MetLife Investment Management LLC Has $14.15 Million Stake in Advanced Energy Industries, Inc. $AEIS

Key Points

• MetLife Investment Management LLC significantly increased its holdings in Advanced Energy Industries, Inc. by 557.2% during the first quarter, owning 148,479 shares valued at approximately $14.15 million.
• The company reported earnings of $1.50 per share, surpassing analysts' expectations, along with a revenue of $441.50 million, reflecting a 21% increase from the previous year.
• Advanced Energy Industries declared a quarterly dividend of $0.10 per share, resulting in an annualized dividend yield of 0.3%, set to be paid on September 5th.

MetLife Investment Management LLC lifted its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 557.2% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 148,479 shares of the electronics maker's stock after acquiring an additional 125,888 shares during the period. MetLife Investment Management LLC owned 0.39% of Advanced Energy Industries worth $14,152,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. The Manufacturers Life Insurance Company increased its position in Advanced Energy Industries by 21.8% in the 4th quarter. The Manufacturers Life Insurance Company now owns 774,586 shares of the electronics maker's stock worth $89,565,000 after buying an additional 138,814 shares during the period. Summit Partners Public Asset Management LLC bought a new position in Advanced Energy Industries in the 4th quarter worth approximately $71,494,000. Silvercrest Asset Management Group LLC bought a new position in Advanced Energy Industries in the 4th quarter worth approximately $58,393,000. Principal Financial Group Inc. increased its position in Advanced Energy Industries by 0.3% in the 1st quarter. Principal Financial Group Inc. now owns 477,296 shares of the electronics maker's stock worth $45,491,000 after buying an additional 1,624 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in Advanced Energy Industries by 1.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 465,162 shares of the electronics maker's stock worth $44,335,000 after buying an additional 5,041 shares during the period. 99.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on AEIS. Zacks Research raised Advanced Energy Industries to a "hold" rating in a research report on Tuesday, August 12th. Benchmark boosted their price objective on Advanced Energy Industries from $130.00 to $150.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Wells Fargo & Company boosted their price objective on Advanced Energy Industries from $110.00 to $130.00 and gave the company an "equal weight" rating in a research report on Friday, June 27th. Citigroup boosted their price target on Advanced Energy Industries from $138.00 to $140.00 and gave the company a "buy" rating in a research note on Monday, May 5th. Finally, Wall Street Zen raised Advanced Energy Industries from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 9th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Advanced Energy Industries has an average rating of "Moderate Buy" and a consensus price target of $140.90.

Insider Buying and Selling

In other news, EVP John Donaghey sold 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $140.00, for a total transaction of $280,000.00. Following the completion of the transaction, the executive vice president directly owned 11,029 shares of the company's stock, valued at $1,544,060. This trade represents a 15.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Paul R. Oldham sold 1,173 shares of the firm's stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $131.29, for a total transaction of $154,003.17. Following the transaction, the executive vice president directly owned 31,006 shares of the company's stock, valued at $4,070,777.74. This represents a 3.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 4,173 shares of company stock valued at $594,733. Insiders own 1.20% of the company's stock.

Advanced Energy Industries Trading Down 3.8%

Shares of Advanced Energy Industries stock traded down $5.87 during trading hours on Friday, hitting $149.68. The company's stock had a trading volume of 290,725 shares, compared to its average volume of 502,612. Advanced Energy Industries, Inc. has a 12 month low of $75.01 and a 12 month high of $163.07. The stock has a 50 day moving average of $143.63 and a 200 day moving average of $120.91. The company has a market capitalization of $5.65 billion, a PE ratio of 67.73, a price-to-earnings-growth ratio of 1.22 and a beta of 1.57. The company has a debt-to-equity ratio of 0.45, a current ratio of 4.09 and a quick ratio of 2.97.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The electronics maker reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.22. Advanced Energy Industries had a return on equity of 12.38% and a net margin of 5.13%.The company had revenue of $441.50 million during the quarter, compared to the consensus estimate of $421.32 million. During the same period in the prior year, the company earned $0.85 earnings per share. The company's revenue for the quarter was up 21.0% compared to the same quarter last year. Advanced Energy Industries has set its Q3 2025 guidance at 1.200-1.700 EPS. Analysts predict that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 5th. Shareholders of record on Monday, August 25th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, August 25th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. Advanced Energy Industries's dividend payout ratio is 18.10%.

Advanced Energy Industries Company Profile

Advanced Energy Industries, Inc provides precision power conversion, measurement, and control solutions in the United States and internationally. The company's plasma power products offer solutions to enable innovation for semiconductor and thin film plasma processes, such as dry etch and deposition.