Pinnacle Associates Ltd. Has $16.24 Million Stake in Advanced Energy Industries, Inc. $AEIS

Pinnacle Associates Ltd. reduced its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 4.4% in the 3rd quarter, Holdings Channel reports. The firm owned 95,430 shares of the electronics maker’s stock after selling 4,410 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Advanced Energy Industries were worth $16,236,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Lisanti Capital Growth LLC bought a new stake in Advanced Energy Industries in the third quarter valued at about $3,464,000. Fisher Asset Management LLC raised its position in Advanced Energy Industries by 80.4% in the second quarter. Fisher Asset Management LLC now owns 273,993 shares of the electronics maker’s stock worth $36,304,000 after purchasing an additional 122,094 shares in the last quarter. Tributary Capital Management LLC raised its position in Advanced Energy Industries by 92.5% in the third quarter. Tributary Capital Management LLC now owns 344,654 shares of the electronics maker’s stock worth $58,639,000 after purchasing an additional 165,655 shares in the last quarter. Rhumbline Advisers lifted its stake in Advanced Energy Industries by 3.4% during the second quarter. Rhumbline Advisers now owns 113,228 shares of the electronics maker’s stock worth $15,003,000 after purchasing an additional 3,770 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in Advanced Energy Industries by 6.8% during the third quarter. Envestnet Asset Management Inc. now owns 262,517 shares of the electronics maker’s stock valued at $44,665,000 after purchasing an additional 16,607 shares in the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.

Advanced Energy Industries Price Performance

Shares of AEIS opened at $290.78 on Monday. The company has a market capitalization of $10.98 billion, a P/E ratio of 76.12, a PEG ratio of 2.18 and a beta of 1.35. Advanced Energy Industries, Inc. has a one year low of $75.01 and a one year high of $350.00. The business’s 50 day simple moving average is $273.92 and its 200-day simple moving average is $219.11.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings results on Tuesday, February 10th. The electronics maker reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.18. Advanced Energy Industries had a return on equity of 15.72% and a net margin of 8.25%.The firm had revenue of $489.40 million during the quarter, compared to analysts’ expectations of $473.12 million. During the same period last year, the firm posted $1.30 EPS. The business’s revenue was up 17.8% on a year-over-year basis. Advanced Energy Industries has set its Q1 2026 guidance at 1.690-2.190 EPS. On average, sell-side analysts anticipate that Advanced Energy Industries, Inc. will post 3.66 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, February 23rd were paid a $0.10 dividend. The ex-dividend date was Monday, February 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. Advanced Energy Industries’s dividend payout ratio (DPR) is 10.47%.

Insider Transactions at Advanced Energy Industries

In other Advanced Energy Industries news, Director Lanesha Minnix sold 1,000 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $316.62, for a total transaction of $316,620.00. Following the sale, the director owned 4,585 shares of the company’s stock, valued at $1,451,702.70. This represents a 17.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Elizabeth Karpinski Vonne sold 964 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $328.42, for a total transaction of $316,596.88. Following the completion of the sale, the executive vice president owned 11,683 shares of the company’s stock, valued at $3,836,930.86. The trade was a 7.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on AEIS. Bank of America upped their price objective on Advanced Energy Industries from $260.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Zacks Research raised Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 13th. Wells Fargo & Company upped their price target on Advanced Energy Industries from $225.00 to $300.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 11th. Citigroup increased their price objective on Advanced Energy Industries from $255.00 to $330.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Finally, Susquehanna boosted their target price on shares of Advanced Energy Industries from $300.00 to $375.00 and gave the company a “positive” rating in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $308.50.

About Advanced Energy Industries

Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.

Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.