Crawford Investment Counsel Inc. reduced its holdings in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) by 15.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,883 shares of the electronics maker’s stock after selling 9,440 shares during the period. Crawford Investment Counsel Inc.’s holdings in Advanced Energy Industries were worth $10,653,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently added to or reduced their stakes in the company. Kemnay Advisory Services Inc. acquired a new position in Advanced Energy Industries during the 4th quarter valued at about $25,000. Bayforest Capital Ltd acquired a new position in Advanced Energy Industries during the 4th quarter valued at about $29,000. Twin Tree Management LP acquired a new position in shares of Advanced Energy Industries in the fourth quarter valued at about $32,000. Danske Bank A S acquired a new position in shares of Advanced Energy Industries in the third quarter valued at about $34,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Advanced Energy Industries in the third quarter valued at about $36,000. 99.67% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the company. Citigroup increased their price objective on Advanced Energy Industries from $385.00 to $410.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Susquehanna increased their price objective on Advanced Energy Industries from $375.00 to $430.00 and gave the company a “positive” rating in a report on Tuesday, May 5th. Zacks Research raised Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, May 8th. TD Cowen increased their price objective on Advanced Energy Industries from $300.00 to $350.00 and gave the company a “hold” rating in a report on Tuesday, May 5th. Finally, Wall Street Zen lowered Advanced Energy Industries from a “buy” rating to a “hold” rating in a report on Saturday. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $361.82.
Advanced Energy Industries Stock Down 5.5%
Advanced Energy Industries stock opened at $350.45 on Wednesday. The firm has a market cap of $13.33 billion, a price-to-earnings ratio of 73.78, a price-to-earnings-growth ratio of 1.59 and a beta of 1.30. Advanced Energy Industries, Inc. has a 52 week low of $123.74 and a 52 week high of $397.44. The business’s 50-day moving average price is $345.63 and its 200 day moving average price is $296.60.
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last posted its earnings results on Monday, May 4th. The electronics maker reported $2.09 EPS for the quarter, topping the consensus estimate of $1.97 by $0.12. The firm had revenue of $511.00 million for the quarter, compared to analyst estimates 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 for the quarter was up 26.3% compared to the same quarter last year. During the same period last year, the company earned $1.23 earnings per share. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Equities analysts expect that Advanced Energy Industries, Inc. will post 7.72 EPS for the current year.
Advanced Energy Industries Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, May 25th were given a dividend of $0.10 per share. The ex-dividend date was Friday, May 22nd. This represents a $0.40 dividend on an annualized basis and a yield of 0.1%. Advanced Energy Industries’s dividend payout ratio is currently 8.42%.
Insider Transactions at Advanced Energy Industries
In other Advanced Energy Industries news, EVP Elizabeth Karpinski Vonne sold 966 shares of the stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $369.40, for a total transaction of $356,840.40. Following the transaction, the executive vice president owned 11,616 shares in the company, valued at approximately $4,290,950.40. This represents a 7.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.30% of the company’s stock.
Advanced Energy Industries 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.
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