Sierra Summit Advisors LLC Takes $894,000 Position in Advanced Energy Industries, Inc. $AEIS

Sierra Summit Advisors LLC purchased a new stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) during the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 2,771 shares of the electronics maker’s stock, valued at approximately $894,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Root Financial Partners LLC lifted its position in shares of Advanced Energy Industries by 33.3% during the 1st quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker’s stock worth $35,000 after buying an additional 27 shares during the last quarter. Kemnay Advisory Services Inc. bought a new position in Advanced Energy Industries in the fourth quarter valued at about $25,000. GHP Investment Advisors Inc. bought a new position in Advanced Energy Industries in the first quarter valued at about $40,000. Bayforest Capital Ltd acquired a new position in Advanced Energy Industries during the fourth quarter worth about $29,000. Finally, Twin Tree Management LP acquired a new position in Advanced Energy Industries during the fourth quarter worth about $32,000. 99.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. TD Cowen raised their price target on shares of Advanced Energy Industries from $300.00 to $350.00 and gave the company a “hold” rating in a research note on Tuesday, May 5th. Robert W. Baird upped their price objective on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Wells Fargo & Company raised shares of Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $345.00 to $465.00 in a research note on Wednesday. Wall Street Zen upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Finally, Weiss Ratings lowered shares of Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $400.45.

Insiders Place Their Bets

In other Advanced Energy Industries news, EVP Elizabeth Karpinski Vonne sold 966 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $369.40, for a total transaction of $356,840.40. Following the sale, the executive vice president directly owned 11,616 shares of the company’s stock, valued at $4,290,950.40. The trade was a 7.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.30% of the stock is owned by insiders.

Advanced Energy Industries Stock Down 12.7%

Shares of AEIS opened at $311.27 on Friday. The stock has a market cap of $11.84 billion, a PE ratio of 65.53, a PEG ratio of 1.53 and a beta of 1.25. Advanced Energy Industries, Inc. has a 12-month low of $128.40 and a 12-month high of $397.44. The business has a 50-day simple moving average of $343.21 and a two-hundred day simple moving average of $308.80.

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

Advanced Energy Industries Dividend Announcement

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

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.