Green Alpha Advisors LLC bought a new position in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,070 shares of the electronics maker's stock, valued at approximately $3,755,000. Advanced Energy Industries makes up about 2.5% of Green Alpha Advisors LLC's holdings, making the stock its 9th biggest holding.
Other hedge funds and other institutional investors have also modified their holdings of the company. Royal Bank of Canada grew its stake in Advanced Energy Industries by 16.5% in the first quarter. Royal Bank of Canada now owns 11,155 shares of the electronics maker's stock valued at $1,063,000 after purchasing an additional 1,578 shares in the last quarter. Advisors Asset Management Inc. raised its stake in shares of Advanced Energy Industries by 47.7% during the 1st quarter. Advisors Asset Management Inc. now owns 539 shares of the electronics maker's stock worth $51,000 after purchasing an additional 174 shares in the last quarter. AQR Capital Management LLC acquired a new stake in shares of Advanced Energy Industries during the 1st quarter valued at about $468,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Advanced Energy Industries by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,278 shares of the electronics maker's stock valued at $2,123,000 after buying an additional 970 shares during the last quarter. Finally, United Services Automobile Association bought a new stake in shares of Advanced Energy Industries in the 1st quarter valued at approximately $228,000. 99.67% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other Advanced Energy Industries news, EVP Elizabeth Karpinski Vonne sold 908 shares of the firm's stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $332.68, for a total value 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 trade represents a 7.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Eduardo Bernal Acebedo sold 24,771 shares of the business's stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the transaction, the chief operating officer owned 23,109 shares in the company, valued at approximately $7,290,427.32. The trade was a 51.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.30% of the company's stock.
Analyst Ratings Changes
A number of equities analysts recently commented on the company. Robert W. Baird increased their price objective on Advanced Energy Industries from $360.00 to $380.00 and gave the stock an "outperform" rating in a report on Tuesday, May 5th. Seaport Research Partners upgraded shares of Advanced Energy Industries from a "neutral" rating to a "buy" rating and set a $410.00 target price for the company in a research note on Tuesday, August 4th. Weiss Ratings downgraded shares of Advanced Energy Industries from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, May 29th. Wells Fargo & Company upgraded shares of Advanced Energy Industries from an "equal weight" rating to an "overweight" rating and increased their price target for the stock from $345.00 to $465.00 in a research note on Wednesday, July 1st. Finally, Bank of America raised their price target on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the company a "buy" rating in a report on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Advanced Energy Industries has a consensus rating of "Moderate Buy" and an average price target of $409.50.
View Our Latest Stock Analysis on Advanced Energy Industries
Advanced Energy Industries Stock Down 2.3%
AEIS stock opened at $285.83 on Friday. The stock has a market capitalization of $11.45 billion, a price-to-earnings ratio of 53.33 and a beta of 1.29. The company has a 50-day moving average of $320.67 and a two-hundred day moving average of $326.38. Advanced Energy Industries, Inc. has a 52-week low of $144.09 and a 52-week high of $397.44. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.79 and a quick ratio of 2.94.
Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 EPS for the quarter, topping analysts' consensus estimates 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 business had revenue of $574.10 million for the quarter, compared to analyst estimates of $544.41 million. During the same period in the previous year, the company posted $1.50 earnings per share. The firm's revenue for the quarter was up 30.0% on a year-over-year basis. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. As a group, equities research analysts anticipate that Advanced Energy Industries, Inc. will post 9.18 EPS for the current year.
Advanced Energy Industries Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 24th will be paid a $0.10 dividend. The ex-dividend date is Monday, August 24th. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. Advanced Energy Industries's dividend payout ratio (DPR) is presently 7.46%.
About Advanced Energy Industries
(
Free Report)
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.
See Also
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