Police & Firemen s Retirement System of New Jersey lifted its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) by 3.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,477 shares of the electronics maker’s stock after purchasing an additional 278 shares during the period. Police & Firemen s Retirement System of New Jersey’s holdings in Advanced Energy Industries were worth $1,123,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of AEIS. MetLife Investment Management LLC boosted its position in Advanced Energy Industries by 557.2% in the 1st quarter. MetLife Investment Management LLC now owns 148,479 shares of the electronics maker’s stock valued at $14,152,000 after buying an additional 125,888 shares during the last quarter. Nuveen LLC acquired a new position in shares of Advanced Energy Industries during the first quarter valued at $9,770,000. Trexquant Investment LP acquired a new position in shares of Advanced Energy Industries during the first quarter valued at $3,785,000. Envestnet Asset Management Inc. boosted its holdings in Advanced Energy Industries by 17.3% in the second quarter. Envestnet Asset Management Inc. now owns 245,910 shares of the electronics maker’s stock valued at $32,583,000 after acquiring an additional 36,217 shares during the last quarter. Finally, Select Equity Group L.P. acquired a new stake in Advanced Energy Industries in the first quarter worth about $3,423,000. Institutional investors and hedge funds own 99.67% of the company’s stock.
Insider Buying and Selling
In other Advanced Energy Industries news, EVP Paul R. Oldham sold 8,174 shares of Advanced Energy Industries stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $203.11, for a total value of $1,660,221.14. Following the transaction, the executive vice president owned 24,792 shares of the company’s stock, valued at approximately $5,035,503.12. The trade was a 24.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.20% of the company’s stock.
Advanced Energy Industries Price Performance
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last posted its earnings results on Tuesday, November 4th. The electronics maker reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.27. Advanced Energy Industries had a return on equity of 12.38% and a net margin of 5.13%.The firm had revenue of $463.30 million for the quarter, compared to analyst estimates of $441.54 million. During the same period in the previous year, the company posted $0.98 earnings per share. The company’s revenue for the quarter was up 23.8% on a year-over-year basis. Advanced Energy Industries has set its Q4 2025 guidance at 1.500-2.000 EPS. On average, research analysts expect that Advanced Energy Industries, Inc. will post 3.66 EPS for the current year.
Advanced Energy Industries Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Monday, November 24th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Monday, November 24th. Advanced Energy Industries’s dividend payout ratio is presently 10.50%.
Wall Street Analyst Weigh In
A number of research firms have issued reports on AEIS. Zacks Research upgraded shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 10th. KeyCorp lifted their target price on shares of Advanced Energy Industries from $195.00 to $240.00 and gave the stock an “overweight” rating in a report on Wednesday, November 5th. Citigroup upped their target price on shares of Advanced Energy Industries from $167.00 to $255.00 and gave the company a “buy” rating in a research report on Wednesday, November 12th. Needham & Company LLC raised their price target on Advanced Energy Industries from $188.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Finally, TD Cowen upped their price objective on Advanced Energy Industries from $140.00 to $210.00 and gave the company a “hold” rating in a report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Advanced Energy Industries has a consensus rating of “Moderate Buy” and an average target price of $212.00.
Read Our Latest Analysis on AEIS
Advanced Energy Industries Profile
Advanced Energy Industries, Inc provides precision power conversion, measurement, and control solutions in the United States and internationally. The company's plasma power products offer solutions to enable innovation for semiconductor and thin film plasma processes, such as dry etch and deposition.
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