Ruffer LLP Makes New Investment in Axcelis Technologies, Inc. $ACLS

Key Points

• Ruffer LLP acquired a new stake in Axcelis Technologies, purchasing 24,731 shares valued at approximately $1,724,000, indicating growing institutional interest in the semiconductor company.
• Axcelis Technologies reported $1.13 earnings per share for its latest quarter, surpassing analyst expectations while still showing a year-over-year revenue decline of 24.2%.
• Analysts have mixed ratings for Axcelis, with a consensus price target of $90.00 and recent upgrades from firms like DA Davidson reflecting a cautious optimism for the stock's future performance.

Ruffer LLP purchased a new stake in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 24,731 shares of the semiconductor company's stock, valued at approximately $1,724,000. Ruffer LLP owned approximately 0.08% of Axcelis Technologies at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ACLS. QSM Asset Management Ltd purchased a new position in Axcelis Technologies in the second quarter worth approximately $4,222,000. GAMMA Investing LLC increased its stake in shares of Axcelis Technologies by 75.9% during the 2nd quarter. GAMMA Investing LLC now owns 2,772 shares of the semiconductor company's stock worth $193,000 after purchasing an additional 1,196 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in Axcelis Technologies during the 2nd quarter valued at about $336,000. Reinhart Partners LLC. lifted its position in shares of Axcelis Technologies by 5.4% in the second quarter. Reinhart Partners LLC. now owns 1,518,544 shares of the semiconductor company's stock worth $105,828,000 after purchasing an additional 77,522 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its stake in shares of Axcelis Technologies by 50.3% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 481 shares of the semiconductor company's stock valued at $34,000 after acquiring an additional 161 shares in the last quarter. 89.98% of the stock is currently owned by hedge funds and other institutional investors.

Axcelis Technologies Stock Down 1.3%

Axcelis Technologies stock opened at $97.16 on Thursday. The firm has a market cap of $3.05 billion, a price-to-earnings ratio of 19.87 and a beta of 1.73. Axcelis Technologies, Inc. has a 52 week low of $40.40 and a 52 week high of $110.17. The business's 50-day moving average price is $80.86 and its 200 day moving average price is $66.33. The company has a quick ratio of 4.26, a current ratio of 6.01 and a debt-to-equity ratio of 0.04.

Axcelis Technologies (NASDAQ:ACLS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The semiconductor company reported $1.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.73 by $0.40. The company had revenue of $194.54 million for the quarter, compared to the consensus estimate of $185.15 million. Axcelis Technologies had a return on equity of 16.26% and a net margin of 17.69%.Axcelis Technologies's revenue for the quarter was down 24.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.55 earnings per share. Axcelis Technologies has set its Q3 2025 guidance at 1.000-1.000 EPS. As a group, sell-side analysts anticipate that Axcelis Technologies, Inc. will post 2.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on ACLS shares. B. Riley upped their price target on Axcelis Technologies from $58.00 to $75.00 and gave the company a "neutral" rating in a research report on Wednesday, June 18th. DA Davidson upped their target price on Axcelis Technologies from $75.00 to $90.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $90.00.

Axcelis Technologies Profile

Axcelis Technologies, Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia Pacific. The company offers high energy, high current, and medium current implanters for various application requirements.

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