Advanced Energy Industries, Inc. (NASDAQ:AEIS – Get Free Report) shares rose 8.4% during trading on Thursday . The company traded as high as $332.59 and last traded at $334.1920. Approximately 53,209 shares changed hands during trading, a decline of 93% from the average daily volume of 779,151 shares. The stock had previously closed at $308.17.
Analyst Ratings Changes
AEIS has been the subject of a number of research analyst reports. Needham & Company LLC increased their price target on Advanced Energy Industries from $330.00 to $400.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. TD Cowen increased their price target on Advanced Energy Industries from $300.00 to $350.00 and gave the company a “hold” rating in a research report on Tuesday, May 5th. Wells Fargo & Company raised their target price on Advanced Energy Industries from $340.00 to $345.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. Zacks Research raised Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 8th. Finally, Robert W. Baird raised their target price on Advanced Energy Industries from $360.00 to $380.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $361.82.
Read Our Latest Analysis on Advanced Energy Industries
Advanced Energy Industries Stock Up 8.5%
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last released its earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.97 by $0.12. The business had revenue of $511.00 million during the quarter, compared to the consensus estimate of $505.81 million. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.The business’s revenue for the quarter was up 26.3% on a year-over-year basis. During the same period last year, the business posted $1.23 earnings per share. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Equities analysts forecast that Advanced Energy Industries, Inc. will post 7.65 earnings per share for the current fiscal year.
Advanced Energy Industries Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, May 25th were given a $0.10 dividend. The ex-dividend date was Friday, May 22nd. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. Advanced Energy Industries’s payout ratio is 8.42%.
Insider Activity
In other news, Director Brian Shirley sold 1,234 shares of Advanced Energy Industries stock in a transaction on Friday, March 13th. The stock was sold at an average price of $310.19, for a total value of $382,774.46. Following the completion of the transaction, the director directly owned 5,584 shares in the company, valued at approximately $1,732,100.96. The trade was a 18.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Paul R. Oldham sold 4,314 shares of Advanced Energy Industries stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $315.99, for a total value of $1,363,180.86. Following the completion of the transaction, the executive vice president owned 22,217 shares of the company’s stock, valued at approximately $7,020,349.83. This trade represents a 16.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 6,514 shares of company stock worth $2,102,796. 1.30% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Advanced Energy Industries
Several hedge funds have recently made changes to their positions in the stock. Optiver Holding B.V. grew its position in shares of Advanced Energy Industries by 1,160.0% in the first quarter. Optiver Holding B.V. now owns 126 shares of the electronics maker’s stock valued at $41,000 after purchasing an additional 116 shares in the last quarter. Western Wealth Management LLC purchased a new position in Advanced Energy Industries during the first quarter worth about $53,000. Arkadios Wealth Advisors purchased a new position in Advanced Energy Industries during the first quarter worth about $207,000. California State Teachers Retirement System grew its position in Advanced Energy Industries by 24.0% during the first quarter. California State Teachers Retirement System now owns 44,309 shares of the electronics maker’s stock worth $14,299,000 after buying an additional 8,574 shares in the last quarter. Finally, Quantinno Capital Management LP grew its position in Advanced Energy Industries by 32.6% during the first quarter. Quantinno Capital Management LP now owns 14,789 shares of the electronics maker’s stock worth $4,773,000 after buying an additional 3,640 shares in the last quarter. 99.67% of the stock is currently owned by hedge funds and other institutional investors.
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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