Sierra Summit Advisors LLC Makes New $894,000 Investment in Advanced Energy Industries, Inc. $AEIS

Sierra Summit Advisors LLC acquired a new stake in Advanced Energy Industries, Inc. (NASDAQ:AEISFree Report) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 2,771 shares of the electronics maker’s stock, valued at approximately $894,000.

Other large investors also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Advanced Energy Industries during the 4th quarter worth about $123,403,000. Analog Century Management LP bought a new position in Advanced Energy Industries in the 3rd quarter valued at about $79,507,000. Fuller & Thaler Asset Management Inc. lifted its position in 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 worth $89,542,000 after acquiring an additional 404,356 shares during the last quarter. Wellington Management Group LLP acquired a new stake in Advanced Energy Industries during the third quarter worth approximately $50,173,000. Finally, GW&K Investment Management LLC boosted its holdings in shares of Advanced Energy Industries by 51.5% during the third quarter. GW&K Investment Management LLC now owns 699,780 shares of the electronics maker’s stock worth $119,062,000 after acquiring an additional 237,895 shares during the period. 99.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AEIS has been the subject of several recent research reports. TD Cowen boosted their price target on Advanced Energy Industries from $300.00 to $350.00 and gave the company a “hold” rating in a research note on Tuesday, May 5th. Robert W. Baird boosted their target price on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Weiss Ratings downgraded shares of Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 29th. Zacks Research lowered shares of Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Finally, Cantor Fitzgerald lifted their price objective on shares of Advanced Energy Industries from $400.00 to $450.00 and gave the stock an “overweight” rating in a research note on Monday. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $400.45.

Check Out Our Latest Research Report on Advanced Energy Industries

Advanced Energy Industries Price Performance

Shares of NASDAQ AEIS opened at $311.27 on Friday. The business has a fifty day moving average price of $343.21 and a two-hundred day moving average price of $308.80. The stock has a market capitalization of $11.84 billion, a PE ratio of 65.53, a P/E/G ratio of 1.53 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:AEISGet Free Report) last released its earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.12. The company had revenue of $511.00 million for the quarter, compared to analyst estimates of $505.81 million. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.Advanced Energy Industries’s quarterly revenue was up 26.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.23 EPS. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. On average, equities analysts expect that Advanced Energy Industries, Inc. will post 7.72 EPS for the current year.

Advanced Energy Industries Announces Dividend

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

Insider Buying and Selling

In other news, EVP Elizabeth Karpinski Vonne sold 966 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $369.40, for a total transaction of $356,840.40. Following the completion of the sale, the executive vice president owned 11,616 shares of the company’s stock, valued at approximately $4,290,950.40. This represents a 7.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.30% of the stock is currently owned by corporate insiders.

Advanced Energy Industries Company 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.

Read More

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

Receive News & Ratings for Advanced Energy Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Energy Industries and related companies with MarketBeat.com's FREE daily email newsletter.