Veeco Instruments Inc. $VECO Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. decreased its stake in Veeco Instruments Inc. (NASDAQ:VECO) by 19.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 856,317 shares of the semiconductor company’s stock after selling 212,633 shares during the quarter. Federated Hermes Inc. owned approximately 1.42% of Veeco Instruments worth $26,058,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. CWM LLC boosted its stake in shares of Veeco Instruments by 7.6% in the third quarter. CWM LLC now owns 4,985 shares of the semiconductor company’s stock valued at $152,000 after purchasing an additional 353 shares during the period. Amalgamated Bank lifted its holdings in Veeco Instruments by 3.2% during the 2nd quarter. Amalgamated Bank now owns 16,926 shares of the semiconductor company’s stock worth $344,000 after buying an additional 531 shares in the last quarter. Maryland State Retirement & Pension System boosted its position in Veeco Instruments by 3.3% in the 2nd quarter. Maryland State Retirement & Pension System now owns 17,614 shares of the semiconductor company’s stock valued at $358,000 after buying an additional 569 shares during the period. Russell Investments Group Ltd. grew its stake in shares of Veeco Instruments by 9.9% in the second quarter. Russell Investments Group Ltd. now owns 6,421 shares of the semiconductor company’s stock worth $130,000 after acquiring an additional 580 shares in the last quarter. Finally, Harbor Capital Advisors Inc. increased its position in shares of Veeco Instruments by 5.3% during the third quarter. Harbor Capital Advisors Inc. now owns 14,478 shares of the semiconductor company’s stock worth $441,000 after acquiring an additional 724 shares during the period. Institutional investors and hedge funds own 98.46% of the company’s stock.

Veeco Instruments Stock Down 4.6%

Shares of NASDAQ:VECO opened at $31.23 on Friday. The firm has a 50 day simple moving average of $31.05 and a 200-day simple moving average of $27.98. Veeco Instruments Inc. has a twelve month low of $16.92 and a twelve month high of $35.77. The company has a current ratio of 5.36, a quick ratio of 3.62 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $1.88 billion, a PE ratio of 37.63 and a beta of 1.17.

Veeco Instruments (NASDAQ:VECO) last announced its quarterly earnings results on Wednesday, November 5th. The semiconductor company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.08. The firm had revenue of $165.88 million during the quarter, compared to analysts’ expectations of $160.49 million. Veeco Instruments had a net margin of 7.23% and a return on equity of 6.35%. Veeco Instruments’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.46 earnings per share. Veeco Instruments has set its Q4 2025 guidance at 0.160-0.320 EPS. On average, equities analysts predict that Veeco Instruments Inc. will post 0.76 EPS for the current fiscal year.

Insider Activity at Veeco Instruments

In related news, CEO William John Miller sold 25,000 shares of the company’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $32.00, for a total value of $800,000.00. Following the completion of the sale, the chief executive officer owned 464,543 shares in the company, valued at $14,865,376. This represents a 5.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.40% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Northland Securities cut Veeco Instruments from an “outperform” rating to a “market perform” rating and set a $30.00 target price for the company. in a research note on Tuesday, October 7th. Needham & Company LLC downgraded Veeco Instruments from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Citigroup raised their target price on shares of Veeco Instruments from $29.00 to $36.00 and gave the company a “buy” rating in a report on Wednesday, November 12th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Veeco Instruments in a report on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $28.57.

Veeco Instruments Profile

Veeco Instruments Inc (NASDAQ: VECO) is a leading supplier of process equipment for the semiconductor, data storage, wireless communications, power electronics and advanced packaging industries. The company designs, manufactures and services precision tools used to grow, deposit and etch thin films on substrates, enabling the fabrication of chips, light-emitting diodes (LEDs), micro-electromechanical systems (MEMS) and high-density storage devices. Veeco’s platforms are deployed across fabrication facilities worldwide, where they support key processes in materials science and device manufacturing.

Veeco’s product portfolio spans molecular beam epitaxy (MBE), metal organic chemical vapor deposition (MOCVD), atomic layer deposition (ALD), ion beam etch and deposition, and high-precision wet and dry etch systems.