B. Metzler seel. Sohn & Co. AG acquired a new position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 13,383 shares of the semiconductor company's stock, valued at approximately $2,535,000.
A number of other hedge funds have also made changes to their positions in the business. Teza Capital Management LLC purchased a new position in shares of Axcelis Technologies in the 2nd quarter valued at $419,000. BTG Pactual Asset Management US LLC purchased a new stake in shares of Axcelis Technologies in the 2nd quarter valued at about $222,000. Greenleaf Trust purchased a new stake in shares of Axcelis Technologies in the 2nd quarter valued at about $342,000. Wellington Management Group LLP acquired a new stake in shares of Axcelis Technologies in the 2nd quarter valued at about $13,070,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Axcelis Technologies in the 2nd quarter valued at about $82,000. Hedge funds and other institutional investors own 89.98% of the company's stock.
Wall Street Analyst Weigh In
ACLS has been the topic of a number of recent research reports. Bank of America lifted their target price on shares of Axcelis Technologies from $130.00 to $156.00 and gave the company an "underperform" rating in a report on Tuesday, June 23rd. Craig Hallum downgraded Axcelis Technologies from a "buy" rating to a "hold" rating and set a $140.00 price target on the stock. in a research note on Friday, August 7th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Axcelis Technologies in a report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $132.20.
Get Our Latest Report on ACLS
Axcelis Technologies Price Performance
Shares of ACLS stock opened at $115.08 on Friday. Axcelis Technologies, Inc. has a twelve month low of $73.60 and a twelve month high of $193.78. The company has a market capitalization of $3.55 billion, a PE ratio of 38.62, a price-to-earnings-growth ratio of 3.37 and a beta of 1.86. The company has a current ratio of 4.90, a quick ratio of 3.21 and a debt-to-equity ratio of 0.04. The firm has a fifty day simple moving average of $134.77 and a 200-day simple moving average of $129.44.
Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.06 EPS for the quarter, topping analysts' consensus estimates of $0.89 by $0.17. Axcelis Technologies had a net margin of 10.71% and a return on equity of 11.69%. The firm had revenue of $215.18 million for the quarter, compared to analyst estimates of $205.03 million. During the same quarter in the previous year, the business posted $1.13 EPS. The firm's revenue was up 10.6% compared to the same quarter last year. Axcelis Technologies has set its Q3 2026 guidance at 1.110-1.110 EPS. Equities research analysts anticipate that Axcelis Technologies, Inc. will post 3.39 earnings per share for the current fiscal year.
Axcelis Technologies Company Profile
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Free Report)
Axcelis Technologies, Inc is a leading developer and manufacturer of ion implantation and cleaning equipment used in the fabrication of semiconductor chips. The company specializes in high-current, medium-current and high-energy ion implantation systems, which are critical for introducing precisely controlled dopants into silicon wafers. Axcelis also offers plasma-based cleaning and dry strip tools that support advanced process nodes in logic, memory and power device manufacturing.
The company's product portfolio encompasses single-wafer and multi-wafer cluster tools designed to deliver high throughput, accuracy and uniformity for semiconductor process steps.
See Also
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