Harber Asset Management LLC Purchases New Stake in Advanced Energy Industries, Inc. $AEIS

Harber Asset Management LLC acquired a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,500 shares of the electronics maker’s stock, valued at approximately $932,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Advanced Energy Industries during the second quarter valued at $27,000. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Advanced Energy Industries in the 1st quarter worth about $29,000. Root Financial Partners LLC lifted its position in shares of Advanced Energy Industries by 33.3% in 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. Meeder Asset Management Inc. acquired a new position in shares of Advanced Energy Industries in the 2nd quarter valued at about $42,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Advanced Energy Industries in the 4th quarter valued at about $25,000. Institutional investors and hedge funds own 99.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Zacks Research upgraded shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. Susquehanna lifted their target price on Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a research note on Tuesday, June 30th. KeyCorp upped their target price on Advanced Energy Industries from $375.00 to $415.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Cantor Fitzgerald reiterated an “overweight” rating on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $400.00 price target on shares of Advanced Energy Industries in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Advanced Energy Industries has an average rating of “Moderate Buy” and an average target price of $409.50.

Insider Activity at Advanced Energy Industries

In other Advanced Energy Industries news, EVP Elizabeth Karpinski Vonne sold 908 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $332.68, for a total transaction of $302,073.44. Following the completion of the transaction, the executive vice president owned 10,712 shares in the company, valued at approximately $3,563,668.16. The trade was a 7.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Eduardo Bernal Acebedo sold 24,771 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $315.48, for a total value of $7,814,755.08. Following the completion of the transaction, the chief operating officer directly owned 23,109 shares of the company’s stock, valued at approximately $7,290,427.32. The trade was a 51.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.30% of the stock is owned by company insiders.

Advanced Energy Industries Trading Down 2.3%

Advanced Energy Industries stock opened at $285.83 on Friday. The company has a quick ratio of 2.94, a current ratio of 3.79 and a debt-to-equity ratio of 0.78. The firm has a 50-day moving average price of $320.67 and a two-hundred day moving average price of $326.38. The firm has a market capitalization of $11.45 billion, a price-to-earnings ratio of 53.33 and a beta of 1.29. Advanced Energy Industries, Inc. has a 52-week low of $144.09 and a 52-week high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last posted its earnings results on Monday, August 3rd. The electronics maker reported $2.74 EPS for the quarter, topping the consensus estimate of $2.21 by $0.53. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The firm had revenue of $574.10 million during the quarter, compared to analysts’ expectations of $544.41 million. During the same quarter in the prior year, the firm earned $1.50 EPS. Advanced Energy Industries’s quarterly 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. Sell-side analysts expect that Advanced Energy Industries, Inc. will post 9.18 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

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

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.