Yousif Capital Management LLC reduced its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) by 16.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,754 shares of the electronics maker’s stock after selling 2,366 shares during the period. Yousif Capital Management LLC’s holdings in Advanced Energy Industries were worth $2,000,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new position in shares of Advanced Energy Industries during the second quarter worth about $58,766,000. Franklin Resources Inc. acquired a new position in shares of Advanced Energy Industries in the 2nd quarter worth approximately $30,687,000. Fisher Asset Management LLC lifted its position in shares of Advanced Energy Industries by 80.4% in the 2nd quarter. Fisher Asset Management LLC now owns 273,993 shares of the electronics maker’s stock worth $36,304,000 after purchasing an additional 122,094 shares during the period. Ceredex Value Advisors LLC bought a new stake in shares of Advanced Energy Industries in the 2nd quarter valued at $11,335,000. Finally, Squarepoint Ops LLC increased its position in shares of Advanced Energy Industries by 998.7% during the second quarter. Squarepoint Ops LLC now owns 61,294 shares of the electronics maker’s stock worth $8,121,000 after buying an additional 55,715 shares during the period. Institutional investors own 99.67% of the company’s stock.
Analyst Ratings Changes
Several equities analysts recently issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Advanced Energy Industries from $175.00 to $215.00 and gave the company an “equal weight” rating in a report on Wednesday, November 5th. Susquehanna restated a “neutral” rating and set a $190.00 target price on shares of Advanced Energy Industries in a research report on Thursday, November 6th. Citigroup raised their target price on Advanced Energy Industries from $167.00 to $255.00 and gave the stock a “buy” rating in a research note on Wednesday, November 12th. Wall Street Zen lowered Advanced Energy Industries from a “strong-buy” rating to a “buy” rating in a research note on Monday, November 24th. Finally, Zacks Research raised shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 10th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $220.00.
Insider Activity
In other Advanced Energy Industries news, Director Tina Donikowski sold 2,257 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $210.33, for a total transaction of $474,714.81. Following the completion of the sale, the director directly owned 8,248 shares of the company’s stock, valued at approximately $1,734,801.84. The trade was a 21.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Paul R. Oldham sold 8,174 shares of the stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $203.11, for a total value of $1,660,221.14. Following the completion of the sale, the executive vice president directly owned 24,792 shares of the company’s stock, valued at approximately $5,035,503.12. This trade represents a 24.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.20% of the company’s stock.
Advanced Energy Industries Stock Up 0.3%
Shares of NASDAQ:AEIS opened at $217.86 on Monday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 3.01 and a current ratio of 4.10. Advanced Energy Industries, Inc. has a 52-week low of $75.01 and a 52-week high of $232.05. The business’s 50 day simple moving average is $209.42 and its two-hundred day simple moving average is $171.95. The firm has a market cap of $8.22 billion, a P/E ratio of 57.18, a PEG ratio of 1.30 and a beta of 1.38.
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last issued its earnings results on Tuesday, November 4th. The electronics maker reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.27. Advanced Energy Industries had a return on equity of 14.27% and a net margin of 8.41%.The company had revenue of $463.30 million for the quarter, compared to analyst estimates of $441.54 million. During the same period in the prior year, the firm earned $0.98 earnings per share. Advanced Energy Industries’s revenue for the quarter was up 23.8% on a year-over-year basis. Advanced Energy Industries has set its Q4 2025 guidance at 1.500-2.000 EPS. As a group, research analysts forecast that Advanced Energy Industries, Inc. will post 3.66 EPS for the current fiscal year.
Advanced Energy Industries Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Stockholders of record on Monday, November 24th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Monday, November 24th. Advanced Energy Industries’s dividend payout ratio (DPR) is currently 10.50%.
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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