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. (NYSE: HLIO) regularly issues news and updates describing its activities as a global leader in highly engineered motion control and electronic controls technology. This news stream covers developments across its Hydraulics and Electronics segments and across the diverse end markets it serves, including construction, material handling, agriculture, energy, recreational vehicles, marine, and health and wellness.
On this page, readers can find press releases about Helios’ financial results, such as quarterly earnings announcements and segment performance commentary, as well as board decisions on quarterly cash dividends. The company has highlighted consecutive quarterly dividends since becoming a public company in 1997, and dividend declarations are frequently reported through current reports and related news releases.
Helios’ news also features product and technology launches from its operating companies, including Sun Hydraulics and Faster S.r.l. Recent announcements have described new hydraulic cartridge valves, energy-harvesting fluid power technologies, and hydraulic connection and casting solutions designed for demanding mobile and industrial applications. These items illustrate how Helios’ motion control and electronic control technologies are applied in equipment such as mobile aerial work platforms, tractors, and other machinery.
Corporate governance and leadership updates are another key element of HLIO news. The company issues releases and files Form 8-Ks regarding executive appointments, changes in leadership roles, and related compensation arrangements. Together, these news items provide investors, analysts, and industry observers with an ongoing view of Helios’ operations, technology developments, capital allocation decisions, and management changes. Bookmark this page to access the latest HLIO news and historical announcements in one place.
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.
Helios Technologies (NYSE: HLIO) has launched the S35 display, a new product designed and manufactured by its Electronics segment subsidiary, Enovation Controls. The S35 is positioned as a successor to the PV101, featuring a 3.5-inch color display with tactile buttons and enhanced durability features.
The display is IP67-rated and can operate in temperatures from -40°C to +85°C. It includes CAN J1939 and CAN Open support, RS485 serial communication, and multiple integration capabilities. The S35 comes with out-of-the-box configurability, customizable parameters, day/night mode options, and company branding features. Additional capabilities include multi-language support, data logging, and USB-C connectivity.
Helios Technologies will showcase the S35 along with other products at the upcoming Bauma Germany show from April 7-13 in booth A4.125.
Helios Technologies (NYSE: HLIO) has appointed Sean P. Bagan as permanent President and Chief Executive Officer, following his interim role since July 8, 2024. The Board's decision came after a comprehensive search process involving both internal and external candidates. Bagan, who will continue as Chief Financial Officer until a replacement is found, has also been nominated to the Company's Board of Directors for election at the June 2025 Annual Meeting.
Philippe Lemaitre will resume his position as Non-Executive Chairman. The Board unanimously supported Bagan's appointment, citing his successful leadership during the interim period, strategic mindset, business acumen, and service leadership style. Bagan expressed commitment to leveraging the company's history of innovation to deliver compounded growth and shareholder value.
Helios Technologies (NYSE: HLIO) has announced its 112th consecutive quarterly cash dividend, maintaining a tradition spanning over 27 years. The company's Board of Directors has declared a quarterly dividend of $0.09 per common share, payable on January 20, 2025, to stockholders of record as of January 3, 2025. The company currently has approximately 33.2 million shares of common stock outstanding.
Helios Technologies (NYSE: HLIO) has introduced the PowerView™ U35, the first round display in their Ultimate Series of premium rugged displays. This next-generation product features a high-speed dual-core processor and a 3.5-inch optically bonded screen with 1000 Nit brightness and IP67 rating. The display includes CAN, USB, and Wi-Fi interfaces, along with digital and analog I/O capabilities.
The U35 operates in temperatures from -30°C to +70°C and will be available for order by the end of 2024 through Enovation Controls, part of Helios' Electronics segment. The product is designed for extreme environments and various industrial applications, offering high visibility and advanced processing power.