SCHEDULE 13G/A: Wasatch Advisors LP Discloses 10.2% Passive Stake in Helios Technologies

Wasatch Advisors LP has filed an amended Schedule 13G, reporting a 10.2% beneficial ownership stake in Helios Technologies, Inc. as of March 31, 2025, held for investment purposes.

Summary

• Wasatch Advisors LP, an investment adviser based in Salt Lake City, has filed an Amendment No. 8 to Schedule 13G regarding its beneficial ownership in Helios Technologies, Inc.
• As of March 31, 2025, Wasatch Advisors LP beneficially owns an aggregate of 3,407,368 shares of Helios Technologies, Inc. Common Stock.
• This ownership represents 10.2% of the total outstanding class of securities.
• Wasatch Advisors LP holds sole voting power over 2,471,444 shares and sole dispositive power over all 3,407,368 shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive. While a Schedule 13G is a routine disclosure, a significant passive stake by a reputable investment adviser like Wasatch Advisors LP can be interpreted as a vote of confidence in the issuer, Helios Technologies, Inc., suggesting long-term investment interest without intent to influence control.

Positives

• The disclosure of a significant 10.2% stake by an established investment adviser like Wasatch Advisors LP can signal institutional confidence in Helios Technologies, Inc.'s long-term prospects.
• The passive nature of the investment, as certified by Wasatch Advisors LP, indicates it is held for investment purposes rather than for control, which can be viewed positively by the market as it suggests a belief in the company's current management and strategy.

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance regarding Helios Technologies, Inc.'s future performance or strategic direction, as it solely pertains to beneficial ownership disclosure by an investment adviser.

Industry Context

This filing reflects a routine disclosure of significant passive ownership by an institutional investor in a publicly traded company. Such disclosures are common in the financial industry, providing transparency on large equity holdings and often signaling institutional interest in a company's long-term prospects. Wasatch Advisors LP's role as an investment adviser indicates its focus on managing portfolios for clients, and its stake in Helios Technologies, Inc. is part of its investment strategy.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder, potentially influencing investor sentiment and liquidity.
• Company Management: Awareness of a large passive shareholder, though without direct control implications.

Key Dates

Keywords

Helios Technologies, Wasatch Advisors LP, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, SEC Filing, Investment Adviser