Nuveen LLC Purchases New Position in Advanced Energy Industries, Inc. $AEIS

Key Points

• Nuveen LLC has acquired a new stake in Advanced Energy Industries, Inc., purchasing 102,512 shares valued at approximately $9.77 million, which represents about 0.27% ownership.
• Advanced Energy Industries recently reported $1.50 EPS for the quarter, outperforming estimates, with a revenue of $441.5 million, marking a 21% year-over-year increase.
• The company announced a quarterly dividend of $0.10 per share set to be paid on September 5th, with an annualized yield of 0.3% and a dividend payout ratio of 18.10%.

Nuveen LLC acquired a new stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 102,512 shares of the electronics maker's stock, valued at approximately $9,770,000. Nuveen LLC owned about 0.27% of Advanced Energy Industries as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of AEIS. Russell Investments Group Ltd. increased its position in Advanced Energy Industries by 61.6% during the fourth quarter. Russell Investments Group Ltd. now owns 354 shares of the electronics maker's stock valued at $41,000 after acquiring an additional 135 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Advanced Energy Industries during the fourth quarter valued at $47,000. Fifth Third Bancorp increased its position in Advanced Energy Industries by 71.5% during the first quarter. Fifth Third Bancorp now owns 559 shares of the electronics maker's stock valued at $53,000 after acquiring an additional 233 shares during the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in Advanced Energy Industries during the first quarter valued at $78,000. Finally, Versant Capital Management Inc increased its position in Advanced Energy Industries by 385.6% during the first quarter. Versant Capital Management Inc now owns 1,049 shares of the electronics maker's stock valued at $100,000 after acquiring an additional 833 shares during the last quarter. Hedge funds and other institutional investors own 99.67% of the company's stock.

Advanced Energy Industries Stock Performance

AEIS traded up $1.82 during midday trading on Thursday, reaching $155.55. The company had a trading volume of 244,146 shares, compared to its average volume of 517,550. 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, Inc. has a 1 year low of $75.01 and a 1 year high of $163.07. The business has a 50-day moving average of $143.21 and a two-hundred day moving average of $120.60. The company has a market cap of $5.87 billion, a P/E ratio of 70.38, a P/E/G 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 (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 firm had revenue of $441.50 million during the quarter, compared to analysts' expectations of $421.32 million. During the same quarter last year, the business posted $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, equities research analysts predict that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Investors of record on Monday, August 25th will be given a dividend of $0.10 per share. The ex-dividend date 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 (DPR) is currently 18.10%.

Insider Activity

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

Analyst Ratings Changes

A number of analysts recently commented on the company. Citigroup upped their price objective on Advanced Energy Industries from $138.00 to $140.00 and gave the company a "buy" rating in a research report on Monday, May 5th. Robert W. Baird upped their price target on Advanced Energy Industries from $124.00 to $132.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. TD Cowen upped their price target on Advanced Energy Industries from $118.00 to $140.00 and gave the stock a "hold" rating in a research report on Wednesday, August 6th. Zacks Research upgraded Advanced Energy Industries to a "hold" rating in a research report on Tuesday, August 12th. Finally, Wells Fargo & Company upped their price target 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 research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price 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.