Castleark Management LLC Takes $6.04 Million Position in Advanced Energy Industries, Inc. $AEIS

Castleark Management LLC acquired a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 16,193 shares of the electronics maker’s stock, valued at approximately $6,038,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Advanced Energy Industries in the second quarter valued at $1,725,045,000. Norges Bank acquired a new stake in Advanced Energy Industries during the 4th quarter worth about $123,403,000. The Manufacturers Life Insurance Company acquired a new stake in Advanced Energy Industries during the 2nd quarter worth about $166,162,000. Fuller & Thaler Asset Management Inc. raised its position in shares of Advanced Energy Industries by 1,734.1% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 427,674 shares of the electronics maker’s stock worth $89,542,000 after acquiring an additional 404,356 shares in the last quarter. Finally, Wellington Management Group LLP bought a new position in shares of Advanced Energy Industries in the 3rd quarter worth about $50,173,000. 99.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on AEIS shares. Citigroup upped their target price on Advanced Energy Industries from $435.00 to $460.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Susquehanna lifted their target price on Advanced Energy Industries from $430.00 to $535.00 and gave the stock a “positive” rating in a report on Tuesday, June 30th. Bank of America boosted their price target on Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Zacks Research upgraded Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $409.50.

Advanced Energy Industries Stock Performance

Shares of AEIS opened at $275.43 on Wednesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.79 and a quick ratio of 2.94. The stock has a 50-day moving average of $317.25 and a 200-day moving average of $327.07. The company has a market cap of $11.03 billion, a PE ratio of 51.39 and a beta of 1.29. Advanced Energy Industries, Inc. has a one year low of $144.09 and a one year high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates of $2.21 by $0.53. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The business had revenue of $574.10 million for the quarter, compared to the consensus estimate of $544.41 million. During the same period in the prior year, the business earned $1.50 EPS. The firm’s revenue for the quarter was up 30.0% on a year-over-year basis. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. On average, equities research analysts predict that Advanced Energy Industries, Inc. will post 9.18 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

The company 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 $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 Monday, August 24th. Advanced Energy Industries’s dividend payout ratio (DPR) is currently 7.46%.

Insider Buying and Selling at Advanced Energy Industries

In other Advanced Energy Industries news, COO Eduardo Bernal Acebedo sold 24,771 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the completion of the sale, the chief operating officer owned 23,109 shares in the company, valued at approximately $7,290,427.32. The trade was a 51.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Elizabeth Karpinski Vonne sold 908 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $332.68, for a total transaction of $302,073.44. Following the transaction, the executive vice president owned 10,712 shares in the company, valued at approximately $3,563,668.16. The trade was a 7.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.30% of the company’s stock.

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.