Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) had its target price hoisted by equities research analysts at Needham & Company LLC from $188.00 to $225.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the electronics maker’s stock. Needham & Company LLC’s price objective suggests a potential upside of 15.36% from the stock’s previous close.
AEIS has been the topic of a number of other reports. Zacks Research upgraded shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 10th. Benchmark increased their price objective on shares of Advanced Energy Industries from $130.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Advanced Energy Industries in a research note on Wednesday, October 8th. KeyCorp lifted their price target on shares of Advanced Energy Industries from $195.00 to $240.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Wall Street Zen raised shares of Advanced Energy Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $183.89.
Check Out Our Latest Analysis on Advanced Energy Industries
Advanced Energy Industries Price Performance
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last released its quarterly earnings results on Tuesday, November 4th. The electronics maker reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.27. The business had revenue of $463.30 million during the quarter, compared to analyst estimates of $441.54 million. Advanced Energy Industries had a net margin of 5.13% and a return on equity of 12.38%. The business’s revenue was up 23.8% on a year-over-year basis. During the same period last year, the business earned $0.98 EPS. Advanced Energy Industries has set its Q4 2025 guidance at 1.500-2.000 EPS. Equities research analysts expect that Advanced Energy Industries will post 3.66 EPS for the current fiscal year.
Insider Activity
In other news, EVP John Donaghey sold 1,000 shares of Advanced Energy Industries stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $160.73, for a total value of $160,730.00. Following the transaction, the executive vice president owned 10,029 shares of the company’s stock, valued at $1,611,961.17. The trade was a 9.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 1.20% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in AEIS. Norges Bank acquired a new stake in shares of Advanced Energy Industries during the second quarter worth approximately $58,766,000. Franklin Resources Inc. acquired a new stake in shares of Advanced Energy Industries during the second quarter worth approximately $30,687,000. Tributary Capital Management LLC boosted its holdings in shares of Advanced Energy Industries by 92.5% during the third quarter. Tributary Capital Management LLC now owns 344,654 shares of the electronics maker’s stock worth $58,639,000 after purchasing an additional 165,655 shares during the period. MetLife Investment Management LLC boosted its holdings in shares of Advanced Energy Industries by 557.2% during the first quarter. MetLife Investment Management LLC now owns 148,479 shares of the electronics maker’s stock worth $14,152,000 after purchasing an additional 125,888 shares during the period. Finally, Fisher Asset Management LLC boosted its holdings in shares of Advanced Energy Industries by 80.4% during the second quarter. Fisher Asset Management LLC now owns 273,993 shares of the electronics maker’s stock worth $36,304,000 after purchasing an additional 122,094 shares during the period. 99.67% of the stock is owned by hedge funds and other institutional investors.
About Advanced Energy Industries
Advanced Energy Industries, Inc provides precision power conversion, measurement, and control solutions in the United States and internationally. The company's plasma power products offer solutions to enable innovation for semiconductor and thin film plasma processes, such as dry etch and deposition.
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