Synovus Financial Corp Has $1.28 Million Stock Holdings in Advanced Energy Industries, Inc. $AEIS

Synovus Financial Corp reduced its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 24.9% during the 3rd quarter, Holdings Channel reports. The firm owned 7,515 shares of the electronics maker’s stock after selling 2,490 shares during the period. Synovus Financial Corp’s holdings in Advanced Energy Industries were worth $1,279,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Bank of America Corp DE raised its holdings in Advanced Energy Industries by 2.2% in the second quarter. Bank of America Corp DE now owns 946,649 shares of the electronics maker’s stock worth $125,431,000 after purchasing an additional 20,573 shares during the period. Geode Capital Management LLC grew its position in shares of Advanced Energy Industries by 1.0% in the 2nd quarter. Geode Capital Management LLC now owns 925,648 shares of the electronics maker’s stock valued at $122,663,000 after purchasing an additional 8,993 shares during the period. Massachusetts Financial Services Co. MA increased its stake in Advanced Energy Industries by 18.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 719,867 shares of the electronics maker’s stock worth $122,478,000 after purchasing an additional 111,467 shares in the last quarter. Norges Bank acquired a new stake in Advanced Energy Industries during the 2nd quarter worth approximately $58,766,000. Finally, Bamco Inc. NY lifted its stake in Advanced Energy Industries by 1.9% in the second quarter. Bamco Inc. NY now owns 373,245 shares of the electronics maker’s stock valued at $49,455,000 after buying an additional 6,958 shares in the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Tina Donikowski sold 2,257 shares of the firm’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $210.33, for a total transaction of $474,714.81. Following the completion of the sale, the director owned 8,248 shares in the company, valued at approximately $1,734,801.84. This trade represents a 21.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Lanesha Minnix sold 1,000 shares of Advanced Energy Industries stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $316.62, for a total transaction of $316,620.00. Following the sale, the director directly owned 4,585 shares of the company’s stock, valued at $1,451,702.70. The trade was a 17.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.20% of the stock is owned by corporate insiders.

Advanced Energy Industries Price Performance

Advanced Energy Industries stock opened at $331.23 on Friday. Advanced Energy Industries, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $334.53. The firm has a market capitalization of $12.50 billion, a PE ratio of 86.71, a P/E/G ratio of 2.48 and a beta of 1.41. The company’s 50-day moving average is $251.47 and its 200-day moving average is $206.41.

Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings results on Tuesday, February 10th. The electronics maker reported $1.94 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.18. Advanced Energy Industries had a return on equity of 15.72% and a net margin of 8.25%.The firm had revenue of $489.40 million for the quarter, compared to the consensus estimate of $473.12 million. During the same quarter in the previous year, the business earned $1.30 earnings per share. The business’s revenue was up 17.8% compared to the same quarter last year. Advanced Energy Industries has set its Q1 2026 guidance at 1.690-2.190 EPS. As a group, analysts expect that Advanced Energy Industries, Inc. will post 3.66 EPS for the current year.

Advanced Energy Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Monday, February 23rd will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Monday, February 23rd. Advanced Energy Industries’s payout ratio is currently 10.47%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on AEIS. Citigroup upped their target price on shares of Advanced Energy Industries from $255.00 to $330.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Bank of America upped their price target on Advanced Energy Industries from $260.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Robert W. Baird set a $315.00 price objective on shares of Advanced Energy Industries in a report on Thursday, February 12th. Susquehanna lifted their price target on shares of Advanced Energy Industries from $300.00 to $375.00 and gave the company a “positive” rating in a research note on Wednesday, February 11th. Finally, KeyCorp increased their price objective on shares of Advanced Energy Industries from $290.00 to $330.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $304.00.

Advanced Energy Industries Company 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.