Castleark Management LLC Purchases New Holdings in Advanced Energy Industries, Inc. $AEIS

Castleark Management LLC purchased a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 16,193 shares of the electronics maker’s stock, valued at approximately $6,038,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Advanced Energy Industries during the 2nd quarter worth $27,000. Whittier Trust Co. of Nevada Inc. acquired a new position in Advanced Energy Industries in the first quarter valued at about $29,000. Root Financial Partners LLC raised its stake in 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. Meeder Asset Management Inc. bought a new stake in Advanced Energy Industries during the second quarter worth about $42,000. Finally, Kemnay Advisory Services Inc. bought a new stake in Advanced Energy Industries during the fourth quarter worth about $25,000. Institutional investors own 99.67% of the company’s stock.

Advanced Energy Industries Stock Up 0.3%

Shares of AEIS opened at $275.43 on Wednesday. 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, Inc. has a 52 week low of $144.09 and a 52 week high of $397.44. The stock has a market capitalization of $11.03 billion, a price-to-earnings ratio of 51.39 and a beta of 1.29. The stock has a fifty day moving average of $317.25 and a 200-day moving average of $327.07.

Advanced Energy Industries (NASDAQ:AEIS) last issued its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, topping analysts’ consensus estimates of $2.21 by $0.53. The business had revenue of $574.10 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.50 EPS. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. As a group, sell-side analysts anticipate 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. Stockholders of record on Monday, August 24th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. Advanced Energy Industries’s dividend payout ratio is currently 7.46%.

Insider Buying and Selling

In related news, COO Eduardo Bernal Acebedo sold 24,771 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total value of $7,814,755.08. Following the completion of the transaction, the chief operating officer owned 23,109 shares in the company, valued at $7,290,427.32. This trade represents a 51.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Elizabeth Karpinski Vonne sold 908 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $332.68, for a total transaction of $302,073.44. Following the sale, the executive vice president directly owned 10,712 shares in the company, valued at $3,563,668.16. The trade was a 7.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.30% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Robert W. Baird boosted their target price on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Citigroup increased their price target on shares of Advanced Energy Industries from $435.00 to $460.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Weiss Ratings cut shares of Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 29th. TD Cowen upped their target price on Advanced Energy Industries from $350.00 to $370.00 and gave the stock a “hold” rating in a research note on Tuesday, August 4th. Finally, Wall Street Zen raised Advanced Energy Industries from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $409.50.

About Advanced Energy Industries

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.