Assenagon Asset Management S.A. Reduces Stake in Advanced Energy Industries, Inc. $AEIS

Assenagon Asset Management S.A. lowered its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 27.3% in the 1st quarter, HoldingsChannel.com reports. The fund owned 10,659 shares of the electronics maker’s stock after selling 4,012 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Advanced Energy Industries were worth $3,440,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of AEIS. Campbell Newman Asset Management Inc. grew its position in Advanced Energy Industries by 2.6% during the first quarter. Campbell Newman Asset Management Inc. now owns 9,573 shares of the electronics maker’s stock valued at $3,089,000 after buying an additional 239 shares during the period. SG Americas Securities LLC raised its position in Advanced Energy Industries by 76.8% in the first quarter. SG Americas Securities LLC now owns 12,085 shares of the electronics maker’s stock worth $3,900,000 after acquiring an additional 5,248 shares during the period. Rockefeller Capital Management L.P. boosted its stake in shares of Advanced Energy Industries by 47.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,334 shares of the electronics maker’s stock worth $279,000 after acquiring an additional 431 shares during the last quarter. Rehmann Capital Advisory Group bought a new stake in shares of Advanced Energy Industries during the 4th quarter valued at $243,000. Finally, MidFirst Bank bought a new stake in shares of Advanced Energy Industries during the 4th quarter valued at $422,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Insider Buying and Selling

In other Advanced Energy Industries news, EVP Elizabeth Karpinski Vonne sold 966 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $369.40, for a total value of $356,840.40. Following the completion of the transaction, the executive vice president directly owned 11,616 shares in the company, valued at $4,290,950.40. This represents a 7.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 1.30% of the company’s stock.

Advanced Energy Industries Stock Performance

Shares of Advanced Energy Industries stock opened at $348.15 on Tuesday. Advanced Energy Industries, Inc. has a fifty-two week low of $128.40 and a fifty-two week high of $397.44. The company has a market capitalization of $13.24 billion, a P/E ratio of 73.29, a P/E/G ratio of 1.50 and a beta of 1.30. The company has a fifty day moving average of $345.22 and a 200 day moving average of $306.13.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings results on Monday, May 4th. The electronics maker reported $2.09 EPS for the quarter, beating 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 business had revenue of $511.00 million for the quarter, compared to analysts’ expectations of $505.81 million. During the same period last year, the firm earned $1.23 earnings per share. The business’s quarterly 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. Analysts forecast that Advanced Energy Industries, Inc. will post 7.72 EPS for the current year.

Advanced Energy Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Monday, May 25th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Friday, May 22nd. Advanced Energy Industries’s dividend payout ratio (DPR) is 8.42%.

Analysts Set New Price Targets

A number of equities analysts recently commented on AEIS shares. Weiss Ratings cut Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 29th. Cantor Fitzgerald boosted their price target on Advanced Energy Industries from $400.00 to $450.00 and gave the company an “overweight” rating in a report on Monday. Robert W. Baird upped their price target on Advanced Energy Industries from $360.00 to $380.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Wall Street Zen raised Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Bank of America lifted their price objective on Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $380.00.

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.