Kayne Anderson Capital Advisors LP Reduces Stock Holdings in First Solar, Inc. $FSLR

Kayne Anderson Capital Advisors LP reduced its position in shares of First Solar, Inc. (NASDAQ:FSLR) by 56.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 19,612 shares of the solar cell manufacturer’s stock after selling 25,419 shares during the quarter. Kayne Anderson Capital Advisors LP’s holdings in First Solar were worth $4,325,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of FSLR. Strategic Wealth Investment Group LLC purchased a new stake in shares of First Solar in the 2nd quarter valued at approximately $26,000. Hantz Financial Services Inc. lifted its holdings in First Solar by 69.4% in the second quarter. Hantz Financial Services Inc. now owns 183 shares of the solar cell manufacturer’s stock valued at $30,000 after acquiring an additional 75 shares during the last quarter. Total Investment Management Inc. purchased a new position in First Solar in the second quarter worth approximately $36,000. CYBER HORNET ETFs LLC purchased a new position in First Solar in the second quarter worth approximately $47,000. Finally, NBT Bank N A NY increased its stake in First Solar by 550.0% during the third quarter. NBT Bank N A NY now owns 221 shares of the solar cell manufacturer’s stock worth $49,000 after acquiring an additional 187 shares during the last quarter. 92.08% of the stock is owned by hedge funds and other institutional investors.

More First Solar News

Here are the key news stories impacting First Solar this week:

• Positive Sentiment: Q4 revenue beat — First Solar reported Q4 revenue of $1.68B, above consensus (~$1.59B), signaling continued topline strength in deployments and module sales. First Solar: Q4 Earnings Snapshot
• Positive Sentiment: Patent licensing with Oxford PV — First Solar announced a U.S. patent licensing agreement giving it access to Oxford PV’s issued and pending patents, which could strengthen its technology portfolio and product roadmap. First Solar, Oxford PV Enter into Patent Licensing Agreement for US Markets
• Positive Sentiment: Analyst price-target lift — Needham raised its price target on FSLR to $303 and maintained a Buy, indicating some analysts still see upside after the company’s strong multi‑year positioning. Needham Adjusts Price Target on First Solar
• Neutral Sentiment: Economic impact / U.S. footprint — First Solar released a study projecting significant U.S. job support and GDP contribution by 2027, reinforcing its domestic scale and potential policy alignment (longer‑term supportive but not an immediate stock catalyst). First Solar Projected to Support Nearly 40,000 American Jobs
• Negative Sentiment: Weak 2026 revenue guidance and EPS miss — Management issued FY2026 net‑sales/revenue guidance roughly $4.9B–$5.2B (midpoint well below consensus ≈ $6.2B) and reported Q4 GAAP EPS of $4.84 (below the ~$5.22 consensus). The guidance miss — not the quarter’s revenue beat — is the primary driver of the sharp selloff after the print. First Solar stock tumbles over 10% on weak 2026 revenue guidance following Q4 earnings miss
• Negative Sentiment: Tariff/trade developments add uncertainty — The U.S. Commerce Department announced preliminary countervailing duties on solar imports from India, Indonesia and Laos. First Solar indicated tariffs and the resulting higher prices could weigh on demand and pressured its FY26 sales outlook; trade news is a mixed catalyst (policy protection for U.S. manufacturers but potential near‑term demand headwinds). US sets preliminary duties on solar imports from India, Indonesia and Laos

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on FSLR. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $300.00 price target on shares of First Solar in a report on Wednesday, January 7th. UBS Group increased their target price on shares of First Solar from $275.00 to $330.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Susquehanna lifted their price target on shares of First Solar from $285.00 to $292.00 and gave the company a “positive” rating in a research report on Wednesday, January 21st. DZ Bank lowered shares of First Solar from a “strong-buy” rating to a “hold” rating in a report on Friday, October 31st. Finally, BMO Capital Markets set a $263.00 price objective on shares of First Solar in a research report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $276.24.

First Solar Stock Performance

NASDAQ:FSLR opened at $243.21 on Wednesday. The company has a fifty day simple moving average of $245.45 and a two-hundred day simple moving average of $236.31. The company has a market cap of $26.10 billion, a price-to-earnings ratio of 18.68, a price-to-earnings-growth ratio of 0.31 and a beta of 1.60. The company has a quick ratio of 1.55, a current ratio of 1.91 and a debt-to-equity ratio of 0.03. First Solar, Inc. has a 52 week low of $116.56 and a 52 week high of $285.99.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings data on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.22 by ($0.38). First Solar had a net margin of 27.73% and a return on equity of 16.61%. The company had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same quarter in the previous year, the business posted $3.65 earnings per share. The firm’s revenue was up 11.1% on a year-over-year basis. As a group, equities analysts anticipate that First Solar, Inc. will post 13.05 earnings per share for the current fiscal year.

First Solar Profile

First Solar, Inc (NASDAQ: FSLR) is a United States–based solar technology company best known for designing and manufacturing thin‑film photovoltaic (PV) modules that use cadmium telluride (CdTe) semiconductor technology. The company supplies PV modules and delivers integrated solar power solutions for utility‑scale projects, positioning itself as a provider of both components and complete solar energy systems rather than solely a parts supplier. First Solar was founded in 1999 and is headquartered in Tempe, Arizona.

Beyond module manufacturing, First Solar offers a range of project services including development support, engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) for large-scale solar installations.