Summit Partners Public Asset Management LLC Acquires 70,130 Shares of Advanced Energy Industries, Inc. $AEIS

Summit Partners Public Asset Management LLC raised its holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 28.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 320,918 shares of the electronics maker’s stock after buying an additional 70,130 shares during the quarter. Advanced Energy Industries accounts for about 1.4% of Summit Partners Public Asset Management LLC’s investment portfolio, making the stock its 15th largest holding. Summit Partners Public Asset Management LLC’s holdings in Advanced Energy Industries were worth $67,191,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the business. Keybank National Association OH purchased a new stake in Advanced Energy Industries in the fourth quarter worth $644,000. Congress Asset Management Co. purchased a new stake in Advanced Energy Industries in the fourth quarter worth $47,502,000. Elevation Point Wealth Partners LLC grew its stake in Advanced Energy Industries by 595.2% in the third quarter. Elevation Point Wealth Partners LLC now owns 5,068 shares of the electronics maker’s stock worth $862,000 after purchasing an additional 4,339 shares during the period. Campbell Newman Asset Management Inc. purchased a new stake in Advanced Energy Industries in the fourth quarter worth $1,954,000. Finally, TD Asset Management Inc purchased a new stake in Advanced Energy Industries in the third quarter worth $1,392,000. 99.67% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Advanced Energy Industries

In other news, EVP Elizabeth Karpinski Vonne sold 966 shares of the business’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $369.40, for a total value of $356,840.40. Following the completion of the transaction, the executive vice president owned 11,616 shares in the company, valued at $4,290,950.40. The trade was a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is owned by corporate insiders.

Advanced Energy Industries Trading Down 5.5%

Advanced Energy Industries stock opened at $350.45 on Wednesday. The business’s fifty day simple moving average is $345.63 and its two-hundred day simple moving average is $296.60. Advanced Energy Industries, Inc. has a 12 month low of $123.74 and a 12 month high of $397.44. The company has a market capitalization of $13.33 billion, a price-to-earnings ratio of 73.78, a price-to-earnings-growth ratio of 1.59 and a beta of 1.30.

Advanced Energy Industries (NASDAQ:AEIS) last released its earnings results on Monday, May 4th. The electronics maker reported $2.09 EPS for the quarter, topping the consensus estimate of $1.97 by $0.12. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.The business had revenue of $511.00 million for the quarter, compared to the consensus estimate of $505.81 million. During the same period in the previous year, the company posted $1.23 earnings per share. The company’s revenue for the quarter was up 26.3% compared to the same quarter last year. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. On average, equities research analysts predict that Advanced Energy Industries, Inc. will post 7.72 EPS for the current year.

Advanced Energy Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, May 25th were paid a $0.10 dividend. The ex-dividend date was Friday, May 22nd. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. Advanced Energy Industries’s payout ratio is currently 8.42%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on AEIS shares. TD Cowen upped their price target on Advanced Energy Industries from $300.00 to $350.00 and gave the stock a “hold” rating in a research note on Tuesday, May 5th. Susquehanna upped their price target on Advanced Energy Industries from $375.00 to $430.00 and gave the stock a “positive” rating in a research note on Tuesday, May 5th. Needham & Company LLC upped their price target on Advanced Energy Industries from $330.00 to $400.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Robert W. Baird upped their price target on Advanced Energy Industries from $360.00 to $380.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Finally, Weiss Ratings downgraded Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Advanced Energy Industries has a consensus rating of “Moderate Buy” and an average target price of $361.82.

Advanced Energy Industries Profile

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.