Hollencrest Capital Management trimmed its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) by 79.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,139 shares of the electronics maker’s stock after selling 4,403 shares during the period. Hollencrest Capital Management’s holdings in Advanced Energy Industries were worth $368,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Keybank National Association OH acquired a new position in Advanced Energy Industries during the fourth quarter worth about $644,000. Congress Asset Management Co. acquired a new stake in Advanced Energy Industries in the 4th quarter valued at about $47,502,000. Campbell Newman Asset Management Inc. acquired a new stake in Advanced Energy Industries in the 4th quarter valued at about $1,954,000. B. Metzler seel. Sohn & Co. AG bought a new position in shares of Advanced Energy Industries during the 4th quarter valued at about $2,607,000. Finally, Wolverine Asset Management LLC bought a new position in shares of Advanced Energy Industries during the 4th quarter valued at about $1,107,000. 99.67% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on AEIS shares. Citigroup boosted their target price on shares of Advanced Energy Industries from $385.00 to $410.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Bank of America raised their target price 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 upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. TD Cowen upped their price target on Advanced Energy Industries from $300.00 to $350.00 and gave the company a “hold” rating in a report on Tuesday, May 5th. Finally, KeyCorp increased their price objective on Advanced Energy Industries from $375.00 to $415.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Advanced Energy Industries presently has a consensus rating of “Moderate Buy” and a consensus target price of $400.45.
Advanced Energy Industries Trading Down 1.2%
NASDAQ AEIS opened at $280.67 on Tuesday. Advanced Energy Industries, Inc. has a 1 year low of $128.40 and a 1 year high of $397.44. The company has a market cap of $10.67 billion, a PE ratio of 59.09, a PEG ratio of 1.22 and a beta of 1.25. The stock’s 50-day moving average price is $326.40 and its two-hundred day moving average price is $315.83.
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last released its quarterly earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.97 by $0.12. Advanced Energy Industries had a net margin of 10.00% and a return on equity of 17.99%. The business had revenue of $511.00 million for the quarter, compared to analyst estimates of $505.81 million. During the same quarter in the previous year, the business earned $1.23 earnings per share. The firm’s revenue was up 26.3% compared to the same quarter last year. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Research analysts forecast that Advanced Energy Industries, Inc. will post 7.72 EPS for the current fiscal year.
Advanced Energy Industries Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, May 25th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, May 22nd. Advanced Energy Industries’s dividend payout ratio (DPR) is 8.42%.
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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