Eduardo Bernal Acebedo Sells 24,771 Shares of Advanced Energy Industries (NASDAQ:AEIS) Stock

Advanced Energy Industries, Inc. (NASDAQ:AEISGet Free Report) COO Eduardo Bernal Acebedo sold 24,771 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the sale, the chief operating officer directly owned 23,109 shares in the company, valued at approximately $7,290,427.32. This represents a 51.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Advanced Energy Industries Trading Down 2.3%

Shares of AEIS opened at $285.83 on Friday. Advanced Energy Industries, Inc. has a twelve month low of $144.09 and a twelve month high of $397.44. The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $11.45 billion, a P/E ratio of 53.33 and a beta of 1.29. The firm’s 50-day moving average is $320.67 and its two-hundred day moving average is $326.38.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last posted its quarterly earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.53. The company had revenue of $574.10 million during the quarter, compared to the consensus estimate of $544.41 million. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The company’s revenue for the quarter was up 30.0% on a year-over-year basis. During the same period last year, the firm earned $1.50 EPS. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. On average, research analysts predict that Advanced Energy Industries, Inc. will post 9.18 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 24th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.40 annualized dividend and a yield of 0.1%. Advanced Energy Industries’s payout ratio is currently 7.46%.

Institutional Investors Weigh In On Advanced Energy Industries

Several hedge funds have recently made changes to their positions in the business. BlackRock Inc. purchased a new stake in shares of Advanced Energy Industries in the second quarter valued at $1,725,045,000. Bank of America Corp DE acquired a new stake in Advanced Energy Industries in the 2nd quarter worth about $382,342,000. Norges Bank purchased a new stake in Advanced Energy Industries in the 4th quarter valued at about $123,403,000. The Manufacturers Life Insurance Company purchased a new stake in Advanced Energy Industries in the 2nd quarter valued at about $166,162,000. Finally, Fuller & Thaler Asset Management Inc. increased its stake in shares of Advanced Energy Industries by 1,734.1% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 427,674 shares of the electronics maker’s stock valued at $89,542,000 after acquiring an additional 404,356 shares during the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.

Wall Street Analyst Weigh In

AEIS has been the topic of several research reports. Bank of America upped their target price on Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Wall Street Zen raised Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. TD Cowen boosted their price objective on shares of Advanced Energy Industries from $350.00 to $370.00 and gave the stock a “hold” rating in a research report on Tuesday, August 4th. Cantor Fitzgerald reissued an “overweight” rating on shares of Advanced Energy Industries in a research note on Tuesday, August 4th. Finally, Wells Fargo & Company upgraded shares of Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $345.00 to $465.00 in a report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $409.50.

View Our Latest Stock Analysis on AEIS

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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