Royal Bank of Canada Sells 2,023 Shares of Advanced Energy Industries, Inc. $AEIS

Royal Bank of Canada trimmed its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 5.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,462 shares of the electronics maker’s stock after selling 2,023 shares during the quarter. Royal Bank of Canada owned approximately 0.10% of Advanced Energy Industries worth $12,088,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of AEIS. Advisors Asset Management Inc. lifted its stake in Advanced Energy Industries by 47.7% in the first quarter. Advisors Asset Management Inc. now owns 539 shares of the electronics maker’s stock valued at $51,000 after purchasing an additional 174 shares during the last quarter. AQR Capital Management LLC purchased a new stake in Advanced Energy Industries in the first quarter worth $468,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Advanced Energy Industries by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,278 shares of the electronics maker’s stock worth $2,123,000 after buying an additional 970 shares during the last quarter. United Services Automobile Association bought a new stake in shares of Advanced Energy Industries in the first quarter valued at $228,000. Finally, Russell Investments Group Ltd. lifted its position in shares of Advanced Energy Industries by 867.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,315 shares of the electronics maker’s stock valued at $572,000 after buying an additional 3,869 shares during the last quarter. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on AEIS shares. 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. Needham & Company LLC reiterated a “buy” rating and issued a $400.00 price objective on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. Morgan Stanley lifted their price objective on Advanced Energy Industries from $421.00 to $439.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Cantor Fitzgerald restated an “overweight” rating on shares of Advanced Energy Industries in a research report on Tuesday. Finally, Wall Street Zen upgraded Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Advanced Energy Industries has a consensus rating of “Moderate Buy” and a consensus target price of $409.50.

Advanced Energy Industries Price Performance

Shares of NASDAQ:AEIS opened at $325.02 on Friday. The company’s fifty day moving average price is $320.49 and its 200-day moving average price is $322.52. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.79 and a quick ratio of 1.13. The firm has a market capitalization of $13.02 billion, a price-to-earnings ratio of 60.64, a PEG ratio of 1.18 and a beta of 1.29. Advanced Energy Industries, Inc. has a one year low of $143.38 and a one year high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.21 by $0.53. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The company had revenue of $574.10 million during the quarter, compared to the consensus estimate of $544.41 million. During the same period in the previous year, the firm posted $1.50 EPS. The firm’s revenue was up 30.0% compared to the same quarter last year. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. On average, equities research analysts anticipate that Advanced Energy Industries, Inc. will post 9.18 earnings per share for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 24th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.40 annualized dividend and a yield of 0.1%. Advanced Energy Industries’s payout ratio is 7.46%.

Advanced Energy Industries 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.