Himax Technologies, Inc. $HIMX Shares Acquired by Royal Bank of Canada

Royal Bank of Canada lifted its stake in shares of Himax Technologies, Inc. (NASDAQ:HIMX) by 31.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 193,024 shares of the semiconductor company’s stock after purchasing an additional 46,582 shares during the period. Royal Bank of Canada owned approximately 0.11% of Himax Technologies worth $1,519,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of HIMX. Triumph Capital Management purchased a new position in Himax Technologies in the 3rd quarter worth about $28,000. Advisory Services Network LLC purchased a new stake in Himax Technologies during the third quarter valued at about $28,000. Police & Firemen s Retirement System of New Jersey purchased a new stake in Himax Technologies during the fourth quarter valued at about $41,000. EFG International AG acquired a new position in shares of Himax Technologies in the fourth quarter worth about $41,000. Finally, Rockefeller Capital Management L.P. increased its position in shares of Himax Technologies by 976.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 5,340 shares of the semiconductor company’s stock worth $44,000 after acquiring an additional 4,844 shares in the last quarter. Institutional investors and hedge funds own 69.81% of the company’s stock.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Himax Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $8.00.

Himax Technologies Stock Down 3.3%

NASDAQ:HIMX opened at $13.90 on Thursday. The firm has a market capitalization of $2.42 billion, a price-to-earnings ratio of 67.48 and a beta of 2.30. Himax Technologies, Inc. has a 1-year low of $6.85 and a 1-year high of $25.09. The company has a current ratio of 1.55, a quick ratio of 1.36 and a debt-to-equity ratio of 0.02. The business’s fifty day moving average price is $14.61 and its 200 day moving average price is $12.90.

Himax Technologies (NASDAQ:HIMX) last announced its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. The firm had revenue of $227.37 million during the quarter, compared to analyst estimates of $222.99 million. Himax Technologies had a return on equity of 3.90% and a net margin of 4.26%.The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the company posted $0.10 EPS. Himax Technologies has set its Q3 2026 guidance at 0.080-0.100 EPS. On average, sell-side analysts forecast that Himax Technologies, Inc. will post 0.4 earnings per share for the current fiscal year.

Himax Technologies Company Profile

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.