Renaissance Technologies LLC Acquires New Holdings in Advanced Energy Industries, Inc. $AEIS

Renaissance Technologies LLC acquired a new position in Advanced Energy Industries, Inc. (NASDAQ:AEIS) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,322 shares of the electronics maker’s stock, valued at approximately $749,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Kemnay Advisory Services Inc. acquired a new position in Advanced Energy Industries during the 4th quarter valued at about $25,000. Bayforest Capital Ltd acquired a new stake in shares of Advanced Energy Industries in the 4th quarter worth approximately $29,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Advanced Energy Industries in the 1st quarter worth approximately $29,000. Twin Tree Management LP bought a new position in shares of Advanced Energy Industries in the fourth quarter valued at approximately $32,000. Finally, Danske Bank A S acquired a new position in shares of Advanced Energy Industries during the third quarter valued at approximately $34,000. Institutional investors own 99.67% of the company’s stock.

Advanced Energy Industries Trading Up 0.2%

Shares of NASDAQ:AEIS opened at $330.26 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.94 and a current ratio of 3.79. The stock has a market capitalization of $13.23 billion, a price-to-earnings ratio of 61.62 and a beta of 1.29. Advanced Energy Industries, Inc. has a 1-year low of $143.38 and a 1-year high of $397.44. The company has a 50 day moving average price of $322.37 and a 200 day moving average price of $324.81.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $574.10 million for the quarter, compared to analysts’ expectations of $544.41 million. During the same quarter in the prior year, the company earned $1.50 earnings per share. The firm’s revenue 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. On average, research analysts anticipate that Advanced Energy Industries, Inc. will post 9.18 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 24th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. Advanced Energy Industries’s payout ratio is 7.46%.

Analysts Set New Price Targets

Several brokerages recently commented on AEIS. Cantor Fitzgerald reissued an “overweight” rating on shares of Advanced Energy Industries in a report on Tuesday, August 4th. KeyCorp lifted their price target on Advanced Energy Industries from $375.00 to $415.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Wells Fargo & Company raised Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $345.00 to $465.00 in a research note on Wednesday, July 1st. Robert W. Baird upped their price objective on Advanced Energy Industries from $360.00 to $380.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings cut Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Advanced Energy Industries currently has an average rating of “Moderate Buy” and an average price target of $409.50.

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.