Advanced Energy Industries (NASDAQ:AEIS) Trading Down 8.3% – Here’s What Happened

Advanced Energy Industries, Inc. (NASDAQ:AEIS) dropped 8.3% during mid-day trading on Tuesday . The stock traded as low as $318.02 and last traded at $319.8230. 55,609 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 801,471 shares. The stock had previously closed at $348.63.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on AEIS shares. Wells Fargo & Company raised shares of Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $345.00 to $465.00 in a research report on Wednesday, July 1st. KeyCorp increased their target price on shares of Advanced Energy Industries from $375.00 to $415.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Bank of America lifted their target price on Advanced Energy Industries from $430.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Morgan Stanley boosted their price target 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. Finally, Susquehanna upped their price target on Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $409.50.

Advanced Energy Industries Stock Performance

The firm has a market cap of $12.60 billion, a P/E ratio of 58.80 and a beta of 1.29. The stock’s 50 day moving average is $323.22 and its two-hundred day moving average is $325.87. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.79 and a quick ratio of 2.94.

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

Advanced Energy Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 24th will be issued a $0.10 dividend. 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 is presently 7.46%.

Hedge Funds Weigh In On Advanced Energy Industries

A number of institutional investors have recently modified their holdings of the stock. Keybank National Association OH acquired a new position in Advanced Energy Industries during the 4th quarter worth $644,000. B. Metzler seel. Sohn & Co. AG bought a new position in Advanced Energy Industries in the 4th quarter valued at $2,607,000. Wolverine Asset Management LLC acquired a new stake in shares of Advanced Energy Industries in the 4th quarter valued at $1,107,000. Comerica Bank raised its position in shares of Advanced Energy Industries by 46.9% during the fourth quarter. Comerica Bank now owns 19,938 shares of the electronics maker’s stock worth $4,174,000 after acquiring an additional 6,361 shares during the last quarter. Finally, Reinhart Partners LLC. bought a new stake in shares of Advanced Energy Industries during the second quarter worth $3,433,000. 99.67% of the stock is owned by institutional investors.

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.