Reinhart Partners LLC. Acquires New Position in Advanced Energy Industries, Inc. $AEIS

Reinhart Partners LLC. acquired a new stake in Advanced Energy Industries, Inc. (NASDAQ:AEISFree Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 9,207 shares of the electronics maker’s stock, valued at approximately $3,433,000.

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

Advanced Energy Industries Stock Performance

AEIS opened at $325.02 on Friday. The business’s 50-day moving average price is $320.49 and its two-hundred day moving average price is $322.52. Advanced Energy Industries, Inc. has a 1 year low of $143.38 and a 1 year high of $397.44. The company has a market capitalization of $13.02 billion, a price-to-earnings ratio of 60.64, a P/E/G ratio of 1.17 and a beta of 1.29. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.79 and a quick ratio of 1.13.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last posted its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, topping the consensus estimate of $2.21 by $0.53. The company had revenue of $574.10 million during the quarter, compared to analysts’ expectations of $544.41 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.Advanced Energy Industries’s revenue for the quarter was up 30.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.50 earnings per share. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Equities analysts expect that Advanced Energy Industries, Inc. will post 9.18 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on AEIS shares. Needham & Company LLC restated a “buy” rating and set a $400.00 target price on shares of Advanced Energy Industries in a report on Tuesday. Robert W. Baird upped their price target on Advanced Energy Industries from $360.00 to $380.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Wall Street Zen upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Bank of America lifted 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. Finally, Susquehanna boosted their price objective on shares of Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $409.50.

Read Our Latest Research Report on AEIS

Advanced Energy Industries Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

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