Oak Associates Ltd. OH reduced its position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) by 4.1% in the 2nd quarter, Holdings Channel reports. The firm owned 27,082 shares of the electronics maker’s stock after selling 1,166 shares during the period. Oak Associates Ltd. OH’s holdings in Advanced Energy Industries were worth $3,588,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new position in shares of Advanced Energy Industries in the 1st quarter valued at $31,000. Bessemer Group Inc. boosted its stake in Advanced Energy Industries by 98.3% in the second quarter. Bessemer Group Inc. now owns 234 shares of the electronics maker’s stock valued at $31,000 after buying an additional 116 shares in the last quarter. UMB Bank n.a. boosted its stake in Advanced Energy Industries by 42.9% in the second quarter. UMB Bank n.a. now owns 313 shares of the electronics maker’s stock valued at $41,000 after buying an additional 94 shares in the last quarter. Russell Investments Group Ltd. grew its position in Advanced Energy Industries by 26.0% in the first quarter. Russell Investments Group Ltd. now owns 446 shares of the electronics maker’s stock valued at $43,000 after acquiring an additional 92 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its stake 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 acquiring an additional 174 shares in the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on AEIS shares. Stifel Nicolaus lifted their price target on shares of Advanced Energy Industries from $210.00 to $230.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Cowen reiterated a “hold” rating on shares of Advanced Energy Industries in a research note on Wednesday, November 5th. TD Cowen boosted their price objective on Advanced Energy Industries from $140.00 to $210.00 and gave the stock a “hold” rating in a research report on Wednesday, November 5th. KeyCorp upped their target price on Advanced Energy Industries from $195.00 to $240.00 and gave the stock an “overweight” rating in a report on Wednesday, November 5th. Finally, Wall Street Zen lowered Advanced Energy Industries from a “strong-buy” rating to a “buy” rating in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $212.00.
Advanced Energy Industries Stock Up 5.1%
Shares of NASDAQ:AEIS opened at $206.04 on Tuesday. The firm has a market cap of $7.78 billion, a P/E ratio of 93.23, a P/E/G ratio of 1.65 and a beta of 1.60. Advanced Energy Industries, Inc. has a 12-month low of $75.01 and a 12-month high of $232.05. The business has a fifty day simple moving average of $190.17 and a 200 day simple moving average of $155.64. The company has a quick ratio of 2.97, a current ratio of 4.09 and a debt-to-equity ratio of 0.45.
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The electronics maker reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.27. Advanced Energy Industries had a return on equity of 12.38% and a net margin of 5.13%.The company had revenue of $463.30 million during the quarter, compared to analysts’ expectations of $441.54 million. During the same quarter in the prior year, the firm posted $0.98 earnings per share. The business’s quarterly revenue was up 23.8% on a year-over-year basis. Advanced Energy Industries has set its Q4 2025 guidance at 1.500-2.000 EPS. Analysts predict that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current year.
Advanced Energy Industries Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Monday, November 24th will be issued a dividend of $0.10 per share. The ex-dividend date is Monday, November 24th. This represents a $0.40 annualized dividend and a yield of 0.2%. Advanced Energy Industries’s dividend payout ratio (DPR) is presently 10.50%.
Insider Activity
In other news, EVP Paul R. Oldham sold 8,174 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $203.11, for a total value of $1,660,221.14. Following the sale, the executive vice president directly owned 24,792 shares of the company’s stock, valued at approximately $5,035,503.12. This represents a 24.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 1.20% of the company’s stock.
Advanced Energy Industries Company Profile
Advanced Energy Industries, Inc provides precision power conversion, measurement, and control solutions in the United States and internationally. The company's plasma power products offer solutions to enable innovation for semiconductor and thin film plasma processes, such as dry etch and deposition.
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