Northern Trust Corp Has $42.40 Million Stake in Advanced Energy Industries, Inc. $AEIS

Key Points

• Northern Trust Corp reduced its holdings in Advanced Energy Industries, Inc. by 2.8%, now owning 444,832 shares valued at approximately $42.4 million.
• An array of institutional investors, including Summit Partners and GAMMA Investing, have significantly adjusted their positions in Advanced Energy Industries, with total ownership by institutional investors at 99.67%.
• Advanced Energy Industries reported a quarterly earnings per share of $1.50, exceeding expectations and showing a 21% year-over-year revenue growth.

Northern Trust Corp decreased its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 2.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 444,832 shares of the electronics maker's stock after selling 12,927 shares during the quarter. Northern Trust Corp owned 1.18% of Advanced Energy Industries worth $42,397,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Fox Run Management L.L.C. acquired a new stake in shares of Advanced Energy Industries in the 1st quarter valued at about $644,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Advanced Energy Industries in the 1st quarter valued at about $31,000. Russell Investments Group Ltd. raised its stake in shares of Advanced Energy Industries by 26.0% in the 1st quarter. Russell Investments Group Ltd. now owns 446 shares of the electronics maker's stock valued at $43,000 after purchasing an additional 92 shares during the period. Public Sector Pension Investment Board raised its stake in shares of Advanced Energy Industries by 27.4% in the 1st quarter. Public Sector Pension Investment Board now owns 119,511 shares of the electronics maker's stock valued at $11,391,000 after purchasing an additional 25,695 shares during the period. Finally, Nuveen LLC acquired a new stake in shares of Advanced Energy Industries in the 1st quarter valued at about $9,770,000. Institutional investors and hedge funds own 99.67% of the company's stock.

Insider Activity at Advanced Energy Industries

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

Advanced Energy Industries Stock Performance

NASDAQ AEIS traded down $0.24 during trading on Wednesday, reaching $145.25. 284,618 shares of the company's stock were exchanged, compared to its average volume of 477,845. The business has a 50 day moving average price of $144.53 and a 200-day moving average price of $121.43. The stock has a market capitalization of $5.48 billion, a P/E ratio of 65.72, a PEG 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, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $163.07.

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

Advanced Energy Industries Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms have issued reports on AEIS. Wall Street Zen raised Advanced Energy Industries from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 9th. Stifel Nicolaus set a $150.00 target price on Advanced Energy Industries and gave the company a "buy" rating in a research report on Monday, August 4th. Needham & Company LLC lifted 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. Zacks Research raised Advanced Energy Industries to a "hold" rating in a research report on Tuesday, August 12th. Finally, Wells Fargo & Company lifted their target price 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. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $140.90.

About Advanced Energy Industries

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.