Hsbc Holdings PLC Grows Stock Holdings in Advanced Energy Industries, Inc. $AEIS

Key Points

• HSBC Holdings increased its Advanced Energy Industries stake by 127.9% in the second quarter, reaching 51,656 shares valued at approximately $19.0 million. Institutional investors collectively own 99.67% of AEIS shares.
• Analysts maintain a positive outlook, with a consensus “Moderate Buy” rating and an average price target of $409.50. Recent target increases included Susquehanna’s move to $535 and Seaport Research Partners’ upgrade to “Buy.”
• Advanced Energy reported strong quarterly results, with $2.74 in EPS and $574.1 million in revenue, beating estimates and growing revenue 30% year over year. The company also declared a quarterly dividend of $0.10 per share, while insiders have sold roughly $8.4 million in stock over the past 90 days.

Hsbc Holdings PLC lifted its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 127.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,656 shares of the electronics maker's stock after purchasing an additional 28,988 shares during the quarter. Hsbc Holdings PLC owned about 0.13% of Advanced Energy Industries worth $19,027,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. purchased a new position in Advanced Energy Industries during the second quarter valued at $1,725,045,000. Bank of America Corp DE purchased a new stake in shares of Advanced Energy Industries in the second quarter worth $382,342,000. Norges Bank purchased a new stake in shares of Advanced Energy Industries in the fourth quarter worth $123,403,000. The Manufacturers Life Insurance Company bought a new position in shares of Advanced Energy Industries during the second quarter valued at $166,162,000. Finally, Fuller & Thaler Asset Management Inc. increased its holdings in shares of Advanced Energy Industries by 1,734.1% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 427,674 shares of the electronics maker's stock valued at $89,542,000 after acquiring an additional 404,356 shares in the last quarter. Hedge funds and other institutional investors own 99.67% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on AEIS shares. Seaport Research Partners raised Advanced Energy Industries from a "neutral" rating to a "buy" rating and set a $410.00 price target for the company in a research report on Tuesday, August 4th. Susquehanna increased their price objective on shares of Advanced Energy Industries from $430.00 to $535.00 and gave the company a "positive" rating in a research report on Tuesday, June 30th. Zacks Research upgraded shares of Advanced Energy Industries from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 30th. Needham & Company LLC reaffirmed a "buy" rating and issued a $400.00 target price on shares of Advanced Energy Industries in a report on Tuesday, August 4th. Finally, TD Cowen upped their target price on shares of Advanced Energy Industries from $350.00 to $370.00 and gave the stock a "hold" rating in a research note on Tuesday, August 4th. One 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 stock. According to data from MarketBeat.com, Advanced Energy Industries presently has a consensus rating of "Moderate Buy" and a consensus target price of $409.50.

Advanced Energy Industries Stock Up 2.8%

AEIS stock opened at $288.72 on Wednesday. Advanced Energy Industries, Inc. has a 1-year low of $151.95 and a 1-year high of $397.44. The business has a fifty day moving average price of $299.72 and a 200-day moving average price of $325.68. 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 stock has a market capitalization of $11.56 billion, a P/E ratio of 53.87 and a beta of 1.31.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 EPS 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 for the quarter, compared to analysts' expectations of $544.41 million. During the same period last year, the firm posted $1.50 earnings per share. Advanced Energy Industries's 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. Equities analysts forecast that Advanced Energy Industries, Inc. will post 9.5 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders 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 dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, August 24th. Advanced Energy Industries's dividend payout ratio (DPR) is presently 7.46%.

Insider Transactions at Advanced Energy Industries

In other news, COO Eduardo Acebedo sold 24,771 shares of Advanced Energy Industries stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total value of $7,814,755.08. Following the completion of the sale, the chief operating officer directly owned 23,109 shares in the company, valued at $7,290,427.32. The trade was a 51.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Elizabeth Vonne sold 907 shares of Advanced Energy Industries stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $290.05, for a total transaction of $263,075.35. Following the completion of the sale, the executive vice president owned 9,805 shares of the company's stock, valued at $2,843,940.25. This represents a 8.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 26,586 shares of company stock worth $8,379,904. Insiders own 1.30% of the company's stock.

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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