Harmonic Inc. $HLIT Stock Holdings Raised by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL lifted its stake in shares of Harmonic Inc. (NASDAQ:HLIT) by 18.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,013,492 shares of the communications equipment provider’s stock after purchasing an additional 156,862 shares during the period. Tudor Investment Corp ET AL’s holdings in Harmonic were worth $10,317,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Marshall Wace LLP raised its stake in Harmonic by 112.8% during the second quarter. Marshall Wace LLP now owns 1,925,149 shares of the communications equipment provider’s stock valued at $18,231,000 after buying an additional 1,020,431 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Harmonic by 290.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 980,484 shares of the communications equipment provider’s stock worth $9,981,000 after purchasing an additional 729,269 shares during the last quarter. Lazard Asset Management LLC raised its holdings in shares of Harmonic by 249.1% during the second quarter. Lazard Asset Management LLC now owns 718,996 shares of the communications equipment provider’s stock worth $6,808,000 after purchasing an additional 513,022 shares during the period. Ellsworth Advisors LLC bought a new position in shares of Harmonic in the 3rd quarter worth about $5,104,000. Finally, Qube Research & Technologies Ltd lifted its position in shares of Harmonic by 37.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,371,746 shares of the communications equipment provider’s stock worth $12,990,000 after buying an additional 371,302 shares during the last quarter. 99.38% of the stock is owned by institutional investors.

Harmonic Stock Down 2.8%

HLIT stock opened at $9.00 on Monday. The stock has a market cap of $992.16 million, a PE ratio of -23.08 and a beta of 1.04. The firm’s 50-day simple moving average is $10.05 and its 200 day simple moving average is $10.05. Harmonic Inc. has a fifty-two week low of $7.80 and a fifty-two week high of $12.18. The company has a quick ratio of 2.26, a current ratio of 2.50 and a debt-to-equity ratio of 0.28.

Harmonic (NASDAQ:HLIT) last posted its earnings results on Thursday, February 19th. The communications equipment provider reported $0.06 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.04). Harmonic had a positive return on equity of 5.91% and a negative net margin of 7.59%.The firm had revenue of ($53.02) million during the quarter, compared to the consensus estimate of $140.98 million. During the same quarter last year, the company posted $0.45 EPS. Harmonic’s revenue for the quarter was down 42.6% on a year-over-year basis. Harmonic has set its FY 2026 guidance at 0.460-0.630 EPS and its Q1 2026 guidance at 0.110-0.120 EPS. As a group, sell-side analysts predict that Harmonic Inc. will post 0.31 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Rosenblatt Securities boosted their price objective on shares of Harmonic from $14.00 to $16.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Needham & Company LLC lifted their target price on Harmonic from $15.00 to $17.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Northland Securities set a $14.00 target price on Harmonic in a report on Friday, February 20th. Finally, Weiss Ratings cut Harmonic from a “hold (c)” rating to a “sell (d)” rating in a research report on Friday, March 6th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $14.50.

About Harmonic

Harmonic Inc (NASDAQ:HLIT) is a leading provider of video delivery infrastructure that enables service providers, broadcasters and content owners to capture, process and distribute high‐quality video across broadcast, cable, satellite and IP networks. The company’s portfolio spans real‐time video compression solutions, including encoders and transcoders, as well as storage and server products designed for live production, playout and streaming on any device.

Harmonic’s product lines include cable edge QAM modules and set‐top video processing platforms for traditional pay‐TV operators, alongside cloud‐native software for over‐the‐top (OTT) delivery, origin servers and content delivery network (CDN) services.