Louisiana State Employees Retirement System purchased a new stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) in the first quarter, Holdings Channel.com reports. The firm purchased 10,900 shares of the electronics maker’s stock, valued at approximately $3,518,000.
Several other institutional investors have also recently made changes to their positions in the company. Geode Capital Management LLC increased its stake in Advanced Energy Industries by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 956,979 shares of the electronics maker’s stock worth $200,393,000 after acquiring an additional 28,549 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Advanced Energy Industries by 2.2% during 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 acquiring an additional 20,573 shares during the last quarter. GW&K Investment Management LLC grew its holdings in shares of Advanced Energy Industries by 51.5% during the third 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 in the last quarter. Norges Bank purchased a new position in shares of Advanced Energy Industries during the fourth quarter worth about $123,403,000. Finally, Franklin Resources Inc. increased its position in shares of Advanced Energy Industries by 55.4% in the fourth quarter. Franklin Resources Inc. now owns 487,494 shares of the electronics maker’s stock worth $102,067,000 after purchasing an additional 173,836 shares during the last quarter. Institutional investors own 99.67% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the stock. Wells Fargo & Company lifted their target price on shares of Advanced Energy Industries from $340.00 to $345.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. Bank of America raised their price objective on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Susquehanna upped their target price on shares of Advanced Energy Industries from $375.00 to $430.00 and gave the stock a “positive” rating in a research report on Tuesday, May 5th. Needham & Company LLC increased their target price 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. Finally, Wall Street Zen upgraded Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Advanced Energy Industries presently has a consensus rating of “Moderate Buy” and an average target price of $375.45.
Advanced Energy Industries Price Performance
Shares of Advanced Energy Industries stock opened at $348.60 on Friday. The business’s 50 day simple moving average is $345.70 and its two-hundred day simple moving average is $304.65. Advanced Energy Industries, Inc. has a one year low of $128.40 and a one year high of $397.44. The stock has a market capitalization of $13.26 billion, a P/E ratio of 73.39, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30.
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last posted its earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $505.81 million. During the same period in the previous year, the firm earned $1.23 earnings per share. The business’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 7.72 earnings per share for the current fiscal year.
Advanced Energy Industries Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Monday, May 25th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Friday, May 22nd. Advanced Energy Industries’s payout ratio is presently 8.42%.
Insider Transactions at Advanced Energy Industries
In other Advanced Energy Industries news, EVP Elizabeth Karpinski Vonne sold 966 shares of the stock in a transaction on 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 directly owned 11,616 shares in the company, valued at approximately $4,290,950.40. This trade represents a 7.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.30% of the company’s stock.
Advanced Energy Industries Company Profile
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.
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