4,656 Shares in Advanced Energy Industries, Inc. $AEIS Purchased by Truist Financial Corp

Key Points

• Truist Financial Corp purchased 4,656 shares of Advanced Energy Industries, Inc. valued at approximately $617,000, marking a new position in the stock according to their recent SEC filing.
• Advanced Energy Industries reported earnings per share of $1.50 for the last quarter, surpassing analysts' expectations of $1.28, and its revenue increased by 21% year-over-year.
• The company announced a quarterly dividend of $0.10, which reflects a 0.2% dividend yield and an 18.10% payout ratio.

Truist Financial Corp purchased a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,656 shares of the electronics maker's stock, valued at approximately $617,000.

Several other large investors have also recently added to or reduced their stakes in the company. Fort Washington Investment Advisors Inc. OH raised its holdings in Advanced Energy Industries by 7.3% during the second quarter. Fort Washington Investment Advisors Inc. OH now owns 136,017 shares of the electronics maker's stock worth $18,022,000 after purchasing an additional 9,272 shares in the last quarter. State of Alaska Department of Revenue raised its holdings in Advanced Energy Industries by 7.4% during the second quarter. State of Alaska Department of Revenue now owns 22,416 shares of the electronics maker's stock worth $2,969,000 after purchasing an additional 1,541 shares in the last quarter. Sheets Smith Wealth Management raised its holdings in Advanced Energy Industries by 1.7% during the second quarter. Sheets Smith Wealth Management now owns 7,531 shares of the electronics maker's stock worth $998,000 after purchasing an additional 128 shares in the last quarter. Park Avenue Securities LLC grew its position in Advanced Energy Industries by 20.5% during the second quarter. Park Avenue Securities LLC now owns 4,921 shares of the electronics maker's stock worth $652,000 after buying an additional 838 shares during the period. Finally, UMB Bank n.a. grew its position in Advanced Energy Industries by 42.9% during the second quarter. UMB Bank n.a. now owns 313 shares of the electronics maker's stock worth $41,000 after buying an additional 94 shares during the period. 99.67% of the stock is owned by hedge funds and other institutional investors.

Advanced Energy Industries Stock Performance

Shares of AEIS opened at $182.75 on Wednesday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.97 and a current ratio of 4.09. The company has a market capitalization of $6.89 billion, a price-to-earnings ratio of 82.69, a PEG ratio of 1.44 and a beta of 1.55. The company's 50 day simple moving average is $160.95 and its 200 day simple moving average is $132.78. Advanced Energy Industries, Inc. has a 1 year low of $75.01 and a 1 year high of $185.00.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The electronics maker reported $1.50 earnings per share for the quarter, topping analysts' consensus estimates 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 the consensus estimate of $421.32 million. During the same quarter last year, the firm posted $0.85 earnings per share. Advanced Energy Industries's revenue was up 21.0% on a year-over-year basis. Advanced Energy Industries has set its Q3 2025 guidance at 1.200-1.700 EPS. On average, sell-side analysts predict 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. Stockholders 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 payout ratio is presently 18.10%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on AEIS. Needham & Company LLC upped their target price on shares of Advanced Energy Industries from $155.00 to $188.00 and gave the stock a "buy" rating in a research report on Monday. Benchmark upped their target price on shares of Advanced Energy Industries from $130.00 to $150.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. TD Cowen upped their target price on shares of Advanced Energy Industries from $118.00 to $140.00 and gave the stock a "hold" rating in a research report on Wednesday, August 6th. KeyCorp upped their target price on shares of Advanced Energy Industries from $180.00 to $195.00 and gave the stock an "overweight" rating in a research report on Friday. Finally, Zacks Research upgraded shares of Advanced Energy Industries from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $154.44.

Insider Buying and Selling at Advanced Energy Industries

In other news, EVP John Donaghey sold 1,000 shares of the business's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $160.73, for a total value of $160,730.00. Following the completion of the sale, the executive vice president owned 10,029 shares of the company's stock, valued at approximately $1,611,961.17. The trade was a 9.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.20% of the company's stock.

Advanced Energy Industries Company Profile

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.

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