Cookson Peirce & Co. Inc. Trims Stock Holdings in Advanced Energy Industries, Inc. $AEIS

Cookson Peirce & Co. Inc. lessened its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 54.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,459 shares of the electronics maker’s stock after selling 7,609 shares during the period. Cookson Peirce & Co. Inc.’s holdings in Advanced Energy Industries were worth $2,408,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in AEIS. Keybank National Association OH bought a new position in shares of Advanced Energy Industries in the fourth quarter valued at approximately $644,000. PDT Partners LLC bought a new stake in Advanced Energy Industries during the second quarter valued at about $23,188,000. Wolverine Asset Management LLC acquired a new stake in shares of Advanced Energy Industries in the fourth quarter valued at about $1,107,000. Comerica Bank grew its position in shares of Advanced Energy Industries by 46.9% in the fourth quarter. Comerica Bank now owns 19,938 shares of the electronics maker’s stock valued at $4,174,000 after purchasing an additional 6,361 shares during the last quarter. Finally, Reinhart Partners LLC. bought a new position in shares of Advanced Energy Industries in the second quarter worth about $3,433,000. 99.67% of the stock is currently owned by institutional investors.

Advanced Energy Industries Stock Performance

Shares of Advanced Energy Industries stock opened at $272.82 on Friday. The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78. The stock’s fifty day moving average price is $312.14 and its 200-day moving average price is $326.96. The firm has a market cap of $10.93 billion, a P/E ratio of 50.90 and a beta of 1.29. Advanced Energy Industries, Inc. has a 12 month low of $144.09 and a 12 month high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings data 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 net margin of 10.77% and a return on equity of 20.75%. The company had revenue of $574.10 million during the quarter, compared to analyst estimates of $544.41 million. During the same period in the prior year, the firm earned $1.50 earnings per share. The firm’s revenue for the quarter was up 30.0% compared to the same quarter last year. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. On average, equities research analysts expect that Advanced Energy Industries, Inc. will post 9.5 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 24th will be given 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 is 7.46%.

Insider Buying and Selling

In related news, COO Eduardo Bernal Acebedo sold 24,771 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total value of $7,814,755.08. Following the completion of the sale, the chief operating officer owned 23,109 shares of the company’s stock, valued at approximately $7,290,427.32. This represents a 51.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Elizabeth Karpinski Vonne sold 908 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $332.68, for a total transaction of $302,073.44. Following the completion of the sale, the executive vice president directly owned 10,712 shares of the company’s stock, valued at approximately $3,563,668.16. This trade represents a 7.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 26,586 shares of company stock worth $8,379,904 over the last three months. Corporate insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Zacks Research raised Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. Morgan Stanley lifted their price target on shares of Advanced Energy Industries from $421.00 to $439.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Susquehanna upped their price target on Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a research report on Tuesday, June 30th. Needham & Company LLC restated a “buy” rating and issued a $400.00 price target on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. Finally, 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 report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Advanced Energy Industries has a consensus rating of “Moderate Buy” and an average target price of $409.50.

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.