Pacer Advisors Inc. Purchases New Stake in Advanced Energy Industries, Inc. $AEIS

Key Points

• Pacer Advisors acquired 6,007 shares of Advanced Energy Industries valued at approximately $1.94 million, joining other institutions that increased their positions. Institutional investors and hedge funds own 99.67% of AEIS.
• Advanced Energy reported quarterly revenue of $574.1 million and EPS of $2.74, exceeding analyst estimates of $544.4 million and $2.21, respectively. Revenue rose 30% year over year, and the company guided for third-quarter EPS of $2.75–$3.25.
• Analysts maintain a favorable outlook, with the stock carrying a consensus “Moderate Buy” rating and an average price target of $409.50 versus a recent price of $325.02. The company also declared a quarterly dividend of $0.10 per share.

Pacer Advisors Inc. acquired a new position in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 6,007 shares of the electronics maker's stock, valued at approximately $1,939,000.

A number of other institutional investors have also recently bought and sold shares of AEIS. Root Financial Partners LLC raised 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 purchasing an additional 27 shares during the period. Fifth Third Wealth Advisors LLC boosted its holdings in shares of Advanced Energy Industries by 4.5% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 1,191 shares of the electronics maker's stock worth $384,000 after buying an additional 51 shares during the period. Cullen Frost Bankers Inc. raised its holdings in Advanced Energy Industries by 40.6% in the 4th quarter. Cullen Frost Bankers Inc. now owns 194 shares of the electronics maker's stock worth $41,000 after acquiring an additional 56 shares during the period. CIBC Private Wealth Group LLC grew its position in shares of Advanced Energy Industries by 6.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 906 shares of the electronics maker's stock valued at $190,000 after purchasing an additional 58 shares during the last quarter. Finally, Coldstream Capital Management Inc. grew its position in shares of Advanced Energy Industries by 2.3% in the fourth quarter. Coldstream Capital Management Inc. now owns 2,856 shares of the electronics maker's stock valued at $598,000 after purchasing an additional 65 shares during the last quarter. 99.67% of the stock is currently owned by institutional investors and hedge funds.

Advanced Energy Industries Stock Up 0.3%

AEIS stock opened at $325.02 on Friday. Advanced Energy Industries, Inc. has a twelve month low of $143.38 and a twelve month high of $397.44. The company has a quick ratio of 1.13, a current ratio of 3.79 and a debt-to-equity ratio of 0.78. The company has a market cap of $13.02 billion, a PE ratio of 60.64, a price-to-earnings-growth ratio of 1.17 and a beta of 1.29. The business's 50-day simple moving average is $320.49 and its 200 day simple moving average is $322.52.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The electronics maker reported $2.74 EPS for the quarter, beating the consensus estimate of $2.21 by $0.53. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The firm had revenue of $574.10 million during the quarter, compared to analysts' expectations of $544.41 million. During the same quarter in the prior year, the firm posted $1.50 EPS. The company's revenue for the quarter 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, research analysts anticipate that Advanced Energy Industries, Inc. will post 9.18 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 24th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, August 24th. Advanced Energy Industries's dividend payout ratio is presently 7.46%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Needham & Company LLC reissued a "buy" rating and set a $400.00 price objective on shares of Advanced Energy Industries in a research report on Tuesday. Zacks Research raised Advanced Energy Industries from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 30th. Robert W. Baird lifted their price target on Advanced Energy Industries from $360.00 to $380.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 5th. Wall Street Zen upgraded Advanced Energy Industries from a "hold" rating to a "buy" rating in a report on Saturday, June 27th. Finally, Bank of America increased their price objective on Advanced Energy Industries from $430.00 to $450.00 and gave the company a "buy" rating in a research report on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $409.50.

About Advanced Energy Industries

Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.

Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source