Short Interest in Advanced Energy Industries, Inc. (NASDAQ:AEIS) Drops By 42.7%

Advanced Energy Industries, Inc. (NASDAQ:AEIS) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,497,633 shares, a decrease of 42.7% from the June 15th total of 2,615,305 shares. Based on an average daily trading volume, of 1,305,514 shares, the days-to-cover ratio is presently 1.1 days. Approximately 4.0% of the company’s stock are short sold.

Advanced Energy Industries Stock Down 1.1%

Shares of AEIS opened at $301.88 on Thursday. The company has a 50 day moving average of $330.67 and a two-hundred day moving average of $314.40. Advanced Energy Industries has a twelve month low of $128.40 and a twelve month high of $397.44. The company has a market cap of $11.48 billion, a price-to-earnings ratio of 63.55, a price-to-earnings-growth ratio of 1.31 and a beta of 1.25.

Advanced Energy Industries (NASDAQ:AEIS) last issued its quarterly earnings data on Monday, May 4th. The electronics maker reported $2.09 EPS for the quarter, beating 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 firm had revenue of $511.00 million during the quarter, compared to analyst estimates of $505.81 million. During the same quarter in the prior year, the business posted $1.23 EPS. The business’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, sell-side analysts expect that Advanced Energy Industries will post 7.72 EPS for the current year.

Advanced Energy Industries Announces Dividend

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

Analyst Upgrades and Downgrades

AEIS has been the subject of several recent research reports. Zacks Research downgraded Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 30th. Bank of America increased their price objective on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Weiss Ratings downgraded shares of Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 29th. Wells Fargo & Company upgraded Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $345.00 to $465.00 in a report on Wednesday, July 1st. Finally, Cantor Fitzgerald lifted their target price on Advanced Energy Industries from $400.00 to $450.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $400.45.

Institutional Investors Weigh In On Advanced Energy Industries

Hedge funds have recently added to or reduced their stakes in the business. Tema ETFs LLC lifted its holdings in shares of Advanced Energy Industries by 151.1% in the 2nd quarter. Tema ETFs LLC now owns 96,621 shares of the electronics maker’s stock valued at $36,027,000 after buying an additional 58,140 shares during the period. Revolve Wealth Partners LLC acquired a new stake in Advanced Energy Industries during the second quarter worth about $401,000. Legacy Wealth Asset Management LLC raised its position in Advanced Energy Industries by 24.4% during the second quarter. Legacy Wealth Asset Management LLC now owns 2,082 shares of the electronics maker’s stock valued at $776,000 after acquiring an additional 409 shares in the last quarter. MRA Advisory Group purchased a new position in Advanced Energy Industries during the second quarter valued at approximately $674,000. Finally, Reinhart Partners LLC. acquired a new position in Advanced Energy Industries in the second quarter valued at approximately $3,433,000. 99.67% of the stock is owned by hedge funds and other institutional investors.

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.