Advanced Energy Industries, Inc. (NASDAQ:AEIS – Get Free Report)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $350.94 and last traded at $349.9580, with a volume of 201699 shares traded. The stock had previously closed at $329.78.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Energy Industries in a research report on Monday, December 29th. Wells Fargo & Company lifted their target price on Advanced Energy Industries from $225.00 to $300.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 11th. Zacks Research raised Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, February 13th. Wall Street Zen upgraded Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Finally, Stifel Nicolaus raised their price objective on Advanced Energy Industries from $310.00 to $325.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Advanced Energy Industries currently has an average rating of “Moderate Buy” and an average target price of $314.00.
Read Our Latest Research Report on AEIS
Advanced Energy Industries Stock Down 5.0%
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last released its earnings results on Tuesday, February 10th. The electronics maker reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.18. The company had revenue of $489.40 million for the quarter, compared to analysts’ expectations of $473.12 million. Advanced Energy Industries had a net margin of 8.25% and a return on equity of 15.72%. Advanced Energy Industries’s revenue for the quarter was up 17.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.30 EPS. Advanced Energy Industries has set its Q1 2026 guidance at 1.690-2.190 EPS. On average, analysts forecast that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current year.
Advanced Energy Industries Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, February 23rd were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, February 23rd. Advanced Energy Industries’s payout ratio is presently 10.47%.
Insider Transactions at Advanced Energy Industries
In other Advanced Energy Industries news, Director Lanesha Minnix sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $316.62, for a total value of $316,620.00. Following the completion of the transaction, the director directly owned 4,585 shares in the company, valued at $1,451,702.70. This represents a 17.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Paul R. Oldham sold 4,314 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $315.99, for a total value of $1,363,180.86. Following the completion of the transaction, the executive vice president owned 22,217 shares of the company’s stock, valued at $7,020,349.83. The trade was a 16.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 57,512 shares of company stock valued at $18,210,172. 1.20% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Advanced Energy Industries
Several hedge funds have recently modified their holdings of AEIS. Lisanti Capital Growth LLC purchased a new stake in Advanced Energy Industries in the 3rd quarter worth $3,464,000. Fisher Asset Management LLC grew its position in shares of Advanced Energy Industries by 80.4% during the second quarter. Fisher Asset Management LLC now owns 273,993 shares of the electronics maker’s stock valued at $36,304,000 after purchasing an additional 122,094 shares in the last quarter. Tributary Capital Management LLC lifted its position in shares of Advanced Energy Industries by 92.5% in the third quarter. Tributary Capital Management LLC now owns 344,654 shares of the electronics maker’s stock worth $58,639,000 after buying an additional 165,655 shares in the last quarter. Rhumbline Advisers boosted its stake in Advanced Energy Industries by 3.4% during the second quarter. Rhumbline Advisers now owns 113,228 shares of the electronics maker’s stock valued at $15,003,000 after buying an additional 3,770 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Advanced Energy Industries by 6.8% during the third quarter. Envestnet Asset Management Inc. now owns 262,517 shares of the electronics maker’s stock valued at $44,665,000 after buying an additional 16,607 shares during the last quarter. Hedge funds and other institutional investors own 99.67% 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.
Further Reading
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