Synovus Financial Corp Boosts Holdings in Advanced Energy Industries, Inc. $AEIS

Key Points

• Synovus Financial Corp has increased its ownership in Advanced Energy Industries, Inc. by 34.6% during Q1, now holding 9,896 shares valued at $943,000.
• Advanced Energy Industries reported a quarterly earnings per share (EPS) of $1.50, exceeding estimates and showing a revenue increase of 21% year-over-year, totaling $441.50 million.
• The company will pay a quarterly dividend of $0.10 per share on September 5, with a 0.3% dividend yield and a payout ratio of 18.10%.

Synovus Financial Corp boosted its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 34.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,896 shares of the electronics maker's stock after purchasing an additional 2,545 shares during the period. Synovus Financial Corp's holdings in Advanced Energy Industries were worth $943,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of AEIS. Caitong International Asset Management Co. Ltd purchased a new stake in Advanced Energy Industries during the 1st quarter worth approximately $31,000. Russell Investments Group Ltd. boosted its holdings in shares of Advanced Energy Industries by 26.0% in the 1st quarter. Russell Investments Group Ltd. now owns 446 shares of the electronics maker's stock valued at $43,000 after acquiring an additional 92 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Advanced Energy Industries in the 4th quarter valued at $47,000. Fifth Third Bancorp boosted its holdings in shares of Advanced Energy Industries by 71.5% in the 1st 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. Finally, DekaBank Deutsche Girozentrale purchased a new stake in shares of Advanced Energy Industries in the 1st quarter valued at $78,000. Hedge funds and other institutional investors own 99.67% of the company's stock.

Advanced Energy Industries Trading Down 3.8%

Shares of AEIS traded down $5.87 during mid-day trading on Monday, reaching $149.68. The stock had a trading volume of 290,725 shares, compared to its average volume of 502,612. The company has a debt-to-equity ratio of 0.45, a current ratio of 4.09 and a quick ratio of 2.97. Advanced Energy Industries, Inc. has a 52-week low of $75.01 and a 52-week high of $163.07. The business's fifty day moving average is $143.63 and its 200 day moving average is $120.91. The firm has a market cap of $5.65 billion, a price-to-earnings ratio of 67.73, a P/E/G ratio of 1.22 and a beta of 1.57.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The electronics maker reported $1.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.28 by $0.22. Advanced Energy Industries had a net margin of 5.13% and a return on equity of 12.38%. The firm had revenue of $441.50 million during the quarter, compared to analyst estimates of $421.32 million. During the same quarter in the prior year, the firm posted $0.85 earnings per share. Advanced Energy Industries's quarterly 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. On average, sell-side analysts predict that Advanced Energy Industries, Inc. will post 3.66 EPS for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 5th. Shareholders of record on Monday, August 25th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, August 25th. Advanced Energy Industries's dividend payout ratio (DPR) is 18.10%.

Insider Activity

In other Advanced Energy Industries news, EVP Paul R. Oldham sold 1,173 shares of the stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $131.29, for a total transaction of $154,003.17. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP John Donaghey sold 2,000 shares of the stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $140.00, for a total transaction of $280,000.00. Following the transaction, the executive vice president directly owned 11,029 shares of the company's stock, valued at approximately $1,544,060. This trade represents a 15.35% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 4,173 shares of company stock valued at $594,733. 1.20% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on AEIS shares. KeyCorp increased their price target on shares of Advanced Energy Industries from $160.00 to $180.00 and gave the stock an "overweight" rating in a report on Wednesday, August 27th. Wall Street Zen upgraded shares of Advanced Energy Industries from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 9th. Wells Fargo & Company increased 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 research report on Friday, June 27th. Needham & Company LLC increased their target price on shares of Advanced Energy Industries from $135.00 to $155.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Finally, Zacks Research upgraded shares of Advanced Energy Industries to a "hold" rating in a research report on Tuesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently 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.