Advanced Energy Industries, Inc. (NASDAQ:AEIS – Get Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $293.64, but opened at $313.12. Advanced Energy Industries shares last traded at $311.9190, with a volume of 55,980 shares.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on AEIS shares. Zacks Research downgraded Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 30th. Wall Street Zen raised Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Citigroup upped their target price on Advanced Energy Industries from $385.00 to $410.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Needham & Company LLC increased their target price on Advanced Energy Industries from $330.00 to $400.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, Wells Fargo & Company raised shares of Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $345.00 to $465.00 in a research report on Wednesday, July 1st. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Advanced Energy Industries currently has an average rating of “Moderate Buy” and an average target price of $400.45.
Read Our Latest Stock Analysis on Advanced Energy Industries
Advanced Energy Industries Price Performance
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last posted its quarterly earnings results on Monday, May 4th. The electronics maker reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.12. Advanced Energy Industries had a net margin of 10.00% and a return on equity of 17.99%. The company had revenue of $511.00 million for the quarter, compared to analysts’ expectations of $505.81 million. During the same quarter in the previous year, the firm posted $1.23 EPS. Advanced Energy Industries’s revenue was up 26.3% on a year-over-year basis. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Equities analysts forecast that Advanced Energy Industries, Inc. will post 7.72 EPS for the current fiscal year.
Advanced Energy Industries Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, May 25th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, May 22nd. Advanced Energy Industries’s dividend payout ratio is currently 8.42%.
Insider Buying and Selling at Advanced Energy Industries
In other news, EVP Elizabeth Karpinski Vonne sold 966 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $369.40, for a total transaction of $356,840.40. Following the completion of the transaction, the executive vice president owned 11,616 shares in the company, valued at approximately $4,290,950.40. This represents a 7.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.30% of the company’s stock.
Institutional Investors Weigh In On Advanced Energy Industries
Several institutional investors have recently added to or reduced their stakes in AEIS. Royal Bank of Canada raised its position in shares of Advanced Energy Industries by 16.5% in the first quarter. Royal Bank of Canada now owns 11,155 shares of the electronics maker’s stock valued at $1,063,000 after purchasing an additional 1,578 shares during the period. Advisors Asset Management Inc. raised its stake in shares of Advanced Energy Industries by 47.7% during the 1st 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 period. AQR Capital Management LLC purchased a new stake in Advanced Energy Industries during the 1st quarter worth about $468,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in 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 worth $2,123,000 after purchasing an additional 970 shares during the period. Finally, United Services Automobile Association bought a new position in Advanced Energy Industries in the 1st quarter worth about $228,000. 99.67% of the stock is owned by hedge funds and other institutional investors.
About Advanced Energy Industries
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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