Canada Pension Plan Investment Board bought a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 57,840 shares of the electronics maker’s stock, valued at approximately $21,567,000.
Several other institutional investors have also recently added to or reduced their stakes in AEIS. Kemnay Advisory Services Inc. purchased a new position in Advanced Energy Industries in the fourth quarter valued at approximately $25,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Advanced Energy Industries during the 2nd quarter worth approximately $27,000. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of Advanced Energy Industries in the 1st quarter valued at $29,000. Twin Tree Management LP acquired a new position in shares of Advanced Energy Industries in the 4th quarter valued at $32,000. Finally, Danske Bank A S purchased a new position in shares of Advanced Energy Industries in the 3rd quarter valued at $34,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.
Insider Activity
In other Advanced Energy Industries news, COO Eduardo Bernal Acebedo sold 24,771 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the completion of the sale, the chief operating officer directly owned 23,109 shares of the company’s stock, valued at $7,290,427.32. This represents a 51.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Elizabeth Karpinski Vonne sold 908 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $332.68, for a total value of $302,073.44. Following the sale, the executive vice president directly owned 10,712 shares of the company’s stock, valued at $3,563,668.16. The trade was a 7.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 26,586 shares of company stock worth $8,379,904 in the last 90 days. 1.30% of the stock is currently owned by insiders.
Advanced Energy Industries Stock Down 5.0%
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last posted 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 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%. Advanced Energy Industries’s quarterly revenue was up 30.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.50 earnings per share. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Sell-side analysts predict that Advanced Energy Industries, Inc. will post 9.5 EPS for the current year.
Advanced Energy Industries Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 24th will be issued 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 dividend payout ratio (DPR) is currently 7.46%.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on the stock. Wells Fargo & Company raised shares of Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $345.00 to $465.00 in a research report on Wednesday, July 1st. Morgan Stanley lifted their target price on Advanced Energy Industries from $421.00 to $439.00 and gave the stock an “overweight” rating in a research report 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. Seaport Research Partners raised Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 target price for the company in a research report on Tuesday, August 4th. Finally, Susquehanna raised their price target on Advanced Energy Industries from $430.00 to $535.00 and gave the stock a “positive” rating in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $409.50.
Read Our Latest Analysis on Advanced Energy Industries
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.
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