Advanced Energy Industries, Inc. $AEIS Shares Sold by NorthCrest Asset Manangement LLC

Key Points

• NorthCrest Asset Management LLC reduced its stake in Advanced Energy Industries by 37.1% in Q2, selling 3,472 shares and holding 5,885 shares valued at $813,000.
• Several institutional investors have altered their positions in Advanced Energy Industries, with Sequoia Financial Advisors increasing its holdings by 9.4% and GAMMA Investing raising its stake by 65.1% in Q1.
• The company's stock has received positive attention from analysts, with Benchmark and Wall Street Zen boosting their price targets to $150 and upgrading their ratings to "buy" and "strong-buy," respectively.

NorthCrest Asset Manangement LLC decreased its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 37.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,885 shares of the electronics maker's stock after selling 3,472 shares during the quarter. NorthCrest Asset Manangement LLC's holdings in Advanced Energy Industries were worth $813,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Principal Financial Group Inc. increased its holdings in shares of 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 valued at $45,491,000 after acquiring an additional 1,624 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of 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 valued at $44,335,000 after acquiring an additional 5,041 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Advanced Energy Industries by 15,632.7% in the 1st quarter. GAMMA Investing LLC now owns 193,670 shares of the electronics maker's stock valued at $18,459,000 after acquiring an additional 192,439 shares during the last quarter. Segall Bryant & Hamill LLC boosted its position in shares of Advanced Energy Industries by 5.7% in the 1st quarter. Segall Bryant & Hamill LLC now owns 163,300 shares of the electronics maker's stock valued at $15,564,000 after purchasing an additional 8,852 shares during the period. Finally, MetLife Investment Management LLC boosted its position in shares of Advanced Energy Industries by 557.2% in the 1st quarter. MetLife Investment Management LLC now owns 148,479 shares of the electronics maker's stock valued at $14,152,000 after purchasing an additional 125,888 shares during the period. Hedge funds and other institutional investors own 99.67% of the company's stock.

Advanced Energy Industries Price Performance

NASDAQ AEIS traded up $3.17 during mid-day trading on Tuesday, hitting $177.94. The stock had a trading volume of 52,750 shares, compared to its average volume of 361,422. Advanced Energy Industries, Inc. has a 52-week low of $75.01 and a 52-week high of $179.28. The company has a market cap of $6.71 billion, a price-to-earnings ratio of 80.73, a P/E/G ratio of 1.38 and a beta of 1.57. The company has a 50 day simple moving average of $150.35 and a 200 day simple moving average of $125.20. The company has a quick ratio of 2.97, a current ratio of 4.09 and a debt-to-equity ratio of 0.45.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The electronics maker reported $1.50 EPS for the quarter, beating analysts' consensus estimates 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 business had revenue of $441.50 million during the quarter, compared to the consensus estimate of $421.32 million. During the same quarter in the previous year, the business earned $0.85 earnings per share. The business's revenue for the quarter 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. Equities analysts forecast that Advanced Energy Industries, Inc. will post 3.66 EPS for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Monday, August 25th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, August 25th. Advanced Energy Industries's payout ratio is presently 18.10%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. TD Cowen upped their target price on Advanced Energy Industries from $118.00 to $140.00 and gave the company a "hold" rating in a research report on Wednesday, August 6th. Needham & Company LLC upped their target price on Advanced Energy Industries from $135.00 to $155.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Benchmark increased their price objective on Advanced Energy Industries from $130.00 to $150.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. KeyCorp increased their price objective on Advanced Energy Industries from $160.00 to $180.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 27th. Finally, Wells Fargo & Company increased their price objective on Advanced Energy Industries from $110.00 to $130.00 and gave the stock an "equal weight" rating in a research report on Friday, June 27th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $140.90.

Insiders Place Their Bets

In related news, EVP John Donaghey sold 1,000 shares of the business's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $160.73, for a total value of $160,730.00. Following the completion of the sale, the executive vice president directly owned 10,029 shares of the company's stock, valued at $1,611,961.17. The trade was a 9.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.20% of the stock is currently 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.