Public Employees Retirement System of Ohio Takes Position in Advanced Energy Industries, Inc. $AEIS

Public Employees Retirement System of Ohio purchased a new position in Advanced Energy Industries, Inc. (NASDAQ:AEISFree Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 11,929 shares of the electronics maker’s stock, valued at approximately $4,448,000.

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

Advanced Energy Industries Stock Performance

Shares of AEIS stock opened at $268.19 on Thursday. The business’s fifty day simple moving average is $306.12 and its 200-day simple moving average is $326.67. The company has a market cap of $10.74 billion, a PE ratio of 50.04 and a beta of 1.31. The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78. Advanced Energy Industries, Inc. has a 12-month low of $144.33 and a 12-month high of $397.44.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last posted its quarterly earnings data 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. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The firm had revenue of $574.10 million during the quarter, compared to analysts’ expectations of $544.41 million. During the same quarter last year, the firm earned $1.50 EPS. The business’s quarterly revenue was up 30.0% on a year-over-year basis. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Analysts expect that Advanced Energy Industries, Inc. will post 9.5 earnings per share for the current fiscal year.

Advanced Energy Industries Dividend Announcement

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

Analyst Ratings Changes

AEIS has been the subject of several recent research reports. Susquehanna boosted their price target on Advanced Energy Industries from $430.00 to $535.00 and gave the stock a “positive” rating in a research report on Tuesday, June 30th. Citigroup raised their price objective on Advanced Energy Industries from $435.00 to $460.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Advanced Energy Industries in a research note on Wednesday, August 26th. Needham & Company LLC reiterated a “buy” rating and issued a $400.00 target price on shares of Advanced Energy Industries in a report on Tuesday, August 4th. Finally, Bank of America increased their price target on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Advanced Energy Industries has a consensus rating of “Moderate Buy” and an average target price of $409.50.

Check Out Our Latest Analysis on AEIS

Insider Activity at Advanced Energy Industries

In other Advanced Energy Industries news, COO Eduardo Bernal Acebedo sold 24,771 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total value of $7,814,755.08. Following the completion of the transaction, the chief operating officer owned 23,109 shares of the company’s stock, valued at approximately $7,290,427.32. This trade represents a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Elizabeth Karpinski Vonne sold 908 shares of Advanced Energy Industries stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $332.68, for a total transaction of $302,073.44. Following the sale, the executive vice president owned 10,712 shares of the company’s stock, valued at $3,563,668.16. The trade was a 7.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 26,586 shares of company stock valued at $8,379,904 over the last ninety days. 1.30% of the stock is currently owned by insiders.

Advanced Energy Industries Company 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.

Further Reading

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

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