First Citizens Bank & Trust Co. Makes New Investment in Advanced Energy Industries, Inc. $AEIS

First Citizens Bank & Trust Co. purchased a new stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,967 shares of the electronics maker's stock, valued at approximately $658,000.

Other hedge funds also recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its stake 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 worth $45,491,000 after buying an additional 1,624 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Advanced Energy Industries by 1.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 465,162 shares of the electronics maker's stock valued at $44,335,000 after acquiring an additional 5,041 shares during the period. Segall Bryant & Hamill LLC raised its position in shares of Advanced Energy Industries by 5.7% in the 1st quarter. Segall Bryant & Hamill LLC now owns 163,300 shares of the electronics maker's stock worth $15,564,000 after acquiring an additional 8,852 shares in the last quarter. MetLife Investment Management LLC lifted its stake in shares of Advanced Energy Industries by 557.2% during the 1st quarter. MetLife Investment Management LLC now owns 148,479 shares of the electronics maker's stock worth $14,152,000 after purchasing an additional 125,888 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH boosted its position in Advanced Energy Industries by 7.3% during the second quarter. Fort Washington Investment Advisors Inc. OH now owns 136,017 shares of the electronics maker's stock valued at $18,022,000 after purchasing an additional 9,272 shares in the last quarter. 99.67% of the stock is owned by hedge funds and other institutional investors.

Advanced Energy Industries Trading Up 2.1%

NASDAQ AEIS opened at $202.61 on Friday. Advanced Energy Industries, Inc. has a 12 month low of $75.01 and a 12 month high of $205.36. 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 firm's 50-day moving average is $167.68 and its two-hundred day moving average is $138.80. The stock has a market capitalization of $7.64 billion, a P/E ratio of 91.68, a PEG ratio of 1.60 and a beta of 1.55.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last issued its quarterly earnings results 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 net margin of 5.13% and a return on equity of 12.38%. The business had revenue of $441.50 million for the quarter, compared to analysts' expectations of $421.32 million. During the same quarter in the prior year, the company earned $0.85 earnings per share. The business's quarterly revenue 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. On average, sell-side analysts anticipate that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on AEIS shares. Weiss Ratings reissued a "hold (c)" rating on shares of Advanced Energy Industries in a research report on Friday. Benchmark increased their price target 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. TD Cowen boosted their price objective on Advanced Energy Industries from $118.00 to $140.00 and gave the company a "hold" rating in a research report on Wednesday, August 6th. Wall Street Zen upgraded Advanced Energy Industries from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 9th. Finally, Zacks Research raised shares of Advanced Energy Industries from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, September 10th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $154.44.

Insider Activity

In other Advanced Energy Industries news, EVP John Donaghey sold 1,000 shares of the company's 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 transaction, the executive vice president owned 10,029 shares in the company, valued at $1,611,961.17. This represents a 9.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 1.20% of the company's stock.

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.

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