Flputnam Investment Management Co. Makes New $6.42 Million Investment in Advanced Energy Industries, Inc. $AEIS

Key Points

• Flputnam Investment Management purchased 17,209 shares of Advanced Energy Industries worth approximately $6.42 million in the second quarter. Institutional investors now own 99.67% of the company, with several other funds also initiating or increasing positions.
• Advanced Energy reported strong quarterly results, with EPS of $2.74 beating estimates by $0.53 and revenue of $574.1 million surpassing forecasts. Revenue rose 30% year over year, and the company issued third-quarter 2026 EPS guidance of $2.75–$3.25.
• Analysts maintain a generally positive outlook, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $409.50, compared with a recent price of $330.26. The company also declared a quarterly dividend of $0.10 per share.

Flputnam Investment Management Co. bought a new stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 17,209 shares of the electronics maker's stock, valued at approximately $6,417,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Global Retirement Partners LLC bought a new stake in Advanced Energy Industries in the second quarter valued at about $70,000. Bank of New York Mellon Corp bought a new position in Advanced Energy Industries during the second quarter worth about $95,719,000. State of Wyoming acquired a new position in shares of Advanced Energy Industries during the 2nd quarter worth about $128,000. GSA Capital Partners LLP acquired a new position in shares of Advanced Energy Industries during the 2nd quarter worth about $790,000. Finally, Tema ETFs LLC increased its stake in shares of Advanced Energy Industries by 151.1% in the 2nd quarter. Tema ETFs LLC now owns 96,621 shares of the electronics maker's stock valued at $36,027,000 after acquiring an additional 58,140 shares during the last quarter. 99.67% of the stock is currently owned by institutional investors.

Advanced Energy Industries Price Performance

Shares of NASDAQ AEIS opened at $330.26 on Monday. The company has a fifty day moving average price of $322.37 and a 200 day moving average price of $325.24. The firm has a market cap of $13.23 billion, a PE ratio of 61.62 and a beta of 1.29. The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78. Advanced Energy Industries, Inc. has a 1-year low of $143.38 and a 1-year high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $0.53. The firm had revenue of $574.10 million for the quarter, compared to the consensus estimate of $544.41 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The company's revenue for the quarter was up 30.0% on a year-over-year basis. During the same quarter last year, the business posted $1.50 EPS. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Research analysts predict that Advanced Energy Industries, Inc. will post 9.18 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 24th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, August 24th. Advanced Energy Industries's dividend payout ratio (DPR) is currently 7.46%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Cantor Fitzgerald reiterated an "overweight" rating on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. KeyCorp boosted their price objective on shares of Advanced Energy Industries from $375.00 to $415.00 and gave the company an "overweight" rating in a report on Tuesday, May 5th. Weiss Ratings downgraded shares of Advanced Energy Industries from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, May 29th. Citigroup increased their target price on shares of Advanced Energy Industries from $435.00 to $460.00 and gave the stock a "buy" rating in a report on Tuesday, August 4th. Finally, Robert W. Baird lifted their price target on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $409.50.

Advanced Energy Industries Company Profile

Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.

Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.

Want to see what other hedge funds are holding AEIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source