Navellier & Associates Inc. grew its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) by 20.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,269 shares of the electronics maker’s stock after acquiring an additional 3,496 shares during the period. Navellier & Associates Inc.’s holdings in Advanced Energy Industries were worth $7,558,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in AEIS. BlackRock Inc. purchased a new stake in Advanced Energy Industries during the 2nd quarter worth about $1,725,045,000. Bank of America Corp DE bought a new position in Advanced Energy Industries in the 2nd quarter worth about $382,342,000. Geode Capital Management LLC grew its holdings in Advanced Energy Industries by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 956,979 shares of the electronics maker’s stock valued at $200,393,000 after buying an additional 28,549 shares in the last quarter. Norges Bank purchased a new position in Advanced Energy Industries during the 4th quarter valued at about $123,403,000. Finally, Franklin Resources Inc. increased its position in shares of Advanced Energy Industries by 55.4% during the fourth quarter. Franklin Resources Inc. now owns 487,494 shares of the electronics maker’s stock valued at $102,067,000 after buying an additional 173,836 shares during the period. 99.67% of the stock is owned by institutional investors.
Insider Activity at Advanced Energy Industries
In other news, COO Eduardo Bernal Acebedo sold 24,771 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the sale, the chief operating officer owned 23,109 shares in the company, valued at approximately $7,290,427.32. This trade represents a 51.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Elizabeth Karpinski Vonne sold 907 shares of the company’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $290.05, for a total transaction of $263,075.35. Following the completion of the transaction, the executive vice president owned 9,805 shares of the company’s stock, valued at $2,843,940.25. This trade represents a 8.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 26,586 shares of company stock valued at $8,379,904. 1.30% of the stock is currently owned by company insiders.
Advanced Energy Industries Price Performance
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.53. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The firm had revenue of $574.10 million during the quarter, compared to the consensus estimate of $544.41 million. During the same quarter last year, the company posted $1.50 EPS. The company’s revenue for the quarter was up 30.0% on a year-over-year basis. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. As a group, equities analysts anticipate that Advanced Energy Industries, Inc. will post 9.5 EPS for the current fiscal year.
Advanced Energy Industries Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 24th will be given a dividend of $0.10 per share. The ex-dividend date is Monday, August 24th. This represents a $0.40 annualized dividend and a yield of 0.1%. Advanced Energy Industries’s payout ratio is presently 7.46%.
Analyst Ratings Changes
A number of brokerages have recently issued reports on AEIS. Cantor Fitzgerald reissued an “overweight” rating on shares of Advanced Energy Industries in a report on Tuesday, August 4th. Wall Street Zen raised shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Advanced Energy Industries in a report on Wednesday. Susquehanna increased their target price on shares of Advanced Energy Industries from $430.00 to $535.00 and gave the stock a “positive” rating in a research note on Tuesday, June 30th. Finally, Seaport Research Partners raised shares of Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 price target for the company in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Advanced Energy Industries has an average rating of “Moderate Buy” and an average price target of $409.50.
Check Out Our Latest Stock Report on Advanced Energy Industries
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.
Featured Stories
- Five stocks we like better than Advanced Energy Industries
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Want to see what other hedge funds are holding AEIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report).
Receive News & Ratings for Advanced Energy Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Energy Industries and related companies with MarketBeat.com's FREE daily email newsletter.
