Veeco Instruments Inc. $VECO is Riverwater Partners LLC’s 7th Largest Position

Riverwater Partners LLC lifted its stake in shares of Veeco Instruments Inc. (NASDAQ:VECO) by 10.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 149,953 shares of the semiconductor company’s stock after purchasing an additional 13,653 shares during the period. Veeco Instruments accounts for 1.7% of Riverwater Partners LLC’s investment portfolio, making the stock its 7th biggest holding. Riverwater Partners LLC owned approximately 0.25% of Veeco Instruments worth $4,323,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. American Century Companies Inc. lifted its holdings in Veeco Instruments by 920.1% during the third quarter. American Century Companies Inc. now owns 676,502 shares of the semiconductor company’s stock valued at $20,586,000 after purchasing an additional 610,187 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of Veeco Instruments by 37.4% in the fourth quarter. Fisher Asset Management LLC now owns 1,820,357 shares of the semiconductor company’s stock worth $52,026,000 after purchasing an additional 495,767 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Veeco Instruments by 182.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 582,627 shares of the semiconductor company’s stock worth $16,651,000 after purchasing an additional 376,553 shares in the last quarter. Segall Bryant & Hamill LLC increased its stake in shares of Veeco Instruments by 152.3% in the third quarter. Segall Bryant & Hamill LLC now owns 573,764 shares of the semiconductor company’s stock worth $17,460,000 after purchasing an additional 346,340 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Veeco Instruments by 9.7% in the second quarter. The Manufacturers Life Insurance Company now owns 3,215,031 shares of the semiconductor company’s stock worth $65,329,000 after purchasing an additional 284,716 shares in the last quarter. Hedge funds and other institutional investors own 98.46% of the company’s stock.

Insider Transactions at Veeco Instruments

In other news, Director Gordon Hunter sold 16,974 shares of the stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $68.80, for a total value of $1,167,811.20. Following the sale, the director directly owned 11,236 shares of the company’s stock, valued at approximately $773,036.80. This represents a 60.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Susan Wilkerson sold 35,723 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $61.69, for a total transaction of $2,203,751.87. Following the completion of the sale, the senior vice president directly owned 42,974 shares in the company, valued at approximately $2,651,066.06. The trade was a 45.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 323,549 shares of company stock valued at $19,626,673. Company insiders own 2.70% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Barclays lifted their target price on shares of Veeco Instruments from $30.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 19th. Weiss Ratings downgraded shares of Veeco Instruments from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 6th. Zacks Research upgraded shares of Veeco Instruments from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 26th. Citigroup lifted their target price on shares of Veeco Instruments from $40.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen upgraded shares of Veeco Instruments to a “hold” rating in a research note on Saturday, June 6th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Veeco Instruments currently has a consensus rating of “Hold” and an average price target of $40.60.

Veeco Instruments Trading Up 8.5%

Shares of Veeco Instruments stock opened at $71.55 on Friday. Veeco Instruments Inc. has a 12-month low of $19.29 and a 12-month high of $73.03. The company has a market cap of $4.37 billion, a price-to-earnings ratio of 188.29 and a beta of 1.39. The company has a current ratio of 4.23, a quick ratio of 2.86 and a debt-to-equity ratio of 0.26. The company’s 50-day moving average price is $52.44 and its 200-day moving average price is $38.74.

Veeco Instruments (NASDAQ:VECO) last announced its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.06). Veeco Instruments had a return on equity of 3.49% and a net margin of 3.53%.The firm had revenue of $158.34 million during the quarter, compared to analysts’ expectations of $160.07 million. During the same period in the previous year, the company posted $0.37 earnings per share. The company’s quarterly revenue was down 5.4% compared to the same quarter last year. 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. On average, equities analysts expect that Veeco Instruments Inc. will post 1.1 earnings per share for the current fiscal year.

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.