Artemis Investment Management LLP Trims Stock Position in Advanced Energy Industries, Inc. $AEIS

Artemis Investment Management LLP decreased its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 22.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 92,271 shares of the electronics maker's stock after selling 26,618 shares during the period. Artemis Investment Management LLP owned 0.23% of Advanced Energy Industries worth $26,004,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Advanced Energy Industries during the 2nd quarter valued at approximately $27,000. Whittier Trust Co. of Nevada Inc. bought a new position in Advanced Energy Industries during the 1st quarter worth approximately $29,000. Root Financial Partners LLC lifted its position in shares of Advanced Energy Industries by 33.3% in the 1st quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker's stock worth $35,000 after purchasing an additional 27 shares during the period. Meeder Asset Management Inc. acquired a new position in shares of Advanced Energy Industries in the 2nd quarter worth approximately $42,000. Finally, GHP Investment Advisors Inc. acquired a new stake in shares of Advanced Energy Industries during the first quarter worth $40,000. 99.67% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, COO Eduardo Acebedo sold 24,771 shares of the company's stock in a transaction dated 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 sale, the chief operating officer owned 23,109 shares in the company, valued at $7,290,427.32. This represents a 51.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Elizabeth Vonne sold 632 shares of Advanced Energy Industries stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $288.14, for a total value of $182,104.48. Following the transaction, the executive vice president owned 9,177 shares of the company's stock, valued at $2,644,260.78. This trade represents a 6.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 27,218 shares of company stock valued at $8,562,008. 1.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Zacks Research upgraded shares of Advanced Energy Industries from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 30th. Morgan Stanley lifted their price objective on Advanced Energy Industries from $421.00 to $439.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 4th. Susquehanna upped their target price on Advanced Energy Industries from $430.00 to $535.00 and gave the company a "positive" rating in a research report on Tuesday, June 30th. Seaport Research Partners raised Advanced Energy Industries from a "neutral" rating to a "buy" rating and set a $410.00 target price for the company in a research note on Tuesday, August 4th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $400.00 target price on shares of Advanced Energy Industries in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $409.50.

Advanced Energy Industries Stock Down 2.8%

Advanced Energy Industries stock traded down $8.15 during mid-day trading on Thursday, reaching $284.10. The stock had a trading volume of 146,989 shares, compared to its average volume of 749,690. The firm has a market capitalization of $11.38 billion, a PE ratio of 53.09 and a beta of 1.31. Advanced Energy Industries, Inc. has a fifty-two week low of $169.35 and a fifty-two week high of $397.44. The stock's 50-day simple moving average is $290.22 and its 200-day simple moving average is $319.29. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.94 and a current ratio of 3.79.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last issued its earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.21 by $0.53. The company had revenue of $574.10 million for the quarter, compared to analysts' expectations of $544.41 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.Advanced Energy Industries's quarterly revenue was up 30.0% compared to the same quarter last year. 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. On average, sell-side analysts forecast that Advanced Energy Industries, Inc. will post 9.53 EPS for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Monday, August 24th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, August 24th. Advanced Energy Industries's dividend payout ratio (DPR) is currently 7.46%.

Advanced Energy Industries Company Profile

Advanced Energy Industries, Inc NASDAQ: AEIS designs and manufactures precision power-conversion, measurement and control technologies. Its products help customers generate, convert, deliver and manage electrical power with high levels of efficiency, reliability and accuracy.

The company's offerings include AC-DC and DC-DC power supplies, high-voltage power systems, radio-frequency power products, power-control equipment and precision measurement instruments. These products are used in semiconductor and electronics manufacturing equipment, industrial and medical applications, telecommunications, data centers, renewable energy systems and other demanding environments.

Founded in 1981, Advanced Energy serves a global customer base through operations and sales activities across North America, Europe and Asia.

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