Advanced Energy Industries, Inc. $AEIS Shares Sold by Legal & General Group Plc

Legal & General Group Plc lessened its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 4.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 95,136 shares of the electronics maker’s stock after selling 4,329 shares during the period. Legal & General Group Plc’s holdings in Advanced Energy Industries were worth $19,919,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE grew its position in Advanced Energy Industries by 2.2% in 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 period. GW&K Investment Management LLC raised its position 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 purchasing an additional 237,895 shares during the period. Analog Century Management LP acquired a new position in shares of Advanced Energy Industries in the 3rd quarter valued at $79,507,000. Bamco Inc. NY lifted its stake in shares of Advanced Energy Industries by 5.0% in the 3rd quarter. Bamco Inc. NY now owns 391,985 shares of the electronics maker’s stock valued at $66,692,000 after purchasing an additional 18,740 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in shares of Advanced Energy Industries by 35.4% in the 3rd quarter. Franklin Resources Inc. now owns 313,658 shares of the electronics maker’s stock valued at $53,239,000 after purchasing an additional 82,060 shares during the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.

Advanced Energy Industries Stock Performance

NASDAQ:AEIS opened at $302.18 on Monday. The firm has a market cap of $11.49 billion, a PE ratio of 63.62, a price-to-earnings-growth ratio of 1.31 and a beta of 1.30. The stock has a fifty day moving average price of $346.22 and a 200 day moving average price of $286.39. Advanced Energy Industries, Inc. has a 12-month low of $112.68 and a 12-month 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, beating analysts’ consensus estimates of $1.97 by $0.12. The firm had revenue of $511.00 million during the quarter, compared to analyst estimates of $505.81 million. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.Advanced Energy Industries’s revenue was up 26.3% compared to the same quarter last year. During the same period last year, the business posted $1.23 earnings per share. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Equities analysts forecast that Advanced Energy Industries, Inc. will post 7.65 EPS for the current year.

Advanced Energy Industries Announces Dividend

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

Insider Activity at Advanced Energy Industries

In other news, EVP Elizabeth Karpinski Vonne sold 966 shares of Advanced Energy Industries stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $369.40, for a total transaction of $356,840.40. Following the sale, the executive vice president owned 11,616 shares in the company, valued at approximately $4,290,950.40. The trade was a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Paul R. Oldham sold 4,314 shares of Advanced Energy Industries stock in a transaction dated Wednesday, March 18th. The stock was 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 in the company, valued at $7,020,349.83. This trade represents a 16.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 56,514 shares of company stock valued at $17,933,796 in the last ninety days. 1.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on AEIS. Needham & Company LLC upped their price target on Advanced Energy Industries from $330.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Stifel Nicolaus upped their price target on Advanced Energy Industries from $310.00 to $325.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Weiss Ratings lowered Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Wells Fargo & Company upped their price target on Advanced Energy Industries from $340.00 to $345.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 5th. Finally, Robert W. Baird upped their price target on Advanced Energy Industries from $360.00 to $380.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.