PNC Financial Services Group Inc. Sells 1,640 Shares of Advanced Energy Industries, Inc. $AEIS

PNC Financial Services Group Inc. reduced its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 19.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 6,925 shares of the electronics maker’s stock after selling 1,640 shares during the period. PNC Financial Services Group Inc.’s holdings in Advanced Energy Industries were worth $1,450,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bayforest Capital Ltd bought a new stake in Advanced Energy Industries in the 4th quarter valued at about $29,000. Danske Bank A S bought a new stake in Advanced Energy Industries in the 3rd quarter valued at about $34,000. Measured Wealth Private Client Group LLC bought a new stake in Advanced Energy Industries in the 3rd quarter valued at about $36,000. EverSource Wealth Advisors LLC raised its stake in Advanced Energy Industries by 67.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 312 shares of the electronics maker’s stock valued at $41,000 after acquiring an additional 126 shares during the period. Finally, Park Place Capital Corp bought a new stake in Advanced Energy Industries in the 4th quarter valued at about $51,000. 99.67% of the stock is currently owned by institutional investors.

Advanced Energy Industries Trading Down 3.4%

Shares of NASDAQ AEIS opened at $317.08 on Friday. The firm has a market capitalization of $12.06 billion, a price-to-earnings ratio of 66.75, a PEG ratio of 1.43 and a beta of 1.40. The business has a 50-day moving average of $346.57 and a 200-day moving average of $285.81. Advanced Energy Industries, Inc. has a 12 month low of $112.68 and a 12 month high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last issued its earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.12. The business had revenue of $511.00 million during the quarter, compared to analyst estimates of $505.81 million. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.Advanced Energy Industries’s revenue for the quarter was up 26.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.23 earnings per share. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. On average, analysts predict that Advanced Energy Industries, Inc. will post 7.65 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Monday, May 25th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $0.40 annualized dividend and a yield of 0.1%. Advanced Energy Industries’s dividend payout ratio is currently 8.42%.

Insider Transactions at Advanced Energy Industries

In other Advanced Energy Industries news, Director Brian Shirley sold 1,234 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $310.19, for a total value of $382,774.46. Following the completion of the sale, the director owned 5,584 shares of the company’s stock, valued at $1,732,100.96. This represents a 18.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Stephen Douglas Kelley sold 50,000 shares of the company’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 value of $15,831,000.00. Following the completion of the sale, the chief executive officer directly owned 80,376 shares of the company’s stock, valued at approximately $25,448,649.12. This represents a 38.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 56,514 shares of company stock worth $17,933,796 in the last three months. Corporate insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Citigroup boosted their price objective on Advanced Energy Industries from $385.00 to $410.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Wells Fargo & Company boosted their price objective on Advanced Energy Industries from $340.00 to $345.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 5th. Wall Street Zen raised Advanced Energy Industries from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. TD Cowen lifted their target price on Advanced Energy Industries from $300.00 to $350.00 and gave the company a “hold” rating in a report on Tuesday, May 5th. Finally, Stifel Nicolaus lifted their target price on Advanced Energy Industries from $310.00 to $325.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $358.00.

Advanced Energy Industries Profile

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.