Castleark Management LLC Purchases New Position in Advanced Energy Industries, Inc. $AEIS

Castleark Management LLC acquired a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 45,890 shares of the electronics maker’s stock, valued at approximately $6,080,000.

A number of other institutional investors also recently modified their holdings of the company. Norges Bank bought a new stake in Advanced Energy Industries during the 2nd quarter worth approximately $58,766,000. Franklin Resources Inc. bought a new stake in shares of Advanced Energy Industries during the second quarter worth $30,687,000. MetLife Investment Management LLC increased its stake in shares of Advanced Energy Industries by 557.2% in the first quarter. MetLife Investment Management LLC now owns 148,479 shares of the electronics maker’s stock valued at $14,152,000 after buying an additional 125,888 shares in the last quarter. Fisher Asset Management LLC raised its holdings in shares of Advanced Energy Industries by 80.4% in the second quarter. Fisher Asset Management LLC now owns 273,993 shares of the electronics maker’s stock valued at $36,304,000 after buying an additional 122,094 shares during the last quarter. Finally, Nuveen LLC acquired a new position in Advanced Energy Industries during the 1st quarter worth about $9,770,000. Institutional investors own 99.67% of the company’s stock.

Analyst Ratings Changes

AEIS has been the subject of several research reports. Needham & Company LLC raised their price objective on shares of Advanced Energy Industries from $188.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Wells Fargo & Company increased their price target on shares of Advanced Energy Industries from $175.00 to $215.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 5th. Benchmark boosted their price objective on shares of Advanced Energy Industries from $150.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. KeyCorp increased their price objective on Advanced Energy Industries from $195.00 to $240.00 and gave the company an “overweight” rating in a research report on Wednesday, November 5th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Energy Industries in a report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $212.00.

Insider Activity at Advanced Energy Industries

In related news, Director Tina Donikowski sold 2,257 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $210.33, for a total value of $474,714.81. Following the completion of the transaction, the director directly owned 8,248 shares in the company, valued at approximately $1,734,801.84. The trade was a 21.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Paul R. Oldham sold 8,174 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $203.11, for a total transaction of $1,660,221.14. Following the sale, the executive vice president owned 24,792 shares in the company, valued at $5,035,503.12. This trade represents a 24.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.20% of the stock is currently owned by insiders.

Advanced Energy Industries Stock Performance

Shares of NASDAQ:AEIS opened at $215.07 on Friday. Advanced Energy Industries, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $232.05. The company has a debt-to-equity ratio of 0.43, a current ratio of 4.10 and a quick ratio of 3.01. The company has a market capitalization of $8.12 billion, a price-to-earnings ratio of 56.45, a P/E/G ratio of 1.28 and a beta of 1.38. The firm’s 50 day simple moving average is $202.69 and its 200 day simple moving average is $164.96.

Advanced Energy Industries (NASDAQ:AEIS) last posted its earnings results on Tuesday, November 4th. The electronics maker reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.27. Advanced Energy Industries had a net margin of 8.41% and a return on equity of 14.27%. The company had revenue of $463.30 million for the quarter, compared to analyst estimates of $441.54 million. During the same period last year, the business posted $0.98 earnings per share. The business’s revenue for the quarter was up 23.8% compared to the same quarter last year. Advanced Energy Industries has set its Q4 2025 guidance at 1.500-2.000 EPS. As a group, sell-side analysts forecast that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Stockholders of record on Monday, November 24th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, November 24th. Advanced Energy Industries’s payout ratio is 10.50%.

Advanced Energy Industries Profile

Advanced Energy Industries, Inc provides precision power conversion, measurement, and control solutions in the United States and internationally. The company's plasma power products offer solutions to enable innovation for semiconductor and thin film plasma processes, such as dry etch and deposition.