Welcome to our dedicated page for Helios Technologies news (Ticker: HLIO), a resource for investors and traders seeking the latest updates and insights on Helios Technologies stock.
Helios Technologies, Inc. (NASDAQ: HLIO) is a globally recognized industrial technology company specializing in the design, manufacture, and marketing of innovative solutions for the hydraulics and electronics markets. Headquartered in the United States, Helios operates across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions, serving a diverse range of industries including agriculture, construction, industrial machinery, marine, and recreational vehicles.
Business Segments
Helios Technologies operates through two primary business segments: Hydraulics and Electronics. Each segment is tailored to address specific market needs, leveraging the company's engineering expertise and commitment to innovation.
Hydraulics Segment
The Hydraulics segment focuses on the development and production of advanced hydraulic components and systems. Key offerings include:
- Cartridge Valve Technology: Products designed to control fluid flow rates and directions, as well as regulate and manage pressure levels in industrial and mobile applications.
- Quick Release Hydraulic Couplings: Engineered for use in agriculture, construction equipment, and industrial markets, these solutions ensure efficient and reliable fluid connections.
- Hydraulic System Design: Customized, engineered solutions that cater to the specific needs of machine users, manufacturers, and designers.
Products in this segment are marketed under well-established brands such as Sun Hydraulics, Faster, and Custom Fluidpower, reinforcing Helios's reputation for quality and reliability in the hydraulics industry.
Electronics Segment
The Electronics segment provides cutting-edge electronic control systems and displays tailored for a variety of specialized applications. Key offerings include:
- Displays and Instrumentation: Advanced interfaces for monitoring and controlling machinery in off-highway vehicles, recreational and commercial marine vessels, and specialty vehicles.
- Control Systems: Customizable electronic control solutions designed for agriculture, water pumping, power generation, and engine-driven equipment.
This segment caters to industries requiring precision, reliability, and user-friendly interfaces, aligning with Helios's goal of enhancing operational efficiency and end-user experience.
Market Position and Competitive Landscape
Helios Technologies is positioned as a key player in the industrial technology sector, leveraging its dual-segment approach to address both traditional and emerging market needs. Its ability to integrate hydraulics and electronics into cohesive solutions provides a competitive edge, particularly in industries undergoing digital transformation. By focusing on engineered solutions and branded product lines, Helios differentiates itself from competitors, which include both large multinational corporations and specialized niche players.
Value Proposition
At its core, Helios Technologies delivers value through innovation, engineering excellence, and a commitment to solving complex challenges for its customers. The company's products and systems are designed to enhance efficiency, reliability, and performance across a wide range of applications. Its global footprint and diversified customer base further underscore its resilience and adaptability in a competitive market.
Industry Relevance
As industries increasingly demand integrated solutions that combine mechanical and electronic systems, Helios Technologies is well-positioned to capitalize on these trends. Its expertise in hydraulics and electronics allows it to address the evolving needs of industrial and mobile applications, making it a vital partner for businesses seeking advanced technological solutions.
Helios Technologies (NASDAQ: HLIO) has launched the uControl™ mobile machine controllers, enhancing their product lineup for heavy-duty equipment. These controllers offer precise control with features like extensive I/O options, durability in extreme conditions, and compatibility with the ACE™ software platform. The launch aligns with Helios's strategy to lead in niche markets through innovation. New distributors across the U.S. are prepared to support the rollout, contributing to improved customer solutions and operational efficiency.
Helios Technologies (NASDAQ: HLIO) has declared a quarterly cash dividend of $0.09 per common share, marking its ongoing commitment to returning value to shareholders. This dividend will be payable on October 20, 2021, to stockholders of record as of October 5, 2021. Helios has consistently paid dividends since 1997, demonstrating its stable financial performance and shareholder confidence.
Helios Technologies (NASDAQ: HLIO) supports the "CLAMpaign for Clean Water" by Sarasota Bay Watch, aiming to raise $100,000 to add one million clams to Sarasota Bay. The initiative has already placed over 750,000 clams to restore ecosystems and improve water quality. Helios will match donations up to $10,000 from other contributors. This campaign exemplifies the company’s commitment to social and environmental causes. The Southern hardshell clams can filter six gallons of water daily and are resilient to conditions like red tide.
Helios Technologies (NASDAQ: HLIO), a leader in engineered motion control and electronic controls technology, will present at the Morgan Stanley Virtual 9th Annual Laguna Conference on September 15, 2021, at 2:15 p.m. Eastern Time. The session features CEO Josef Matosevic, CFO Tricia Fulton, and VP Tania Almond. A live audio webcast will be available on the Investor Relations page. Helios is committed to market leadership and innovation across various sectors, having consistently paid dividends since its IPO in 1997.
Helios Technologies (Nasdaq: HLIO) has appointed Jean-Pierre "JP" Parent as the Senior Vice President and Managing Director of Balboa Water Group, effective August 20, 2021. Parent, who joined Helios in November 2020 as Executive Vice President of Global Sales, brings over 35 years of managerial experience, focusing on strategic business planning and innovation. CEO Josef Matosevic expressed confidence in Parent's ability to propel the company's Electronics segment forward, reinforcing Helios's commitment to leveraging internal talent while pursuing growth in niche markets.
Helios Technologies, a leader in motion and electronic controls, reported strong second-quarter results for 2021, with net sales of $223.4 million, an 87% increase year-over-year. Gross profit rose 84% to $82.2 million, resulting in a gross margin of 36.8%. The company achieved a net income of $30.7 million, or $0.95 per diluted share, up 138%. Helios aims for $1 billion in revenue by 2023, two years ahead of schedule. The successful acquisition of NEM enhances their hydraulics product line, positioning the company favorably amid supply chain challenges.
Helios Technologies (HLIO) will announce its second quarter 2021 financial results on August 9, 2021, post-market. The CEO, Josef Matosevic, and CFO, Tricia Fulton, will hold a conference call on August 10 at 9:00 a.m. ET to discuss financial outcomes and future strategies. Helios Technologies focuses on engineered motion control and electronic controls for diverse markets, maintaining a strong commitment to innovation and customer service in over 85 countries. The company has consistently paid quarterly dividends since its public offering in 1997.
Helios Technologies (NASDAQ: HLIO) has successfully completed the acquisition of NEM S.r.l., an innovative hydraulic solutions provider. This acquisition, initially announced on June 14, 2021, enhances Helios's electro-hydraulic product offerings and facilitates geographic expansion. NEM's expertise in Cartridge Valve Technology (CVT) is expected to boost Helios's OEM business globally. The acquisition aligns with Helios's strategy for growth through targeted acquisitions and innovative product development.
Helios Technologies (Nasdaq: HLIO) hosted a hybrid investor day, revealing an accelerated growth strategy. CEO Josef Matosevic highlighted plans to achieve $1 billion in revenue by the end of 2023, two years ahead of schedule, alongside an expected adjusted EBITDA margin of approximately 25%. The company aims for organic sales growth at twice the market rate and a 22% CAGR for cash earnings per share. Key strategic pillars include protecting the business, global market initiatives, revenue diversification, and talent development.
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