Royce & Associates LP Has $10.69 Million Stake in Advanced Energy Industries, Inc. $AEIS

Key Points

• Royce & Associates LP reduced its position in Advanced Energy Industries by 17.1% in the fourth quarter, ending with 51,076 shares worth about $10.69 million.
• Advanced Energy reported better-than-expected Q1 results, posting EPS of $2.09 versus estimates of $1.97 and revenue of $511 million, with year-over-year revenue up 26.3%.
• Analysts remain cautiously bullish: the stock carries a consensus “Moderate Buy” rating with a $358 average price target, while the company also announced a quarterly dividend of $0.10 per share.

Royce & Associates LP decreased its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 17.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 51,076 shares of the electronics maker's stock after selling 10,500 shares during the quarter. Royce & Associates LP owned 0.14% of Advanced Energy Industries worth $10,694,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Azzad Asset Management Inc. ADV lifted its stake in Advanced Energy Industries by 0.4% in the third quarter. Azzad Asset Management Inc. ADV now owns 10,720 shares of the electronics maker's stock valued at $1,824,000 after buying an additional 45 shares during the period. Allworth Financial LP lifted its stake in Advanced Energy Industries by 9.2% in the third quarter. Allworth Financial LP now owns 582 shares of the electronics maker's stock valued at $99,000 after buying an additional 49 shares during the period. Cullen Frost Bankers Inc. lifted its stake in Advanced Energy Industries by 40.6% in the fourth quarter. Cullen Frost Bankers Inc. now owns 194 shares of the electronics maker's stock valued at $41,000 after buying an additional 56 shares during the period. EverSource Wealth Advisors LLC lifted its stake in Advanced Energy Industries by 19.9% in the third quarter. EverSource Wealth Advisors LLC now owns 374 shares of the electronics maker's stock valued at $64,000 after buying an additional 62 shares during the period. Finally, Coldstream Capital Management Inc. lifted its stake in 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 buying an additional 65 shares during the period. Institutional investors and hedge funds own 99.67% of the company's stock.

Advanced Energy Industries Price Performance

NASDAQ AEIS opened at $328.34 on Thursday. The firm has a market cap of $12.49 billion, a P/E ratio of 69.12, a P/E/G ratio of 1.48 and a beta of 1.40. Advanced Energy Industries, Inc. has a one year low of $112.68 and a one year high of $397.44. The stock's 50-day moving average is $346.55 and its 200-day moving average is $285.10.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The electronics maker reported $2.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.97 by $0.12. The business had revenue of $511.00 million during the quarter, compared to the consensus estimate of $505.81 million. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.Advanced Energy Industries's quarterly revenue was up 26.3% on a year-over-year basis. During the same period last year, the company earned $1.23 earnings per share. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Equities analysts anticipate that Advanced Energy Industries, Inc. will post 7.65 EPS for the current year.

Advanced Energy Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Monday, May 25th will be issued a dividend of $0.10 per share. The ex-dividend date is Friday, May 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. Advanced Energy Industries's dividend payout ratio (DPR) is presently 8.42%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on AEIS. Wall Street Zen raised Advanced Energy Industries from a "hold" rating to a "buy" rating in a research report on Saturday, March 7th. Wells Fargo & Company raised their price target on Advanced Energy Industries from $340.00 to $345.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 5th. Weiss Ratings raised Advanced Energy Industries from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday, May 12th. TD Cowen raised their price target on Advanced Energy Industries from $300.00 to $350.00 and gave the stock a "hold" rating in a research report on Tuesday, May 5th. Finally, Robert W. Baird raised 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. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Advanced Energy Industries presently has a consensus rating of "Moderate Buy" and a consensus price target of $358.00.

Insider Transactions at Advanced Energy Industries

In related news, CEO Stephen Douglas Kelley sold 50,000 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $316.62, for a total transaction of $15,831,000.00. Following the completion of the transaction, the chief executive officer directly owned 80,376 shares in the company, valued at approximately $25,448,649.12. This trade represents a 38.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Paul R. Oldham sold 4,314 shares of the stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $315.99, for a total value of $1,363,180.86. Following the transaction, the executive vice president owned 22,217 shares of the company's stock, valued at approximately $7,020,349.83. The trade was a 16.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 56,514 shares of company stock valued at $17,933,796 in the last ninety days. Corporate insiders own 1.30% of the company's stock.

Advanced Energy Industries Profile

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.

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