NewEdge Advisors LLC Sells 9,364 Shares of Advanced Energy Industries, Inc. $AEIS

Key Points

• NewEdge Advisors cut its Advanced Energy Industries stake by 83.3% in the second quarter, selling 9,364 shares and retaining 1,873 shares worth approximately $698,000.
• Advanced Energy reported strong quarterly results, with EPS of $2.74 beating estimates by $0.53 and revenue rising 30% year over year to $574.1 million. The company issued third-quarter EPS guidance of $2.75–$3.25.
• Analysts maintain a favorable outlook, with a consensus “Moderate Buy” rating and an average price target of $409.50 versus the stock’s reported $279.43 price; insiders, however, sold 27,218 shares worth $8.56 million over the past 90 days.

NewEdge Advisors LLC reduced its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 83.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,873 shares of the electronics maker's stock after selling 9,364 shares during the quarter. NewEdge Advisors LLC's holdings in Advanced Energy Industries were worth $698,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Root Financial Partners LLC boosted its position 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 valued at $35,000 after acquiring an additional 27 shares during the period. Basecamp Wealth Advisors LLC increased its holdings in Advanced Energy Industries by 16.2% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 222 shares of the electronics maker's stock worth $72,000 after acquiring an additional 31 shares during the period. Kintra Wealth LLC increased its holdings in Advanced Energy Industries by 3.9% during the 2nd quarter. Kintra Wealth LLC now owns 1,092 shares of the electronics maker's stock worth $407,000 after acquiring an additional 41 shares during the period. Fifth Third Wealth Advisors LLC lifted its stake in 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 worth $384,000 after purchasing an additional 51 shares in the last quarter. Finally, Coldstream Capital Management Inc. lifted its stake in Advanced Energy Industries by 2.3% in the 4th quarter. Coldstream Capital Management Inc. now owns 2,856 shares of the electronics maker's stock worth $598,000 after purchasing an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 99.67% of the company's stock.

Insider Activity

In other Advanced Energy Industries news, COO Eduardo Acebedo sold 24,771 shares of Advanced Energy Industries stock in a transaction dated 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 completion of the sale, the chief operating officer owned 23,109 shares of the company's stock, 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 document filed with the SEC, which is available at this hyperlink. Also, EVP Elizabeth Vonne sold 632 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $288.14, for a total value of $182,104.48. Following the transaction, the executive vice president owned 9,177 shares in the company, valued at $2,644,260.78. This trade represents a 6.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 27,218 shares of company stock valued at $8,562,008. Corporate insiders own 1.30% of the company's stock.

Advanced Energy Industries Price Performance

AEIS stock opened at $279.43 on Thursday. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.79 and a quick ratio of 2.94. Advanced Energy Industries, Inc. has a one year low of $163.13 and a one year high of $397.44. The stock has a market cap of $11.19 billion, a PE ratio of 52.13 and a beta of 1.31. The firm has a 50 day simple moving average of $290.56 and a two-hundred day simple moving average of $320.77.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, beating the consensus estimate of $2.21 by $0.53. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The firm had revenue of $574.10 million for the quarter, compared to analysts' expectations of $544.41 million. During the same quarter last year, the company posted $1.50 EPS. The business's quarterly revenue 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. On average, analysts predict that Advanced Energy Industries, Inc. will post 9.5 EPS for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Monday, August 24th were given a dividend of $0.10 per share. The ex-dividend date was Monday, August 24th. This represents a $0.40 dividend on an annualized basis and a yield of 0.1%. Advanced Energy Industries's dividend payout ratio (DPR) is presently 7.46%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Needham & Company LLC restated a "buy" rating and set a $400.00 price target on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. Morgan Stanley increased their price objective on Advanced Energy Industries from $421.00 to $439.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 4th. Wells Fargo & Company raised Advanced Energy Industries from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $345.00 to $465.00 in a research note on Wednesday, July 1st. Zacks Research upgraded Advanced Energy Industries from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 30th. Finally, Susquehanna upped their target price on Advanced Energy Industries from $430.00 to $535.00 and gave the stock a "positive" rating in a research note on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $409.50.

Advanced Energy Industries Company Profile

Advanced Energy Industries, Inc NASDAQ: AEIS designs and manufactures highly engineered power conversion, measurement and control solutions. Its products help customers generate, control, convert, distribute and measure electrical power in demanding applications that require precision, reliability and high performance.

The company's product portfolio includes direct-current and alternating-current power systems, high-voltage power supplies, radio-frequency power systems, pulsed power solutions, power delivery systems, measurement instruments and thermal-management products.

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