3,528 Shares in Advanced Energy Industries, Inc. (NASDAQ:AEIS) Bought by Tema Etfs LLC

Tema Etfs LLC bought a new stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,528 shares of the electronics maker's stock, valued at approximately $408,000.

A number of other institutional investors have also recently made changes to their positions in AEIS. Russell Investments Group Ltd. raised its position in Advanced Energy Industries by 61.6% during the fourth quarter. Russell Investments Group Ltd. now owns 354 shares of the electronics maker's stock valued at $41,000 after purchasing an additional 135 shares during the period. Kayne Anderson Rudnick Investment Management LLC purchased a new stake in Advanced Energy Industries during the 4th quarter valued at $51,000. Venturi Wealth Management LLC bought a new stake in Advanced Energy Industries in the fourth quarter worth $74,000. Principal Securities Inc. boosted its stake in Advanced Energy Industries by 16.1% during the fourth quarter. Principal Securities Inc. now owns 989 shares of the electronics maker's stock worth $114,000 after buying an additional 137 shares during the period. Finally, Blue Trust Inc. boosted its stake in Advanced Energy Industries by 26.3% during the fourth quarter. Blue Trust Inc. now owns 1,023 shares of the electronics maker's stock worth $108,000 after buying an additional 213 shares during the period. Institutional investors own 99.67% of the company's stock.

Insider Activity at Advanced Energy Industries

In other Advanced Energy Industries news, COO Eduardo Bernal Acebedo sold 19,309 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $111.61, for a total transaction of $2,155,077.49. Following the completion of the sale, the chief operating officer now directly owns 19,822 shares of the company's stock, valued at approximately $2,212,333.42. This represents a 49.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.20% of the stock is currently owned by corporate insiders.

Advanced Energy Industries Stock Down 0.1%

Shares of AEIS stock traded down $0.06 during mid-day trading on Thursday, hitting $115.94. The stock had a trading volume of 178,444 shares, compared to its average volume of 265,601. Advanced Energy Industries, Inc. has a 12-month low of $75.01 and a 12-month high of $132.16. The company has a debt-to-equity ratio of 0.47, a current ratio of 4.42 and a quick ratio of 3.27. The firm's 50-day moving average is $100.22 and its two-hundred day moving average is $110.71. The firm has a market capitalization of $4.37 billion, a P/E ratio of 81.08, a price-to-earnings-growth ratio of 1.39 and a beta of 1.50.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The electronics maker reported $1.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.97 by $0.26. The company had revenue of $404.60 million during the quarter, compared to analyst estimates of $392.36 million. Advanced Energy Industries had a net margin of 3.66% and a return on equity of 8.90%. The firm's revenue for the quarter was up 23.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.58 earnings per share. On average, analysts predict that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Monday, May 26th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.35%. Advanced Energy Industries's dividend payout ratio is presently 20.62%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on AEIS shares. Stifel Nicolaus restated a "buy" rating and issued a $130.00 target price (down previously from $135.00) on shares of Advanced Energy Industries in a report on Thursday, May 1st. Needham & Company LLC dropped their target price on Advanced Energy Industries from $145.00 to $135.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Citigroup upped their target price on Advanced Energy Industries from $138.00 to $140.00 and gave the company a "buy" rating in a research note on Monday, May 5th. Wells Fargo & Company dropped their price objective on Advanced Energy Industries from $115.00 to $110.00 and set an "equal weight" rating for the company in a report on Thursday, February 13th. Finally, Wall Street Zen raised Advanced Energy Industries from a "sell" rating to a "hold" rating in a research report on Tuesday, May 6th. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $124.67.

Advanced Energy Industries Company Profile

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.