Advanced Energy Industries (NASDAQ:AEIS) Price Target Raised to $410.00

Advanced Energy Industries (NASDAQ:AEIS) had its price target hoisted by Citigroup from $385.00 to $410.00 in a research note issued to investors on Wednesday,Benzinga reports. Citigroup currently has a buy rating on the electronics maker’s stock.

Several other equities research analysts also recently commented on the company. Needham & Company LLC upped their target price on Advanced Energy Industries from $330.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday. Stifel Nicolaus upped their price objective on shares of Advanced Energy Industries from $310.00 to $325.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. TD Cowen lifted their target price on shares of Advanced Energy Industries from $300.00 to $350.00 and gave the company a “hold” rating in a research note on Tuesday. Zacks Research cut Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 9th. Finally, Robert W. Baird upped their price target on Advanced Energy Industries from $360.00 to $380.00 and gave the stock an “outperform” rating in a research note on Tuesday. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Advanced Energy Industries currently has a consensus rating of “Moderate Buy” and a consensus price target of $358.00.

Advanced Energy Industries Trading Up 1.5%

Shares of Advanced Energy Industries stock opened at $357.24 on Wednesday. The stock has a market capitalization of $13.59 billion, a price-to-earnings ratio of 75.21, a PEG ratio of 1.59 and a beta of 1.40. The business’s 50 day simple moving average is $343.13 and its 200-day simple moving average is $272.65. Advanced Energy Industries has a twelve month low of $110.57 and a twelve month high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last posted 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. The company had revenue of $511.00 million for the quarter, compared to analysts’ expectations of $505.81 million. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.The firm’s quarterly revenue was up 26.3% compared to the same quarter last year. During the same period last year, the business posted $1.23 earnings per share. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Sell-side analysts predict that Advanced Energy Industries will post 7.34 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Monday, May 25th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, May 22nd. Advanced Energy Industries’s payout ratio is currently 8.42%.

Insider Buying and Selling

In other news, EVP Paul R. Oldham sold 4,314 shares of Advanced Energy Industries stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $315.99, for a total transaction of $1,363,180.86. Following the transaction, the executive vice president owned 22,217 shares in the company, valued at $7,020,349.83. The trade was a 16.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Lanesha Minnix sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $316.62, for a total value of $316,620.00. Following the completion of the transaction, the director owned 4,585 shares of the company’s stock, valued at $1,451,702.70. This represents a 17.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 58,478 shares of company stock worth $18,567,013. 1.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Advanced Energy Industries

Several large investors have recently made changes to their positions in the stock. Whittier Trust Co. of Nevada Inc. acquired a new stake in Advanced Energy Industries in the 1st quarter valued at approximately $29,000. Root Financial Partners LLC increased 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 buying an additional 27 shares during the last quarter. Kemnay Advisory Services Inc. bought a new stake in Advanced Energy Industries during the fourth quarter worth $25,000. GHP Investment Advisors Inc. bought a new stake in Advanced Energy Industries in the first quarter valued at approximately $40,000. Finally, Main Street Group LTD acquired a new stake in shares of Advanced Energy Industries in the first quarter valued at approximately $40,000. Institutional investors own 99.67% of the company’s stock.

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.