Axcelis Technologies, Inc. $ACLS Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its stake in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 4.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 386,007 shares of the semiconductor company’s stock after purchasing an additional 16,071 shares during the period. Charles Schwab Investment Management Inc. owned 1.20% of Axcelis Technologies worth $19,173,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in ACLS. Reinhart Partners LLC. lifted its holdings in shares of 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 last quarter. Voloridge Investment Management LLC lifted its holdings in shares of Axcelis Technologies by 428.5% in the 4th quarter. Voloridge Investment Management LLC now owns 222,663 shares of the semiconductor company’s stock worth $15,557,000 after purchasing an additional 180,531 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Axcelis Technologies by 148.7% in the 4th quarter. Millennium Management LLC now owns 290,270 shares of the semiconductor company’s stock worth $20,281,000 after purchasing an additional 173,574 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Axcelis Technologies by 104.4% in the 4th quarter. Bank of America Corp DE now owns 285,284 shares of the semiconductor company’s stock worth $19,933,000 after purchasing an additional 145,701 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Axcelis Technologies by 305.4% in the 4th quarter. BNP Paribas Financial Markets now owns 116,290 shares of the semiconductor company’s stock worth $8,125,000 after purchasing an additional 87,602 shares during the last quarter. Institutional investors own 89.98% of the company’s stock.

Axcelis Technologies Stock Up 3.5%

Shares of Axcelis Technologies stock opened at $81.29 on Friday. The business’s fifty day moving average price is $73.83 and its two-hundred day moving average price is $62.37. The company has a debt-to-equity ratio of 0.04, a current ratio of 6.01 and a quick ratio of 4.26. The company has a market capitalization of $2.55 billion, a P/E ratio of 16.62 and a beta of 1.58. Axcelis Technologies, Inc. has a 1-year low of $40.40 and a 1-year high of $115.37.

Axcelis Technologies (NASDAQ:ACLS) last announced its earnings results on Tuesday, August 5th. The semiconductor company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.40. The firm 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%.The firm’s revenue for the quarter was down 24.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.55 EPS. Axcelis Technologies has set its Q3 2025 guidance at 1.000-1.000 EPS. As a group, research analysts forecast that Axcelis Technologies, Inc. will post 2.55 EPS for the current year.

Analyst Upgrades and Downgrades

ACLS has been the topic of several recent research reports. B. Riley raised their price target on Axcelis Technologies from $58.00 to $75.00 and gave the stock a “neutral” rating in a report on Wednesday, June 18th. DA Davidson raised their price target on Axcelis Technologies from $75.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Axcelis Technologies presently has a consensus rating of “Hold” and a consensus target price of $90.00.

About Axcelis Technologies

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.