VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in Advanced Energy Industries, Inc. $AEIS

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 15,462 shares of the electronics maker’s stock, valued at approximately $5,765,000.

Several other institutional investors also recently modified their holdings of the business. Root Financial Partners LLC lifted its holdings in Advanced Energy Industries by 33.3% in the first quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker’s stock valued at $35,000 after buying an additional 27 shares during the period. Basecamp Wealth Advisors LLC grew its holdings in Advanced Energy Industries by 16.2% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 222 shares of the electronics maker’s stock worth $72,000 after acquiring an additional 31 shares during the period. Kintra Wealth LLC raised its position in shares of Advanced Energy Industries by 3.9% during the 2nd quarter. Kintra Wealth LLC now owns 1,092 shares of the electronics maker’s stock valued at $407,000 after acquiring an additional 41 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in shares of Advanced Energy Industries by 4.5% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 1,191 shares of the electronics maker’s stock valued at $384,000 after purchasing an additional 51 shares during the period. Finally, Cullen Frost Bankers Inc. lifted its stake in shares of Advanced Energy Industries by 40.6% in the 4th quarter. Cullen Frost Bankers Inc. now owns 194 shares of the electronics maker’s stock valued at $41,000 after purchasing an additional 56 shares during the period. Institutional investors and hedge funds own 99.67% of the company’s stock.

Insider Buying and Selling

In other news, COO Eduardo Acebedo sold 24,771 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the completion of the sale, the chief operating officer owned 23,109 shares of the company’s stock, valued at $7,290,427.32. This represents a 51.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Elizabeth Vonne sold 907 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $290.05, for a total transaction of $263,075.35. Following the sale, the executive vice president owned 9,805 shares in the company, valued at approximately $2,843,940.25. The trade was a 8.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 26,586 shares of company stock valued at $8,379,904. 1.30% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Citigroup lifted their price objective on Advanced Energy Industries from $435.00 to $460.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Energy Industries in a research note on Wednesday, August 26th. Needham & Company LLC restated a “buy” rating and set a $400.00 target price on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. Cantor Fitzgerald restated an “overweight” rating on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. Finally, Wall Street Zen raised Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Advanced Energy Industries currently has a consensus rating of “Moderate Buy” and a consensus price target of $409.50.

Advanced Energy Industries Stock Performance

Shares of Advanced Energy Industries stock opened at $288.72 on Wednesday. The company has a market capitalization of $11.56 billion, a PE ratio of 53.87 and a beta of 1.31. Advanced Energy Industries, Inc. has a 12 month low of $151.95 and a 12 month high of $397.44. 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 stock’s fifty day simple moving average is $299.72 and its 200 day simple moving average is $325.68.

Advanced Energy Industries (NASDAQ:AEIS) last posted its earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, topping the consensus estimate of $2.21 by $0.53. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The firm had revenue of $574.10 million for the quarter, compared to analyst estimates of $544.41 million. During the same period in the previous year, the company posted $1.50 earnings per share. The company’s revenue for the quarter was up 30.0% on a year-over-year basis. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. On average, research analysts predict that Advanced Energy Industries, Inc. will post 9.5 EPS for the current year.

Advanced Energy Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Monday, August 24th were given a $0.10 dividend. The ex-dividend date was Monday, August 24th. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. Advanced Energy Industries’s payout ratio is currently 7.46%.

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.