Axcelis Technologies, Inc. $ACLS Shares Acquired by Reinhart Partners LLC.

Reinhart Partners LLC. grew its holdings in Axcelis Technologies, Inc. (NASDAQ:ACLS) by 14.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 1,060,636 shares of the semiconductor company’s stock after buying an additional 131,976 shares during the quarter. Axcelis Technologies makes up 3.4% of Reinhart Partners LLC.’s holdings, making the stock its 10th biggest holding. Reinhart Partners LLC.’s holdings in Axcelis Technologies were worth $139,134,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. GAMMA Investing LLC grew its stake in Axcelis Technologies by 5.7% during the 3rd quarter. GAMMA Investing LLC now owns 3,051 shares of the semiconductor company’s stock valued at $400,000 after acquiring an additional 164 shares in the last quarter. Central Pacific Bank Trust Division lifted its stake in Axcelis Technologies by 47.9% in the 3rd quarter. Central Pacific Bank Trust Division now owns 5,567 shares of the semiconductor company’s stock worth $730,000 after purchasing an additional 1,802 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Axcelis Technologies by 25.9% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 598 shares of the semiconductor company’s stock worth $78,000 after purchasing an additional 123 shares during the last quarter. Cim Investment Management Inc. acquired a new position in shares of Axcelis Technologies during the 2nd quarter worth approximately $301,000. Finally, QRG Capital Management Inc. grew its position in shares of Axcelis Technologies by 6.9% in the second quarter. QRG Capital Management Inc. now owns 10,254 shares of the semiconductor company’s stock valued at $1,942,000 after purchasing an additional 658 shares in the last quarter. 89.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ACLS has been the topic of a number of analyst reports. Craig Hallum downgraded Axcelis Technologies from a “buy” rating to a “hold” rating and set a $140.00 price objective on the stock. in a research report on Friday, August 7th. Weiss Ratings restated a “hold (c-)” rating on shares of Axcelis Technologies in a report on Friday, August 7th. Finally, Bank of America raised their target price on Axcelis Technologies from $130.00 to $156.00 and gave the stock an “underperform” rating in a research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Axcelis Technologies currently has an average rating of “Hold” and a consensus target price of $148.67.

Axcelis Technologies Stock Performance

NASDAQ:ACLS opened at $134.71 on Friday. The company’s 50-day moving average is $125.08 and its two-hundred day moving average is $135.93. Axcelis Technologies, Inc. has a 1-year low of $73.60 and a 1-year high of $193.78. The company has a debt-to-equity ratio of 0.04, a current ratio of 4.90 and a quick ratio of 3.21. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of 45.20, a PEG ratio of 4.08 and a beta of 1.86.

Axcelis Technologies (NASDAQ:ACLS) last announced its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.17. The business had revenue of $215.18 million during the quarter, compared to the consensus estimate of $205.03 million. Axcelis Technologies had a net margin of 10.71% and a return on equity of 11.69%. The business’s revenue was up 10.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.13 EPS. Axcelis Technologies has set its Q3 2026 guidance at 1.110-1.110 EPS. Analysts forecast that Axcelis Technologies, Inc. will post 3.39 EPS for the current year.

Axcelis Technologies Company Profile

Axcelis Technologies, Inc (NASDAQ: ACLS) develops and manufactures equipment used in semiconductor fabrication. The company’s primary business is ion implantation, a process that modifies the electrical properties of silicon and other semiconductor materials by introducing controlled amounts of dopants. Its systems are used by chip manufacturers to produce a range of semiconductor devices.

Axcelis offers the Purion family of ion implantation systems, including platforms designed for high-current, medium-current and high-energy applications.