Harber Asset Management LLC purchased a new position in Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) in the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 2,500 shares of the electronics maker’s stock, valued at approximately $932,000.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Kemnay Advisory Services Inc. acquired a new position in shares of Advanced Energy Industries during the fourth quarter valued at approximately $25,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Advanced Energy Industries during the second quarter worth approximately $27,000. Bayforest Capital Ltd acquired a new stake in Advanced Energy Industries in the fourth quarter worth approximately $29,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in Advanced Energy Industries in the first quarter worth approximately $29,000. Finally, Twin Tree Management LP bought a new position in Advanced Energy Industries during the 4th quarter valued at $32,000. 99.67% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities analysts have recently issued reports on AEIS shares. TD Cowen lifted their price target on Advanced Energy Industries from $350.00 to $370.00 and gave the company a “hold” rating in a research report on Tuesday, August 4th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Energy Industries in a research note on Tuesday, August 4th. Zacks Research raised Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. Wells Fargo & Company upgraded shares of Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $345.00 to $465.00 in a research report on Wednesday, July 1st. Finally, Bank of America upped their price target on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $409.50.
Advanced Energy Industries Trading Down 2.3%
Advanced Energy Industries stock opened at $285.83 on Friday. The firm has a market cap of $11.45 billion, a price-to-earnings ratio of 53.33 and a beta of 1.29. Advanced Energy Industries, Inc. has a 1 year low of $144.09 and a 1 year high of $397.44. The firm’s 50 day moving average price is $320.67 and its two-hundred day moving average price is $326.38. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.94 and a current ratio of 3.79.
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 EPS for the quarter, beating analysts’ consensus estimates of $2.21 by $0.53. The company had revenue of $574.10 million during the quarter, compared to the consensus estimate of $544.41 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The company’s quarterly revenue was up 30.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.50 EPS. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. On average, research analysts predict that Advanced Energy Industries, Inc. will post 9.18 EPS for the current fiscal year.
Advanced Energy Industries Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 24th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. Advanced Energy Industries’s payout ratio is 7.46%.
Insider Buying and Selling at Advanced Energy Industries
In related news, EVP Elizabeth Karpinski Vonne sold 908 shares of Advanced Energy Industries stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $332.68, for a total value of $302,073.44. Following the transaction, the executive vice president owned 10,712 shares of the company’s stock, valued at approximately $3,563,668.16. This trade represents a 7.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Eduardo Bernal Acebedo sold 24,771 shares of the business’s stock in a transaction dated 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 sale, the chief operating officer owned 23,109 shares in the company, 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. Corporate insiders own 1.30% of the company’s stock.
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.
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