Energy Income Partners LLC Buys New Shares in First Solar, Inc. $FSLR

Energy Income Partners LLC bought a new position in First Solar, Inc. (NASDAQ:FSLR - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 10,429 shares of the solar cell manufacturer's stock, valued at approximately $2,461,000.

Several other large investors have also added to or reduced their stakes in the company. Root Financial Partners LLC increased its holdings in shares of First Solar by 18.2% in the fourth quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer's stock valued at $76,000 after purchasing an additional 45 shares during the period. Fiduciary Financial Group LLC raised its position in First Solar by 2.3% during the second quarter. Fiduciary Financial Group LLC now owns 2,026 shares of the solar cell manufacturer's stock valued at $478,000 after acquiring an additional 45 shares in the last quarter. FIL Ltd lifted its holdings in First Solar by 6.9% in the fourth quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer's stock valued at $185,000 after acquiring an additional 46 shares during the period. Fielder Capital Group LLC lifted its holdings in First Solar by 4.1% in the fourth quarter. Fielder Capital Group LLC now owns 1,196 shares of the solar cell manufacturer's stock valued at $312,000 after acquiring an additional 47 shares during the period. Finally, Burford Brothers Inc. boosted its position in First Solar by 0.3% in the 4th quarter. Burford Brothers Inc. now owns 19,080 shares of the solar cell manufacturer's stock worth $4,984,000 after purchasing an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 92.08% of the company's stock.

Trending Headlines about First Solar

Here are the key news stories impacting First Solar this week:

• Positive Sentiment: First Solar was highlighted among the stronger second-quarter renewable-energy performers. The company’s latest results included adjusted EPS of $3.92, well above the $2.90 consensus estimate, while its contracted backlog remains substantial. Q2 Earnings Outperformers: First Solar and the Rest of the Renewable Energy Stocks
• Positive Sentiment: Zacks identified FSLR as a strong momentum stock, which may support investor interest following its earnings outperformance and relatively attractive valuation metrics. Why First Solar Is a Strong Momentum Stock
• Neutral Sentiment: Analyst and industry coverage continues to focus on strong solar demand, but changing U.S. policies, tariffs and import rules could affect pricing, customer decisions and First Solar’s 2026 earnings outlook. Solar Stocks to Watch as Policy Shifts Reshape the Industry
• Neutral Sentiment: Institutional positioning was mixed: several large investors added FSLR shares in the second quarter, while others reduced holdings. Separately, unusually heavy put-option activity suggests increased hedging or bearish speculation, but does not establish the market’s future direction.
• Negative Sentiment: First Solar faces a securities class-action lawsuit filed in federal court. The complaint alleges that the company and certain executives made misleading statements regarding tariffs and production utilization during the February 26, 2025–February 24, 2026 class period. Multiple law firms are publicizing an August 24 lead-plaintiff deadline. The allegations have not been proven, but the litigation adds reputational, financial and sentiment risk. Pomerantz Announces First Solar Class Action
• Neutral Sentiment: An executive sold a small number of shares to cover tax withholding obligations related to vested equity awards. Because the sale was designated for taxes and represented only 127 shares, it is unlikely to be a major fundamental signal.

Analyst Ratings Changes

Several equities analysts recently weighed in on FSLR shares. Robert W. Baird set a $318.00 price target on First Solar and gave the company an "outperform" rating in a research note on Tuesday, August 11th. Susquehanna boosted their price target on shares of First Solar from $250.00 to $270.00 and gave the stock a "positive" rating in a research report on Friday, July 10th. Wells Fargo & Company increased their price objective on shares of First Solar from $300.00 to $313.00 and gave the company an "overweight" rating in a report on Friday, August 7th. Jefferies Financial Group set a $196.00 target price on shares of First Solar in a research note on Monday, August 3rd. Finally, Roth Capital reaffirmed a "buy" rating and issued a $300.00 price target on shares of First Solar in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $264.44.

First Solar Trading Up 1.0%

Shares of NASDAQ:FSLR opened at $220.01 on Wednesday. The business has a 50-day moving average price of $231.60 and a 200 day moving average price of $224.42. The company has a market capitalization of $23.64 billion, a price-to-earnings ratio of 13.56, a PEG ratio of 0.49 and a beta of 1.76. First Solar, Inc. has a 12-month low of $182.99 and a 12-month high of $320.95.

First Solar (NASDAQ:FSLR - Get Free Report) last posted its earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 EPS for the quarter, beating analysts' consensus estimates of $2.90 by $1.02. The company had revenue of $1.06 billion for the quarter, compared to analysts' expectations of $1.06 billion. First Solar had a net margin of 32.47% and a return on equity of 18.02%. First Solar's revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.18 earnings per share. As a group, equities research analysts predict that First Solar, Inc. will post 17.75 earnings per share for the current fiscal year.

Insider Transactions at First Solar

In other First Solar news, insider Michael Koralewski sold 7,000 shares of the business's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $221.51, for a total value of $1,550,570.00. Following the sale, the insider owned 7,642 shares of the company's stock, valued at $1,692,779.42. The trade was a 47.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark R. Widmar sold 4,815 shares of the firm's stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $247.43, for a total value of $1,191,375.45. Following the transaction, the chief executive officer owned 89,033 shares of the company's stock, valued at approximately $22,029,435.19. This represents a 5.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 31,106 shares of company stock worth $7,723,039. 0.39% of the stock is owned by company insiders.

First Solar Profile

First Solar, Inc NASDAQ: FSLR is a United States–based solar technology company best known for designing and manufacturing thin‑film photovoltaic (PV) modules that use cadmium telluride (CdTe) semiconductor technology. The company supplies PV modules and delivers integrated solar power solutions for utility‑scale projects, positioning itself as a provider of both components and complete solar energy systems rather than solely a parts supplier. First Solar was founded in 1999 and is headquartered in Tempe, Arizona.

Beyond module manufacturing, First Solar offers a range of project services including development support, engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) for large-scale solar installations.

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