Advanced Energy Industries (NASDAQ:AEIS) Downgraded by Zacks Research to Hold

Zacks Research lowered shares of Advanced Energy Industries (NASDAQ:AEIS) from a strong-buy rating to a hold rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

A number of other analysts have also recently commented on the company. Weiss Ratings cut Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. Wall Street Zen raised Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. KeyCorp boosted their price target on Advanced Energy Industries from $375.00 to $415.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Citigroup upped their price target on shares of Advanced Energy Industries from $385.00 to $410.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Bank of America increased their price objective on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Advanced Energy Industries presently has a consensus rating of “Moderate Buy” and an average target price of $400.45.

Advanced Energy Industries Stock Down 4.4%

Shares of NASDAQ AEIS opened at $356.35 on Tuesday. The firm’s 50-day moving average price is $344.69 and its 200-day moving average price is $308.13. Advanced Energy Industries has a 52-week low of $128.40 and a 52-week high of $397.44. The company has a market cap of $13.55 billion, a PE ratio of 75.02, a PEG ratio of 1.60 and a beta of 1.25.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings data on Monday, May 4th. The electronics maker reported $2.09 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.12. The firm had revenue of $511.00 million during the quarter, compared to analysts’ expectations of $505.81 million. Advanced Energy Industries had a net margin of 10.00% and a return on equity of 17.99%. The firm’s quarterly revenue was up 26.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.23 earnings per share. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. As a group, equities research analysts anticipate that Advanced Energy Industries will post 7.72 EPS for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The business 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 payout ratio is 8.42%.

Insider Transactions at Advanced Energy Industries

In other Advanced Energy Industries news, EVP Elizabeth Karpinski Vonne sold 966 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $369.40, for a total transaction of $356,840.40. Following the completion of the sale, the executive vice president owned 11,616 shares of the company’s stock, valued at approximately $4,290,950.40. The trade was a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Advanced Energy Industries

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AEIS. Root Financial Partners LLC raised its stake in 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 acquiring an additional 27 shares during the period. Basecamp Wealth Advisors LLC increased its stake in shares of Advanced Energy Industries by 16.2% in the first quarter. Basecamp Wealth Advisors LLC now owns 222 shares of the electronics maker’s stock worth $72,000 after purchasing an additional 31 shares in the last quarter. Allworth Financial LP increased its stake in shares of Advanced Energy Industries by 9.2% in the third quarter. Allworth Financial LP now owns 582 shares of the electronics maker’s stock worth $99,000 after purchasing an additional 49 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its position in shares of Advanced Energy Industries by 4.5% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 1,191 shares of the electronics maker’s stock valued at $384,000 after purchasing an additional 51 shares during the period. Finally, Cullen Frost Bankers Inc. lifted its stake in shares of Advanced Energy Industries by 40.6% during the 4th quarter. Cullen Frost Bankers Inc. now owns 194 shares of the electronics maker’s stock valued at $41,000 after buying an additional 56 shares in the last quarter. 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.