Robeco Schweiz AG purchased a new stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 41,000 shares of the electronics maker’s stock, valued at approximately $11,555,000.
Other institutional investors have also modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Advanced Energy Industries during the second quarter worth $1,725,045,000. Bank of America Corp DE purchased a new position in Advanced Energy Industries in the second quarter valued at $382,342,000. The Manufacturers Life Insurance Company purchased a new position in Advanced Energy Industries in the second quarter valued at $166,162,000. Arrowstreet Capital Limited Partnership boosted its holdings in Advanced Energy Industries by 17.0% in the first quarter. Arrowstreet Capital Limited Partnership now owns 335,591 shares of the electronics maker’s stock valued at $108,299,000 after purchasing an additional 48,842 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in Advanced Energy Industries during the 2nd quarter worth $95,719,000. Institutional investors and hedge funds own 99.67% of the company’s stock.
Advanced Energy Industries Trading Down 0.0%
Shares of NASDAQ:AEIS opened at $216.63 on Friday. Advanced Energy Industries, Inc. has a 52 week low of $187.71 and a 52 week high of $397.44. The company’s 50 day moving average is $274.69 and its two-hundred day moving average is $313.24. The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78. The company has a market cap of $8.68 billion, a PE ratio of 40.42 and a beta of 1.31.
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.53. The business had revenue of $574.10 million for the quarter, compared to analyst estimates of $544.41 million. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The company’s revenue was up 30.0% on a year-over-year basis. During the same period last year, the business earned $1.50 EPS. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Equities analysts predict that Advanced Energy Industries, Inc. will post 9.53 earnings per share for the current fiscal year.
Advanced Energy Industries Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Monday, August 24th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Monday, August 24th. Advanced Energy Industries’s dividend payout ratio is 7.46%.
Insider Buying and Selling at Advanced Energy Industries
In related news, EVP Elizabeth Vonne sold 908 shares of the stock in a transaction 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 of the company’s stock, valued at $3,563,668.16. This represents a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Eduardo Acebedo sold 24,771 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total value of $7,814,755.08. Following the completion of the sale, the chief operating officer owned 23,109 shares in the company, valued at approximately $7,290,427.32. This represents a 51.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 27,218 shares of company stock worth $8,562,008 in the last three months. 1.30% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
AEIS has been the topic of several recent research reports. Morgan Stanley upped their price target on Advanced Energy Industries from $421.00 to $439.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Seaport Research Partners raised Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 price target on the stock in a research report on Tuesday, August 4th. Wall Street Zen upgraded Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Advanced Energy Industries in a research note on Wednesday, August 26th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Advanced Energy Industries in a research report on Tuesday, September 22nd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $409.50.
View Our Latest Analysis on AEIS
Advanced Energy Industries Company Profile
Advanced Energy Industries, Inc develops and manufactures precision power-conversion, measurement and control technologies. Its products are designed to regulate, transform and deliver electrical power with high levels of accuracy and reliability in demanding industrial applications.
The company’s portfolio includes direct-current and alternating-current power supplies, radio-frequency power systems, high-voltage power supplies, thermal-management equipment, power control modules, and measurement and control instruments.
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