Public Employees Retirement System of Ohio Grows Stock Holdings in SolarEdge Technologies, Inc. $SEDG

Public Employees Retirement System of Ohio lifted its stake in shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) by 21.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,868 shares of the semiconductor company’s stock after buying an additional 508 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in SolarEdge Technologies were worth $59,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Edmond DE Rothschild Holding S.A. increased its position in shares of SolarEdge Technologies by 60.0% during the first quarter. Edmond DE Rothschild Holding S.A. now owns 1,600 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 600 shares during the period. Fifth Third Bancorp increased its position in shares of SolarEdge Technologies by 93.7% during the first quarter. Fifth Third Bancorp now owns 1,633 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 790 shares during the period. Banque Cantonale Vaudoise purchased a new position in shares of SolarEdge Technologies during the first quarter valued at about $35,000. US Bancorp DE increased its position in shares of SolarEdge Technologies by 25.2% during the first quarter. US Bancorp DE now owns 4,560 shares of the semiconductor company’s stock valued at $74,000 after buying an additional 918 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in shares of SolarEdge Technologies by 32.4% during the first quarter. PNC Financial Services Group Inc. now owns 7,851 shares of the semiconductor company’s stock valued at $127,000 after buying an additional 1,921 shares during the period. Hedge funds and other institutional investors own 95.10% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. KeyCorp upgraded shares of SolarEdge Technologies from an “underweight” rating to a “sector weight” rating in a research report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of SolarEdge Technologies from $19.00 to $28.00 and gave the company a “hold” rating in a research report on Wednesday, October 1st. Guggenheim upped their price objective on shares of SolarEdge Technologies from $5.00 to $7.00 and gave the stock a “sell” rating in a report on Monday, August 25th. Mizuho upped their price objective on shares of SolarEdge Technologies from $18.00 to $29.00 and gave the stock a “neutral” rating in a report on Monday, July 14th. Finally, Glj Research cut shares of SolarEdge Technologies from a “hold” rating to a “strong sell” rating and set a $6.90 price objective on the stock. in a report on Tuesday, June 17th. Eighteen investment analysts have rated the stock with a Hold rating and eleven have issued a Sell rating to the company. According to MarketBeat, SolarEdge Technologies has an average rating of “Reduce” and an average target price of $18.92.

SolarEdge Technologies Trading Down 4.2%

Shares of NASDAQ SEDG opened at $35.55 on Wednesday. The firm’s 50 day moving average price is $31.92 and its 200-day moving average price is $23.30. The company has a market cap of $2.11 billion, a PE ratio of -1.19 and a beta of 1.58. SolarEdge Technologies, Inc. has a 52-week low of $10.24 and a 52-week high of $40.50. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.42 and a current ratio of 1.94.

SolarEdge Technologies (NASDAQ:SEDG) last issued its earnings results on Thursday, August 7th. The semiconductor company reported ($0.81) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.81). The firm had revenue of $289.43 million for the quarter, compared to the consensus estimate of $270.03 million. SolarEdge Technologies had a negative net margin of 177.64% and a negative return on equity of 191.53%. The business’s revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($1.79) earnings per share. SolarEdge Technologies has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that SolarEdge Technologies, Inc. will post -4.54 EPS for the current fiscal year.

SolarEdge Technologies Company Profile

SolarEdge Technologies, Inc, together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.