California Public Employees Retirement System Increases Stock Position in Advanced Energy Industries, Inc. $AEIS

California Public Employees Retirement System grew its holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 10.0% during the 1st quarter, Holdings Channel reports. The firm owned 72,359 shares of the electronics maker’s stock after buying an additional 6,601 shares during the period. California Public Employees Retirement System’s holdings in Advanced Energy Industries were worth $23,351,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings 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 during the last quarter. Advisors Asset Management Inc. grew its position in Advanced Energy Industries by 47.7% during the first quarter. Advisors Asset Management Inc. now owns 539 shares of the electronics maker’s stock valued at $51,000 after acquiring an additional 174 shares during the period. AQR Capital Management LLC acquired a new stake in Advanced Energy Industries during the first quarter worth about $468,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Advanced Energy Industries by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,278 shares of the electronics maker’s stock worth $2,123,000 after acquiring an additional 970 shares during the last quarter. Finally, United Services Automobile Association purchased a new position in shares of Advanced Energy Industries in the 1st quarter worth about $228,000. 99.67% of the stock is owned by institutional investors and hedge funds.

Advanced Energy Industries Trading Up 4.5%

AEIS opened at $317.31 on Thursday. Advanced Energy Industries, Inc. has a twelve month low of $128.40 and a twelve month high of $397.44. The firm has a market cap of $12.07 billion, a price-to-earnings ratio of 66.80, a PEG ratio of 1.31 and a beta of 1.25. The company has a fifty day simple moving average of $325.25 and a 200 day simple moving average of $317.25.

Advanced Energy Industries (NASDAQ:AEIS) last announced its earnings results 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. 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 company’s revenue was up 26.3% on a year-over-year basis. During the same period last 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 forecast that Advanced Energy Industries, Inc. will post 7.72 earnings per share for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, May 25th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis 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 8.42%.

Analyst Ratings Changes

A number of analysts have recently issued reports on AEIS shares. KeyCorp boosted their target price on Advanced Energy Industries from $375.00 to $415.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Citigroup lifted their price target on shares of Advanced Energy Industries from $410.00 to $435.00 and gave the company a “buy” rating in a research report on Wednesday. Wall Street Zen upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Needham & Company LLC increased their price objective on shares of Advanced Energy Industries from $330.00 to $400.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, Wells Fargo & Company raised shares of Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $345.00 to $465.00 in a research note on Wednesday, July 1st. Eleven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $404.25.

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.