David J Yvars Group Takes Position in Advanced Energy Industries, Inc. $AEIS

Key Points

• David J Yvars Group acquired 2,005 shares of Advanced Energy Industries, valued at approximately $266,000, during the 2nd quarter of 2023.
• Advanced Energy Industries reported an EPS of $1.50 for the last quarter, exceeding analysts' expectations of $1.28, and its revenue rose 21.0% year-over-year to $441.50 million.
• The company announced a quarterly dividend of $0.10 per share, representing a 0.3% yield and a payout ratio of 18.10%.

David J Yvars Group bought a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,005 shares of the electronics maker's stock, valued at approximately $266,000.

A number of other institutional investors also recently bought and sold shares of the company. Russell Investments Group Ltd. increased its stake in Advanced Energy Industries by 26.0% during the 1st quarter. Russell Investments Group Ltd. now owns 446 shares of the electronics maker's stock worth $43,000 after buying an additional 92 shares during the period. Isthmus Partners LLC increased its stake in Advanced Energy Industries by 0.3% during the 1st quarter. Isthmus Partners LLC now owns 29,565 shares of the electronics maker's stock worth $2,818,000 after buying an additional 96 shares during the period. US Bancorp DE increased its stake in Advanced Energy Industries by 2.8% during the 1st quarter. US Bancorp DE now owns 4,857 shares of the electronics maker's stock worth $463,000 after buying an additional 134 shares during the period. Inspire Investing LLC increased its stake in Advanced Energy Industries by 3.9% during the 1st quarter. Inspire Investing LLC now owns 3,590 shares of the electronics maker's stock worth $342,000 after buying an additional 136 shares during the period. Finally, Xponance Inc. increased its stake in Advanced Energy Industries by 5.8% during the 1st quarter. Xponance Inc. now owns 2,843 shares of the electronics maker's stock worth $271,000 after buying an additional 156 shares during the period. 99.67% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP John Donaghey sold 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $160.73, for a total value of $160,730.00. Following the transaction, the executive vice president owned 10,029 shares in the company, valued at approximately $1,611,961.17. This trade represents a 9.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.20% of the company's stock.

Advanced Energy Industries Trading Up 2.7%

Shares of Advanced Energy Industries stock traded up $4.60 during mid-day trading on Friday, hitting $174.35. 1,498,530 shares of the stock were exchanged, compared to its average volume of 310,324. Advanced Energy Industries, Inc. has a twelve month low of $75.01 and a twelve month high of $174.51. The stock has a market capitalization of $6.58 billion, a price-to-earnings ratio of 78.89, a price-to-earnings-growth ratio of 1.38 and a beta of 1.57. The company has a 50-day simple moving average of $149.68 and a 200 day simple moving average of $124.61. The company has a current ratio of 4.09, a quick ratio of 2.97 and a debt-to-equity ratio of 0.45.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The electronics maker reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.22. Advanced Energy Industries had a net margin of 5.13% and a return on equity of 12.38%. The company had revenue of $441.50 million for the quarter, compared to analysts' expectations of $421.32 million. During the same period last year, the company earned $0.85 EPS. The firm's revenue for the quarter was up 21.0% compared to the same quarter last year. Advanced Energy Industries has set its Q3 2025 guidance at 1.200-1.700 EPS. Research analysts forecast that Advanced Energy Industries, Inc. will post 3.66 EPS for the current year.

Advanced Energy Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Monday, August 25th were given a $0.10 dividend. The ex-dividend date of this dividend was Monday, August 25th. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. Advanced Energy Industries's dividend payout ratio (DPR) is currently 18.10%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Wall Street Zen raised shares of Advanced Energy Industries from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 9th. KeyCorp upped their target price on shares of Advanced Energy Industries from $160.00 to $180.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 27th. TD Cowen boosted their price target on shares of Advanced Energy Industries from $118.00 to $140.00 and gave the stock a "hold" rating in a report on Wednesday, August 6th. Wells Fargo & Company boosted their price target on shares of Advanced Energy Industries from $110.00 to $130.00 and gave the stock an "equal weight" rating in a report on Friday, June 27th. Finally, Benchmark boosted their price target on shares of Advanced Energy Industries from $130.00 to $150.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Advanced Energy Industries currently has a consensus rating of "Moderate Buy" and a consensus target price of $140.90.

About Advanced Energy Industries

Advanced Energy Industries, Inc provides precision power conversion, measurement, and control solutions in the United States and internationally. The company's plasma power products offer solutions to enable innovation for semiconductor and thin film plasma processes, such as dry etch and deposition.