief valve), each targeting specific industrial applications.

Helios Technologies (NYSE: HLIO) has announced a leadership restructuring in its Electronics Segment, appointing Billy Aldridge as Senior Vice President, Managing Director of the Electronics Segment. This change comes after the separation of Lee Wichlacz from the company.

The reorganization aims to enhance customer engagement, focus on new go-to-market strategy, and streamline operations to better achieve the company's 2025 objectives. Aldridge, who has been serving as Senior Vice President, Managing Director of Enovation Controls since May 2021, will now oversee all operations within the Electronics segment.

Aldridge's background includes roles at FW Murphy since 2008, where he grew the marine market and progressed through various leadership positions. He previously worked at MerCruiser/Mercury (Brunswick ), where he earned his Lean Six Sigma certification.

Helios Technologies (NYSE: HLIO) has announced a significant leadership change with Laura Dempsey Brown being appointed as the new Board Chair, effective immediately. She succeeds Philippe Lemaitre, who is retiring after serving on the board since 2007 and as Chair since 2013.

Dempsey Brown, who joined Helios' Board in 2020, brings extensive experience from her 19-year tenure at W.W. Grainger, where she served as Senior Vice President of Communications and Investor Relations until her retirement in 2018. She has previously chaired both the Audit and ESG Committees at Helios.

The leadership transition comes as part of Helios' board succession planning. CEO Sean Bagan expressed gratitude for Lemaitre's leadership and welcomed Dempsey Brown's appointment, emphasizing the company's growth and diversification over the past 18 years. Dempsey Brown stated her commitment to improving performance, delivering profitable results, and enhancing shareholder returns.

Helios Technologies (NYSE: HLIO) has announced its Board of Directors' declaration of a quarterly cash dividend of $0.09 per common share, maintaining its remarkable track record of over 28 years of consecutive dividend payments since Q1 1997. The company, which specializes in motion control and electronic controls technology, places itself among less than 8% of U.S. listed companies achieving this milestone.

The dividend will be distributed on April 22, 2025, to stockholders of record as of April 4, 2025. With approximately 33.3 million shares outstanding, Helios demonstrated strong financial performance in 2024, generating a record $122 million in operational cash flow, attributed to disciplined working capital management.

Helios Technologies (NYSE: HLIO) is celebrating a significant 15-year partnership between its Electronics segment Enovation Controls and IDEX Fire & Safety. Throughout this collaboration, Enovation Controls has provided advanced display and software technologies, evolving from PowerView® 450 and 750 displays to the current PowerView® 1100 and 700 displays.

These displays are integral components of IDEX's SAM waterflow control system, a revolutionary advancement in firefighting technology that automates complex pump operations. The system enables firefighters to focus on critical tasks by streamlining pump management, reducing setup time, and enabling swift waterflow during emergencies.

Sean Bagan, President, CEO and CFO of Helios, emphasized their commitment to supporting IDEX Fire & Safety's mission of enhancing safety and performance for first responders worldwide through innovative and reliable technology.

Helios Technologies (NYSE: HLIO) reported its Q4 and full-year 2024 results, demonstrating improved operational efficiency despite challenging market conditions. The company achieved record cash generation with full-year operating cash flow of $122.1 million, up 46% year-over-year.

Q4 net sales decreased 7% to $179.5 million, while full-year sales declined 4% to $805.9 million. However, Q4 gross margin expanded 150 basis points, and operating margin improved 120 basis points through enhanced efficiencies. Q4 diluted EPS was $0.14, with Non-GAAP EPS at $0.33.

The company significantly strengthened its balance sheet, reducing total debt by $75.3 million in 2024 and improving its net debt to adjusted EBITDA leverage ratio to 2.6x. For 2025, Helios projects sales growth between -4% to +2%, focusing on working capital management, operational efficiencies, and continued debt reduction.

Helios Technologies (NYSE: HLIO) has announced a significant $100 million multi-year share repurchase program approved by its Board of Directors. The company, a global leader in motion control and electronic controls technology, plans to fund the buyback through cash on hand and operational cash flow.

CEO Sean Bagan highlighted the company's solid financial execution and strengthened cash generation as key factors enabling this initiative. The repurchase program will complement Helios's 27-year dividend history, enhancing shareholder returns. Management has flexibility to purchase shares in open market or private transactions, including through Rule 10b5-1 trading plans.

Despite recent weak market conditions, Helios has maintained investments in product innovations and regional manufacturing facilities, positioning itself for future growth through its market leadership in engineered solutions.

Helios Technologies (NYSE: HLIO), a leader in motion control and electronic controls technology, has partnered with Alto-Shaam to enhance its ChefLinc™ remote oven management system. This collaboration involves i3 Product Development and its Cygnus Reach software platform, focusing on scalability, security, and data-driven capabilities.

Originally aimed at system maintenance, i3 Product Development identified opportunities to rebuild ChefLinc™, ensuring a more robust solution for Alto-Shaam's growing customer base. The integration of Cygnus Reach has enhanced Alto-Shaam's service capabilities, optimizing performance and creating smarter kitchens.

Kevin Bernier, Director of Product Management for IoT at Alto-Shaam, stated, "We rebuilt the entire platform with i3’s help; we’re reaping the rewards of that now." Sean Bagan, CEO of Helios Technologies, emphasized their commitment to delivering innovative solutions that transform industries.

Alto-Shaam's VP of Quality and Service, Mike Jones, highlighted the real-time insights provided by ChefLinc™, which have significantly improved operational efficiency and reduced costs. The partnership underscores Helios Technologies' dedication to enhancing performance, reliability, and customer satisfaction.

Helios Technologies (NYSE: HLIO), a global leader in motion control and electronic controls technology, has scheduled its fourth quarter and full year 2024 financial results announcement for Monday, February 24, 2025, after market close. Sean Bagan, President, CEO and CFO, will host a conference call and webcast on Tuesday, February 25, 2025, at 9:00 a.m. Eastern Time to discuss the company's results and corporate outlook.

The conference call will be accessible via phone at (201) 689-8573 and through a webcast on the company's website. A replay will be available until March 11, 2025, by dialing (412) 317-6671 with conference ID 13751073. The webcast replay and transcript will be posted in the investor relations section of www.heliostechnologies.com.