Public Employees Retirement System of Ohio Takes Position in Himax Technologies, Inc. $HIMX

Key Points

• Public Employees Retirement System of Ohio purchased 111,920 shares of Himax Technologies valued at approximately $1.72 million, while institutional investors collectively own 69.81% of the company.
• Himax exceeded quarterly expectations, reporting $0.11 in EPS versus the $0.10 consensus estimate and $227.37 million in revenue, up 5.9% year over year. The company guided for third-quarter EPS of $0.08–$0.10.
• HIMX shares opened at $13.68, but analyst sentiment remains cautious: the consensus rating is “Hold” with an average price target of $8.00, despite one firm upgrading the stock to “Buy.”

Public Employees Retirement System of Ohio purchased a new stake in Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 111,920 shares of the semiconductor company's stock, valued at approximately $1,717,000. Public Employees Retirement System of Ohio owned approximately 0.06% of Himax Technologies at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in HIMX. Triumph Capital Management purchased a new position in Himax Technologies in the 3rd quarter valued at about $28,000. Advisory Services Network LLC acquired a new position in shares of Himax Technologies in the 3rd 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 worth approximately $41,000. EFG International AG purchased a new stake in Himax Technologies during the 4th quarter worth $41,000. Finally, Rockefeller Capital Management L.P. boosted 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 buying an additional 4,844 shares during the period. 69.81% of the stock is currently owned by hedge funds and other institutional investors.

Himax Technologies Price Performance

Shares of NASDAQ:HIMX opened at $13.68 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.36 and a current ratio of 1.55. The company's fifty day moving average is $13.82 and its two-hundred day moving average is $13.39. Himax Technologies, Inc. has a 1-year low of $6.85 and a 1-year high of $25.09. The stock has a market capitalization of $2.39 billion, a price-to-earnings ratio of 66.41 and a beta of 2.34.

Himax Technologies (NASDAQ:HIMX - Get Free Report) last posted its earnings results on Thursday, August 6th. The semiconductor company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.10 by $0.01. Himax Technologies had a return on equity of 3.90% and a net margin of 4.26%.The company had revenue of $227.37 million during the quarter, compared to analyst estimates of $222.99 million. During the same period in the prior year, the company earned $0.10 earnings per share. 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. Equities analysts anticipate that Himax Technologies, Inc. will post 0.4 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Himax Technologies from a "hold" rating to a "buy" rating in a report on Saturday, August 8th. Three 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.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source