SummitTX Capital L.P. Takes Position in Advanced Energy Industries, Inc. $AEIS

SummitTX Capital L.P. bought a new stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) during the first quarter, Holdings Channel reports. The institutional investor bought 12,484 shares of the electronics maker’s stock, valued at approximately $4,029,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Norges Bank acquired a new stake in Advanced Energy Industries in the fourth quarter worth $123,403,000. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Advanced Energy Industries by 1,734.1% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 427,674 shares of the electronics maker’s stock valued at $89,542,000 after purchasing an additional 404,356 shares during the period. Wellington Management Group LLP bought a new position in shares of Advanced Energy Industries during the 3rd quarter worth about $50,173,000. Franklin Resources Inc. boosted its position in shares of Advanced Energy Industries by 55.4% during the 4th 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. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Advanced Energy Industries by 131.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 286,749 shares of the electronics maker’s stock worth $60,037,000 after purchasing an additional 162,841 shares in the last quarter. 99.67% of the stock is owned by institutional investors.

Advanced Energy Industries Stock Performance

Shares of NASDAQ:AEIS opened at $291.95 on Tuesday. The company’s 50-day moving average is $323.93 and its 200 day moving average is $318.88. The company has a market capitalization of $11.10 billion, a P/E ratio of 61.46, a price-to-earnings-growth ratio of 1.27 and a beta of 1.25. Advanced Energy Industries, Inc. has a fifty-two week low of $128.40 and a fifty-two week high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.12. Advanced Energy Industries had a net margin of 10.00% and a return on equity of 17.99%. The company had revenue of $511.00 million during the quarter, compared to analyst estimates of $505.81 million. During the same quarter in the prior year, the business earned $1.23 earnings per share. The firm’s revenue for the quarter was up 26.3% on a year-over-year basis. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. As a group, research analysts predict that Advanced Energy Industries, Inc. will post 7.96 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, May 25th were paid a dividend of $0.10 per share. The ex-dividend date was Friday, May 22nd. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. Advanced Energy Industries’s dividend payout ratio (DPR) is presently 8.42%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Citigroup boosted their target price on Advanced Energy Industries from $410.00 to $435.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. TD Cowen increased their price target on Advanced Energy Industries from $300.00 to $350.00 and gave the stock a “hold” rating in a report on Tuesday, May 5th. Morgan Stanley began coverage on Advanced Energy Industries in a research note on Wednesday, July 22nd. They issued an “overweight” rating and a $421.00 price objective for the company. Bank of America boosted their price objective on Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Finally, Wall Street Zen raised Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Eleven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $404.25.

Advanced Energy Industries Profile

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.