Deutsche Bank AG Makes New $1.94 Million Investment in Harmonic Inc. $HLIT

Deutsche Bank AG acquired a new stake in shares of Harmonic Inc. (NASDAQ:HLIT) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 118,587 shares of the communications equipment provider’s stock, valued at approximately $1,937,000.

A number of other institutional investors have also recently made changes to their positions in the company. iSAM Funds UK Ltd bought a new stake in Harmonic in the 3rd quarter worth approximately $49,000. Global Retirement Partners LLC increased its position in Harmonic by 23,193.5% in the fourth quarter. Global Retirement Partners LLC now owns 7,221 shares of the communications equipment provider’s stock worth $71,000 after purchasing an additional 7,190 shares during the last quarter. Royal Bank of Canada increased its position in Harmonic by 64.6% in the fourth quarter. Royal Bank of Canada now owns 7,645 shares of the communications equipment provider’s stock worth $75,000 after purchasing an additional 3,000 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Harmonic during the first quarter valued at $75,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in Harmonic during the fourth quarter valued at $90,000. Hedge funds and other institutional investors own 99.38% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on HLIT. Wall Street Zen cut shares of Harmonic from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Jefferies Financial Group restated a “hold” rating and set a $15.00 target price on shares of Harmonic in a research report on Tuesday, May 12th. Zacks Research downgraded shares of Harmonic from a “strong-buy” rating to a “hold” rating in a report on Friday, July 24th. Needham & Company LLC reiterated a “buy” rating on shares of Harmonic in a research report on Thursday, August 13th. Finally, Northland Securities set a $17.00 price objective on Harmonic in a research note on Thursday, August 13th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.50.

Harmonic Trading Down 2.1%

HLIT stock opened at $12.02 on Friday. The company has a quick ratio of 2.56, a current ratio of 3.05 and a debt-to-equity ratio of 0.30. Harmonic Inc. has a twelve month low of $8.47 and a twelve month high of $17.68. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of -28.62 and a beta of 1.32. The firm’s fifty day simple moving average is $12.90 and its two-hundred day simple moving average is $11.98.

Harmonic (NASDAQ:HLIT) last released its earnings results on Wednesday, August 12th. The communications equipment provider reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.07. Harmonic had a negative net margin of 8.50% and a positive return on equity of 10.91%. The firm had revenue of $133.46 million during the quarter, compared to analyst estimates of $120.89 million. During the same quarter last year, the business earned $0.09 EPS. The business’s revenue was up 53.5% on a year-over-year basis. Harmonic has set its Q3 2026 guidance at 0.150-0.190 EPS and its FY 2026 guidance at 0.670-0.750 EPS. As a group, analysts anticipate that Harmonic Inc. will post 0.5 earnings per share for the current year.

Harmonic Profile

Harmonic Inc (NASDAQ:HLIT) is a leading provider of video delivery infrastructure that enables service providers, broadcasters and content owners to capture, process and distribute high‐quality video across broadcast, cable, satellite and IP networks. The company’s portfolio spans real‐time video compression solutions, including encoders and transcoders, as well as storage and server products designed for live production, playout and streaming on any device.

Harmonic’s product lines include cable edge QAM modules and set‐top video processing platforms for traditional pay‐TV operators, alongside cloud‐native software for over‐the‐top (OTT) delivery, origin servers and content delivery network (CDN) services.