Robeco Institutional Asset Management B.V. increased its holdings in Himax Technologies, Inc. (NASDAQ:HIMX – Free Report) by 24.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 4,447,022 shares of the semiconductor company’s stock after purchasing an additional 882,739 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Himax Technologies were worth $62,570,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Lazard Asset Management LLC raised its position in Himax Technologies by 11.1% during the 1st quarter. Lazard Asset Management LLC now owns 6,355,718 shares of the semiconductor company’s stock worth $50,019,000 after purchasing an additional 637,020 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in Himax Technologies by 233.3% during the 1st quarter. Renaissance Technologies LLC now owns 647,461 shares of the semiconductor company’s stock worth $5,096,000 after buying an additional 453,200 shares during the period. Engineers Gate Manager LP lifted its holdings in Himax Technologies by 776.3% during the 2nd quarter. Engineers Gate Manager LP now owns 116,716 shares of the semiconductor company’s stock worth $1,790,000 after buying an additional 103,397 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of Himax Technologies in the 2nd quarter valued at about $1,717,000. Finally, Royal Bank of Canada grew its position in shares of Himax Technologies by 31.8% in the 1st quarter. Royal Bank of Canada now owns 193,024 shares of the semiconductor company’s stock valued at $1,519,000 after buying an additional 46,582 shares during the last quarter. 69.81% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several brokerages have recently weighed in on HIMX. Weiss Ratings reissued a “hold (c)” rating on shares of Himax Technologies in a research note on Friday, September 25th. Wall Street Zen raised Himax Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Three analysts have rated the stock with a Hold rating. According to MarketBeat, Himax Technologies presently has a consensus rating of “Hold” and a consensus target price of $8.00.
Check Out Our Latest Research Report on Himax Technologies
Himax Technologies Price Performance
HIMX stock opened at $11.10 on Friday. The company has a quick ratio of 1.36, a current ratio of 1.55 and a debt-to-equity ratio of 0.02. The firm has a market cap of $1.94 billion, a price-to-earnings ratio of 57.86 and a beta of 2.34. The company’s fifty day simple moving average is $13.66 and its 200 day simple moving average is $14.67. Himax Technologies, Inc. has a 12-month low of $6.85 and a 12-month high of $25.09.
Himax Technologies (NASDAQ:HIMX – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Himax Technologies had a return on equity of 3.90% and a net margin of 4.26%. The firm had revenue of $227.37 million during the quarter, compared to the consensus estimate of $222.99 million. During the same period last year, the business posted $0.10 EPS. The business’s revenue was up 5.9% compared to the same quarter last year. Himax Technologies has set its Q3 2026 guidance at 0.080-0.100 EPS. On average, analysts expect that Himax Technologies, Inc. will post 0.40 earnings per share for the current year.
Himax Technologies Profile
Himax Technologies, Inc is a fabless semiconductor company headquartered in Tainan, Taiwan. Founded in 2001, the company designs and supplies display-related integrated circuits and other semiconductor components for manufacturers of consumer electronics, automotive systems and industrial devices. Himax has been listed on the Nasdaq since 2006 under the symbol HIMX.
The company’s product portfolio includes display driver ICs, timing controllers, touch and display driver integration products, and other components used in televisions, monitors, notebook computers, smartphones, tablets and automotive displays.
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