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 reports developments in highly engineered motion control and electronic control technologies for industrial and specialized end markets. News commonly covers product launches from operating companies such as Faster, Sun Hydraulics and Balboa Water Group, including hydraulic connection systems, cartridge-style flow meters, thermal management components and electronic controls for health and wellness applications.
Company updates also address financial results, cash dividend declarations, investor presentations, strategic initiatives and customer or community partnerships. Helios serves markets including agriculture, construction, data centers, energy, industrial, marine, material handling, recreational vehicles and health and wellness, with products sold to customers in more than 80 countries.
Helios Technologies (NYSE: HLIO) announced a Fireside Chat at the Baird 2022 Global Industrial Conference on November 8, 2022. The discussion will feature CEO Josef Matosevic, CFO Tricia Fulton, and VP Tania Almond, starting at 11:25 a.m. Central Time. A live audio webcast will be available on the company's Investor Relations page at heliostechnologies.com/ir-calendar, with a replay accessible post-event.
Helios specializes in motion control and electronic controls technology, serving diverse markets globally.
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Helios Technologies (NYSE: HLIO) will release its third quarter 2022 financial results on November 7, 2022, prior to market opening. CEO Josef Matosevic and CFO Tricia Fulton will host a conference call at 9:00 a.m. Eastern Time to review financial performance and discuss corporate strategies. Helios has consistently paid dividends since becoming public in 1997 and markets its advanced motion control and electronic control technologies across various sectors in over 90 countries.
Helios Technologies (NYSE: HLIO) has introduced the OpenView™ product family, expanding its display offerings with enhanced reliability and versatility. The new displays, designed on an open-source platform, include a 5-inch S50 and a 7-inch S70 model, targeting diverse applications. These products feature a high-brightness LCD panel in an IP65-rated case, suitable for various weather conditions. Commercial availability is expected in Q1 2023, enhancing Helios' market reach.
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Helios Technologies, Inc. (NYSE: HLIO) has declared a quarterly cash dividend of $0.09 per common share, reflecting its commitment to returning value to shareholders. This dividend will be payable on October 20, 2022 to stockholders of record as of October 5, 2022. Helios has consistently paid dividends since public listing in 1997, showcasing financial stability with approximately 32.5 million shares outstanding.
Helios Technologies (NYSE: HLIO) has successfully acquired Daman Products Company, enhancing its Hydraulics segment with advanced manifold design and manufacturing capabilities. This strategic acquisition is anticipated to expand Helios’ market presence, with expectations to grow Daman’s revenue from a small business to nearing $100 million within five years. Helios CEO Josef Matosevic highlighted the synergies and technological advancements expected from this integration, aiming for improved offerings in fluid power solutions.
Helios Technologies (NYSE: HLIO) has launched ENERGEN™, a cutting-edge cartridge valve designed to convert hydraulic flow into electric energy, enhancing energy efficiency and simplifying wiring systems. Developed by Sun Hydraulics, a Helios subsidiary, ENERGEN™ responds to the increasing demand for electrical power management amid rising fuel costs and the shift towards electrification. With its integrated generator, this innovative valve captures otherwise wasted energy, providing a sustainable solution for electrical applications in mobile equipment.
Helios Technologies (NYSE: HLIO) introduces the Next Display Platform™, a flexible system designed for diverse end markets. It combines cost-effective features with high-resolution displays, enhancing user experience. Initially available in 5-inch and 7-inch sizes, the platform will support Bluetooth, Wi-Fi, and various interfaces, facilitating OEMs in seamlessly integrating advanced functionalities into their products. Set for full production in Q1 2023, this innovation marks a strategic shift towards an open, Linux-based operating system.
Helios Technologies (NYSE: HLIO) has announced the acquisition of Daman Products Company, enhancing its Hydraulics segment with advanced manifold and hydraulic package technologies. This strategic move aims to broaden market reach and integrate sophisticated product solutions while leveraging Daman's expertise and strong engineering capabilities. The acquisition is set to close in Q4 2022, subject to normal conditions, although financial terms were not disclosed. Daman's established reputation in fluid conveyance products supports Helios' growth strategy in multiple industrial sectors.