Earnest Partners LLC Sells 3,359 Shares of Advanced Energy Industries, Inc. $AEIS

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 reduced its position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 0.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,639,968 shares of the electronics maker's stock after selling 3,359 shares during the period. Earnest Partners LLC owned about 4.36% of Advanced Energy Industries worth $156,305,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in AEIS. Caitong International Asset Management Co. Ltd bought a new position in shares of Advanced Energy Industries during the 1st quarter worth approximately $31,000. Public Employees Retirement System of Ohio bought a new position in shares of Advanced Energy Industries during the 4th quarter worth approximately $47,000. Russell Investments Group Ltd. boosted its holdings in shares of Advanced Energy Industries by 26.0% during the 1st quarter. Russell Investments Group Ltd. now owns 446 shares of the electronics maker's stock worth $43,000 after buying an additional 92 shares in the last quarter. Fifth Third Bancorp boosted its holdings in shares of Advanced Energy Industries by 71.5% during the 1st quarter. Fifth Third Bancorp now owns 559 shares of the electronics maker's stock worth $53,000 after buying an additional 233 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale bought a new position in shares of Advanced Energy Industries during the 1st quarter worth approximately $78,000. 99.67% of the stock is currently owned by institutional investors.

Advanced Energy Industries Stock Up 0.9%

Shares of NASDAQ:AEIS opened at $154.44 on Wednesday. The company has a market capitalization of $5.83 billion, a PE ratio of 69.88, a price-to-earnings-growth ratio of 1.24 and a beta of 1.52. The company has a debt-to-equity ratio of 0.45, a current ratio of 4.09 and a quick ratio of 2.97. The business has a fifty day moving average price of $142.19 and a two-hundred day moving average price of $120.07. Advanced Energy Industries, Inc. has a 1 year low of $75.01 and a 1 year high of $163.07.

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, beating analysts' consensus estimates of $1.28 by $0.22. The firm had revenue of $441.50 million during the quarter, compared to the consensus estimate of $421.32 million. Advanced Energy Industries had a return on equity of 12.38% and a net margin of 5.13%.The business's revenue for the quarter was up 21.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.85 EPS. Advanced Energy Industries has set its Q3 2025 guidance at 1.200-1.700 EPS. Analysts forecast 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 disclosed a quarterly dividend, which will be paid on Friday, September 5th. Shareholders 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 yield of 0.3%. The ex-dividend date is Monday, August 25th. Advanced Energy Industries's dividend payout ratio is 18.10%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on AEIS. Wall Street Zen upgraded Advanced Energy Industries from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 9th. Benchmark upped their target price on Advanced Energy Industries from $130.00 to $150.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. KeyCorp reaffirmed an "overweight" rating on shares of Advanced Energy Industries in a research report on Wednesday. Needham & Company LLC upped their target price on Advanced Energy Industries from $135.00 to $155.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Finally, Wells Fargo & Company upped their target price on Advanced Energy Industries from $110.00 to $130.00 and gave the stock an "equal weight" rating in a research report on Friday, June 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $138.90.

Insiders Place Their Bets

In other news, EVP John Donaghey sold 2,000 shares of the stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $140.00, for a total transaction of $280,000.00. Following the completion of the transaction, the executive vice president owned 11,029 shares in the company, valued at approximately $1,544,060. This represents a 15.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 value of $154,003.17. Following the transaction, the executive vice president owned 31,006 shares of the company's stock, valued at $4,070,777.74. The trade was a 3.65% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,173 shares of company stock valued at $594,733 in the last 90 days. Corporate insiders own 1.20% of the company's stock.

Advanced Energy Industries 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.

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