Assenagon Asset Management S.A. Has $3.07 Million Stock Holdings in Advanced Energy Industries, Inc. $AEIS

Assenagon Asset Management S.A. decreased its position in Advanced Energy Industries, Inc. (NASDAQ:AEISFree Report) by 27.2% during the 4th quarter, HoldingsChannel reports. The fund owned 14,671 shares of the electronics maker’s stock after selling 5,482 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Advanced Energy Industries were worth $3,072,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Analog Century Management LP bought a new position in shares of Advanced Energy Industries during the 3rd quarter worth approximately $79,507,000. Norges Bank bought a new stake in shares of Advanced Energy Industries in the second quarter worth $58,766,000. Wellington Management Group LLP bought a new stake in shares of Advanced Energy Industries in the third quarter worth $50,173,000. GW&K Investment Management LLC boosted its holdings in Advanced Energy Industries by 51.5% during the third quarter. GW&K Investment Management LLC now owns 699,780 shares of the electronics maker’s stock worth $119,062,000 after purchasing an additional 237,895 shares during the last quarter. Finally, Tributary Capital Management LLC boosted its holdings in Advanced Energy Industries by 92.5% during the third quarter. Tributary Capital Management LLC now owns 344,654 shares of the electronics maker’s stock worth $58,639,000 after purchasing an additional 165,655 shares during the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.

Insider Buying and Selling at Advanced Energy Industries

In other Advanced Energy Industries news, CEO Stephen Douglas Kelley sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $316.62, for a total transaction of $15,831,000.00. Following the transaction, the chief executive officer owned 80,376 shares of the company’s stock, valued at $25,448,649.12. The trade was a 38.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Paul R. Oldham sold 4,314 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $315.99, for a total value of $1,363,180.86. Following the completion of the sale, the executive vice president owned 22,217 shares in the company, valued at $7,020,349.83. This represents a 16.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 57,512 shares of company stock valued at $18,210,172 in the last three months. Corporate insiders own 1.20% of the company’s stock.

Advanced Energy Industries Trading Down 4.0%

NASDAQ AEIS opened at $298.29 on Tuesday. The firm’s fifty day moving average price is $302.54 and its two-hundred day moving average price is $237.71. Advanced Energy Industries, Inc. has a 1 year low of $75.01 and a 1 year high of $360.00. The firm has a market capitalization of $11.29 billion, a P/E ratio of 78.09, a price-to-earnings-growth ratio of 2.28 and a beta of 1.35.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The electronics maker reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.18. The firm had revenue of $489.40 million during the quarter, compared to analysts’ expectations of $473.12 million. Advanced Energy Industries had a net margin of 8.25% and a return on equity of 15.72%. The company’s revenue for the quarter was up 17.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.30 earnings per share. Advanced Energy Industries has set its Q1 2026 guidance at 1.690-2.190 EPS. On average, research analysts anticipate that Advanced Energy Industries, Inc. will post 3.66 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

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

Analysts Set New Price Targets

Several brokerages have issued reports on AEIS. Zacks Research upgraded shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 13th. Weiss Ratings restated a “hold (c+)” rating on shares of Advanced Energy Industries in a research note on Friday. Wells Fargo & Company raised their price objective on Advanced Energy Industries from $225.00 to $300.00 and gave the company an “equal weight” rating in a report on Wednesday, February 11th. KeyCorp lifted their target price on Advanced Energy Industries from $330.00 to $375.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Finally, Stifel Nicolaus upped their target price on Advanced Energy Industries from $310.00 to $325.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. One equities 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 stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $318.50.

Read Our Latest Report on Advanced Energy Industries

About Advanced Energy Industries

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding AEIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Energy Industries, Inc. (NASDAQ:AEISFree Report).

Institutional Ownership by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

Receive News & Ratings for Advanced Energy Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Energy Industries and related companies with MarketBeat.com's FREE daily email newsletter.