Bessemer Group Inc. Has $8.50 Million Position in Advanced Energy Industries, Inc. $AEIS

Bessemer Group Inc. boosted its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEISFree Report) by 2,806.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,599 shares of the electronics maker’s stock after acquiring an additional 39,202 shares during the period. Bessemer Group Inc.’s holdings in Advanced Energy Industries were worth $8,501,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Azzad Asset Management Inc. ADV raised its holdings in Advanced Energy Industries by 0.4% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 10,720 shares of the electronics maker’s stock valued at $1,824,000 after acquiring an additional 45 shares in the last quarter. Allworth Financial LP raised its holdings in Advanced Energy Industries by 9.2% in the 3rd quarter. Allworth Financial LP now owns 582 shares of the electronics maker’s stock valued at $99,000 after acquiring an additional 49 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Advanced Energy Industries by 19.9% in the third quarter. EverSource Wealth Advisors LLC now owns 374 shares of the electronics maker’s stock valued at $64,000 after purchasing an additional 62 shares in the last quarter. Huntington National Bank raised its stake in Advanced Energy Industries by 14.4% in the third quarter. Huntington National Bank now owns 541 shares of the electronics maker’s stock valued at $92,000 after purchasing an additional 68 shares in the last quarter. Finally, US Bancorp DE raised its stake in Advanced Energy Industries by 0.9% in the third quarter. US Bancorp DE now owns 8,218 shares of the electronics maker’s stock valued at $1,398,000 after purchasing an additional 76 shares in the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on AEIS shares. Susquehanna increased their price objective on shares of Advanced Energy Industries from $375.00 to $430.00 and gave the stock a “positive” rating in a research note on Tuesday, May 5th. Wells Fargo & Company increased their price objective on shares of Advanced Energy Industries from $340.00 to $345.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 5th. Robert W. Baird increased their price objective on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Stifel Nicolaus increased their price objective on shares of Advanced Energy Industries from $310.00 to $325.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Finally, Wall Street Zen upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Advanced Energy Industries currently has an average rating of “Moderate Buy” and a consensus price target of $358.00.

Check Out Our Latest Research Report on AEIS

Insider Transactions at Advanced Energy Industries

In related news, CEO Stephen Douglas Kelley sold 50,000 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $316.62, for a total transaction of $15,831,000.00. Following the sale, the chief executive officer owned 80,376 shares in the company, valued at $25,448,649.12. The trade was a 38.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Elizabeth Karpinski Vonne sold 966 shares of the business’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $369.40, for a total value of $356,840.40. Following the sale, the executive vice president owned 11,616 shares in the company, valued at $4,290,950.40. This represents a 7.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 57,478 shares of company stock worth $18,250,393. 1.30% of the stock is currently owned by insiders.

Advanced Energy Industries Stock Performance

Shares of AEIS opened at $323.46 on Monday. Advanced Energy Industries, Inc. has a 52-week low of $112.25 and a 52-week high of $397.44. The business’s fifty day moving average is $344.21 and its 200-day moving average is $278.77. The firm has a market cap of $12.30 billion, a price-to-earnings ratio of 68.10, a PEG ratio of 1.45 and a beta of 1.40.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last issued its quarterly earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.12. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.The company had revenue of $511.00 million for the quarter, compared to analyst estimates of $505.81 million. During the same quarter last year, the company posted $1.23 EPS. The company’s revenue for the quarter was up 26.3% compared to the same quarter last year. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. As a group, research analysts forecast that Advanced Energy Industries, Inc. will post 7.4 EPS for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Monday, May 25th will be given a dividend of $0.10 per share. The ex-dividend date is Friday, May 22nd. This represents a $0.40 dividend on an annualized basis and a yield of 0.1%. Advanced Energy Industries’s payout ratio is currently 8.42%.

Advanced Energy Industries Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

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