Snyder Capital Management L P Sells 70,930 Shares of Advanced Energy Industries, Inc. $AEIS

Snyder Capital Management L P cut its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 16.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 369,744 shares of the electronics maker’s stock after selling 70,930 shares during the quarter. Snyder Capital Management L P’s holdings in Advanced Energy Industries were worth $62,908,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Bank of America Corp DE raised its position in shares of Advanced Energy Industries by 2.2% during 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. Geode Capital Management LLC increased its position in 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 valued at $122,663,000 after purchasing an additional 8,993 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in Advanced Energy Industries by 18.3% during the 3rd 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 during the last quarter. GW&K Investment Management LLC lifted its position in shares of Advanced Energy Industries by 51.5% in the 3rd quarter. GW&K Investment Management LLC now owns 699,780 shares of the electronics maker’s stock worth $119,062,000 after purchasing an additional 237,895 shares during the period. Finally, Norges Bank acquired a new position in shares of Advanced Energy Industries in the 2nd quarter worth approximately $58,766,000. Institutional investors and hedge funds own 99.67% of the company’s stock.

Insiders Place Their Bets

In other Advanced Energy Industries news, Director Lanesha Minnix sold 1,000 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $316.62, for a total transaction of $316,620.00. Following the transaction, the director owned 4,585 shares in the company, valued at approximately $1,451,702.70. This represents a 17.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Elizabeth Karpinski Vonne sold 964 shares of the firm’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $328.42, for a total transaction of $316,596.88. Following the completion of the transaction, the executive vice president directly owned 11,683 shares in the company, valued at $3,836,930.86. This trade represents a 7.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.20% of the company’s stock.

Advanced Energy Industries Price Performance

AEIS stock opened at $330.54 on Thursday. The company’s 50-day moving average is $270.58 and its 200-day moving average is $216.53. The stock has a market capitalization of $12.48 billion, a PE ratio of 86.53, a price-to-earnings-growth ratio of 2.42 and a beta of 1.35. Advanced Energy Industries, Inc. has a 1 year low of $75.01 and a 1 year high of $350.00.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings results on Tuesday, February 10th. The electronics maker reported $1.94 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.18. The business had revenue of $489.40 million for the quarter, compared to the consensus estimate of $473.12 million. Advanced Energy Industries had a return on equity of 15.72% and a net margin of 8.25%.The firm’s revenue for the quarter was up 17.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.30 EPS. Advanced Energy Industries has set its Q1 2026 guidance at 1.690-2.190 EPS. On average, analysts anticipate that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Monday, February 23rd will be given a $0.10 dividend. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $0.40 annualized dividend and a yield of 0.1%. Advanced Energy Industries’s dividend payout ratio (DPR) is presently 10.47%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on AEIS shares. Wall Street Zen downgraded shares of Advanced Energy Industries from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Robert W. Baird set a $315.00 price target on Advanced Energy Industries in a report on Thursday, February 12th. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Energy Industries in a research note on Monday, December 29th. Wells Fargo & Company upped their target price on Advanced Energy Industries from $225.00 to $300.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 11th. Finally, Benchmark lifted their target price on Advanced Energy Industries from $150.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Advanced Energy Industries currently has an average rating of “Moderate Buy” and an average price target of $308.50.

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.