Fourier Capital Management Ltd Makes New $9.46 Million Investment in Advanced Energy Industries, Inc. $AEIS

Fourier Capital Management Ltd acquired a new position in Advanced Energy Industries, Inc. (NASDAQ:AEISFree Report) in the 2nd quarter, HoldingsChannel reports. The firm acquired 25,377 shares of the electronics maker’s stock, valued at approximately $9,462,000. Advanced Energy Industries accounts for about 14.8% of Fourier Capital Management Ltd’s holdings, making the stock its 4th biggest position.

A number of other large investors also recently modified their holdings of AEIS. Keybank National Association OH bought a new position in Advanced Energy Industries during the 4th quarter valued at $644,000. B. Metzler seel. Sohn & Co. AG bought a new stake in shares of Advanced Energy Industries in the 4th quarter worth $2,607,000. Comerica Bank grew its stake in shares of Advanced Energy Industries by 46.9% in the 4th quarter. Comerica Bank now owns 19,938 shares of the electronics maker’s stock worth $4,174,000 after acquiring an additional 6,361 shares in the last quarter. Wolverine Asset Management LLC purchased a new stake in shares of Advanced Energy Industries in the fourth quarter valued at about $1,107,000. Finally, Jennison Associates LLC purchased a new stake in shares of Advanced Energy Industries in the fourth quarter valued at about $1,665,000. Institutional investors own 99.67% of the company’s stock.

Insider Activity at Advanced Energy Industries

In related news, EVP Elizabeth Karpinski Vonne sold 908 shares of Advanced Energy Industries stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $332.68, for a total value of $302,073.44. Following the sale, the executive vice president owned 10,712 shares of the company’s stock, valued at approximately $3,563,668.16. The trade was a 7.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Eduardo Bernal Acebedo sold 24,771 shares of Advanced Energy Industries stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the completion of the sale, the chief operating officer directly owned 23,109 shares in the company, valued at $7,290,427.32. This trade represents a 51.74% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.30% of the company’s stock.

Advanced Energy Industries Price Performance

Shares of NASDAQ:AEIS opened at $285.83 on Friday. The company has a market capitalization of $11.45 billion, a P/E ratio of 53.33 and a beta of 1.29. The company’s 50-day moving average is $320.67 and its 200 day moving average is $326.38. 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 $144.09 and a fifty-two week 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 (EPS) for the quarter, topping analysts’ consensus estimates of $2.21 by $0.53. The business had revenue of $574.10 million during the quarter, compared to the consensus estimate of $544.41 million. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The firm’s quarterly revenue was up 30.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.50 earnings per share. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. On average, equities research analysts forecast that Advanced Energy Industries, Inc. will post 9.18 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 24th will be paid 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 (DPR) is presently 7.46%.

Analyst Ratings Changes

Several research firms recently weighed in on AEIS. Bank of America boosted their price target on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Needham & Company LLC reissued a “buy” rating and set a $400.00 target price on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. Seaport Research Partners upgraded Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 target price on the stock in a research note on Tuesday, August 4th. Wells Fargo & Company raised Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $345.00 to $465.00 in a report on Wednesday, July 1st. Finally, Robert W. Baird increased their price target on Advanced Energy Industries from $360.00 to $380.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $409.50.

Check Out Our Latest Research Report on AEIS

About Advanced Energy Industries

(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.

See Also

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

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