Advanced Energy Industries (NASDAQ:AEIS) EVP Elizabeth Karpinski Vonne Sells 908 Shares

Advanced Energy Industries, Inc. (NASDAQ:AEISGet Free Report) EVP Elizabeth Karpinski Vonne sold 908 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $332.68, for a total value of $302,073.44. Following the completion of the sale, the executive vice president owned 10,712 shares of the company’s stock, valued at approximately $3,563,668.16. This trade represents a 7.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Advanced Energy Industries Stock Down 6.4%

AEIS stock opened at $294.31 on Thursday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.94 and a current ratio of 3.79. Advanced Energy Industries, Inc. has a fifty-two week low of $143.38 and a fifty-two week high of $397.44. The company has a market capitalization of $11.79 billion, a price-to-earnings ratio of 54.91 and a beta of 1.29. The business’s 50 day moving average price is $322.99 and its two-hundred day moving average price is $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. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The firm had revenue of $574.10 million for the quarter, compared to the consensus estimate of $544.41 million. During the same period in the prior year, the firm earned $1.50 EPS. The company’s revenue was up 30.0% compared to the same quarter last year. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. As a group, analysts forecast that Advanced Energy Industries, Inc. will post 9.18 earnings per share 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. Shareholders of record on Monday, August 24th will be given a $0.10 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.40 dividend on an annualized basis and a yield of 0.1%. Advanced Energy Industries’s payout ratio is 7.46%.

Hedge Funds Weigh In On Advanced Energy Industries

Hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in shares of Advanced Energy Industries in the 2nd quarter worth approximately $1,725,045,000. Bank of America Corp DE purchased a new position in shares of Advanced Energy Industries in the 2nd quarter valued at $382,342,000. Geode Capital Management LLC raised its position in shares of Advanced Energy Industries by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 956,979 shares of the electronics maker’s stock worth $200,393,000 after acquiring an additional 28,549 shares in the last quarter. Norges Bank bought a new stake in Advanced Energy Industries during the fourth quarter valued at about $123,403,000. Finally, Franklin Resources Inc. raised its holdings in Advanced Energy Industries by 55.4% in the fourth quarter. Franklin Resources Inc. now owns 487,494 shares of the electronics maker’s stock worth $102,067,000 after purchasing an additional 173,836 shares in the last quarter. Institutional investors own 99.67% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Robert W. Baird upped their price target on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Seaport Research Partners upgraded shares of Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 price target for the company in a research report on Tuesday, August 4th. Wall Street Zen raised Advanced Energy Industries from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. Morgan Stanley upped their price target on Advanced Energy Industries from $421.00 to $439.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $400.00 price target on shares of Advanced Energy Industries in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $409.50.

View Our Latest Stock Analysis on AEIS

Advanced Energy Industries Company Profile

(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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