Southernsun Asset Management LLC Trims Position in Advanced Energy Industries, Inc. $AEIS

Southernsun Asset Management LLC trimmed its holdings in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 61.8% in the 1st quarter, HoldingsChannel.com reports. The fund owned 47,108 shares of the electronics maker’s stock after selling 76,342 shares during the quarter. Advanced Energy Industries comprises approximately 2.2% of Southernsun Asset Management LLC’s holdings, making the stock its 21st largest holding. Southernsun Asset Management LLC’s holdings in Advanced Energy Industries were worth $15,202,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Kemnay Advisory Services Inc. purchased a new position in shares of Advanced Energy Industries during the fourth quarter worth $25,000. Bayforest Capital Ltd acquired a new position in Advanced Energy Industries during the fourth quarter valued at $29,000. Whittier Trust Co. of Nevada Inc. acquired a new position in Advanced Energy Industries during the first quarter valued at $29,000. Twin Tree Management LP purchased a new stake in Advanced Energy Industries in the fourth quarter valued at $32,000. Finally, Danske Bank A S acquired a new stake in Advanced Energy Industries during the 3rd quarter worth about $34,000. 99.67% of the stock is owned by hedge funds and other institutional investors.

Advanced Energy Industries Stock Performance

AEIS opened at $303.71 on Wednesday. Advanced Energy Industries, Inc. has a fifty-two week low of $128.40 and a fifty-two week high of $397.44. The company has a fifty day moving average of $325.69 and a two-hundred day moving average of $316.49. The stock has a market capitalization of $11.55 billion, a price-to-earnings ratio of 63.94, a PEG ratio of 1.21 and a beta of 1.25.

Advanced Energy Industries (NASDAQ:AEIS) last posted its earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.12. Advanced Energy Industries had a net margin of 10.00% and a return on equity of 17.99%. The business had revenue of $511.00 million for the quarter, compared to analyst estimates of $505.81 million. During the same period in the prior year, the company posted $1.23 EPS. The company’s revenue for the quarter was up 26.3% on a year-over-year basis. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. On average, equities research analysts forecast that Advanced Energy Industries, Inc. will post 7.72 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Monday, May 25th were issued a $0.10 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $0.40 dividend on an annualized basis and a yield of 0.1%. Advanced Energy Industries’s dividend payout ratio is presently 8.42%.

Analyst Ratings Changes

A number of equities analysts have weighed in on AEIS shares. KeyCorp lifted their price objective 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. Bank of America raised their target price on Advanced Energy Industries from $430.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. 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 research report on Wednesday, July 1st. Morgan Stanley initiated coverage on Advanced Energy Industries in a report on Wednesday. They issued an “overweight” rating and a $421.00 price target for the company. Finally, Wall Street Zen upgraded Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Eleven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $402.17.

Advanced Energy Industries Company 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.