Flputnam Investment Management Co. increased its holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) by 259.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,209 shares of the electronics maker’s stock after acquiring an additional 12,427 shares during the period. Flputnam Investment Management Co.’s holdings in Advanced Energy Industries were worth $6,417,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Kemnay Advisory Services Inc. acquired a new position in shares of Advanced Energy Industries in the 4th quarter valued at about $25,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Advanced Energy Industries during the second quarter worth approximately $27,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Advanced Energy Industries during the first quarter worth approximately $29,000. Twin Tree Management LP purchased a new position in Advanced Energy Industries during the fourth quarter valued at approximately $32,000. Finally, Danske Bank A S purchased a new position in Advanced Energy Industries during the third quarter valued at approximately $34,000. 99.67% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Advanced Energy Industries
In other news, COO Eduardo Bernal Acebedo sold 24,771 shares of the 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 transaction, the chief operating officer owned 23,109 shares of the company’s stock, valued at approximately $7,290,427.32. This represents a 51.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Elizabeth Karpinski Vonne sold 907 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $290.05, for a total value of $263,075.35. Following the completion of the transaction, the executive vice president directly owned 9,805 shares in the company, valued at $2,843,940.25. The trade was a 8.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 26,586 shares of company stock valued at $8,379,904 in the last ninety days. Insiders own 1.30% of the company’s stock.
Advanced Energy Industries Price Performance
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The electronics maker reported $2.74 EPS for the quarter, topping the consensus estimate of $2.21 by $0.53. The company had revenue of $574.10 million for the quarter, compared to analyst estimates of $544.41 million. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. Advanced Energy Industries’s quarterly revenue was up 30.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.50 EPS. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. As a group, equities analysts predict that Advanced Energy Industries, Inc. will post 9.5 earnings per share for the current fiscal year.
Advanced Energy Industries Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 24th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, August 24th. Advanced Energy Industries’s dividend payout ratio (DPR) is 7.46%.
Wall Street Analyst Weigh In
A number of research firms have issued reports on AEIS. Citigroup increased their target price 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. Susquehanna boosted their price target on shares of Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a report on Tuesday, June 30th. TD Cowen upped their price target on shares of Advanced Energy Industries from $350.00 to $370.00 and gave the stock a “hold” rating in a research note on Tuesday, August 4th. Zacks Research upgraded Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. Finally, Needham & Company LLC reissued a “buy” rating and set a $400.00 price objective on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. One equities research 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’s stock. Based on data from MarketBeat, Advanced Energy Industries has an average rating of “Moderate Buy” and a consensus price target of $409.50.
Read Our Latest Stock Report on Advanced Energy Industries
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.
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