Advanced Energy Industries, Inc. $AEIS Shares Sold by Oak Associates Ltd. OH

Oak Associates Ltd. OH lessened its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 67.7% in the 1st quarter, Holdings Channel.com reports. The firm owned 8,091 shares of the electronics maker’s stock after selling 16,923 shares during the quarter. Oak Associates Ltd. OH’s holdings in Advanced Energy Industries were worth $2,611,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Norges Bank acquired a new position in Advanced Energy Industries in the 4th quarter valued at $123,403,000. Fuller & Thaler Asset Management Inc. lifted its stake in shares of Advanced Energy Industries by 1,734.1% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 427,674 shares of the electronics maker’s stock worth $89,542,000 after acquiring an additional 404,356 shares during the period. Wellington Management Group LLP acquired a new stake in shares of Advanced Energy Industries in the 3rd quarter worth $50,173,000. Franklin Resources Inc. lifted its stake in shares of Advanced Energy Industries by 55.4% in the 4th quarter. Franklin Resources Inc. now owns 487,494 shares of the electronics maker’s stock worth $102,067,000 after acquiring an additional 173,836 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Advanced Energy Industries by 131.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 286,749 shares of the electronics maker’s stock valued at $60,037,000 after acquiring an additional 162,841 shares in the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AEIS. Citigroup boosted their price target on shares of Advanced Energy Industries from $410.00 to $435.00 and gave the stock a “buy” rating in a research note on Wednesday. Morgan Stanley started coverage on Advanced Energy Industries in a report on Wednesday. They issued an “overweight” rating and a $421.00 price objective on the stock. Bank of America boosted their target price on Advanced Energy Industries from $430.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Wall Street Zen raised Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. 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 report on Tuesday, June 30th. Eleven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Advanced Energy Industries currently has a consensus rating of “Moderate Buy” and an average target price of $404.25.

Advanced Energy Industries Stock Down 0.7%

Shares of AEIS opened at $315.14 on Friday. Advanced Energy Industries, Inc. has a 52-week low of $128.40 and a 52-week high of $397.44. The company has a 50-day simple moving average of $324.66 and a 200-day simple moving average of $317.91. The company has a market capitalization of $11.98 billion, a PE ratio of 66.35, a P/E/G ratio of 1.34 and a beta of 1.25.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings data on Monday, May 4th. The electronics maker reported $2.09 EPS for the quarter, topping 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 firm had revenue of $511.00 million for the quarter, compared to the consensus estimate of $505.81 million. During the same quarter in the previous year, the firm earned $1.23 earnings per share. The firm’s revenue was up 26.3% on a year-over-year basis. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. On average, research analysts anticipate that Advanced Energy Industries, Inc. will post 7.88 EPS for the current year.

Advanced Energy Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, May 25th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. Advanced Energy Industries’s payout ratio is 8.42%.

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.