Norges Bank Makes New $123.40 Million Investment in Advanced Energy Industries, Inc. $AEIS

Norges Bank acquired a new stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 589,400 shares of the electronics maker’s stock, valued at approximately $123,403,000.

Other large investors have also recently made changes to their positions in the company. Bayforest Capital Ltd purchased a new stake in shares of Advanced Energy Industries in the fourth quarter worth about $29,000. Danske Bank A S bought a new position in Advanced Energy Industries during the third quarter valued at approximately $34,000. Measured Wealth Private Client Group LLC purchased a new position in Advanced Energy Industries during the 3rd quarter valued at approximately $36,000. Cullen Frost Bankers Inc. grew its holdings in Advanced Energy Industries by 40.6% during the 4th quarter. Cullen Frost Bankers Inc. now owns 194 shares of the electronics maker’s stock valued at $41,000 after buying an additional 56 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in Advanced Energy Industries by 67.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 312 shares of the electronics maker’s stock worth $41,000 after acquiring an additional 126 shares during the last quarter. 99.67% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Advanced Energy Industries news, EVP Elizabeth Karpinski Vonne sold 966 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $369.40, for a total value of $356,840.40. Following the sale, the executive vice president owned 11,616 shares in the company, valued at $4,290,950.40. This trade represents a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Brian Shirley sold 1,234 shares of Advanced Energy Industries stock in a transaction on Friday, March 13th. The stock was sold at an average price of $310.19, for a total value of $382,774.46. Following the sale, the director owned 5,584 shares of the company’s stock, valued at approximately $1,732,100.96. This trade represents a 18.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 56,514 shares of company stock worth $17,933,796. Insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Citigroup upped their price objective on Advanced Energy Industries from $385.00 to $410.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. KeyCorp boosted their price target on shares of Advanced Energy Industries from $375.00 to $415.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Zacks Research raised shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 8th. Robert W. Baird increased their price objective on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Finally, Needham & Company LLC lifted their price objective on shares of Advanced Energy Industries from $330.00 to $400.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $358.00.

Advanced Energy Industries Price Performance

Advanced Energy Industries stock opened at $320.92 on Friday. The firm has a market capitalization of $12.20 billion, a P/E ratio of 67.56, a price-to-earnings-growth ratio of 1.40 and a beta of 1.30. Advanced Energy Industries, Inc. has a 1-year low of $118.77 and a 1-year high of $397.44. The company’s 50-day moving average is $344.61 and its 200 day moving average is $289.33.

Advanced Energy Industries (NASDAQ:AEIS) last released its earnings results on Monday, May 4th. The electronics maker reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $1.97 by $0.12. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.The firm had revenue of $511.00 million for the quarter, compared to analysts’ expectations of $505.81 million. During the same quarter in the prior year, the firm posted $1.23 earnings per share. The company’s quarterly revenue was up 26.3% on a year-over-year basis. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Research analysts anticipate that Advanced Energy Industries, Inc. will post 7.65 earnings per share for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Monday, May 25th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Friday, May 22nd. Advanced Energy Industries’s dividend payout ratio is 8.42%.

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.