Advanced Energy Industries (NASDAQ:AEIS) Stock Price Up 8.4% – Here’s Why

Advanced Energy Industries, Inc. (NASDAQ:AEISGet Free Report)’s stock price rose 8.4% during mid-day trading on Thursday . The company traded as high as $332.59 and last traded at $334.1920. Approximately 53,209 shares were traded during trading, a decline of 93% from the average daily volume of 779,151 shares. The stock had previously closed at $308.17.

Wall Street Analyst Weigh In

AEIS has been the subject of a number of recent analyst reports. Weiss Ratings downgraded Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. TD Cowen raised their price objective on Advanced Energy Industries from $300.00 to $350.00 and gave the stock a “hold” rating in a research report on Tuesday, May 5th. Wall Street Zen downgraded Advanced Energy Industries from a “buy” rating to a “hold” rating in a research report on Saturday. Wells Fargo & Company raised their price objective on Advanced Energy Industries from $340.00 to $345.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. Finally, Robert W. Baird raised their price objective on Advanced Energy Industries from $360.00 to $380.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Advanced Energy Industries currently has a consensus rating of “Moderate Buy” and a consensus target price of $361.82.

Check Out Our Latest Stock Report on Advanced Energy Industries

Advanced Energy Industries Stock Performance

The company has a market capitalization of $13.48 billion, a price-to-earnings ratio of 74.60, a P/E/G ratio of 1.48 and a beta of 1.30. The firm has a 50-day simple moving average of $344.50 and a two-hundred day simple moving average of $293.83.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last released its earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.12. The company had revenue of $511.00 million during the quarter, compared to the consensus estimate of $505.81 million. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.Advanced Energy Industries’s revenue was up 26.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.23 EPS. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. As a group, equities analysts forecast that Advanced Energy Industries, Inc. will post 7.65 EPS for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, May 25th were 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 was Friday, May 22nd. Advanced Energy Industries’s payout ratio is currently 8.42%.

Insider Activity

In other Advanced Energy Industries news, EVP Paul R. Oldham sold 4,314 shares of Advanced Energy Industries 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 completion of the transaction, the executive vice president directly owned 22,217 shares of the company’s stock, valued at $7,020,349.83. The trade was a 16.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Elizabeth Karpinski Vonne sold 966 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $369.40, for a total value of $356,840.40. Following the transaction, the executive vice president directly owned 11,616 shares of the company’s stock, valued at approximately $4,290,950.40. This represents a 7.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Advanced Energy Industries

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Root Financial Partners LLC grew its position in shares of Advanced Energy Industries by 33.3% during the first quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker’s stock worth $35,000 after buying an additional 27 shares in the last quarter. Allworth Financial LP grew its position in shares of Advanced Energy Industries by 9.2% during the third quarter. Allworth Financial LP now owns 582 shares of the electronics maker’s stock worth $99,000 after buying an additional 49 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its position in shares of Advanced Energy Industries by 4.5% during the first quarter. Fifth Third Wealth Advisors LLC now owns 1,191 shares of the electronics maker’s stock worth $384,000 after buying an additional 51 shares in the last quarter. Cullen Frost Bankers Inc. grew its position in shares of Advanced Energy Industries by 40.6% during the fourth quarter. Cullen Frost Bankers Inc. now owns 194 shares of the electronics maker’s stock worth $41,000 after buying an additional 56 shares in the last quarter. Finally, CIBC Private Wealth Group LLC grew its position in shares of Advanced Energy Industries by 6.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 906 shares of the electronics maker’s stock worth $190,000 after buying an additional 58 shares in the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.

Advanced Energy Industries Company Profile

(Get Free Report)

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.

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