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Helios Technologies, Inc. - HLIO STOCK NEWS

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. (symbol: HLIO) is an industrial technology company that designs, manufactures, and markets advanced solutions for the hydraulics and electronics sectors across the globe, including the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

The company operates through two main segments: Hydraulics and Electronics. The Hydraulics segment focuses on producing cartridge valve technology products to control fluid flow rates and directions, as well as regulating and controlling pressures for both industrial and mobile applications. Additionally, this segment provides quick release hydraulic coupling solutions tailored for the agriculture, construction, and industrial markets. Under esteemed brand names such as Sun Hydraulics, Faster, and Custom Fluidpower, Helios Technologies also designs hydraulic systems, offering engineered solutions to enhance machine functionality.

The Electronics segment specializes in the development of displays, controls, and instrumentation products for diverse markets, including off-highway, recreational and commercial marine, power sports, specialty vehicles, agriculture, water pumping, power generation, and engine-driven applications. This segment is dedicated to delivering customized electronic control systems to meet specific industry needs.

Helios Technologies is known for its commitment to innovation and quality, continuously pushing the boundaries to provide effective solutions for complex market demands. The company maintains a strong financial position and strategic partnerships, facilitating ongoing research and development. Its recent achievements include the expansion of product lines and enhancement of global market presence, underscoring its significance in the industrial technology landscape.

For investors and stakeholders, Helios Technologies represents a solid investment opportunity, leveraging a balanced portfolio of hydraulic and electronic products and services that cater to numerous high-growth industries.

Rhea-AI Summary
Helios Technologies, Inc. introduces the PowerView™ U150 15-inch display in partnership with Nautique, a renowned brand in the boating industry. The display offers dual high-resolution screens, seamless integration with Nautique's Paragon Series boats, user-friendly interface, advanced connectivity options, and optimal visibility. This collaboration aims to enhance the boating experience with innovative technology.
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Helios Technologies, Inc. (NYSE: HLIO) declared a quarterly cash dividend of $0.09 per common share, continuing its streak of consecutive quarterly dividends for over 26 years. The dividend will be payable on January 19, 2024, to stockholders of record as of January 4, 2024. Helios has approximately 33.1 million shares of common stock outstanding.
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Helios Technologies, Inc. reported a 3Q23 revenue of $201.4 million, reflecting the impact of a swift change in demand dynamics. Margins were impacted by lower volume and under absorption. The company is protecting margins by controlling overhead expenses and advancing low-cost operations. The full-year outlook for 2023 has been updated.
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Helios Technologies introduces the new Clim8zone™ II technology for heating and cooling spa water. The technology is energy efficient and cost-effective, offering significant savings. It features artificial intelligence and sensors for automatic adjustment of compressor speed. The Clim8zone™ II functions at low ambient air temperatures and operates quietly. It can be controlled through a panel or remotely from smartphones.
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Helios Technologies to Release Third Quarter 2023 Financial Results
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Helios Technologies declares quarterly cash dividend of $0.09 per share.
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Helios Technologies' operating company, Enovation Controls, ranked eleventh on the 2023 list of Best Workplaces in Manufacturing & Production, marking its fourth consecutive year in the top quartile. The recognition highlights the company's commitment to developing talent and fostering a positive workplace culture.
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Helios Technologies unveils the new PowerView™ P70, the first product in the Pro Series of rugged display controllers, offering advanced features and durability for powersports and industrial customers. The company also announces an initial multi-million-dollar customer award for the product.
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Helios Technologies integrates i3's Cygnus Remote Support Platform into OpenPV software, allowing remote customer support capabilities and improving response time and efficiency.
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Helios Technologies, Inc. reports strong sequential top line growth of 7% in Q2 2023. Expanded operating margin by 140 basis points. Diluted EPS of $0.51, up 21% sequentially. Updating 2023 outlook to address pull forward of capacity investments and lower near-term visibility in APAC.
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FAQ

What is the current stock price of Helios Technologies (HLIO)?

The current stock price of Helios Technologies (HLIO) is $46.2 as of December 20, 2024.

What is the market cap of Helios Technologies (HLIO)?

The market cap of Helios Technologies (HLIO) is approximately 1.5B.

What does Helios Technologies, Inc. do?

Helios Technologies, Inc. develops, manufactures, and sells solutions for the hydraulics and electronics markets globally.

What are the main segments of Helios Technologies?

The company operates in two segments: Hydraulics and Electronics.

What products are offered in the Hydraulics segment?

They offer cartridge valve technology, quick release hydraulic coupling solutions, and engineered hydraulic systems.

Which markets does the Electronics segment serve?

It serves markets like off-highway, marine, power sports, agriculture, power generation, and more.

Under which brands does the Hydraulics segment sell its products?

The products are sold under Sun Hydraulics, Faster, and Custom Fluidpower brands.

Where does Helios Technologies operate?

They operate in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

What makes Helios Technologies a good investment?

The company has a balanced portfolio, a strong financial position, and is engaged in high-growth industries.

What recent achievements has Helios Technologies made?

They have expanded their product lines and enhanced their global market presence.

What is the significance of Helios Technologies?

They provide innovative and quality solutions for complex market demands in hydraulics and electronics.

What are some applications of Helios Technologies' products?

Applications include industrial and mobile machinery, agricultural equipment, and recreational and specialty vehicles.

Helios Technologies, Inc.

NYSE:HLIO

HLIO Rankings

HLIO Stock Data

1.54B
32.69M
1.64%
94.62%
2.2%
Specialty Industrial Machinery
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