Advanced Energy Industries, Inc. $AEIS Shares Sold by Earnest Partners LLC

Key Points

• Earnest Partners LLC reduced its stake in Advanced Energy Industries by selling 3,359 shares, decreasing its ownership to approximately 4.36% of the company, valued at about $156.3 million.
• Advanced Energy Industries reported earnings of $1.50 per share for the latest quarter, exceeding analyst expectations and reflecting a 21% increase in year-over-year revenue.
• The company announced a quarterly dividend of $0.10, which will be paid to shareholders on September 5th, representing an annualized yield of 0.3% with a payout ratio of 18.10%.

Earnest Partners LLC cut its position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 0.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,639,968 shares of the electronics maker's stock after selling 3,359 shares during the quarter. Earnest Partners LLC owned approximately 4.36% of Advanced Energy Industries worth $156,305,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. The Manufacturers Life Insurance Company grew its holdings in shares of Advanced Energy Industries by 21.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 774,586 shares of the electronics maker's stock worth $89,565,000 after buying an additional 138,814 shares in the last quarter. Summit Partners Public Asset Management LLC purchased a new stake in shares of Advanced Energy Industries during the fourth quarter worth about $71,494,000. Silvercrest Asset Management Group LLC purchased a new stake in shares of Advanced Energy Industries during the fourth quarter worth about $58,393,000. Principal Financial Group Inc. grew its holdings in Advanced Energy Industries by 0.3% in the first quarter. Principal Financial Group Inc. now owns 477,296 shares of the electronics maker's stock valued at $45,491,000 after purchasing an additional 1,624 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Advanced Energy Industries by 1.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 465,162 shares of the electronics maker's stock valued at $44,335,000 after purchasing an additional 5,041 shares during the period. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AEIS has been the subject of a number of recent analyst reports. Needham & Company LLC boosted their target price 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. Stifel Nicolaus set a $150.00 target price on shares of Advanced Energy Industries and gave the company a "buy" rating in a report on Monday, August 4th. TD Cowen boosted their target price 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. Citigroup boosted their target price on shares of Advanced Energy Industries from $138.00 to $140.00 and gave the company a "buy" rating in a report on Monday, May 5th. Finally, Wells Fargo & Company boosted their target price on shares of Advanced Energy Industries from $110.00 to $130.00 and gave the company an "equal weight" rating in a report on Friday, June 27th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Advanced Energy Industries currently has an average rating of "Moderate Buy" and a consensus price target of $140.90.

Advanced Energy Industries Trading Down 3.8%

AEIS stock traded down $5.87 during midday trading on Monday, reaching $149.68. 290,725 shares of the company's stock traded hands, compared to its average volume of 502,612. The company has a market capitalization of $5.65 billion, a P/E ratio of 67.73, a PEG ratio of 1.22 and a beta of 1.57. The company has a debt-to-equity ratio of 0.45, a current ratio of 4.09 and a quick ratio of 2.97. Advanced Energy Industries, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $163.07. The business has a 50-day moving average price of $143.63 and a two-hundred day moving average price of $120.91.

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

Advanced Energy Industries Announces Dividend

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

Insiders Place Their Bets

In related news, EVP John Donaghey sold 1,000 shares of Advanced Energy Industries stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $160.73, for a total value of $160,730.00. Following the completion of the sale, the executive vice president owned 10,029 shares in the company, valued at approximately $1,611,961.17. The trade was a 9.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Paul R. Oldham sold 1,173 shares of the business's stock in a transaction on Friday, June 20th. The shares were sold at an average price of $131.29, for a total transaction of $154,003.17. Following the sale, the executive vice president owned 31,006 shares of the company's stock, valued at approximately $4,070,777.74. The trade was a 3.65% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,173 shares of company stock valued at $594,733. Insiders own 1.20% of the company's stock.

About Advanced Energy Industries

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.