Advanced Energy Industries, Inc. $AEIS Shares Acquired by Kayne Anderson Rudnick Investment Management LLC

Key Points

• Kayne Anderson Rudnick Investment Management LLC increased its stake in Advanced Energy Industries by 415.6%, now owning 2,279 shares valued at $217,000.
• Analysts are optimistic about the company, with several raising their target prices significantly, resulting in a consensus rating of "Moderate Buy" and an average target price of $140.90.
• Advanced Energy Industries reported better-than-expected earnings with $1.50 EPS for the quarter, exceeding the consensus estimate of $1.28, alongside a 21.0% increase in revenue year-over-year.

Kayne Anderson Rudnick Investment Management LLC lifted its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 415.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,279 shares of the electronics maker's stock after purchasing an additional 1,837 shares during the period. Kayne Anderson Rudnick Investment Management LLC's holdings in Advanced Energy Industries were worth $217,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Russell Investments Group Ltd. lifted its stake in shares of Advanced Energy Industries by 26.0% in the first quarter. Russell Investments Group Ltd. now owns 446 shares of the electronics maker's stock valued at $43,000 after purchasing an additional 92 shares during the period. Isthmus Partners LLC lifted its stake in shares of Advanced Energy Industries by 0.3% in the first quarter. Isthmus Partners LLC now owns 29,565 shares of the electronics maker's stock valued at $2,818,000 after purchasing an additional 96 shares during the period. US Bancorp DE lifted its stake in shares of Advanced Energy Industries by 2.8% in the first quarter. US Bancorp DE now owns 4,857 shares of the electronics maker's stock valued at $463,000 after purchasing an additional 134 shares during the period. Xponance Inc. lifted its stake in shares of Advanced Energy Industries by 5.8% in the first quarter. Xponance Inc. now owns 2,843 shares of the electronics maker's stock valued at $271,000 after purchasing an additional 156 shares during the period. Finally, Nisa Investment Advisors LLC lifted its stake in shares of Advanced Energy Industries by 3.2% in the first quarter. Nisa Investment Advisors LLC now owns 5,168 shares of the electronics maker's stock valued at $493,000 after purchasing an additional 160 shares during the period. Institutional investors and hedge funds own 99.67% of the company's stock.

Advanced Energy Industries Trading Down 3.8%

Shares of NASDAQ:AEIS traded down $5.87 during trading on Monday, reaching $149.68. The stock had a trading volume of 290,725 shares, compared to its average volume of 502,612. Advanced Energy Industries, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $163.07. The business has a fifty day moving average price of $143.63 and a 200-day moving average price of $120.91. The stock has a market cap of $5.65 billion, a P/E ratio of 67.73, a PEG ratio of 1.22 and a beta of 1.57. The company has a quick ratio of 2.97, a current ratio of 4.09 and a debt-to-equity ratio of 0.45.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last released its earnings results on Tuesday, August 5th. The electronics maker reported $1.50 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $441.50 million during the quarter, compared to the consensus estimate of $421.32 million. During the same period in the previous year, the firm earned $0.85 earnings per share. Advanced Energy Industries's revenue 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. As a group, analysts anticipate that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Shareholders of record on Monday, August 25th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, August 25th. Advanced Energy Industries's payout ratio is currently 18.10%.

Insider Activity at Advanced Energy Industries

In other Advanced Energy Industries news, EVP Paul R. Oldham sold 1,173 shares of the business's stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $131.29, for a total transaction of $154,003.17. Following the completion of the sale, the executive vice president directly owned 31,006 shares in the company, valued at $4,070,777.74. The trade was a 3.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John Donaghey sold 1,000 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $160.73, for a total transaction of $160,730.00. Following the sale, the executive vice president owned 10,029 shares of the company's stock, valued at approximately $1,611,961.17. This represents a 9.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,173 shares of company stock valued at $594,733. 1.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on AEIS shares. Citigroup raised their price objective on shares of Advanced Energy Industries from $138.00 to $140.00 and gave the company a "buy" rating in a research note on Monday, May 5th. Wall Street Zen upgraded shares of Advanced Energy Industries from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 9th. KeyCorp lifted 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 report on Wednesday, August 27th. Benchmark lifted 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. Finally, TD Cowen lifted 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. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $140.90.

Advanced Energy Industries 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.