Northwestern Mutual Wealth Management Co. Invests $849,000 in Advanced Energy Industries, Inc. $AEIS

Northwestern Mutual Wealth Management Co. acquired a new stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) in the 2nd quarter, HoldingsChannel reports. The fund acquired 2,276 shares of the electronics maker’s stock, valued at approximately $849,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Royal Bank of Canada raised its position in Advanced Energy Industries by 16.5% during the first quarter. Royal Bank of Canada now owns 11,155 shares of the electronics maker’s stock worth $1,063,000 after acquiring an additional 1,578 shares in the last quarter. Advisors Asset Management Inc. grew its position in shares of Advanced Energy Industries by 47.7% in the 1st quarter. Advisors Asset Management Inc. now owns 539 shares of the electronics maker’s stock valued at $51,000 after acquiring an additional 174 shares during the period. AQR Capital Management LLC bought a new position in shares of Advanced Energy Industries in the 1st quarter valued at about $468,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Advanced Energy Industries by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,278 shares of the electronics maker’s stock worth $2,123,000 after purchasing an additional 970 shares during the last quarter. Finally, United Services Automobile Association acquired a new position in shares of Advanced Energy Industries during the 1st quarter worth about $228,000. 99.67% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, COO Eduardo Bernal Acebedo sold 24,771 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $315.48, for a total value 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Elizabeth Karpinski Vonne sold 908 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $332.68, for a total value of $302,073.44. Following the transaction, the executive vice president owned 10,712 shares in the company, valued at approximately $3,563,668.16. This trade represents a 7.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.30% of the company’s stock.

Advanced Energy Industries Price Performance

Shares of AEIS opened at $275.43 on Wednesday. The company’s 50-day moving average is $317.25 and its 200-day moving average is $327.07. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.79 and a quick ratio of 2.94. The firm has a market capitalization of $11.03 billion, a PE ratio of 51.39 and a beta of 1.29. Advanced Energy Industries, Inc. has a fifty-two week low of $144.09 and a fifty-two week high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last announced its 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. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The business had revenue of $574.10 million during the quarter, compared to the consensus estimate of $544.41 million. During the same quarter in the previous year, the firm posted $1.50 EPS. Advanced Energy Industries’s revenue was up 30.0% compared to the same quarter last year. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Equities analysts forecast that Advanced Energy Industries, Inc. will post 9.18 EPS for the current year.

Advanced Energy Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 24th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, August 24th. Advanced Energy Industries’s payout ratio is currently 7.46%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Robert W. Baird raised their target price on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Weiss Ratings downgraded Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. Wells Fargo & Company upgraded Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $345.00 to $465.00 in a research note on Wednesday, July 1st. Needham & Company LLC reaffirmed a “buy” rating and issued a $400.00 price objective on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. Finally, Wall Street Zen upgraded Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Advanced Energy Industries has a consensus rating of “Moderate Buy” and a consensus target price of $409.50.

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.