Select Equity Group L.P. Acquires New Position in Advanced Energy Industries, Inc. $AEIS

Select Equity Group L.P. purchased a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 35,917 shares of the electronics maker's stock, valued at approximately $3,423,000. Select Equity Group L.P. owned about 0.10% of Advanced Energy Industries at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sequoia Financial Advisors LLC lifted its stake in shares of Advanced Energy Industries by 9.4% in the first quarter. Sequoia Financial Advisors LLC now owns 2,169 shares of the electronics maker's stock worth $207,000 after acquiring an additional 187 shares during the period. GAMMA Investing LLC lifted its stake in shares of Advanced Energy Industries by 65.1% in the first quarter. GAMMA Investing LLC now owns 2,032 shares of the electronics maker's stock worth $194,000 after acquiring an additional 801 shares during the period. Teacher Retirement System of Texas acquired a new position in shares of Advanced Energy Industries in the first quarter worth approximately $914,000. Vontobel Holding Ltd. lifted its stake in shares of Advanced Energy Industries by 13.9% in the first quarter. Vontobel Holding Ltd. now owns 6,372 shares of the electronics maker's stock worth $607,000 after acquiring an additional 780 shares during the period. Finally, QRG Capital Management Inc. lifted its stake in Advanced Energy Industries by 6.7% in the first quarter. QRG Capital Management Inc. now owns 5,622 shares of the electronics maker's stock valued at $536,000 after buying an additional 355 shares during the period. 99.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Needham & Company LLC boosted their price target on Advanced Energy Industries from $135.00 to $155.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Wall Street Zen raised Advanced Energy Industries from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 9th. Benchmark boosted their price target 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. Zacks Research raised Advanced Energy Industries from a "hold" rating to a "strong-buy" rating in a research report on Wednesday. Finally, Stifel Nicolaus set a $150.00 target price on Advanced Energy Industries and gave the stock a "buy" rating in a research report on Monday, August 4th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $140.90.

Advanced Energy Industries Stock Performance

NASDAQ:AEIS traded down $2.34 during trading on Friday, reaching $157.19. The company's stock had a trading volume of 124,430 shares, compared to its average volume of 353,477. The firm has a market cap of $5.93 billion, a price-to-earnings ratio of 71.12, a price-to-earnings-growth ratio of 1.25 and a beta of 1.57. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.97 and a current ratio of 4.09. The firm has a 50 day moving average of $146.97 and a 200-day moving average of $122.56. Advanced Energy Industries, Inc. has a 12 month low of $75.01 and a 12 month high of $163.07.

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

Advanced Energy Industries Announces Dividend

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

Insider Activity

In other Advanced Energy Industries news, EVP Paul R. Oldham sold 1,173 shares of the firm's 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 trade represents a 3.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John Donaghey sold 1,000 shares of the firm's stock in a transaction dated Wednesday, August 13th. The shares were 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 directly owned 10,029 shares in the company, valued at approximately $1,611,961.17. The trade was a 9.07% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,173 shares of company stock worth $594,733. Insiders own 1.20% of the company's stock.

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.