Azzad Asset Management Inc. ADV Sells 5,959 Shares of Advanced Energy Industries, Inc. $AEIS

Azzad Asset Management Inc. ADV lowered its holdings in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 54.7% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,943 shares of the electronics maker’s stock after selling 5,959 shares during the period. Azzad Asset Management Inc. ADV’s holdings in Advanced Energy Industries were worth $1,595,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Geode Capital Management LLC grew its position in Advanced Energy Industries by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 956,979 shares of the electronics maker’s stock valued at $200,393,000 after acquiring an additional 28,549 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Advanced Energy Industries by 2.2% in the second quarter. Bank of America Corp DE now owns 946,649 shares of the electronics maker’s stock worth $125,431,000 after acquiring an additional 20,573 shares during the last quarter. Norges Bank bought a new position in shares of Advanced Energy Industries in the fourth quarter worth about $123,403,000. Franklin Resources Inc. boosted its stake in shares of Advanced Energy Industries by 55.4% in the 4th quarter. Franklin Resources Inc. now owns 487,494 shares of the electronics maker’s stock valued at $102,067,000 after purchasing an additional 173,836 shares in the last quarter. Finally, Analog Century Management LP acquired a new stake in shares of Advanced Energy Industries in the 3rd quarter valued at approximately $79,507,000. 99.67% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Advanced Energy Industries

In other Advanced Energy Industries news, EVP Elizabeth Karpinski Vonne sold 966 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The shares were 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 owned 11,616 shares in the company, valued at approximately $4,290,950.40. This trade 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. Insiders own 1.30% of the company’s stock.

Advanced Energy Industries Trading Down 0.4%

NASDAQ AEIS opened at $308.05 on Friday. The business’s 50-day moving average price is $334.37 and its two-hundred day moving average price is $311.95. Advanced Energy Industries, Inc. has a 12 month low of $128.40 and a 12 month high of $397.44. The firm has a market capitalization of $11.72 billion, a PE ratio of 64.85, a price-to-earnings-growth ratio of 1.33 and a beta of 1.25.

Advanced Energy Industries (NASDAQ:AEIS) last issued its quarterly earnings data 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. The company had revenue of $511.00 million during the quarter, compared to the consensus estimate of $505.81 million. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.The firm’s revenue was up 26.3% compared to the same quarter last year. During the same period last year, the company earned $1.23 earnings per share. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. As a group, analysts forecast that Advanced Energy Industries, Inc. will post 7.72 earnings per share for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, May 25th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a 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%.

Analyst Ratings Changes

Several brokerages recently issued reports on AEIS. Weiss Ratings lowered shares of Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 29th. Bank of America increased their price objective on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Robert W. Baird raised their target price on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Wells Fargo & Company raised shares of Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $345.00 to $465.00 in a research note on Wednesday, July 1st. Finally, Zacks Research downgraded shares of Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 30th. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Advanced Energy Industries currently has an average rating of “Moderate Buy” and an average target price of $400.45.

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.