Invesco Ltd. Increases Holdings in SES AI Corporation $SES

Invesco Ltd. lifted its position in shares of SES AI Corporation (NYSE:SES) by 1,537.2% during the 1st quarter, Holdings Channel.com reports. The fund owned 892,494 shares of the company’s stock after buying an additional 837,982 shares during the period. Invesco Ltd.’s holdings in SES AI were worth $465,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its stake in shares of SES AI by 14.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,200,895 shares of the company’s stock worth $625,000 after acquiring an additional 151,420 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of SES AI during the 1st quarter worth approximately $1,064,000. Signaturefd LLC purchased a new stake in shares of SES AI during the 1st quarter worth approximately $26,000. CWM LLC boosted its stake in shares of SES AI by 1,427.9% during the 1st quarter. CWM LLC now owns 55,462 shares of the company’s stock worth $29,000 after acquiring an additional 51,832 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its stake in shares of SES AI by 159.2% during the 4th quarter. Squarepoint Ops LLC now owns 160,926 shares of the company’s stock worth $352,000 after acquiring an additional 98,834 shares in the last quarter. Hedge funds and other institutional investors own 29.78% of the company’s stock.

Analyst Upgrades and Downgrades

SES has been the topic of a number of analyst reports. Wall Street Zen cut SES AI from a “hold” rating to a “sell” rating in a report on Sunday, June 8th. Cantor Fitzgerald reiterated an “overweight” rating and set a $2.00 target price on shares of SES AI in a report on Tuesday, June 24th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, SES AI presently has a consensus rating of “Moderate Buy” and a consensus price target of $1.75.

SES AI Stock Performance

Shares of NYSE:SES opened at $1.09 on Friday. The business’s fifty day moving average price is $1.08 and its two-hundred day moving average price is $0.87. The stock has a market cap of $396.81 million, a PE ratio of -3.50 and a beta of 0.40. SES AI Corporation has a one year low of $0.20 and a one year high of $2.53.

SES AI (NYSE:SES) last issued its quarterly earnings results on Monday, August 4th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). The business had revenue of $3.53 million during the quarter, compared to the consensus estimate of $4.33 million. SES AI has set its FY 2025 guidance at EPS. As a group, equities research analysts predict that SES AI Corporation will post -0.23 earnings per share for the current fiscal year.

SES AI Profile

SES AI Corporation engages in the development and production of high-performance Lithium-metal rechargeable batteries for electric vehicles, electric vehicle take-off and landing, and other applications. The company was founded in 2012 and is headquartered in Woburn, Massachusetts.