Frank Rimerman Advisors LLC acquired a new stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) in the first quarter, according to its most recent filing with the SEC. The fund acquired 1,945 shares of the electronics maker’s stock, valued at approximately $628,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new position in shares of Advanced Energy Industries in the fourth quarter worth $123,403,000. Analog Century Management LP bought a new stake in shares of Advanced Energy Industries during the 3rd quarter valued at $79,507,000. Fuller & Thaler Asset Management Inc. lifted its holdings in Advanced Energy Industries by 1,734.1% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 427,674 shares of the electronics maker’s stock worth $89,542,000 after purchasing an additional 404,356 shares in the last quarter. Wellington Management Group LLP purchased a new stake in Advanced Energy Industries during the 3rd quarter worth about $50,173,000. Finally, Congress Asset Management Co. bought a new position in Advanced Energy Industries in the 4th quarter worth about $47,502,000. Institutional investors own 99.67% of the company’s stock.
Analyst Ratings Changes
A number of research analysts have weighed in on the company. Susquehanna lifted their target price on Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a report on Tuesday, June 30th. Citigroup raised their price objective on shares of Advanced Energy Industries from $385.00 to $410.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Weiss Ratings lowered shares of Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. TD Cowen upped their target price on shares of Advanced Energy Industries from $300.00 to $350.00 and gave the stock a “hold” rating in a report on Tuesday, May 5th. Finally, KeyCorp upped their target price on shares of Advanced Energy Industries from $375.00 to $415.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Advanced Energy Industries has a consensus rating of “Moderate Buy” and an average target price of $400.45.
Insider Transactions at Advanced Energy Industries
In other news, EVP Elizabeth Karpinski Vonne sold 966 shares of the company’s stock in a transaction dated 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 approximately $4,290,950.40. This represents a 7.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.30% of the stock is currently owned by company insiders.
Advanced Energy Industries Price Performance
AEIS stock opened at $309.27 on Friday. The firm has a 50 day simple moving average of $335.43 and a two-hundred day simple moving average of $311.98. The stock has a market cap of $11.76 billion, a PE ratio of 65.11, a P/E/G ratio of 1.26 and a beta of 1.25. Advanced Energy Industries, Inc. has a one year low of $128.40 and a one year high of $397.44.
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The electronics maker reported $2.09 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.12. Advanced Energy Industries had a net margin of 10.00% and a return on equity of 17.99%. The firm had revenue of $511.00 million for the quarter, compared to analysts’ expectations of $505.81 million. During the same quarter last year, the company posted $1.23 EPS. 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. On average, research analysts expect that Advanced Energy Industries, Inc. will post 7.72 EPS for the current fiscal year.
Advanced Energy Industries Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, May 25th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $0.40 annualized dividend and a yield of 0.1%. Advanced Energy Industries’s payout ratio is 8.42%.
Advanced Energy Industries Company 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.
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