BlackRock Inc. Purchases Shares of 4,626,399 Advanced Energy Industries, Inc. $AEIS

Key Points

• BlackRock acquired 4,626,399 shares of Advanced Energy Industries in the second quarter, valued at approximately $1.725 billion, giving it an 11.55% stake. Institutional investors collectively own 99.67% of the company.
• Analysts remain bullish, with a consensus rating of “Moderate Buy” and an average price target of $409.50. Recent target increases include Wells Fargo’s move to $465 and Citigroup’s to $460.
• Advanced Energy reported quarterly EPS of $2.74, beating estimates of $2.21, while revenue rose 30% year over year to $574.1 million. Shares opened at $294.31, down 6.4%, and the company declared a quarterly dividend of $0.10 per share.

BlackRock Inc. purchased a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,626,399 shares of the electronics maker's stock, valued at approximately $1,725,045,000. BlackRock Inc. owned about 11.55% of Advanced Energy Industries at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Root Financial Partners LLC grew its holdings in shares of Advanced Energy Industries by 33.3% during 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. Basecamp Wealth Advisors LLC raised its stake in shares of Advanced Energy Industries by 16.2% during the first quarter. Basecamp Wealth Advisors LLC now owns 222 shares of the electronics maker's stock valued at $72,000 after purchasing an additional 31 shares during the period. Fifth Third Wealth Advisors LLC lifted its holdings in Advanced Energy Industries by 4.5% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 1,191 shares of the electronics maker's stock worth $384,000 after buying an additional 51 shares in the last quarter. Cullen Frost Bankers Inc. lifted its stake in shares of Advanced Energy Industries by 40.6% in the fourth quarter. Cullen Frost Bankers Inc. now owns 194 shares of the electronics maker's stock worth $41,000 after acquiring an additional 56 shares in the last quarter. Finally, CIBC Private Wealth Group LLC boosted its holdings in Advanced Energy Industries by 6.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 906 shares of the electronics maker's stock valued at $190,000 after purchasing an additional 58 shares during the last quarter. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Advanced Energy Industries

In related news, EVP Elizabeth Karpinski Vonne sold 908 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $332.68, for a total value of $302,073.44. Following the sale, the executive vice president owned 10,712 shares of the company's stock, valued at $3,563,668.16. This trade represents a 7.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.30% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on AEIS shares. Bank of America lifted their price objective on Advanced Energy Industries from $430.00 to $450.00 and gave the stock a "buy" rating in a report on Tuesday, June 23rd. KeyCorp raised their price target on shares of Advanced Energy Industries from $375.00 to $415.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 5th. Wells Fargo & Company raised shares of Advanced Energy Industries from an "equal weight" rating to an "overweight" rating and upped their price target for the company from $345.00 to $465.00 in a report on Wednesday, July 1st. Citigroup lifted their price target on Advanced Energy Industries from $435.00 to $460.00 and gave the stock a "buy" rating in a research note on Tuesday, August 4th. Finally, Zacks Research raised Advanced Energy Industries from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $409.50.

Advanced Energy Industries Stock Down 6.4%

Shares of Advanced Energy Industries stock opened at $294.31 on Thursday. The stock has a market capitalization of $11.79 billion, a price-to-earnings ratio of 54.91 and a beta of 1.29. Advanced Energy Industries, Inc. has a twelve month low of $143.38 and a twelve month high of $397.44. 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 business's 50 day simple moving average is $322.99 and its 200-day simple moving average is $326.41.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.21 by $0.53. The business had revenue of $574.10 million during the quarter, compared to analyst estimates of $544.41 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The business's revenue for the quarter was up 30.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.50 EPS. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Equities research analysts forecast that Advanced Energy Industries, Inc. will post 9.18 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

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

Advanced Energy Industries Company 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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