Royal Bank of Canada Has $1.54 Million Holdings in Ballard Power Systems, Inc. $BLDP

Posted by George Bondi on Aug 20th, 2026

Royal Bank of Canada increased its position in shares of Ballard Power Systems, Inc. (NASDAQ:BLDP – Free Report) (TSE:BLD) by 94.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 637,068 shares of the technology company’s stock after purchasing an additional 308,742 shares during the period. Royal Bank of Canada’s holdings in Ballard Power Systems were worth $1,542,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Renaissance Technologies LLC acquired a new stake in Ballard Power Systems during the first quarter worth $1,362,000. Dimensional Fund Advisors LP raised its stake in shares of Ballard Power Systems by 18.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,831,549 shares of the technology company’s stock valued at $4,431,000 after buying an additional 283,684 shares in the last quarter. GSA Capital Partners LLP raised its stake in shares of Ballard Power Systems by 108.5% in the 4th quarter. GSA Capital Partners LLP now owns 709,304 shares of the technology company’s stock valued at $1,802,000 after buying an additional 369,137 shares in the last quarter. Counterpoint Mutual Funds LLC bought a new position in shares of Ballard Power Systems during the 1st quarter worth about $548,000. Finally, Leonteq Securities AG bought a new position in shares of Ballard Power Systems during the 4th quarter worth about $319,000. 28.02% of the stock is currently owned by institutional investors and hedge funds.

Ballard Power Systems Trading Up 1.2%

BLDP opened at $2.50 on Thursday. The company has a current ratio of 11.19, a quick ratio of 10.36 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $753.77 million, a PE ratio of -9.62 and a beta of 2.29. Ballard Power Systems, Inc. has a 1-year low of $1.82 and a 1-year high of $6.57. The firm has a 50-day moving average price of $3.20 and a two-hundred day moving average price of $3.23.

Ballard Power Systems (NASDAQ:BLDP – Get Free Report) (TSE:BLD) last announced its earnings results on Friday, July 31st. The technology company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.03). Ballard Power Systems had a negative return on equity of 13.23% and a negative net margin of 72.78%.The company had revenue of $20.34 million for the quarter, compared to analyst estimates of $25.24 million. As a group, equities analysts anticipate that Ballard Power Systems, Inc. will post -0.17 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. KeyCorp reissued a “sector weight” rating on shares of Ballard Power Systems in a research note on Tuesday, August 4th. ATB Cormark Capital Markets lifted their price objective on Ballard Power Systems from $3.50 to $4.30 and gave the company a “sector perform” rating in a report on Wednesday, May 6th. Wall Street Zen lowered Ballard Power Systems from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Zacks Research raised Ballard Power Systems from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 22nd. Finally, TD Cowen boosted their price target on Ballard Power Systems from $2.50 to $4.25 and gave the company a “hold” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $3.50.

View Our Latest Research Report on Ballard Power Systems

About Ballard Power Systems

(Free Report)

Ballard Power Systems (NASDAQ:BLDP) is a Canadian technology company specializing in the development and manufacture of proton exchange membrane (PEM) fuel cell products. Headquartered in Vancouver, British Columbia, Ballard designs and sells fuel cell stacks and modules that enable zero-emission power generation for a variety of applications, including heavy-duty motive systems, backup power, material handling equipment, and portable power solutions.

Since its founding in 1979, Ballard has built a strong intellectual property portfolio and a track record of innovation in PEM fuel cell technology.