Public Employees Retirement System of Ohio Cuts Stock Holdings in Himax Technologies, Inc. $HIMX

Public Employees Retirement System of Ohio lessened its holdings in Himax Technologies, Inc. (NASDAQ:HIMX) by 60.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 87,598 shares of the semiconductor company’s stock after selling 132,548 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Himax Technologies were worth $689,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. NewEdge Wealth LLC raised its stake in shares of Himax Technologies by 18.0% during the 1st quarter. NewEdge Wealth LLC now owns 23,256 shares of the semiconductor company’s stock worth $183,000 after buying an additional 3,549 shares in the last quarter. Himension Capital Singapore PTE. LTD. purchased a new stake in shares of Himax Technologies in the first quarter valued at approximately $485,000. Parallel Advisors LLC boosted its stake in shares of Himax Technologies by 22.1% in the first quarter. Parallel Advisors LLC now owns 13,725 shares of the semiconductor company’s stock valued at $108,000 after buying an additional 2,482 shares in the last quarter. SEB Asset Management AB acquired a new position in Himax Technologies during the first quarter worth $214,000. Finally, SmartHarvest Portfolios LLC acquired a new position in Himax Technologies during the first quarter worth $105,000. Institutional investors and hedge funds own 69.81% of the company’s stock.

Himax Technologies Price Performance

Himax Technologies stock opened at $14.18 on Wednesday. The company has a market cap of $2.47 billion, a P/E ratio of 72.35 and a beta of 2.30. Himax Technologies, Inc. has a one year low of $6.85 and a one year high of $25.09. The business has a fifty day moving average of $16.03 and a two-hundred day moving average of $12.42. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.42 and a current ratio of 1.62.

Himax Technologies (NASDAQ:HIMX) last posted 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 business had revenue of $199.01 million for the quarter, compared to analysts’ expectations of $195.01 million. Himax Technologies had a net margin of 3.91% and a return on equity of 3.57%. The business’s revenue for the quarter was down 7.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.11 EPS. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS. As a group, analysts predict that Himax Technologies, Inc. will post 0.4 earnings per share for the current fiscal year.

Himax Technologies Cuts Dividend

The business also recently announced an annual dividend, which was paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.252 per share. This represents a yield of 164.0%. The ex-dividend date was Tuesday, June 30th. Himax Technologies’s dividend payout ratio is presently 120.00%.

About Himax Technologies

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.