Tributary Capital Management LLC Sells 1,509 Shares of Advanced Energy Industries, Inc. $AEIS

Key Points

• Tributary Capital Management LLC reduced its stake in Advanced Energy Industries by 0.8%, now holding 178,999 shares valued at approximately $23.7 million, making it the fund's 6th largest position.
• Advanced Energy Industries reported a quarterly earnings per share (EPS) of $1.50, exceeding expectations, with a revenue of $441.5 million, marking a 21.0% year-over-year increase.
• Several analysts have increased their price targets for Advanced Energy Industries, with Wells Fargo setting a target of $130 and TD Cowen raising it to $140, reflecting a generally positive market outlook.

Tributary Capital Management LLC trimmed its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 0.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 178,999 shares of the electronics maker's stock after selling 1,509 shares during the quarter. Advanced Energy Industries comprises 2.1% of Tributary Capital Management LLC's investment portfolio, making the stock its 6th biggest position. Tributary Capital Management LLC owned 0.48% of Advanced Energy Industries worth $23,717,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Ethic Inc. boosted its holdings in Advanced Energy Industries by 20.5% in the 2nd quarter. Ethic Inc. now owns 5,542 shares of the electronics maker's stock valued at $733,000 after purchasing an additional 942 shares during the last quarter. D.A. Davidson & CO. purchased a new stake in shares of Advanced Energy Industries in the 2nd quarter valued at approximately $238,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Advanced Energy Industries in the 2nd quarter valued at approximately $492,000. Mutual of America Capital Management LLC raised its stake in shares of Advanced Energy Industries by 6.2% in the 2nd quarter. Mutual of America Capital Management LLC now owns 39,241 shares of the electronics maker's stock valued at $5,199,000 after acquiring an additional 2,275 shares during the period. Finally, NorthRock Partners LLC raised its stake in shares of Advanced Energy Industries by 25.9% in the 2nd quarter. NorthRock Partners LLC now owns 8,687 shares of the electronics maker's stock valued at $1,151,000 after acquiring an additional 1,789 shares during the period. 99.67% of the stock is currently owned by institutional investors and hedge funds.

Advanced Energy Industries Trading Down 3.1%

Shares of NASDAQ:AEIS opened at $190.46 on Thursday. Advanced Energy Industries, Inc. has a 52 week low of $75.01 and a 52 week high of $198.68. The company's 50 day moving average is $165.92 and its two-hundred day moving average is $136.75. The company has a current ratio of 4.09, a quick ratio of 2.97 and a debt-to-equity ratio of 0.45. The company has a market cap of $7.18 billion, a PE ratio of 86.18, a P/E/G ratio of 1.56 and a beta of 1.55.

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

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Wells Fargo & Company increased their target price on shares of Advanced Energy Industries from $110.00 to $130.00 and gave the stock an "equal weight" rating in a report on Friday, June 27th. Zacks Research upgraded shares of Advanced Energy Industries from a "hold" rating to a "strong-buy" rating in a report on Wednesday, September 10th. Weiss Ratings reiterated a "hold (c)" rating on shares of Advanced Energy Industries in a report on Wednesday, October 8th. KeyCorp increased their target price on shares of Advanced Energy Industries from $180.00 to $195.00 and gave the stock an "overweight" rating in a report on Friday, October 10th. Finally, TD Cowen increased their target price on shares of Advanced Energy Industries from $118.00 to $140.00 and gave the stock a "hold" rating in a report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, Advanced Energy Industries presently has a consensus rating of "Moderate Buy" and a consensus target price of $154.44.

Insider Activity at Advanced Energy Industries

In related news, EVP John Donaghey sold 1,000 shares of the stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $160.73, for a total value of $160,730.00. Following the transaction, the executive vice president directly owned 10,029 shares of the company's stock, valued at $1,611,961.17. This trade represents a 9.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.20% of the stock is owned by company insiders.

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.

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