Advanced Energy Industries (NASDAQ:AEIS) Downgraded to Hold Rating by Zacks Research

Zacks Research cut shares of Advanced Energy Industries (NASDAQ:AEIS) from a strong-buy rating to a hold rating in a report issued on Thursday morning,Zacks.com reports.

Several other analysts also recently weighed in on AEIS. Benchmark lifted their target price on shares of Advanced Energy Industries from $150.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Robert W. Baird set a $190.00 price target on Advanced Energy Industries in a research report on Monday, October 27th. Citigroup lifted their price objective on Advanced Energy Industries from $167.00 to $255.00 and gave the company a “buy” rating in a research note on Wednesday, November 12th. Cowen reiterated a “hold” rating on shares of Advanced Energy Industries in a report on Wednesday, November 5th. Finally, Susquehanna restated a “neutral” rating and set a $190.00 target price on shares of Advanced Energy Industries in a report on Thursday, November 6th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Advanced Energy Industries has an average rating of “Moderate Buy” and an average price target of $220.00.

Advanced Energy Industries Stock Up 6.0%

Shares of NASDAQ:AEIS opened at $221.99 on Thursday. The company has a market capitalization of $8.38 billion, a price-to-earnings ratio of 58.27, a PEG ratio of 1.01 and a beta of 1.39. Advanced Energy Industries has a 12-month low of $75.01 and a 12-month high of $232.05. The business has a 50-day moving average price of $211.14 and a 200 day moving average price of $174.40. The company has a current ratio of 4.10, a quick ratio of 3.01 and a debt-to-equity ratio of 0.43.

Advanced Energy Industries (NASDAQ:AEIS) last announced its earnings results on Tuesday, November 4th. The electronics maker reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.27. Advanced Energy Industries had a net margin of 8.41% and a return on equity of 14.27%. The company had revenue of $463.30 million during the quarter, compared to analyst estimates of $441.54 million. During the same quarter last year, the firm posted $0.98 earnings per share. Advanced Energy Industries’s revenue was up 23.8% compared to the same quarter last year. Advanced Energy Industries has set its Q4 2025 guidance at 1.500-2.000 EPS. Sell-side analysts expect that Advanced Energy Industries will post 3.66 EPS for the current year.

Advanced Energy Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 5th. Investors of record on Monday, November 24th were issued a $0.10 dividend. The ex-dividend date was Monday, November 24th. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. Advanced Energy Industries’s dividend payout ratio (DPR) is 10.50%.

Insider Buying and Selling at Advanced Energy Industries

In other Advanced Energy Industries news, EVP Paul R. Oldham sold 8,174 shares of the company’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $203.11, for a total transaction of $1,660,221.14. Following the sale, the executive vice president owned 24,792 shares in the company, valued at $5,035,503.12. This represents a 24.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Tina Donikowski sold 2,257 shares of the stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $210.33, for a total value of $474,714.81. Following the completion of the sale, the director directly owned 8,248 shares in the company, valued at $1,734,801.84. This represents a 21.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in shares of Advanced Energy Industries by 2.2% in the 2nd quarter. Bank of America Corp DE now owns 946,649 shares of the electronics maker’s stock valued at $125,431,000 after purchasing an additional 20,573 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Advanced Energy Industries by 1.0% during the 2nd quarter. Geode Capital Management LLC now owns 925,648 shares of the electronics maker’s stock worth $122,663,000 after purchasing an additional 8,993 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Advanced Energy Industries by 18.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 719,867 shares of the electronics maker’s stock worth $122,478,000 after purchasing an additional 111,467 shares in the last quarter. GW&K Investment Management LLC increased its holdings in Advanced Energy Industries by 51.5% in the third quarter. GW&K Investment Management LLC now owns 699,780 shares of the electronics maker’s stock valued at $119,062,000 after buying an additional 237,895 shares during the last quarter. Finally, Analog Century Management LP purchased a new position in Advanced Energy Industries in the third quarter valued at $79,507,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.

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.