Jupiter Topco LLC acquired a new position in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 17,122 shares of the electronics maker's stock, valued at approximately $6,386,000.
Several other large investors have also recently modified their holdings of the company. Kemnay Advisory Services Inc. acquired a new stake in Advanced Energy Industries in the fourth quarter valued at approximately $25,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Advanced Energy Industries during the second quarter worth $27,000. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of Advanced Energy Industries during the first quarter worth $29,000. Twin Tree Management LP purchased a new stake in shares of Advanced Energy Industries during the 4th quarter valued at $32,000. Finally, Danske Bank A S purchased a new stake in shares of Advanced Energy Industries during the 3rd quarter valued at $34,000. Institutional investors own 99.67% of the company's stock.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on AEIS shares. Seaport Research Partners upgraded Advanced Energy Industries from a "neutral" rating to a "buy" rating and set a $410.00 target price on the stock in a research note on Tuesday, August 4th. Robert W. Baird raised their price target on Advanced Energy Industries from $360.00 to $380.00 and gave the stock an "outperform" rating in a report on Tuesday, May 5th. Zacks Research upgraded Advanced Energy Industries from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 30th. KeyCorp upped 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. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $409.50.
Check Out Our Latest Stock Analysis on AEIS
Insider Buying and Selling
In related news, EVP Elizabeth Karpinski Vonne sold 907 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $290.05, for a total value of $263,075.35. Following the transaction, the executive vice president owned 9,805 shares in the company, valued at approximately $2,843,940.25. This represents a 8.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Eduardo Bernal Acebedo sold 24,771 shares of the firm's stock in a transaction that occurred on 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 directly owned 23,109 shares of the company's stock, valued at $7,290,427.32. This represents a 51.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 26,586 shares of company stock worth $8,379,904. 1.30% of the stock is owned by insiders.
Advanced Energy Industries Price Performance
NASDAQ AEIS opened at $272.82 on Monday. The company has a market cap of $10.93 billion, a price-to-earnings ratio of 50.90 and a beta of 1.29. 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's fifty day moving average price is $312.14 and its 200 day moving average price is $327.30. Advanced Energy Industries, Inc. has a 1 year low of $144.09 and a 1 year high of $397.44.
Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The electronics maker reported $2.74 EPS for the quarter, topping analysts' consensus estimates of $2.21 by $0.53. The company had revenue of $574.10 million during the quarter, compared to analysts' expectations of $544.41 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The firm's revenue was up 30.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.50 EPS. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. As a group, equities research analysts forecast that Advanced Energy Industries, Inc. will post 9.5 earnings per share for the current year.
Advanced Energy Industries Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 24th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. Advanced Energy Industries's payout ratio is 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.
Further Reading
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