Advanced Energy Industries (NASDAQ:AEIS) Hits New 12-Month High – Time to Buy?

Advanced Energy Industries, Inc. (NASDAQ:AEISGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $264.17 and last traded at $264.78, with a volume of 313907 shares traded. The stock had previously closed at $250.95.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Susquehanna upgraded shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Robert W. Baird set a $190.00 price target on shares of Advanced Energy Industries in a research note on Monday, October 27th. Stifel Nicolaus increased their price objective on Advanced Energy Industries from $230.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Wall Street Zen lowered Advanced Energy Industries from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 18th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Advanced Energy Industries in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $255.50.

Check Out Our Latest Analysis on Advanced Energy Industries

Advanced Energy Industries Stock Down 4.9%

The company has a quick ratio of 3.01, a current ratio of 4.10 and a debt-to-equity ratio of 0.43. The stock has a market cap of $9.90 billion, a PE ratio of 68.82, a price-to-earnings-growth ratio of 1.33 and a beta of 1.39. The firm has a fifty day moving average of $220.99 and a 200 day moving average of $185.82.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last released its quarterly earnings data on Tuesday, November 4th. The electronics maker reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $463.30 million during the quarter, compared to analysts’ expectations of $441.54 million. During the same period in the prior year, the firm posted $0.98 EPS. The business’s quarterly 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. On average, equities research analysts anticipate that Advanced Energy Industries, Inc. will post 3.66 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Monday, November 24th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend 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 presently 10.50%.

Insider Activity at Advanced Energy Industries

In other Advanced Energy Industries news, Director Tina Donikowski sold 2,257 shares of the company’s stock in a transaction on 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 transaction, the director owned 8,248 shares in the company, valued at $1,734,801.84. This represents a 21.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Paul R. Oldham sold 8,174 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president directly owned 24,792 shares in the company, valued at approximately $5,035,503.12. The trade was a 24.80% decrease in their position. The SEC filing for this sale provides additional information. 1.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Advanced Energy Industries

A number of institutional investors and hedge funds have recently made changes to their positions in AEIS. Rhumbline Advisers increased its holdings in shares of Advanced Energy Industries by 3.4% in the 2nd quarter. Rhumbline Advisers now owns 113,228 shares of the electronics maker’s stock valued at $15,003,000 after purchasing an additional 3,770 shares in the last quarter. Fisher Asset Management LLC grew its holdings in Advanced Energy Industries by 80.4% in the second quarter. Fisher Asset Management LLC now owns 273,993 shares of the electronics maker’s stock valued at $36,304,000 after purchasing an additional 122,094 shares during the last quarter. Tributary Capital Management LLC increased its position in shares of Advanced Energy Industries by 92.5% in the third quarter. Tributary Capital Management LLC now owns 344,654 shares of the electronics maker’s stock valued at $58,639,000 after buying an additional 165,655 shares in the last quarter. Blair William & Co. IL acquired a new position in shares of Advanced Energy Industries during the 2nd quarter worth $253,000. Finally, US Bancorp DE raised its stake in shares of Advanced Energy Industries by 67.6% during the 2nd quarter. US Bancorp DE now owns 8,142 shares of the electronics maker’s stock worth $1,079,000 after buying an additional 3,285 shares during the last quarter. 99.67% of the stock is owned by hedge funds and other institutional investors.

About Advanced Energy Industries

(Get Free Report)

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.

Further Reading

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