VIRGINIA RETIREMENT SYSTEMS ET Al Buys New Position in Advanced Energy Industries, Inc. $AEIS

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 15,462 shares of the electronics maker’s stock, valued at approximately $5,765,000.

A number of other large investors have also recently bought and sold shares of AEIS. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Advanced Energy Industries in the second quarter valued at approximately $27,000. Whittier Trust Co. of Nevada Inc. acquired a new position in Advanced Energy Industries during the first quarter worth $29,000. Root Financial Partners LLC boosted its holdings in 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 purchasing an additional 27 shares during the last quarter. Meeder Asset Management Inc. bought a new position in Advanced Energy Industries in the second quarter valued at $42,000. Finally, Kemnay Advisory Services Inc. bought a new position in Advanced Energy Industries in the fourth quarter valued at $25,000. Institutional investors and hedge funds own 99.67% of the company’s stock.

Insiders Place Their Bets

In other Advanced Energy Industries news, COO Eduardo Acebedo sold 24,771 shares of Advanced Energy Industries stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the completion of the transaction, the chief operating officer directly owned 23,109 shares of the company’s stock, valued at $7,290,427.32. The trade was a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Elizabeth Vonne sold 907 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $290.05, for a total transaction of $263,075.35. Following the completion of the transaction, the executive vice president owned 9,805 shares in the company, valued at approximately $2,843,940.25. This represents a 8.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 26,586 shares of company stock worth $8,379,904. 1.30% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Wells Fargo & Company raised shares of Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $345.00 to $465.00 in a research report on Wednesday, July 1st. Morgan Stanley lifted their target price on Advanced Energy Industries from $421.00 to $439.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Advanced Energy Industries in a report on Wednesday, August 26th. Cantor Fitzgerald reissued an “overweight” rating on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. Finally, Susquehanna raised their price target on Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a research note on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Advanced Energy Industries presently has an average rating of “Moderate Buy” and a consensus price target of $409.50.

Advanced Energy Industries Stock Up 2.8%

Shares of AEIS stock opened at $288.72 on Wednesday. Advanced Energy Industries, Inc. has a 52-week low of $151.95 and a 52-week high of $397.44. The stock has a market cap of $11.56 billion, a price-to-earnings ratio of 53.87 and a beta of 1.31. The firm’s 50-day moving average is $299.72 and its 200-day moving average is $325.68. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.94 and a current ratio of 3.79.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings results on Monday, August 3rd. The electronics maker reported $2.74 EPS for the quarter, topping analysts’ consensus estimates of $2.21 by $0.53. The business had revenue of $574.10 million during the quarter, compared to analysts’ expectations of $544.41 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.Advanced Energy Industries’s quarterly revenue was up 30.0% on a year-over-year basis. During the same quarter last year, the company posted $1.50 earnings per share. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Sell-side analysts predict that Advanced Energy Industries, Inc. will post 9.5 EPS for the current year.

Advanced Energy Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Monday, August 24th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. Advanced Energy Industries’s payout ratio is presently 7.46%.

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.