Renaissance Technologies LLC Invests $749,000 in Advanced Energy Industries, Inc. $AEIS

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

Other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Advanced Energy Industries during the 4th quarter valued at $123,403,000. Fuller & Thaler Asset Management Inc. grew its holdings in Advanced Energy Industries by 1,734.1% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 427,674 shares of the electronics maker’s stock valued at $89,542,000 after purchasing an additional 404,356 shares during the last quarter. Wellington Management Group LLP bought a new position in Advanced Energy Industries in the 3rd quarter worth $50,173,000. Franklin Resources Inc. increased its stake in shares of Advanced Energy Industries by 55.4% in the fourth quarter. Franklin Resources Inc. now owns 487,494 shares of the electronics maker’s stock worth $102,067,000 after purchasing an additional 173,836 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its position in Advanced Energy Industries by 131.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 286,749 shares of the electronics maker’s stock worth $60,037,000 after buying an additional 162,841 shares during the period. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Advanced Energy Industries Stock Up 0.2%

AEIS opened at $330.26 on Friday. Advanced Energy Industries, Inc. has a fifty-two week low of $143.38 and a fifty-two week high of $397.44. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.79 and a quick ratio of 2.94. The firm’s fifty day moving average price is $322.37 and its two-hundred day moving average price is $324.81. The company has a market capitalization of $13.23 billion, a P/E ratio of 61.62 and a beta of 1.29.

Advanced Energy Industries (NASDAQ:AEIS) last announced 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. The firm had revenue of $574.10 million for the quarter, compared to analyst estimates of $544.41 million. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The business’s revenue for the quarter was up 30.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.50 EPS. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. On average, analysts anticipate that Advanced Energy Industries, Inc. will post 9.18 EPS for the current year.

Advanced Energy Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 24th will be issued a dividend of $0.10 per share. 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 payout ratio is presently 7.46%.

Analysts Set New Price Targets

A number of analysts have weighed in on AEIS shares. TD Cowen increased their price target on shares of Advanced Energy Industries from $350.00 to $370.00 and gave the company a “hold” rating in a report on Tuesday, August 4th. Bank of America boosted their price objective on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Wall Street Zen raised shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Seaport Research Partners upgraded shares of Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 target price for the company in a research note on Tuesday, August 4th. Finally, Zacks Research raised Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $409.50.

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.