MetLife Investment Management LLC Acquires 125,888 Shares of 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 raised its position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 557.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 148,479 shares of the electronics maker's stock after purchasing an additional 125,888 shares during the quarter. MetLife Investment Management LLC owned 0.39% of Advanced Energy Industries worth $14,152,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in AEIS. Russell Investments Group Ltd. raised its stake in Advanced Energy Industries by 61.6% during the 4th quarter. Russell Investments Group Ltd. now owns 354 shares of the electronics maker's stock valued at $41,000 after purchasing an additional 135 shares during the period. Stifel Financial Corp grew its holdings in shares of Advanced Energy Industries by 2.6% during the 4th quarter. Stifel Financial Corp now owns 11,036 shares of the electronics maker's stock valued at $1,276,000 after acquiring an additional 284 shares in the last quarter. Dark Forest Capital Management LP purchased a new position in shares of Advanced Energy Industries during the 4th quarter valued at $330,000. Banco Bilbao Vizcaya Argentaria S.A. purchased a new position in shares of Advanced Energy Industries during the 4th quarter valued at $763,000. Finally, Coldstream Capital Management Inc. purchased a new position in shares of Advanced Energy Industries during the 4th quarter valued at $203,000. 99.67% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. TD Cowen boosted their price target on shares of Advanced Energy Industries from $118.00 to $140.00 and gave the company a "hold" rating in a report on Wednesday, August 6th. Benchmark boosted their price target on shares of Advanced Energy Industries from $130.00 to $150.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Zacks Research upgraded shares of Advanced Energy Industries to a "hold" rating in a report on Tuesday, August 12th. Wall Street Zen upgraded shares of Advanced Energy Industries from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 9th. Finally, Wells Fargo & Company boosted their price target on shares of Advanced Energy Industries from $110.00 to $130.00 and gave the company an "equal weight" rating in a report on Friday, June 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $140.90.

Advanced Energy Industries Stock Performance

Shares of NASDAQ AEIS traded up $1.82 during mid-day trading on Thursday, hitting $155.55. The company had a trading volume of 244,146 shares, compared to its average volume of 517,550. The company has a debt-to-equity ratio of 0.45, a current ratio of 4.09 and a quick ratio of 2.97. The business's 50-day simple moving average is $143.21 and its 200-day simple moving average is $120.60. Advanced Energy Industries, Inc. has a 12 month low of $75.01 and a 12 month high of $163.07. The firm has a market cap of $5.87 billion, a P/E ratio of 70.38, a PEG ratio of 1.25 and a beta of 1.52.

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

Advanced Energy Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Investors of record on Monday, August 25th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, August 25th. Advanced Energy Industries's dividend payout ratio (DPR) is presently 18.10%.

Insider Activity

In related news, EVP Paul R. Oldham sold 1,173 shares of the stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $131.29, for a total value of $154,003.17. Following the completion of the sale, the executive vice president owned 31,006 shares in the company, valued at approximately $4,070,777.74. This trade represents a 3.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John Donaghey sold 1,000 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $160.73, for a total transaction of $160,730.00. Following the completion of the sale, the executive vice president owned 10,029 shares of the company's stock, valued at approximately $1,611,961.17. The trade was a 9.07% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,173 shares of company stock valued at $594,733. 1.20% of the stock is owned by corporate insiders.

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.