Advanced Energy Industries (NASDAQ:AEIS) Shares Down 8.8% – Here’s What Happened

Advanced Energy Industries, Inc. (NASDAQ:AEIS) fell 8.8% on Thursday. The stock traded as low as $223.03 and last traded at $225.8050. Approximately 44,009 shares were traded during mid-day trading, a decline of 94% from the average session volume of 740,700 shares. The stock had previously closed at $247.55.

Wall Street Analyst Weigh In

AEIS has been the topic of several research analyst reports. Susquehanna boosted their target price on Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a research note on Tuesday, June 30th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Advanced Energy Industries in a research note on Wednesday, August 26th. Seaport Research Partners upgraded shares of Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 price target on the stock in a report on Tuesday, August 4th. Wall Street Zen raised shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Finally, Needham & Company LLC restated a “buy” rating and issued a $400.00 price objective on shares of Advanced Energy Industries in a 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 given a Hold rating to the company. Based on data from MarketBeat.com, Advanced Energy Industries presently has an average rating of “Moderate Buy” and an average target price of $409.50.

Advanced Energy Industries Trading Down 12.5%

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 company has a market cap of $8.68 billion, a PE ratio of 40.42 and a beta of 1.31. The stock has a 50 day moving average price of $279.22 and a 200 day moving average price of $314.73.

Advanced Energy Industries (NASDAQ:AEIS) last issued its quarterly earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, topping the consensus estimate of $2.21 by $0.53. The company had revenue of $574.10 million for the quarter, compared to analysts’ expectations of $544.41 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%. The firm’s revenue for the quarter was up 30.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.50 earnings per share. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Sell-side analysts predict that Advanced Energy Industries, Inc. will post 9.53 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Monday, August 24th were given a $0.10 dividend. The ex-dividend date of this dividend was Monday, August 24th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. Advanced Energy Industries’s dividend payout ratio is currently 7.46%.

Insider Activity

In related news, COO Eduardo Acebedo sold 24,771 shares of the business’s stock in a transaction dated 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 sale, the chief operating officer owned 23,109 shares of the company’s stock, valued at $7,290,427.32. The trade was a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Elizabeth Vonne sold 908 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was 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 owned 10,712 shares in the company, valued at approximately $3,563,668.16. This trade represents a 7.81% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 27,218 shares of company stock valued at $8,562,008. 1.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Advanced Energy Industries

Institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. purchased a new position in shares of Advanced Energy Industries during the second quarter valued at approximately $1,725,045,000. Bank of America Corp DE bought a new stake in shares of Advanced Energy Industries in the 2nd quarter worth approximately $382,342,000. The Manufacturers Life Insurance Company bought a new stake in shares of Advanced Energy Industries in the 2nd quarter worth approximately $166,162,000. Bank of New York Mellon Corp purchased a new stake in shares of Advanced Energy Industries in the 2nd quarter worth approximately $95,719,000. Finally, Bamco Inc. NY purchased a new stake in shares of Advanced Energy Industries in the 2nd quarter worth approximately $51,966,000. Institutional investors own 99.67% of the company’s stock.

About Advanced Energy Industries

Advanced Energy Industries, Inc develops and manufactures precision power-conversion, measurement and control technologies. Its products are designed to regulate, transform and deliver electrical power with high levels of accuracy and reliability in demanding industrial applications.

The company’s portfolio includes direct-current and alternating-current power supplies, radio-frequency power systems, high-voltage power supplies, thermal-management equipment, power control modules, and measurement and control instruments.