Handelsbanken Fonder AB Boosts Stock Position in Himax Technologies, Inc. $HIMX

Handelsbanken Fonder AB raised its position in shares of Himax Technologies, Inc. (NASDAQ:HIMXFree Report) by 95.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,429,263 shares of the semiconductor company’s stock after purchasing an additional 1,676,831 shares during the quarter. Handelsbanken Fonder AB’s holdings in Himax Technologies were worth $28,086,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Triumph Capital Management purchased a new stake in Himax Technologies during the 3rd quarter valued at about $28,000. Advisory Services Network LLC purchased a new stake in Himax Technologies during the 3rd quarter valued at about $28,000. Ameriflex Group Inc. grew its stake in Himax Technologies by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 1,800 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in Himax Technologies by 109.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,056 shares of the semiconductor company’s stock valued at $54,000 after purchasing an additional 3,169 shares during the last quarter. Finally, Larson Financial Group LLC grew its stake in Himax Technologies by 1,197.1% during the 3rd quarter. Larson Financial Group LLC now owns 7,069 shares of the semiconductor company’s stock valued at $62,000 after purchasing an additional 6,524 shares during the last quarter. Hedge funds and other institutional investors own 69.81% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on HIMX shares. Weiss Ratings reissued a “hold (c)” rating on shares of Himax Technologies in a report on Thursday, January 22nd. Wall Street Zen raised Himax Technologies from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $8.00 price objective on shares of Himax Technologies in a report on Wednesday, February 4th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $8.00.

Check Out Our Latest Analysis on Himax Technologies

Himax Technologies Stock Performance

NASDAQ HIMX opened at $19.29 on Wednesday. The stock has a market capitalization of $3.36 billion, a price-to-earnings ratio of 98.42 and a beta of 2.03. Himax Technologies, Inc. has a twelve month low of $6.85 and a twelve month high of $21.80. The company has a current ratio of 1.62, a quick ratio of 1.42 and a debt-to-equity ratio of 0.02. The stock has a 50-day moving average of $11.36 and a 200 day moving average of $9.23.

Himax Technologies (NASDAQ:HIMXGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. The company had revenue of $199.01 million during the quarter, compared to analysts’ expectations of $195.01 million. Himax Technologies had a return on equity of 3.57% and a net margin of 3.91%.Himax Technologies’s quarterly revenue was down 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.11 EPS. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS. Sell-side analysts anticipate that Himax Technologies, Inc. will post 0.4 EPS for the current fiscal year.

Himax Technologies Cuts Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, July 10th. Investors of record on Tuesday, June 30th will be issued a $0.252 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a yield of 122.0%. Himax Technologies’s dividend payout ratio is presently 180.00%.

Himax Technologies Profile

(Free Report)

Himax Technologies, Inc (NASDAQ: HIMX) is a fabless semiconductor company specializing in display imaging technologies. The company designs and develops a comprehensive portfolio of display driver integrated circuits (DDICs), timing controllers, and other high-speed interface chips that enable high-resolution panels for a wide array of electronic devices. Himax’s solutions are tailored to support both LCD and OLED displays, ensuring compatibility with television sets, desktop monitors, laptops, tablets, smartphones and wearable devices.

In addition to core display driver products, Himax offers wafer-level optics and liquid crystal on silicon (LCOS) microdisplay solutions for applications in augmented reality (AR) and virtual reality (VR) headsets.

See Also

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Institutional Ownership by Quarter for Himax Technologies (NASDAQ:HIMX)

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