Advanced Energy Industries, Inc. $AEIS Shares Sold by Truist Financial Corp

Truist Financial Corp reduced its holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 69.6% during the 4th quarter, Holdings Channel reports. The fund owned 8,149 shares of the electronics maker’s stock after selling 18,631 shares during the quarter. Truist Financial Corp’s holdings in Advanced Energy Industries were worth $1,706,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in AEIS. Royal Bank of Canada increased its position in Advanced Energy Industries by 16.5% in the 1st quarter. Royal Bank of Canada now owns 11,155 shares of the electronics maker’s stock valued at $1,063,000 after acquiring an additional 1,578 shares during the period. Advisors Asset Management Inc. raised its stake in shares of 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 purchasing an additional 174 shares in the last quarter. AQR Capital Management LLC bought a new stake in shares of Advanced Energy Industries during the first quarter valued at about $468,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of 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 valued at $2,123,000 after purchasing an additional 970 shares in the last quarter. Finally, United Services Automobile Association bought a new stake in shares of Advanced Energy Industries during the first quarter valued at about $228,000. 99.67% of the stock is currently owned by institutional investors and hedge funds.

Advanced Energy Industries Stock Up 1.6%

NASDAQ:AEIS opened at $344.60 on Friday. The business’s 50-day moving average price is $344.35 and its 200 day moving average price is $277.93. The firm has a market cap of $13.11 billion, a P/E ratio of 72.55, a PEG ratio of 1.52 and a beta of 1.40. Advanced Energy Industries, Inc. has a 52-week low of $112.25 and a 52-week high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last released its earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.97 by $0.12. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.The firm had revenue of $511.00 million for the quarter, compared to analyst estimates of $505.81 million. During the same period in the previous year, the company earned $1.23 earnings per share. Advanced Energy Industries’s revenue was up 26.3% compared to the same quarter last year. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Sell-side analysts expect that Advanced Energy Industries, Inc. will post 7.4 EPS for the current year.

Advanced Energy Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Monday, May 25th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Friday, May 22nd. Advanced Energy Industries’s payout ratio is presently 8.42%.

Insider Buying and Selling at Advanced Energy Industries

In related news, CEO Stephen Douglas Kelley sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $316.62, for a total value of $15,831,000.00. Following the sale, the chief executive officer directly owned 80,376 shares in the company, valued at $25,448,649.12. The trade was a 38.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Paul R. Oldham sold 4,314 shares of the stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $315.99, for a total value of $1,363,180.86. Following the sale, the executive vice president owned 22,217 shares of the company’s stock, valued at $7,020,349.83. This trade represents a 16.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 57,478 shares of company stock valued at $18,250,393 over the last quarter. Company insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on AEIS shares. Citigroup lifted their price objective on shares of Advanced Energy Industries from $385.00 to $410.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Stifel Nicolaus upped their price target on shares of Advanced Energy Industries from $310.00 to $325.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Robert W. Baird upped their price target on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. TD Cowen upped their price target on shares of Advanced Energy Industries from $300.00 to $350.00 and gave the stock a “hold” rating in a research note on Tuesday, May 5th. Finally, Bank of America upped their price target on shares of Advanced Energy Industries from $260.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Advanced Energy Industries has a consensus rating of “Moderate Buy” and a consensus price target of $358.00.

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.