Advanced Energy Industries (NASDAQ:AEIS) Sets New 52-Week High – Here’s What Happened

Advanced Energy Industries, Inc. (NASDAQ:AEIS)’s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $277.14 and last traded at $269.4820, with a volume of 248337 shares. The stock had previously closed at $269.12.

Wall Street Analysts Forecast Growth

Several analysts recently commented on AEIS shares. TD Cowen reiterated a “hold” rating on shares of Advanced Energy Industries in a research report on Wednesday, November 5th. Needham & Company LLC upped their price objective on Advanced Energy Industries from $225.00 to $290.00 and gave the stock a “buy” rating in a report on Friday, January 16th. Bank of America raised their target price on Advanced Energy Industries from $260.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Benchmark increased their price target on shares of Advanced Energy Industries from $150.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, Wells Fargo & Company raised their price objective on shares of Advanced Energy Industries from $215.00 to $225.00 and gave the company an “equal weight” rating in a research note on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $255.50.

Advanced Energy Industries Stock Performance

The company has a current ratio of 4.10, a quick ratio of 3.01 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $10.17 billion, a PE ratio of 71.00, a PEG ratio of 1.26 and a beta of 1.39. The stock’s 50 day moving average price is $226.39 and its two-hundred day moving average price is $189.24.

Advanced Energy Industries (NASDAQ:AEIS) last announced its earnings results on Tuesday, November 4th. The electronics maker reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.27. Advanced Energy Industries had a return on equity of 14.27% and a net margin of 8.41%.The firm had revenue of $463.30 million for the quarter, compared to analysts’ expectations of $441.54 million. During the same quarter in the prior year, the firm earned $0.98 EPS. Advanced Energy Industries’s quarterly revenue was up 23.8% on a year-over-year basis. Advanced Energy Industries has set its Q4 2025 guidance at 1.500-2.000 EPS. On average, equities analysts expect that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current year.

Insider Activity

In other news, Director Tina Donikowski sold 2,257 shares of Advanced Energy Industries stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $210.33, for a total value of $474,714.81. Following the completion of the sale, the director owned 8,248 shares of the company’s stock, valued at $1,734,801.84. The trade was a 21.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Paul R. Oldham sold 8,174 shares of Advanced Energy Industries stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $203.11, for a total value of $1,660,221.14. Following the completion of the sale, the executive vice president owned 24,792 shares of the company’s stock, valued at $5,035,503.12. This trade represents a 24.80% decrease in their position. The SEC filing for this sale provides additional information. 1.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On Advanced Energy Industries

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Rhumbline Advisers increased its position in shares of Advanced Energy Industries by 3.4% during the second quarter. Rhumbline Advisers now owns 113,228 shares of the electronics maker’s stock worth $15,003,000 after acquiring an additional 3,770 shares during the last quarter. Tributary Capital Management LLC grew its stake in Advanced Energy Industries by 92.5% during the 3rd quarter. Tributary Capital Management LLC now owns 344,654 shares of the electronics maker’s stock valued at $58,639,000 after purchasing an additional 165,655 shares in the last quarter. Fisher Asset Management LLC increased its holdings in Advanced Energy Industries by 80.4% during the 2nd 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 last quarter. Blair William & Co. IL acquired a new position in shares of Advanced Energy Industries in the 2nd quarter valued at approximately $253,000. Finally, US Bancorp DE boosted its stake in shares of Advanced Energy Industries by 67.6% during the 2nd quarter. US Bancorp DE now owns 8,142 shares of the electronics maker’s stock valued at $1,079,000 after buying an additional 3,285 shares during the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.

Advanced Energy Industries Company Profile

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.