Eduardo Bernal Acebedo Sells 24,771 Shares of Advanced Energy Industries (NASDAQ:AEIS) Stock

Advanced Energy Industries, Inc. (NASDAQ:AEISGet Free Report) COO Eduardo Bernal Acebedo sold 24,771 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the completion of the sale, the chief operating officer directly owned 23,109 shares of the company’s stock, valued at approximately $7,290,427.32. This represents a 51.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Advanced Energy Industries Price Performance

Shares of NASDAQ AEIS traded down $1.69 during mid-day trading on Thursday, reaching $292.62. 417,571 shares of the company traded hands, compared to its average volume of 801,073. Advanced Energy Industries, Inc. has a fifty-two week low of $144.09 and a fifty-two week high of $397.44. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.79 and a quick ratio of 2.94. The firm has a market cap of $11.72 billion, a PE ratio of 54.59 and a beta of 1.29. The stock has a fifty day simple moving average of $322.99 and a 200-day simple moving average of $326.41.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last released its earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share 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 the consensus estimate of $544.41 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The firm’s revenue for the quarter was up 30.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.50 earnings per share. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Equities research analysts anticipate that Advanced Energy Industries, Inc. will post 9.18 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 24th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, August 24th. Advanced Energy Industries’s payout ratio is presently 7.46%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Susquehanna lifted their target price on Advanced Energy Industries from $430.00 to $535.00 and gave the stock a “positive” rating in a report on Tuesday, June 30th. Seaport Research Partners raised Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 target price for the company in a report on Tuesday, August 4th. Cantor Fitzgerald reiterated an “overweight” rating on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. Zacks Research raised Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. Finally, TD Cowen upped their price objective on shares of Advanced Energy Industries from $350.00 to $370.00 and gave the company a “hold” rating in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $409.50.

Get Our Latest Report on AEIS

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada lifted its stake in Advanced Energy Industries by 16.5% in the 1st quarter. Royal Bank of Canada now owns 11,155 shares of the electronics maker’s stock worth $1,063,000 after acquiring an additional 1,578 shares in the last quarter. Advisors Asset Management Inc. boosted its position in Advanced Energy Industries by 47.7% during the 1st quarter. Advisors Asset Management Inc. now owns 539 shares of the electronics maker’s stock worth $51,000 after acquiring an additional 174 shares during the period. AQR Capital Management LLC purchased a new position in Advanced Energy Industries during the 1st quarter valued at about $468,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Advanced Energy Industries by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,278 shares of the electronics maker’s stock valued at $2,123,000 after purchasing an additional 970 shares during the period. Finally, United Services Automobile Association acquired a new position in shares of Advanced Energy Industries in the 1st quarter valued at about $228,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.

About Advanced Energy Industries

(Get 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.

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