Advanced Energy Industries (NASDAQ:AEIS) Sets New 52-Week High After Analyst Upgrade

Advanced Energy Industries, Inc. (NASDAQ:AEIS) shares hit a new 52-week high on Monday after KeyCorp raised their price target on the stock from $330.00 to $375.00. KeyCorp currently has an overweight rating on the stock. Advanced Energy Industries traded as high as $350.00 and last traded at $334.5070, with a volume of 112178 shares. The stock had previously closed at $335.57.

A number of other analysts also recently issued reports on the stock. Robert W. Baird set a $315.00 target price on shares of Advanced Energy Industries in a research report on Thursday, February 12th. Citigroup boosted their price objective on Advanced Energy Industries from $255.00 to $330.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Bank of America upped their target price on Advanced Energy Industries from $260.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Advanced Energy Industries in a report on Monday, December 29th. Finally, Needham & Company LLC increased their price objective on shares of Advanced Energy Industries from $290.00 to $330.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $308.50.

Insider Transactions at Advanced Energy Industries

In related news, Director Lanesha Minnix sold 1,000 shares of Advanced Energy Industries stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $316.62, for a total value of $316,620.00. Following the completion of the transaction, the director directly owned 4,585 shares in the company, valued at approximately $1,451,702.70. This trade represents a 17.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Elizabeth Karpinski Vonne sold 964 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $328.42, for a total value of $316,596.88. Following the sale, the executive vice president owned 11,683 shares in the company, valued at $3,836,930.86. The trade was a 7.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 4,221 shares of company stock valued at $1,107,932. 1.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Advanced Energy Industries

A number of hedge funds have recently added to or reduced their stakes in AEIS. Lisanti Capital Growth LLC bought a new position in shares of Advanced Energy Industries in the third quarter valued at $3,464,000. Fisher Asset Management LLC boosted its stake in shares of Advanced Energy Industries by 80.4% during the 2nd quarter. Fisher Asset Management LLC now owns 273,993 shares of the electronics maker’s stock worth $36,304,000 after acquiring an additional 122,094 shares in the last quarter. Tributary Capital Management LLC grew its holdings in shares of Advanced Energy Industries by 92.5% in the 3rd quarter. Tributary Capital Management LLC now owns 344,654 shares of the electronics maker’s stock worth $58,639,000 after acquiring an additional 165,655 shares during the last quarter. Rhumbline Advisers raised its position in shares of Advanced Energy Industries by 3.4% during the second quarter. Rhumbline Advisers now owns 113,228 shares of the electronics maker’s stock worth $15,003,000 after purchasing an additional 3,770 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Advanced Energy Industries by 6.8% during the third quarter. Envestnet Asset Management Inc. now owns 262,517 shares of the electronics maker’s stock valued at $44,665,000 after purchasing an additional 16,607 shares during the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.

Advanced Energy Industries Trading Down 5.3%

The stock has a 50-day moving average of $268.32 and a two-hundred day moving average of $215.73. The firm has a market cap of $12.17 billion, a price-to-earnings ratio of 84.42, a price-to-earnings-growth ratio of 2.55 and a beta of 1.35.

Advanced Energy Industries (NASDAQ:AEIS) last issued its quarterly earnings results on Tuesday, February 10th. The electronics maker reported $1.94 EPS for the quarter, beating the consensus estimate of $1.76 by $0.18. Advanced Energy Industries had a net margin of 8.25% and a return on equity of 15.72%. The business had revenue of $489.40 million during the quarter, compared to the consensus estimate of $473.12 million. During the same quarter in the prior year, the firm earned $1.30 EPS. The firm’s quarterly revenue was up 17.8% on a year-over-year basis. Advanced Energy Industries has set its Q1 2026 guidance at 1.690-2.190 EPS. Sell-side analysts expect that Advanced Energy Industries, Inc. will post 3.66 EPS for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Monday, February 23rd will be issued a dividend of $0.10 per share. The ex-dividend date is Monday, February 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. Advanced Energy Industries’s payout ratio is currently 10.47%.

About Advanced Energy Industries

Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.

Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.