Central Pacific Bank Trust Division Sells 205,120 Shares of Advanced Energy Industries, Inc. $AEIS

Key Points

• Central Pacific Bank Trust Division cut its Advanced Energy Industries stake by 99.8%, selling 205,120 shares and retaining just 460 shares valued at approximately $172,000. Institutional investors collectively own 99.67% of AEIS.
• Wall Street sentiment remains favorable, with a consensus rating of “Moderate Buy” and an average price target of $409.50. Recent analysts raised targets as high as $535.
• Advanced Energy reported strong quarterly results, posting $2.74 in adjusted EPS and $574.1 million in revenue, exceeding estimates and representing 30% year-over-year revenue growth. The company also declared a quarterly dividend of $0.10 per share.

Central Pacific Bank Trust Division lessened its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 99.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 460 shares of the electronics maker's stock after selling 205,120 shares during the quarter. Central Pacific Bank Trust Division's holdings in Advanced Energy Industries were worth $172,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Whittier Trust Co. of Nevada Inc. bought a new stake in Advanced Energy Industries during the first quarter valued at about $29,000. Root Financial Partners LLC lifted its position in shares of Advanced Energy Industries by 33.3% during the first quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker's stock valued at $35,000 after buying an additional 27 shares during the last quarter. Kemnay Advisory Services Inc. purchased a new stake in shares of Advanced Energy Industries during the fourth quarter valued at about $25,000. GHP Investment Advisors Inc. bought a new stake in shares of Advanced Energy Industries in the 1st quarter valued at about $40,000. Finally, Main Street Group LTD bought a new stake in shares of Advanced Energy Industries in the 1st quarter valued at about $40,000. 99.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Robert W. Baird boosted their price objective on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 5th. Susquehanna lifted their price target 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. Morgan Stanley upped their price target on Advanced Energy Industries from $421.00 to $439.00 and gave the stock an "overweight" rating in a research report on Tuesday. TD Cowen increased their price objective on Advanced Energy Industries from $350.00 to $370.00 and gave the company a "hold" rating in a report on Tuesday. Finally, Needham & Company LLC reissued a "buy" rating and issued a $400.00 price objective on shares of Advanced Energy Industries in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $409.50.

Advanced Energy Industries Stock Performance

Shares of Advanced Energy Industries stock opened at $323.91 on Friday. The company has a 50 day moving average price of $320.03 and a 200 day moving average price of $322.50. The firm has a market capitalization of $12.97 billion, a P/E ratio of 60.43, a PEG ratio of 1.34 and a beta of 1.29. The company has a quick ratio of 1.13, a current ratio of 3.79 and a debt-to-equity ratio of 0.78. Advanced Energy Industries, Inc. has a 52 week low of $140.66 and a 52 week high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last released its 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 company had revenue of $574.10 million for the quarter, compared to the consensus estimate of $544.41 million. During the same quarter in the previous year, the firm earned $1.50 EPS. Advanced Energy Industries's revenue was up 30.0% compared to the same quarter last year. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Sell-side analysts expect that Advanced Energy Industries, Inc. will post 8.17 EPS for the current year.

Advanced Energy Industries Dividend Announcement

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

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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