Advanced Energy Industries (NASDAQ:AEIS) Trading Up 6.8% – Here’s What Happened

Advanced Energy Industries, Inc. (NASDAQ:AEISGet Free Report)’s share price rose 6.8% during mid-day trading on Tuesday . The company traded as high as $368.27 and last traded at $371.92. Approximately 35,722 shares were traded during trading, a decline of 96% from the average daily volume of 830,632 shares. The stock had previously closed at $348.15.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on AEIS. Needham & Company LLC raised their price objective on shares of Advanced Energy Industries from $330.00 to $400.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Susquehanna boosted their target price on Advanced Energy Industries from $430.00 to $535.00 and gave the stock a “positive” rating in a research report on Tuesday. Cantor Fitzgerald increased their target price on Advanced Energy Industries from $400.00 to $450.00 and gave the stock an “overweight” rating in a research note on Monday. Citigroup raised their price target on Advanced Energy Industries from $385.00 to $410.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen upgraded Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Advanced Energy Industries currently has a consensus rating of “Moderate Buy” and an average target price of $389.55.

Read Our Latest Stock Report on Advanced Energy Industries

Advanced Energy Industries Stock Up 7.3%

The business’s fifty day moving average is $345.22 and its 200 day moving average is $306.13. The stock has a market cap of $14.21 billion, a PE ratio of 78.76, a P/E/G ratio of 1.50 and a beta of 1.30.

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

Advanced Energy Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Monday, May 25th were paid a $0.10 dividend. This represents a $0.40 annualized dividend 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 presently 8.42%.

Insider Transactions at Advanced Energy Industries

In related news, EVP Elizabeth Karpinski Vonne sold 966 shares of Advanced Energy Industries stock in a transaction 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 completion of the transaction, the executive vice president directly owned 11,616 shares of the company’s stock, valued at approximately $4,290,950.40. The trade was 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 link. Corporate insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC grew 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 acquiring an additional 27 shares during the period. Basecamp Wealth Advisors LLC boosted its position in shares of Advanced Energy Industries by 16.2% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 222 shares of the electronics maker’s stock valued at $72,000 after purchasing an additional 31 shares in the last quarter. Allworth Financial LP grew its stake in shares of Advanced Energy Industries by 9.2% in the 3rd quarter. Allworth Financial LP now owns 582 shares of the electronics maker’s stock worth $99,000 after purchasing an additional 49 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its holdings in shares of Advanced Energy Industries by 4.5% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 1,191 shares of the electronics maker’s stock worth $384,000 after purchasing an additional 51 shares in the last quarter. Finally, Cullen Frost Bankers Inc. raised its holdings in shares of Advanced Energy Industries by 40.6% in the 4th quarter. Cullen Frost Bankers Inc. now owns 194 shares of the electronics maker’s stock worth $41,000 after purchasing an additional 56 shares in the last quarter. Hedge funds and other institutional investors own 99.67% of the company’s stock.

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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