Legal & General Group Plc Takes Position in Advanced Energy Industries, Inc. $AEIS

Legal & General Group Plc purchased a new position in Advanced Energy Industries, Inc. (NASDAQ:AEIS) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 52,986 shares of the electronics maker’s stock, valued at approximately $19,726,000.

A number of other institutional investors have also made changes to their positions in AEIS. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Advanced Energy Industries in the second quarter valued at about $27,000. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of Advanced Energy Industries during the 1st quarter worth about $29,000. Root Financial Partners LLC increased its stake in shares of Advanced Energy Industries by 33.3% in the 1st quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker’s stock valued at $35,000 after acquiring an additional 27 shares during the last quarter. Meeder Asset Management Inc. bought a new stake in shares of Advanced Energy Industries in the 2nd quarter valued at about $42,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of Advanced Energy Industries in the 4th quarter valued at approximately $25,000. 99.67% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Advanced Energy Industries

In other Advanced Energy Industries news, EVP Elizabeth Karpinski Vonne sold 908 shares of Advanced Energy Industries stock in a transaction dated Tuesday, August 18th. The stock was 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 $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 available through the SEC website. Also, COO Eduardo Bernal Acebedo sold 24,771 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total value of $7,814,755.08. Following the completion of the sale, the chief operating officer owned 23,109 shares in the company, valued at approximately $7,290,427.32. This trade represents a 51.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 26,586 shares of company stock valued at $8,379,904. Corporate insiders own 1.30% of the company’s stock.

Advanced Energy Industries Stock Performance

Shares of AEIS stock opened at $272.82 on Friday. 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 52 week low of $144.09 and a 52 week high of $397.44. The company’s 50 day moving average price is $312.14 and its two-hundred day moving average price is $326.96. The company has a market capitalization of $10.93 billion, a P/E ratio of 50.90 and a beta of 1.29.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $574.10 million during the quarter, compared to analysts’ expectations of $544.41 million. During the same quarter in the prior year, the company earned $1.50 earnings per share. The business’s quarterly 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. On average, analysts expect that Advanced Energy Industries, Inc. will post 9.5 earnings per share for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 24th will be 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 is Monday, August 24th. Advanced Energy Industries’s dividend payout ratio is 7.46%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Energy Industries in a research note on Wednesday. Cantor Fitzgerald reiterated an “overweight” rating on shares of Advanced Energy Industries in a report on Tuesday, August 4th. Bank of America lifted their price target on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Zacks Research upgraded shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. Finally, Susquehanna raised their price objective on Advanced Energy Industries from $430.00 to $535.00 and gave the stock a “positive” rating in a research note on Tuesday, June 30th. One 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 company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $409.50.

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.