Vanguard Group Inc. Has $219.35 Million Stock Position in Veeco Instruments Inc. $VECO

Vanguard Group Inc. raised its position in Veeco Instruments Inc. (NASDAQ:VECO) by 0.1% in the 4th quarter, HoldingsChannel reports. The fund owned 7,674,779 shares of the semiconductor company’s stock after purchasing an additional 11,469 shares during the period. Vanguard Group Inc. owned approximately 0.13% of Veeco Instruments worth $219,345,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Wasatch Advisors LP raised its stake in shares of Veeco Instruments by 4.9% in the 2nd quarter. Wasatch Advisors LP now owns 3,396,804 shares of the semiconductor company’s stock valued at $69,023,000 after buying an additional 157,978 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Veeco Instruments by 9.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,215,031 shares of the semiconductor company’s stock valued at $65,329,000 after buying an additional 284,716 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Veeco Instruments by 1.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,481,803 shares of the semiconductor company’s stock valued at $75,521,000 after buying an additional 26,248 shares in the last quarter. Paradigm Capital Management Inc. NY raised its stake in shares of Veeco Instruments by 1.3% in the 2nd quarter. Paradigm Capital Management Inc. NY now owns 2,410,000 shares of the semiconductor company’s stock valued at $48,971,000 after buying an additional 30,000 shares in the last quarter. Finally, Fisher Asset Management LLC raised its stake in shares of Veeco Instruments by 32.6% in the 3rd quarter. Fisher Asset Management LLC now owns 1,324,590 shares of the semiconductor company’s stock valued at $40,307,000 after buying an additional 325,357 shares in the last quarter. Institutional investors and hedge funds own 98.46% of the company’s stock.

Veeco Instruments Trading Up 2.9%

VECO opened at $59.42 on Friday. The company has a current ratio of 4.23, a quick ratio of 3.20 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $3.63 billion, a PE ratio of 156.37 and a beta of 1.36. Veeco Instruments Inc. has a 1-year low of $18.85 and a 1-year high of $65.43. The firm has a 50-day moving average price of $38.26 and a two-hundred day moving average price of $33.22.

Veeco Instruments (NASDAQ:VECO) last released its earnings results on Tuesday, May 5th. The semiconductor company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.06). The firm had revenue of $158.34 million during the quarter, compared to analyst estimates of $160.07 million. Veeco Instruments had a net margin of 3.53% and a return on equity of 3.49%. The firm’s quarterly revenue was down 5.4% on a year-over-year basis. During the same period last year, the business posted $0.37 earnings per share. Veeco Instruments has set its Q2 2026 guidance at 0.200-0.320 EPS and its FY 2026 guidance at 1.500-1.850 EPS. As a group, equities analysts anticipate that Veeco Instruments Inc. will post 1.04 earnings per share for the current fiscal year.

Insider Activity at Veeco Instruments

In other news, CEO William John Miller sold 50,000 shares of Veeco Instruments stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $31.62, for a total transaction of $1,581,000.00. Following the completion of the sale, the chief executive officer owned 414,543 shares in the company, valued at $13,107,849.66. The trade was a 10.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.70% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Citigroup increased their target price on Veeco Instruments from $40.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday. Needham & Company LLC reissued a “hold” rating on shares of Veeco Instruments in a report on Thursday, February 26th. Zacks Research cut Veeco Instruments from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Weiss Ratings cut Veeco Instruments from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $37.00.

About Veeco Instruments

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.