Granite Investment Partners LLC Reveals 180.1% Increase in Stake in Helios Technologies,, Signaling Investor Confidence
August 5, 2023
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Granite Investment Partners LLC’s significant increase of 180.1% in its stake in Helios Technologies ($NYSE:HLIO), Inc. has sparked investor confidence in the company leading to a substantial surge in its value. Helios Technologies, Inc. is a leading provider of industrial automation and power solutions. Its products are used in a wide range of industries, including oil and gas, automotive, aerospace, semiconductor, and energy. The company has earned a reputation for delivering reliable, robust, and cost-effective solutions to its customers.
This increased investor confidence is driving up the company’s stock price and could potentially lead to further investments in the future. With its existing customer base and strong product portfolio, Helios Technologies, Inc. appears to have the potential to achieve considerable success over the coming years.
Analysis
GoodWhale has conducted a thorough analysis of HELIOS TECHNOLOGIES‘ wellbeing, and based on our Risk Rating, we have concluded that HELIOS TECHNOLOGIES is a medium risk investment. Our analysis of the financial and business aspects of the company indicate potential risks that investors should be aware of. We have detected one risk warning in the company’s balance sheet. To access more detailed information, please become a registered user with GoodWhale and we can provide you with additional analysis of HELIOS TECHNOLOGIES. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Helios Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 858.1 | 81.8 | 9.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Helios Technologies. More…
| Operations | Investing | Financing |
| 107.5 | -182.7 | 75.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Helios Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.56k | 748.2 | 24.82 |
Key Ratios Snapshot
Some of the financial key ratios for Helios Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 16.9% | 9.6% | 13.9% |
| FCF Margin | ROE | ROA |
| 8.0% | 9.3% | 4.8% |
Peers
The company operates in a highly competitive market, competing with the likes of Aura Systems Inc, Scanfil PLC, and EnPro Industries Inc. These organizations are all well-established players in the industry, offering products and services that are designed to meet the needs of customers worldwide. Helios Technologies Inc strives to remain at the forefront of technology and engineering innovation, providing customers with reliable solutions to their needs.
– Aura Systems Inc ($OTCPK:AUSI)
Aura Systems Inc. is a leading manufacturer of mobile air conditioning systems and other related products. The company has a market capitalization of $23.22 million as of 2023, and has achieved a Return on Equity of 8.25%. This reflects Aura Systems’ solid financial performance and ability to generate value for shareholders. The company’s innovative products have allowed it to sustain its competitive advantage in the marketplace by providing reliable, efficient, and affordable solutions. This, combined with its experienced management team, has enabled Aura Systems to remain profitable and continue to grow.
– Scanfil PLC ($LTS:0Q59)
Scanfil PLC is a technology company that provides electronics manufacturing services for the industrial, telecommunications, automotive, healthcare, and energy industries. Their market capitalization of 416.41 million as of 2023 reflects their financial stability and long-term growth potential in the industry. The company’s Return on Equity of 11.92% is a measure of their profitability and ability to generate returns on investments, which suggests they are well managed and able to generate strong returns for their shareholders.
– EnPro Industries Inc ($NYSE:NPO)
EnPro Industries Inc is an industrial solutions provider for engineered components and parts that are used in a wide range of industries, from aerospace to automotive. The company’s current market cap of 2.29B as of 2023 reflects its impressive financial performance, with a Return on Equity of 11.29%. This ROE indicates that EnPro Industries Inc is able to effectively use its capital to generate profits, and its market cap suggests that investors are confident in the company’s future prospects.
Summary
Investment analysts are bullish on Helios Technologies, Inc. after Granite Investment Partners LLC increased their stake in the company by 180.1%. This sizeable increase in investment is seen as a strong vote of confidence in the future prospects of Helios Technologies and has led to a surge in the company’s value. The financial industry is viewing this development as a sign of optimism and a potential for further growth in the near future.
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