Dimensional Fund Advisors LP Raises Holdings in Veeco Instruments Inc. $VECO

Dimensional Fund Advisors LP increased its stake in shares of Veeco Instruments Inc. (NASDAQ:VECO) by 3.0% during the 1st quarter, Holdings Channel reports. The fund owned 2,374,292 shares of the semiconductor company’s stock after purchasing an additional 68,780 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Veeco Instruments were worth $80,391,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC lifted its holdings in Veeco Instruments by 75.6% in the second quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock valued at $49,000 after acquiring an additional 1,019 shares during the period. Rockefeller Capital Management L.P. grew its stake in shares of Veeco Instruments by 125.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,461 shares of the semiconductor company’s stock worth $70,000 after purchasing an additional 1,370 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Veeco Instruments during the 4th quarter worth approximately $77,000. Johnson Financial Group Inc. purchased a new position in shares of Veeco Instruments during the 3rd quarter valued at approximately $91,000. Finally, Global Retirement Partners LLC increased its holdings in shares of Veeco Instruments by 16,961.9% during the 4th quarter. Global Retirement Partners LLC now owns 3,583 shares of the semiconductor company’s stock valued at $102,000 after purchasing an additional 3,562 shares in the last quarter. 98.46% of the stock is currently owned by hedge funds and other institutional investors.

Veeco Instruments Trading Up 12.5%

Shares of VECO stock opened at $48.37 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 4.23 and a quick ratio of 2.86. The company has a market cap of $2.95 billion, a price-to-earnings ratio of 127.29 and a beta of 1.34. The stock has a 50 day simple moving average of $62.06 and a 200-day simple moving average of $46.60. Veeco Instruments Inc. has a 1-year low of $19.29 and a 1-year high of $86.63.

Veeco Instruments (NASDAQ:VECO) last announced its 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 net margin of 3.53% and a return on equity of 3.49%. The business had revenue of $158.34 million for the quarter, compared to analysts’ expectations of $160.07 million. During the same quarter last year, the business earned $0.37 EPS. The company’s quarterly revenue was down 5.4% on a year-over-year basis. 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 research analysts expect that Veeco Instruments Inc. will post 1.1 EPS for the current fiscal year.

Insider Activity at Veeco Instruments

In other news, Director Richard A. Damore sold 43,701 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $60.71, for a total transaction of $2,653,087.71. Following the completion of the sale, the director owned 112,594 shares of the company’s stock, valued at $6,835,581.74. The trade was a 27.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Gordon Hunter sold 29,532 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $59.41, for a total transaction of $1,754,496.12. Following the sale, the director directly owned 52,676 shares of the company’s stock, valued at $3,129,481.16. This represents a 35.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 339,055 shares of company stock valued at $20,705,270 in the last three months. Company insiders own 2.70% of the company’s stock.

Wall Street Analysts Forecast Growth

VECO has been the subject of several analyst reports. Weiss Ratings upgraded shares of Veeco Instruments from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, June 30th. Citigroup raised their price target on shares of Veeco Instruments from $40.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Zacks Research cut shares of Veeco Instruments from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Wall Street Zen upgraded shares of Veeco Instruments to a “hold” rating in a research report on Saturday, June 6th. Finally, Barclays increased 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. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $40.60.

Veeco Instruments Company 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.