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Advanced Energy Industries, Inc. $AEIS Shares Sold by Raymond James Financial Inc.

Advanced Energy Industries logo with Computer and Technology background

Raymond James Financial Inc. reduced its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 62.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,436 shares of the electronics maker's stock after selling 52,869 shares during the quarter. Raymond James Financial Inc. owned approximately 0.09% of Advanced Energy Industries worth $3,091,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd purchased a new position in Advanced Energy Industries during the 1st quarter valued at $31,000. Russell Investments Group Ltd. increased its position in Advanced Energy Industries by 26.0% during 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 Employees Retirement System of Ohio purchased a new position in Advanced Energy Industries during the 4th quarter valued at $47,000. Fifth Third Bancorp lifted 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 buying an additional 233 shares during the period. Finally, DekaBank Deutsche Girozentrale bought a new stake in shares of Advanced Energy Industries during the 1st quarter valued at $78,000. 99.67% of the stock is owned by hedge funds and other institutional investors.

Advanced Energy Industries Stock Up 1.8%

Shares of Advanced Energy Industries stock traded up $2.89 during trading on Thursday, hitting $160.14. 156,664 shares of the stock traded hands, compared to its average volume of 353,984. The firm has a market cap of $6.04 billion, a P/E ratio of 72.46, a price-to-earnings-growth ratio of 1.23 and a beta of 1.57. The company has a current ratio of 4.09, a quick ratio of 2.97 and a debt-to-equity ratio of 0.45. Advanced Energy Industries, Inc. has a 52-week low of $75.01 and a 52-week high of $163.07. The stock's fifty day simple moving average is $146.54 and its 200 day simple moving average is $122.33.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The electronics maker reported $1.50 earnings per share 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 company had revenue of $441.50 million for the quarter, compared to the consensus estimate of $421.32 million. During the same quarter last year, the company earned $0.85 earnings per share. The firm's revenue for the quarter was up 21.0% compared to the same quarter last year. Advanced Energy Industries has set its Q3 2025 guidance at 1.200-1.700 EPS. On average, equities 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 declared a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Monday, August 25th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Monday, August 25th. Advanced Energy Industries's dividend payout ratio (DPR) is currently 18.10%.

Insider Activity

In other Advanced Energy Industries news, EVP John Donaghey sold 1,000 shares of the firm'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 owned 10,029 shares of the company's stock, valued at approximately $1,611,961.17. This trade represents a 9.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Paul R. Oldham sold 1,173 shares of Advanced Energy Industries 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 directly owned 31,006 shares of the company's stock, valued at $4,070,777.74. This trade represents a 3.65% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 4,173 shares of company stock valued at $594,733. Corporate insiders own 1.20% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently commented on AEIS shares. Wall Street Zen upgraded shares of Advanced Energy Industries from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 9th. TD Cowen boosted their target price on shares of Advanced Energy Industries from $118.00 to $140.00 and gave the company a "hold" rating in a report on Wednesday, August 6th. Wells Fargo & Company boosted their target price on shares of Advanced Energy Industries from $110.00 to $130.00 and gave the company an "equal weight" rating in a report on Friday, June 27th. Stifel Nicolaus set a $150.00 target price on shares of Advanced Energy Industries and gave the stock a "buy" rating in a report on Monday, August 4th. Finally, Benchmark boosted their price objective on Advanced Energy Industries from $130.00 to $150.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $140.90.

Check Out Our Latest Stock Report on AEIS

About Advanced Energy Industries

(Free Report)

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.

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Institutional Ownership by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

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