Advanced Energy Industries, Inc. $AEIS Stock: Pinnacle Associates Ltd. Increases Position

Pinnacle Associates Ltd. grew its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 7.8% during the third quarter, HoldingsChannel reports. The firm owned 79,692 shares of the electronics maker’s stock after purchasing an additional 5,780 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Advanced Energy Industries were worth $22,459,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Vontobel Holding Ltd. lifted its holdings in shares of Advanced Energy Industries by 18.0% during the third quarter. Vontobel Holding Ltd. now owns 3,434 shares of the electronics maker’s stock worth $968,000 after purchasing an additional 524 shares during the period. Assenagon Asset Management S.A. grew its position in Advanced Energy Industries by 455.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 60,719 shares of the electronics maker’s stock valued at $17,112,000 after buying an additional 49,784 shares during the last quarter. Fort Washington Investment Advisors Inc. OH increased its stake in Advanced Energy Industries by 90.8% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 133,685 shares of the electronics maker’s stock valued at $37,675,000 after buying an additional 63,625 shares during the period. Fortitude Family Office LLC increased its stake in Advanced Energy Industries by 286.2% in the 3rd quarter. Fortitude Family Office LLC now owns 112 shares of the electronics maker’s stock valued at $32,000 after buying an additional 83 shares during the period. Finally, Krilogy Financial LLC increased its stake in Advanced Energy Industries by 134.8% in the 3rd quarter. Krilogy Financial LLC now owns 2,132 shares of the electronics maker’s stock valued at $599,000 after buying an additional 1,224 shares during the period. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Advanced Energy Industries Stock Performance

Shares of AEIS stock opened at $239.65 on Wednesday. The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78. The stock has a 50 day simple moving average of $281.02 and a 200-day simple moving average of $315.33. The company has a market cap of $9.60 billion, a price-to-earnings ratio of 44.71 and a beta of 1.31. Advanced Energy Industries, Inc. has a 12-month low of $185.52 and a 12-month high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.53. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%. 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 previous year, the business earned $1.50 earnings per share. The company’s revenue for the quarter 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, equities analysts forecast that Advanced Energy Industries, Inc. will post 9.53 EPS for the current year.

Advanced Energy Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Monday, August 24th were issued a $0.10 dividend. The ex-dividend date of this dividend was Monday, August 24th. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. Advanced Energy Industries’s dividend payout ratio (DPR) is 7.46%.

Insiders Place Their Bets

In other news, COO Eduardo Acebedo sold 24,771 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the transaction, the chief operating officer directly owned 23,109 shares of the company’s stock, valued at $7,290,427.32. This represents a 51.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Elizabeth Vonne sold 632 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $288.14, for a total transaction of $182,104.48. Following the transaction, the executive vice president directly owned 9,177 shares in the company, valued at approximately $2,644,260.78. This trade represents a 6.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 27,218 shares of company stock valued at $8,562,008. 1.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

AEIS has been the subject of a number of analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of Advanced Energy Industries in a research report on Wednesday, August 26th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Energy Industries in a report on Tuesday, September 22nd. Bank of America lifted their target price on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Wall Street Zen upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Finally, Seaport Research Partners upgraded shares of Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 price target on the stock in a research note on Tuesday, August 4th. 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $409.50.

Advanced Energy Industries Profile

Advanced Energy Industries, Inc develops and manufactures precision power-conversion, measurement and control technologies. Its products are designed to regulate, transform and deliver electrical power with high levels of accuracy and reliability in demanding industrial applications.

The company’s portfolio includes direct-current and alternating-current power supplies, radio-frequency power systems, high-voltage power supplies, thermal-management equipment, power control modules, and measurement and control instruments.