Connor Clark & Lunn Investment Management Ltd. Takes Position in Advanced Energy Industries, Inc. $AEIS

Key Points

• Connor Clark & Lunn Investment Management Ltd. acquired 6,135 shares of Advanced Energy Industries, valued at approximately $585,000, indicating growing institutional interest in the company.
• Analysts are bullish on Advanced Energy Industries, with recent upgrades pushing the stock's price target to an average of $138.90, reflecting expectations of strong performance.
• The company reported $1.50 earnings per share for the last quarter, surpassing analysts' expectations, alongside a notable year-over-year revenue increase of 21%.

Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,135 shares of the electronics maker's stock, valued at approximately $585,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Russell Investments Group Ltd. grew its holdings in shares of Advanced Energy Industries by 61.6% in the 4th quarter. Russell Investments Group Ltd. now owns 354 shares of the electronics maker's stock valued at $41,000 after buying an additional 135 shares during the period. Public Employees Retirement System of Ohio acquired a new position in shares of Advanced Energy Industries in the 4th quarter valued at $47,000. Kayne Anderson Rudnick Investment Management LLC acquired a new position in shares of Advanced Energy Industries in the 4th quarter valued at $51,000. Fifth Third Bancorp grew its holdings in shares of Advanced Energy Industries by 71.5% in the 1st quarter. Fifth Third Bancorp now owns 559 shares of the electronics maker's stock valued at $53,000 after buying an additional 233 shares during the period. Finally, DekaBank Deutsche Girozentrale acquired a new position in shares of Advanced Energy Industries in the 1st quarter valued at $78,000. Institutional investors and hedge funds own 99.67% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Needham & Company LLC boosted their price target on shares of Advanced Energy Industries from $135.00 to $155.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. TD Cowen boosted their price target on shares of Advanced Energy Industries from $118.00 to $140.00 and gave the company a "hold" rating in a report on Wednesday, August 6th. Robert W. Baird boosted their price objective on shares of Advanced Energy Industries from $124.00 to $132.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. Wells Fargo & Company boosted their price objective on shares of Advanced Energy Industries from $110.00 to $130.00 and gave the company an "equal weight" rating in a research report on Friday, June 27th. Finally, KeyCorp boosted their price objective on shares of Advanced Energy Industries from $150.00 to $160.00 and gave the company an "overweight" rating in a research report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $138.90.

Insider Activity

In other news, EVP John Donaghey sold 1,000 shares of the business's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $160.73, for a total transaction of $160,730.00. Following the transaction, the executive vice president directly owned 10,029 shares in the company, valued at $1,611,961.17. The trade was a 9.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Paul R. Oldham sold 1,173 shares of the business's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $131.29, for a total transaction of $154,003.17. Following the transaction, the executive vice president owned 31,006 shares in the company, valued at $4,070,777.74. This represents a 3.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,173 shares of company stock worth $594,733 over the last three months. Insiders own 1.20% of the company's stock.

Advanced Energy Industries Stock Up 4.3%

AEIS traded up $6.44 during trading on Friday, hitting $154.51. The company had a trading volume of 375,893 shares, compared to its average volume of 510,124. The firm's 50-day moving average price is $141.03 and its 200 day moving average price is $119.50. The company has a quick ratio of 2.97, a current ratio of 4.09 and a debt-to-equity ratio of 0.45. Advanced Energy Industries, Inc. has a one year low of $75.01 and a one year high of $163.07. The company has a market capitalization of $5.83 billion, a PE ratio of 69.91, a PEG ratio of 1.26 and a beta of 1.52.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The electronics maker reported $1.50 EPS for the quarter, topping the consensus estimate of $1.28 by $0.22. Advanced Energy Industries had a net margin of 5.13% and a return on equity of 12.38%. The firm had revenue of $441.50 million for the quarter, compared to analysts' expectations of $421.32 million. During the same period in the previous year, the firm posted $0.85 EPS. The company's revenue for the quarter was up 21.0% on a year-over-year basis. Advanced Energy Industries has set its Q3 2025 guidance at 1.200-1.700 EPS. As a group, equities analysts expect that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 5th. Shareholders of record on Monday, August 25th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, August 25th. This represents a $0.40 annualized dividend and a yield of 0.3%. Advanced Energy Industries's payout ratio is 18.10%.

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.