Castleark Management LLC Cuts Position in Advanced Energy Industries, Inc. $AEIS

Castleark Management LLC decreased its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 5.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,623 shares of the electronics maker’s stock after selling 2,510 shares during the quarter. Castleark Management LLC’s holdings in Advanced Energy Industries were worth $15,046,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Advanced Energy Industries during the 4th quarter worth approximately $123,403,000. Fuller & Thaler Asset Management Inc. raised its stake in Advanced Energy Industries by 1,734.1% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 427,674 shares of the electronics maker’s stock valued at $89,542,000 after buying an additional 404,356 shares in the last quarter. Wellington Management Group LLP purchased a new stake in Advanced Energy Industries during the 3rd quarter worth about $50,173,000. Franklin Resources Inc. lifted its holdings in Advanced Energy Industries by 55.4% during the 4th quarter. Franklin Resources Inc. now owns 487,494 shares of the electronics maker’s stock worth $102,067,000 after buying an additional 173,836 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Advanced Energy Industries by 131.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 286,749 shares of the electronics maker’s stock worth $60,037,000 after acquiring an additional 162,841 shares in the last quarter. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on AEIS. Citigroup increased their price objective on Advanced Energy Industries from $410.00 to $435.00 and gave the company a “buy” rating in a report on Wednesday. Wells Fargo & Company raised Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $345.00 to $465.00 in a report on Wednesday, July 1st. Zacks Research lowered shares of Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 30th. Wall Street Zen raised shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. Finally, Susquehanna boosted their price objective on shares of Advanced Energy Industries from $430.00 to $535.00 and gave the stock a “positive” rating in a research report on Tuesday, June 30th. Eleven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $404.25.

Advanced Energy Industries Price Performance

Shares of AEIS stock opened at $303.99 on Monday. The stock’s 50-day moving average price is $324.27 and its 200 day moving average price is $318.44. The stock has a market capitalization of $11.56 billion, a PE ratio of 64.00, a price-to-earnings-growth ratio of 1.27 and a beta of 1.25. Advanced Energy Industries, Inc. has a 52-week low of $128.40 and a 52-week high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings data on Monday, May 4th. The electronics maker reported $2.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.97 by $0.12. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.The company had revenue of $511.00 million during the quarter, compared to analysts’ expectations of $505.81 million. During the same period last year, the firm earned $1.23 EPS. The firm’s revenue for the quarter 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. Analysts expect that Advanced Energy Industries, Inc. will post 7.96 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, May 25th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Friday, May 22nd. Advanced Energy Industries’s dividend payout ratio is 8.42%.

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.