First National Bank of Omaha acquired a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) in the 2nd quarter, HoldingsChannel reports. The firm acquired 1,957 shares of the electronics maker’s stock, valued at approximately $730,000.
A number of other hedge funds have also made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of Advanced Energy Industries in the second quarter valued at approximately $1,725,045,000. Geode Capital Management LLC increased its position in shares of Advanced Energy Industries by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 956,979 shares of the electronics maker’s stock worth $200,393,000 after purchasing an additional 28,549 shares in the last quarter. Bank of America Corp DE increased its position in shares of Advanced Energy Industries by 2.2% during the second quarter. Bank of America Corp DE now owns 946,649 shares of the electronics maker’s stock worth $125,431,000 after purchasing an additional 20,573 shares in the last quarter. Norges Bank acquired a new position in Advanced Energy Industries in the 4th quarter valued at $123,403,000. Finally, Franklin Resources Inc. lifted its holdings in Advanced Energy Industries by 55.4% in the 4th quarter. Franklin Resources Inc. now owns 487,494 shares of the electronics maker’s stock valued at $102,067,000 after purchasing an additional 173,836 shares in the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the stock. TD Cowen lifted their target price on shares of Advanced Energy Industries from $350.00 to $370.00 and gave the stock a “hold” rating in a research note on Tuesday, August 4th. Weiss Ratings cut shares of Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. KeyCorp raised their price target on shares of Advanced Energy Industries from $375.00 to $415.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Needham & Company LLC restated a “buy” rating and set a $400.00 price target on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. Finally, Wall Street Zen raised shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Advanced Energy Industries has a consensus rating of “Moderate Buy” and an average target price of $409.50.
Advanced Energy Industries Stock Performance
NASDAQ AEIS opened at $294.31 on Thursday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.94 and a current ratio of 3.79. The stock’s fifty day moving average is $322.99 and its two-hundred day moving average is $326.41. The firm has a market capitalization of $11.79 billion, a P/E ratio of 54.91 and a beta of 1.29. Advanced Energy Industries, Inc. has a fifty-two week low of $143.38 and a fifty-two week high of $397.44.
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last issued its earnings results 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. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The business had revenue of $574.10 million during the quarter, compared to the consensus estimate of $544.41 million. During the same period last year, the company earned $1.50 EPS. The company’s revenue for the quarter was up 30.0% on a year-over-year basis. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. On average, research analysts anticipate that Advanced Energy Industries, Inc. will post 9.18 earnings per share for the current year.
Advanced Energy Industries Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 24th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. Advanced Energy Industries’s dividend payout ratio is currently 7.46%.
Insider Transactions at Advanced Energy Industries
In related news, EVP Elizabeth Karpinski Vonne sold 908 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $332.68, for a total transaction of $302,073.44. Following the completion of the sale, the executive vice president directly owned 10,712 shares in the company, valued at approximately $3,563,668.16. This trade represents a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.30% of the company’s stock.
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.
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