Fort Washington Investment Advisors Inc. OH lifted its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) by 5.4% during the first quarter, HoldingsChannel.com reports. The fund owned 89,732 shares of the electronics maker’s stock after purchasing an additional 4,570 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Advanced Energy Industries were worth $28,957,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Royal Bank of Canada increased its stake in Advanced Energy Industries by 16.5% in the first quarter. Royal Bank of Canada now owns 11,155 shares of the electronics maker’s stock valued at $1,063,000 after purchasing an additional 1,578 shares in the last quarter. Advisors Asset Management Inc. boosted its position in shares of Advanced Energy Industries by 47.7% during the first quarter. Advisors Asset Management Inc. now owns 539 shares of the electronics maker’s stock worth $51,000 after purchasing an additional 174 shares in the last quarter. AQR Capital Management LLC bought a new position in shares of Advanced Energy Industries during the first quarter worth $468,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Advanced Energy Industries by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,278 shares of the electronics maker’s stock valued at $2,123,000 after buying an additional 970 shares during the period. Finally, United Services Automobile Association acquired a new position in shares of Advanced Energy Industries in the 1st quarter valued at $228,000. Institutional investors own 99.67% of the company’s stock.
Insider Activity
In related news, EVP Elizabeth Karpinski Vonne sold 966 shares of the stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $369.40, for a total transaction of $356,840.40. Following the completion of the transaction, the executive vice president directly owned 11,616 shares in the company, valued at approximately $4,290,950.40. This trade represents a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.30% of the company’s stock.
Advanced Energy Industries Trading Up 0.1%
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last released its earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.97 by $0.12. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.The firm had revenue of $511.00 million during the quarter, compared to analysts’ expectations of $505.81 million. During the same quarter in the prior year, the company earned $1.23 EPS. The company’s revenue was up 26.3% on a year-over-year basis. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. On average, equities research analysts predict that Advanced Energy Industries, Inc. will post 7.72 EPS for the current fiscal year.
Advanced Energy Industries Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, May 25th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, May 22nd. Advanced Energy Industries’s dividend payout ratio is currently 8.42%.
Wall Street Analyst Weigh In
Several analysts recently commented on AEIS shares. Robert W. Baird raised their price objective on Advanced Energy Industries from $360.00 to $380.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Wall Street Zen upgraded Advanced Energy Industries from a “hold” rating to a “buy” rating in a report on Saturday. Bank of America raised their price target on Advanced Energy Industries from $430.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Citigroup lifted their price objective on Advanced Energy Industries from $385.00 to $410.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, 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 report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Advanced Energy Industries currently has a consensus rating of “Moderate Buy” and a consensus price target of $375.45.
View Our Latest Stock Report on Advanced Energy Industries
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.
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