Handelsbanken Fonder AB Has $16.45 Million Stock Position in Advanced Energy Industries, Inc. $AEIS

Key Points

• Handelsbanken Fonder AB reduced its Advanced Energy Industries stake by 10.2% in the second quarter, selling 5,007 shares and retaining 44,132 shares valued at approximately $16.45 million. Institutional investors collectively own 99.67% of AEIS.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $409.50. Recent ratings included upgrades from Wall Street Zen and Zacks Research, while TD Cowen raised its target to $370.
• Advanced Energy reported quarterly EPS of $2.74, exceeding the $2.21 consensus estimate, while revenue rose 30% year over year to $574.1 million. The company also declared a quarterly dividend of $0.10 per share.

Handelsbanken Fonder AB lowered its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 10.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,132 shares of the electronics maker's stock after selling 5,007 shares during the quarter. Handelsbanken Fonder AB owned approximately 0.12% of Advanced Energy Industries worth $16,455,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Root Financial Partners LLC boosted its holdings in shares of Advanced Energy Industries by 33.3% in the first quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker's stock worth $35,000 after buying an additional 27 shares during the period. Basecamp Wealth Advisors LLC raised its holdings in shares of Advanced Energy Industries by 16.2% during the first quarter. Basecamp Wealth Advisors LLC now owns 222 shares of the electronics maker's stock valued at $72,000 after acquiring an additional 31 shares during the period. Fifth Third Wealth Advisors LLC lifted its position in shares of Advanced Energy Industries by 4.5% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 1,191 shares of the electronics maker's stock valued at $384,000 after acquiring an additional 51 shares in the last quarter. Cullen Frost Bankers Inc. lifted its position in shares of Advanced Energy Industries by 40.6% in the 4th quarter. Cullen Frost Bankers Inc. now owns 194 shares of the electronics maker's stock valued at $41,000 after acquiring an additional 56 shares in the last quarter. Finally, CIBC Private Wealth Group LLC boosted its stake in Advanced Energy Industries by 6.8% in the 4th quarter. CIBC Private Wealth Group LLC now owns 906 shares of the electronics maker's stock worth $190,000 after purchasing an additional 58 shares during the period. Institutional investors and hedge funds own 99.67% of the company's stock.

Analyst Ratings Changes

Several research firms have weighed in on AEIS. Wall Street Zen upgraded shares of Advanced Energy Industries from a "hold" rating to a "buy" rating in a research report on Saturday, June 27th. Zacks Research upgraded Advanced Energy Industries from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 30th. Weiss Ratings cut Advanced Energy Industries from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, May 29th. Cantor Fitzgerald reiterated an "overweight" rating on shares of Advanced Energy Industries in a report on Tuesday, August 4th. Finally, TD Cowen upped their price target on Advanced Energy Industries from $350.00 to $370.00 and gave the company a "hold" rating in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $409.50.

Advanced Energy Industries Trading Up 3.0%

NASDAQ AEIS opened at $337.32 on Thursday. 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. The firm's fifty day simple moving average is $321.48 and its 200-day simple moving average is $324.30. The company has a market capitalization of $13.51 billion, a PE ratio of 62.93 and a beta of 1.29.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $574.10 million during the quarter, compared to analysts' expectations of $544.41 million. During the same quarter last year, the firm earned $1.50 earnings per share. The business'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, sell-side analysts anticipate that Advanced Energy Industries, Inc. will post 9.18 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 24th will be issued 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 is Monday, August 24th. Advanced Energy Industries's payout ratio is currently 7.46%.

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.

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