Bank of New York Mellon Corp Makes New $95.72 Million Investment in Advanced Energy Industries, Inc. $AEIS

Bank of New York Mellon Corp bought a new stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 256,709 shares of the electronics maker's stock, valued at approximately $95,719,000. Bank of New York Mellon Corp owned approximately 0.64% of Advanced Energy Industries as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Norges Bank purchased a new position in Advanced Energy Industries during the fourth quarter valued at $123,403,000. Fuller & Thaler Asset Management Inc. increased its holdings in shares of Advanced Energy Industries by 1,734.1% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 427,674 shares of the electronics maker's stock valued at $89,542,000 after acquiring an additional 404,356 shares in the last quarter. Wellington Management Group LLP bought a new position in shares of Advanced Energy Industries during the third quarter valued at $50,173,000. Franklin Resources Inc. boosted its stake in Advanced Energy Industries by 55.4% in the 4th quarter. Franklin Resources Inc. now owns 487,494 shares of the electronics maker's stock worth $102,067,000 after purchasing an additional 173,836 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Advanced Energy Industries by 131.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 286,749 shares of the electronics maker's stock worth $60,037,000 after purchasing an additional 162,841 shares in the last quarter. 99.67% of the stock is owned by institutional investors.

Advanced Energy Industries Stock Performance

Shares of NASDAQ AEIS opened at $274.67 on Tuesday. Advanced Energy Industries, Inc. has a 12-month low of $144.09 and a 12-month high of $397.44. The firm has a market capitalization of $11.00 billion, a price-to-earnings ratio of 51.24 and a beta of 1.29. 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 firm has a 50 day moving average of $318.75 and a 200 day moving average of $326.92.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last released its quarterly 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 net margin of 10.77% and a return on equity of 20.75%. The business had revenue of $574.10 million for the quarter, compared to the consensus estimate of $544.41 million. During the same period last year, the firm earned $1.50 earnings per share. The company's quarterly revenue 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 anticipate that Advanced Energy Industries, Inc. will post 9.18 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 24th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, August 24th. Advanced Energy Industries's payout ratio is currently 7.46%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AEIS. Susquehanna lifted their target price on shares of Advanced Energy Industries from $430.00 to $535.00 and gave the stock a "positive" rating in a report on Tuesday, June 30th. KeyCorp raised their price target on shares of Advanced Energy Industries from $375.00 to $415.00 and gave the company an "overweight" rating in a research report on Tuesday, May 5th. Bank of America boosted their price objective on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the stock a "buy" rating in a report on Tuesday, June 23rd. Morgan Stanley upped their price objective on Advanced Energy Industries from $421.00 to $439.00 and gave the company an "overweight" rating in a research report on Tuesday, August 4th. Finally, Seaport Research Partners upgraded Advanced Energy Industries from a "neutral" rating to a "buy" rating and set a $410.00 target price on the stock in a research note on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Advanced Energy Industries has a consensus rating of "Moderate Buy" and a consensus price target of $409.50.

Insider Activity

In other news, EVP Elizabeth Karpinski Vonne sold 908 shares of Advanced Energy Industries stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $332.68, for a total transaction of $302,073.44. Following the transaction, the executive vice president directly owned 10,712 shares of the company's stock, valued at $3,563,668.16. The trade was a 7.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Eduardo Bernal Acebedo sold 24,771 shares of the business's stock in a transaction that occurred on 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 transaction, the chief operating officer owned 23,109 shares of the company's stock, valued at approximately $7,290,427.32. This trade represents a 51.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.30% of the company's stock.

Advanced Energy Industries Profile

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.

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