Cvfg LLC Invests $2.95 Million in Advanced Energy Industries, Inc. $AEIS

Cvfg LLC purchased a new stake in Advanced Energy Industries, Inc. (NASDAQ:AEISFree Report) during the 1st quarter, HoldingsChannel.com reports. The fund purchased 9,140 shares of the electronics maker’s stock, valued at approximately $2,950,000.

Other hedge funds have also added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. bought a new stake in Advanced Energy Industries during the 1st quarter worth approximately $29,000. Root Financial Partners LLC lifted its holdings in shares of Advanced Energy Industries by 33.3% in the first quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker’s stock valued at $35,000 after purchasing an additional 27 shares in the last quarter. Kemnay Advisory Services Inc. bought a new position in shares of Advanced Energy Industries in the fourth quarter valued at approximately $25,000. GHP Investment Advisors Inc. purchased a new position in shares of Advanced Energy Industries during the first quarter valued at approximately $40,000. Finally, Bayforest Capital Ltd bought a new stake in Advanced Energy Industries during the fourth quarter worth $29,000. Institutional investors and hedge funds own 99.67% of the company’s stock.

Insider Activity

In other Advanced Energy Industries news, EVP Elizabeth Karpinski Vonne sold 966 shares of the business’s 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 directly owned 11,616 shares in the company, valued at $4,290,950.40. The trade was a 7.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.30% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Cantor Fitzgerald increased their price target on Advanced Energy Industries from $400.00 to $450.00 and gave the company an “overweight” rating in a research report on Monday, June 29th. Wall Street Zen upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Zacks Research downgraded shares of Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 30th. Bank of America boosted their price target on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Finally, Wells Fargo & Company raised shares of Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $345.00 to $465.00 in a research report on Wednesday, July 1st. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $400.45.

Read Our Latest Stock Analysis on Advanced Energy Industries

Advanced Energy Industries Stock Performance

Shares of AEIS stock opened at $287.73 on Wednesday. The firm has a market cap of $10.94 billion, a price-to-earnings ratio of 60.57, a P/E/G ratio of 1.34 and a beta of 1.25. Advanced Energy Industries, Inc. has a 52 week low of $128.40 and a 52 week high of $397.44. The firm’s 50-day simple moving average is $338.47 and its two-hundred day simple moving average is $310.73.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last issued its quarterly earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.12. The company had revenue of $511.00 million during the quarter, compared to analyst estimates of $505.81 million. Advanced Energy Industries had a net margin of 10.00% and a return on equity of 17.99%. Advanced Energy Industries’s quarterly revenue was up 26.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.23 EPS. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Analysts forecast that Advanced Energy Industries, Inc. will post 7.72 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

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 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Friday, May 22nd. Advanced Energy Industries’s dividend payout ratio (DPR) is currently 8.42%.

About Advanced Energy Industries

(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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Institutional Ownership by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

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