Advanced Energy Industries (NASDAQ:AEIS) Price Target Raised to $360.00 at Robert W. Baird

Advanced Energy Industries (NASDAQ:AEIS) had its price objective raised by equities researchers at Robert W. Baird from $315.00 to $360.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has an “outperform” rating on the electronics maker’s stock. Robert W. Baird’s price objective would suggest a potential upside of 15.85% from the company’s previous close.

Several other research firms also recently weighed in on AEIS. Needham & Company LLC lifted their target price on shares of Advanced Energy Industries from $290.00 to $330.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Bank of America lifted their price objective on shares of Advanced Energy Industries from $260.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of Advanced Energy Industries in a research report on Friday. Citigroup raised their price target on Advanced Energy Industries from $330.00 to $385.00 and gave the stock a “buy” rating in a report on Friday, March 20th. Finally, KeyCorp lifted their price target on Advanced Energy Industries from $330.00 to $375.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $318.50.

Advanced Energy Industries Stock Performance

Shares of NASDAQ:AEIS opened at $310.76 on Monday. Advanced Energy Industries has a fifty-two week low of $75.01 and a fifty-two week high of $360.00. The company’s 50-day moving average is $301.65 and its 200 day moving average is $236.73. The company has a market capitalization of $11.76 billion, a P/E ratio of 81.35, a price-to-earnings-growth ratio of 2.28 and a beta of 1.35.

Advanced Energy Industries (NASDAQ:AEIS) 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. Advanced Energy Industries had a net margin of 8.25% and a return on equity of 15.72%. The firm had revenue of $489.40 million for the quarter, compared to analysts’ expectations of $473.12 million. During the same period in the previous year, the company earned $1.30 earnings per share. The company’s quarterly revenue was up 17.8% on a year-over-year basis. Advanced Energy Industries has set its Q1 2026 guidance at 1.690-2.190 EPS. As a group, research analysts predict that Advanced Energy Industries will post 3.66 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Elizabeth Karpinski Vonne sold 964 shares of Advanced Energy Industries stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $328.42, for a total transaction of $316,596.88. Following the completion of the sale, the executive vice president owned 11,683 shares of the company’s stock, valued at approximately $3,836,930.86. This trade represents a 7.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Paul R. Oldham sold 4,314 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president owned 22,217 shares of the company’s stock, valued at approximately $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 ninety days, insiders sold 57,512 shares of company stock worth $18,210,172. Company insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On Advanced Energy Industries

Several hedge funds have recently bought and sold shares of AEIS. Royal Bank of Canada increased its stake in Advanced Energy Industries by 16.5% in the first quarter. Royal Bank of Canada now owns 11,155 shares of the electronics maker’s stock valued at $1,063,000 after acquiring an additional 1,578 shares during the last quarter. Advisors Asset Management Inc. lifted its position in Advanced Energy Industries by 47.7% in the 1st quarter. Advisors Asset Management Inc. now owns 539 shares of the electronics maker’s stock worth $51,000 after buying an additional 174 shares during the last quarter. AQR Capital Management LLC bought a new position in Advanced Energy Industries during the first quarter valued at approximately $468,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Advanced Energy Industries by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,278 shares of the electronics maker’s stock valued at $2,123,000 after acquiring an additional 970 shares during the last quarter. Finally, United Services Automobile Association purchased a new position in shares of Advanced Energy Industries during the first quarter worth approximately $228,000. 99.67% of the stock is currently owned by institutional investors.

Advanced Energy Industries Company Profile

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.