Engineers Gate Manager LP increased its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 512.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,618 shares of the electronics maker's stock after buying an additional 24,783 shares during the period. Engineers Gate Manager LP owned about 0.07% of Advanced Energy Industries worth $11,044,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Root Financial Partners LLC grew its position in shares of Advanced Energy Industries by 33.3% during the 1st quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker's stock valued at $35,000 after acquiring an additional 27 shares during the period. Basecamp Wealth Advisors LLC raised its holdings in shares of Advanced Energy Industries by 16.2% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 222 shares of the electronics maker's stock worth $72,000 after purchasing an additional 31 shares during the period. Kintra Wealth LLC raised its holdings in shares of Advanced Energy Industries by 3.9% in the 2nd quarter. Kintra Wealth LLC now owns 1,092 shares of the electronics maker's stock worth $407,000 after purchasing an additional 41 shares during the period. Fifth Third Wealth Advisors LLC lifted its stake in Advanced Energy Industries by 4.5% in the first quarter. Fifth Third Wealth Advisors LLC now owns 1,191 shares of the electronics maker's stock valued at $384,000 after purchasing an additional 51 shares during the last quarter. Finally, Cullen Frost Bankers Inc. lifted its stake in Advanced Energy Industries by 40.6% in the fourth quarter. Cullen Frost Bankers Inc. now owns 194 shares of the electronics maker's stock valued at $41,000 after purchasing an additional 56 shares during the last quarter. Institutional investors own 99.67% of the company's stock.
Advanced Energy Industries Trading Down 4.1%
NASDAQ:AEIS opened at $273.74 on Friday. Advanced Energy Industries, Inc. has a 1 year low of $155.07 and a 1 year high of $397.44. The stock's fifty day moving average price is $297.56 and its two-hundred day moving average price is $325.03. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.79 and a quick ratio of 2.94. The company has a market cap of $10.96 billion, a P/E ratio of 51.07 and a beta of 1.31.
Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, beating the consensus estimate of $2.21 by $0.53. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The company had revenue of $574.10 million during the quarter, compared to analysts' expectations of $544.41 million. During the same period in the previous year, the business earned $1.50 earnings per share. The firm's quarterly 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. As a group, analysts expect that Advanced Energy Industries, Inc. will post 9.5 EPS for the current year.
Advanced Energy Industries Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Monday, August 24th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, August 24th. Advanced Energy Industries's payout ratio is presently 7.46%.
Insider Transactions at Advanced Energy Industries
In other news, EVP Elizabeth Vonne sold 908 shares of the company's stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $332.68, for a total transaction of $302,073.44. Following the sale, the executive vice president directly owned 10,712 shares in the company, valued at $3,563,668.16. This represents a 7.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, COO Eduardo Acebedo sold 24,771 shares of the firm's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the completion of the transaction, the chief operating officer owned 23,109 shares of the company's stock, valued at $7,290,427.32. This trade represents a 51.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 27,218 shares of company stock valued at $8,562,008 in the last ninety days. Insiders own 1.30% of the company's stock.
Analyst Upgrades and Downgrades
AEIS has been the subject of a number of recent research reports. Citigroup raised their target price on Advanced Energy Industries from $435.00 to $460.00 and gave the stock a "buy" rating in a research report on Tuesday, August 4th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Advanced Energy Industries in a research report on Wednesday, August 26th. Cantor Fitzgerald reiterated an "overweight" rating on shares of Advanced Energy Industries in a research note on Tuesday, August 4th. Wall Street Zen raised Advanced Energy Industries from a "hold" rating to a "buy" rating in a report on Saturday, June 27th. Finally, Morgan Stanley upped their price objective on shares of Advanced Energy Industries from $421.00 to $439.00 and gave the company an "overweight" rating in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Advanced Energy Industries currently has a consensus rating of "Moderate Buy" and an average price target of $409.50.
View Our Latest Stock Report on AEIS
Advanced Energy Industries Company Profile
(
Free Report)
Advanced Energy Industries, Inc NASDAQ: AEIS designs and manufactures highly engineered power conversion, measurement and control solutions. Its products help customers generate, control, convert, distribute and measure electrical power in demanding applications that require precision, reliability and high performance.
The company's product portfolio includes direct-current and alternating-current power systems, high-voltage power supplies, radio-frequency power systems, pulsed power solutions, power delivery systems, measurement instruments and thermal-management products.
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