The Manufacturers Life Insurance Company Decreases Stock Position in Advanced Energy Industries, Inc. $AEIS

The Manufacturers Life Insurance Company cut its position in Advanced Energy Industries, Inc. (NASDAQ:AEISFree Report) by 25.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 227,890 shares of the electronics maker’s stock after selling 77,249 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Advanced Energy Industries were worth $73,542,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. purchased a new stake in Advanced Energy Industries in the 1st quarter worth about $29,000. Root Financial Partners LLC raised its stake in Advanced Energy Industries by 33.3% in the 1st quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker’s stock valued at $35,000 after acquiring an additional 27 shares during the period. Kemnay Advisory Services Inc. purchased a new stake in Advanced Energy Industries during the fourth quarter valued at about $25,000. GHP Investment Advisors Inc. bought a new position in Advanced Energy Industries during the first quarter worth about $40,000. Finally, Main Street Group LTD bought a new position in Advanced Energy Industries during the first quarter worth about $40,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Analyst Ratings Changes

AEIS has been the topic of several research reports. Susquehanna boosted their price target on shares of Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a research report on Tuesday, June 30th. Weiss Ratings downgraded shares of Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 29th. Cantor Fitzgerald lifted their price objective on shares of Advanced Energy Industries from $400.00 to $450.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Citigroup boosted their target price on shares of Advanced Energy Industries from $410.00 to $435.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Finally, TD Cowen increased their target price on Advanced Energy Industries from $300.00 to $350.00 and gave the stock a “hold” rating in a research report on Tuesday, May 5th. Eleven equities 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 an average rating of “Moderate Buy” and an average price target of $404.25.

Check Out Our Latest Analysis on AEIS

Advanced Energy Industries Trading Down 7.7%

AEIS stock opened at $252.49 on Thursday. The firm has a 50 day moving average of $322.13 and a 200-day moving average of $319.52. Advanced Energy Industries, Inc. has a 12 month low of $128.40 and a 12 month high of $397.44. The firm has a market capitalization of $9.60 billion, a P/E ratio of 53.16, a price-to-earnings-growth ratio of 1.14 and a beta of 1.25.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last issued its quarterly earnings data on Monday, May 4th. The electronics maker reported $2.09 EPS for the quarter, beating the consensus estimate 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 company had revenue of $511.00 million during the quarter, compared to analysts’ expectations of $505.81 million. During the same quarter in the previous year, the company earned $1.23 earnings per share. Advanced Energy Industries’s revenue for the quarter was up 26.3% on a year-over-year basis. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Sell-side analysts predict that Advanced Energy Industries, Inc. will post 7.96 EPS for the current year.

Advanced Energy Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, May 25th were issued a $0.10 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. Advanced Energy Industries’s dividend payout ratio is presently 8.42%.

Advanced Energy Industries Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

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