Persistent Asset Partners Ltd purchased a new stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,747 shares of the electronics maker’s stock, valued at approximately $2,143,000.
Other large investors have also recently modified their holdings of the company. Kemnay Advisory Services Inc. purchased a new position in Advanced Energy Industries during the 4th quarter worth $25,000. Bayforest Capital Ltd purchased a new stake in shares of Advanced Energy Industries in the 4th quarter worth $29,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of Advanced Energy Industries in the 1st quarter worth $29,000. Twin Tree Management LP bought a new position in shares of Advanced Energy Industries during the 4th quarter worth $32,000. Finally, Danske Bank A S bought a new position in shares of Advanced Energy Industries during the 3rd quarter worth $34,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the company. TD Cowen raised their price target on Advanced Energy Industries from $350.00 to $370.00 and gave the company a “hold” rating in a research note on Tuesday, August 4th. KeyCorp increased their target price on shares of Advanced Energy Industries from $375.00 to $415.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Bank of America raised their target price 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. Weiss Ratings lowered shares of Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 29th. Finally, Susquehanna upped their price target on shares of Advanced Energy Industries from $430.00 to $535.00 and gave the stock a “positive” rating in a research report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Advanced Energy Industries presently has a consensus rating of “Moderate Buy” and a consensus target price of $409.50.
Advanced Energy Industries Stock Performance
Advanced Energy Industries stock opened at $330.26 on Monday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.94 and a current ratio of 3.79. The stock has a market cap of $13.23 billion, a PE ratio of 61.62 and a beta of 1.29. The stock has a 50-day moving average of $322.37 and a two-hundred day moving average of $325.24. Advanced Energy Industries, Inc. has a one year low of $143.38 and a one year high of $397.44.
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.53. The firm had revenue of $574.10 million for the quarter, compared to analyst estimates of $544.41 million. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The business’s quarterly revenue was up 30.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.50 earnings per share. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. On average, research analysts anticipate that Advanced Energy Industries, Inc. will post 9.18 EPS for the current fiscal year.
Advanced Energy Industries Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 24th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, August 24th. Advanced Energy Industries’s dividend payout ratio (DPR) is 7.46%.
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.
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