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Vanguard Group Inc. Sells 47,514 Shares of Advanced Energy Industries, Inc. $AEIS

Advanced Energy Industries logo with Computer and Technology background

Key Points

  • Vanguard Group Inc. has reduced its stake in Advanced Energy Industries by 1.0%, now holding approximately 4.87 million shares valued at $463.79 million.
  • Advanced Energy Industries reported $1.50 EPS for its latest quarter, outperforming analysts' expectations of $1.28, with a revenue increase of 21% year-over-year.
  • The company declared a quarterly dividend of $0.10 per share, representing an annualized yield of 0.3%, with a payout ratio of 18.10%.
  • Five stocks to consider instead of Advanced Energy Industries.

Vanguard Group Inc. cut its position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 1.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,866,155 shares of the electronics maker's stock after selling 47,514 shares during the quarter. Vanguard Group Inc. owned 12.92% of Advanced Energy Industries worth $463,793,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Russell Investments Group Ltd. increased its holdings in shares of Advanced Energy Industries by 61.6% in the 4th 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. Public Employees Retirement System of Ohio acquired a new position in Advanced Energy Industries in the fourth quarter worth approximately $47,000. Kayne Anderson Rudnick Investment Management LLC acquired a new position in Advanced Energy Industries during the fourth quarter valued at approximately $51,000. Fifth Third Bancorp grew its holdings in Advanced Energy Industries by 71.5% during the first quarter. Fifth Third Bancorp now owns 559 shares of the electronics maker's stock valued at $53,000 after purchasing an additional 233 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale acquired a new position in Advanced Energy Industries during the first quarter valued at approximately $78,000. 99.67% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Advanced Energy Industries

In other Advanced Energy Industries news, EVP John Donaghey sold 1,000 shares of the firm's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $160.73, for a total transaction of $160,730.00. Following the completion of the sale, the executive vice president 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Paul R. Oldham sold 1,173 shares of the stock in a transaction on Friday, June 20th. The stock was sold at an average price of $131.29, for a total value of $154,003.17. Following the transaction, the executive vice president owned 31,006 shares in the company, valued at $4,070,777.74. The trade was a 3.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,173 shares of company stock valued at $594,733 in the last ninety days. Insiders own 1.20% of the company's stock.

Advanced Energy Industries Stock Down 1.8%

NASDAQ:AEIS traded down $2.67 during trading hours on Wednesday, reaching $147.74. 491,121 shares of the stock were exchanged, compared to its average volume of 498,570. Advanced Energy Industries, Inc. has a twelve month low of $75.01 and a twelve month high of $163.07. The company has a debt-to-equity ratio of 0.45, a current ratio of 4.09 and a quick ratio of 2.97. The firm has a 50 day moving average of $139.97 and a 200 day moving average of $118.91. The stock has a market cap of $5.57 billion, a PE ratio of 66.85, a PEG ratio of 1.22 and a beta of 1.52.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The electronics maker reported $1.50 EPS for the quarter, beating 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 revenue for the quarter was up 21.0% compared to the same quarter last year. During the same quarter 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. On average, equities analysts expect that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Stifel Nicolaus set a $150.00 price objective on Advanced Energy Industries and gave the company a "buy" rating in a research report on Monday, August 4th. TD Cowen upped their price objective on Advanced Energy Industries from $118.00 to $140.00 and gave the company a "hold" rating in a research note on Wednesday, August 6th. Wells Fargo & Company lifted their price objective on Advanced Energy Industries from $110.00 to $130.00 and gave the company an "equal weight" rating in a report on Friday, June 27th. Robert W. Baird lifted their price target on Advanced Energy Industries from $124.00 to $132.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Finally, Needham & Company LLC lifted their price target on Advanced Energy Industries from $135.00 to $155.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. One investment 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, Advanced Energy Industries currently has a consensus rating of "Moderate Buy" and a consensus target price of $138.90.

Check Out Our Latest Analysis on Advanced Energy Industries

About Advanced Energy Industries

(Free Report)

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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Institutional Ownership by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

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