Voya Investment Management LLC Raises Holdings in Axcelis Technologies, Inc. $ACLS

Key Points

• Voya Investment Management LLC increased its stake in Axcelis Technologies by 31.8%, holding 27,384 shares valued at approximately $1.36 million after purchasing an additional 6,610 shares in Q1.
• Multiple large investors also raised their stakes significantly, with BlackBarn Capital Partners LP increasing its stake by 758% and Walleye Capital LLC by an astonishing 12,799.9%.
• Axcelis Technologies reported Q2 earnings of $1.13 per share, exceeding estimates by $0.40, despite experiencing a 24.2% decline in revenue year-over-year.

Voya Investment Management LLC grew its position in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS - Free Report) by 31.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,384 shares of the semiconductor company's stock after buying an additional 6,610 shares during the period. Voya Investment Management LLC owned 0.09% of Axcelis Technologies worth $1,360,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in ACLS. BlackBarn Capital Partners LP boosted its stake in Axcelis Technologies by 758.0% in the 1st quarter. BlackBarn Capital Partners LP now owns 480,441 shares of the semiconductor company's stock worth $23,864,000 after purchasing an additional 424,444 shares during the period. Reinhart Partners LLC. boosted its stake in Axcelis Technologies by 39.1% in the 1st quarter. Reinhart Partners LLC. now owns 1,441,022 shares of the semiconductor company's stock worth $71,576,000 after purchasing an additional 404,910 shares during the period. Mizuho Markets Americas LLC bought a new position in Axcelis Technologies in the 1st quarter worth about $5,929,000. Walleye Capital LLC boosted its stake in Axcelis Technologies by 12,799.9% in the 1st quarter. Walleye Capital LLC now owns 94,169 shares of the semiconductor company's stock worth $4,677,000 after purchasing an additional 93,439 shares during the period. Finally, Nuveen LLC bought a new position in Axcelis Technologies in the 1st quarter worth about $4,447,000. Institutional investors own 89.98% of the company's stock.

Axcelis Technologies Price Performance

Shares of ACLS stock opened at $100.44 on Tuesday. The firm has a market cap of $3.16 billion, a P/E ratio of 20.54 and a beta of 1.73. Axcelis Technologies, Inc. has a fifty-two week low of $40.40 and a fifty-two week high of $110.17. The business's 50 day moving average price is $79.81 and its 200-day moving average price is $65.89. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.26 and a current ratio of 6.01.

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

Analyst Ratings Changes

Several brokerages have commented on ACLS. B. Riley raised their target price on Axcelis Technologies from $58.00 to $75.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 18th. DA Davidson raised their price target on Axcelis Technologies from $75.00 to $90.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Axcelis Technologies currently has an average rating of "Hold" and an average price target of $90.00.

Axcelis Technologies Company 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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