Veeco Instruments Inc. $VECO Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. increased its stake in Veeco Instruments Inc. (NASDAQ:VECO) by 0.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,674,779 shares of the semiconductor company’s stock after acquiring an additional 11,469 shares during the quarter. Vanguard Group Inc. owned approximately 12.73% of Veeco Instruments worth $219,345,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of VECO. Smartleaf Asset Management LLC grew its holdings in shares of Veeco Instruments by 75.6% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,366 shares of the semiconductor company’s stock worth $49,000 after acquiring an additional 1,019 shares during the last quarter. Johnson Financial Group Inc. purchased a new position in shares of Veeco Instruments in the third quarter worth approximately $91,000. Tower Research Capital LLC TRC increased its position in shares of Veeco Instruments by 152.4% in the second quarter. Tower Research Capital LLC TRC now owns 6,160 shares of the semiconductor company’s stock worth $125,000 after acquiring an additional 3,719 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Veeco Instruments by 9.9% in the second quarter. Russell Investments Group Ltd. now owns 6,421 shares of the semiconductor company’s stock worth $130,000 after acquiring an additional 580 shares in the last quarter. Finally, Quadrant Capital Group LLC purchased a new position in shares of Veeco Instruments in the third quarter worth approximately $146,000. 98.46% of the stock is currently owned by institutional investors and hedge funds.

Veeco Instruments Stock Performance

Shares of NASDAQ VECO opened at $59.42 on Friday. The business’s 50-day moving average price is $38.26 and its two-hundred day moving average price is $33.22. The company has a debt-to-equity ratio of 0.26, a current ratio of 4.23 and a quick ratio of 3.20. Veeco Instruments Inc. has a one year low of $18.85 and a one year high of $65.43. The company has a market capitalization of $3.63 billion, a P/E ratio of 156.37 and a beta of 1.36.

Veeco Instruments (NASDAQ:VECO) last posted 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 business had revenue of $158.34 million during the quarter, compared to the consensus estimate of $160.07 million. Veeco Instruments had a return on equity of 3.49% and a net margin of 3.53%.The business’s revenue was down 5.4% on a year-over-year basis. During the same period in the prior year, the firm earned $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. Analysts anticipate that Veeco Instruments Inc. will post 1.04 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO William John Miller sold 50,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $31.62, for a total value of $1,581,000.00. Following the completion of the sale, the chief executive officer directly owned 414,543 shares of the company’s stock, valued at approximately $13,107,849.66. This represents a 10.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.70% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

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

Veeco Instruments 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.