Channing Capital Management LLC Sells 22,048 Shares of Advanced Energy Industries, Inc. $AEIS

Key Points

• Channing Capital Management LLC owns $67.73 million worth of shares in Advanced Energy Industries after a 3.0% reduction in holdings during the first quarter.
• Several institutional investors have increased their stakes, with Hsbc Holdings PLC and Fuller & Thaler Asset Management boosting their investments significantly.
• Advanced Energy Industries recently reported earnings that exceeded analysts' expectations, with a 21.0% year-over-year revenue increase for the quarter and announced a quarterly dividend of $0.10.

Channing Capital Management LLC reduced its holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 3.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 710,649 shares of the electronics maker's stock after selling 22,048 shares during the quarter. Advanced Energy Industries accounts for 2.0% of Channing Capital Management LLC's portfolio, making the stock its 22nd largest position. Channing Capital Management LLC owned about 1.89% of Advanced Energy Industries worth $67,732,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in AEIS. Summit Partners Public Asset Management LLC acquired a new stake in Advanced Energy Industries in the 4th quarter valued at approximately $71,494,000. Silvercrest Asset Management Group LLC acquired a new stake in Advanced Energy Industries in the 4th quarter valued at approximately $58,393,000. GAMMA Investing LLC increased its position in Advanced Energy Industries by 15,632.7% in the 1st quarter. GAMMA Investing LLC now owns 193,670 shares of the electronics maker's stock valued at $18,459,000 after acquiring an additional 192,439 shares during the period. The Manufacturers Life Insurance Company increased its position in Advanced Energy Industries by 21.8% in the 4th quarter. The Manufacturers Life Insurance Company now owns 774,586 shares of the electronics maker's stock valued at $89,565,000 after acquiring an additional 138,814 shares during the period. Finally, Nuveen LLC acquired a new stake in Advanced Energy Industries in the 1st quarter valued at approximately $9,770,000. 99.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Advanced Energy Industries

In related news, EVP Paul R. Oldham sold 1,173 shares of the stock in a transaction on Friday, June 20th. The stock was 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 approximately $4,070,777.74. This trade represents a 3.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John Donaghey sold 1,000 shares of the stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $160.73, for a total value 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 corporate insiders.

Advanced Energy Industries Stock Up 1.6%

Shares of NASDAQ:AEIS traded up $2.39 during midday trading on Tuesday, hitting $155.40. 64,659 shares of the stock were exchanged, compared to its average volume of 357,570. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.97 and a current ratio of 4.09. Advanced Energy Industries, Inc. has a 52-week low of $75.01 and a 52-week high of $163.07. The business's fifty day simple moving average is $141.59 and its two-hundred day simple moving average is $119.83. The company has a market capitalization of $5.86 billion, a PE ratio of 70.46, a P/E/G ratio of 1.26 and a beta of 1.52.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The electronics maker reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.22. Advanced Energy Industries had a return on equity of 12.38% and a net margin of 5.13%.The business had revenue of $441.50 million during the quarter, compared to analyst estimates of $421.32 million. During the same period last year, the company earned $0.85 earnings per share. Advanced Energy Industries's quarterly 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, research analysts predict that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

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

Analyst Ratings Changes

Several analysts recently commented on the company. Citigroup raised their target price on Advanced Energy Industries from $138.00 to $140.00 and gave the company a "buy" rating in a research report on Monday, May 5th. Robert W. Baird increased their price target on Advanced Energy Industries from $124.00 to $132.00 and gave the company an "outperform" rating in a research note on Thursday, May 1st. Stifel Nicolaus set a $150.00 price target on Advanced Energy Industries and gave the company a "buy" rating in a research note on Monday, August 4th. Wall Street Zen raised Advanced Energy Industries from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 9th. Finally, Benchmark increased their price objective on Advanced Energy Industries from $130.00 to $150.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Advanced Energy Industries presently has a consensus rating of "Moderate Buy" and a consensus price target of $138.90.

Advanced Energy Industries Company 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.