Grantham Mayo Van Otterloo & Co. LLC Has $99.78 Million Stock Holdings in SolarEdge Technologies, Inc. $SEDG

Grantham Mayo Van Otterloo & Co. LLC decreased its position in SolarEdge Technologies, Inc. (NASDAQ:SEDG) by 32.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,696,869 shares of the semiconductor company’s stock after selling 1,308,600 shares during the period. Grantham Mayo Van Otterloo & Co. LLC owned approximately 4.51% of SolarEdge Technologies worth $99,784,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Accent Capital Management LLC bought a new position in SolarEdge Technologies during the third quarter worth about $25,000. Whittier Trust Co. acquired a new position in SolarEdge Technologies in the third quarter valued at about $27,000. Hantz Financial Services Inc. increased its holdings in shares of SolarEdge Technologies by 352.5% in the third quarter. Hantz Financial Services Inc. now owns 733 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 571 shares in the last quarter. Canada Pension Plan Investment Board acquired a new stake in shares of SolarEdge Technologies during the second quarter worth about $35,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of SolarEdge Technologies by 28.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,481 shares of the semiconductor company’s stock valued at $51,000 after purchasing an additional 553 shares in the last quarter. Institutional investors own 95.10% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. UBS Group dropped their price objective on shares of SolarEdge Technologies from $40.00 to $36.00 and set a “neutral” rating on the stock in a report on Monday, March 2nd. The Goldman Sachs Group upped their target price on shares of SolarEdge Technologies from $32.00 to $36.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th. Wells Fargo & Company lifted their price target on SolarEdge Technologies from $33.00 to $36.00 and gave the company an “equal weight” rating in a research note on Friday, February 20th. Weiss Ratings reissued a “sell (d-)” rating on shares of SolarEdge Technologies in a research note on Monday, December 29th. Finally, Raymond James Financial started coverage on SolarEdge Technologies in a research report on Tuesday, January 13th. They set a “market perform” rating for the company. One investment analyst has rated the stock with a Buy rating, sixteen have issued a Hold rating and seven have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $27.09.

SolarEdge Technologies Stock Down 5.3%

SolarEdge Technologies stock opened at $33.37 on Friday. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.82. SolarEdge Technologies, Inc. has a 1-year low of $11.00 and a 1-year high of $48.60. The company has a fifty day simple moving average of $34.52 and a 200 day simple moving average of $34.60. The company has a market cap of $2.01 billion, a P/E ratio of -4.85 and a beta of 1.62.

SolarEdge Technologies (NASDAQ:SEDG) last issued its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.19) by $0.05. The firm had revenue of $333.80 million for the quarter, compared to analysts’ expectations of $330.33 million. SolarEdge Technologies had a negative net margin of 34.23% and a negative return on equity of 45.54%. The company’s revenue for the quarter was up 70.9% on a year-over-year basis. During the same period in the previous year, the firm posted ($3.52) EPS. Research analysts anticipate that SolarEdge Technologies, Inc. will post -4.54 earnings per share for the current fiscal year.

SolarEdge Technologies Profile

SolarEdge Technologies (NASDAQ: SEDG) is a global provider of solar energy solutions focused on optimizing photovoltaic (PV) power generation. The company’s core offerings include power optimizers, inverters and cloud-based monitoring platforms designed to maximize energy output and improve safety across residential, commercial and utility-scale installations. By coupling module-level electronics with centralized inverters, SolarEdge’s technology enables real-time performance monitoring and rapid fault detection to enhance system reliability.

In recent years, SolarEdge has expanded its product portfolio beyond solar PV to include energy storage systems, electric vehicle (EV) charging solutions and smart energy management tools.