Advanced Energy Industries (NASDAQ:AEIS) Price Target Raised to $460.00

Advanced Energy Industries (NASDAQ:AEIS) had its price objective upped by Citigroup from $435.00 to $460.00 in a report released on Tuesday morning,Benzinga reports. Citigroup currently has a buy rating on the electronics maker’s stock.

Several other research analysts have also commented on the company. KeyCorp raised their price objective on Advanced Energy Industries from $375.00 to $415.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. TD Cowen upped their target price on Advanced Energy Industries from $350.00 to $370.00 and gave the stock a “hold” rating in a research report on Tuesday. Bank of America increased their target price on Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Cantor Fitzgerald reissued an “overweight” rating on shares of Advanced Energy Industries in a research report on Tuesday. Finally, Susquehanna upped their price objective on shares of Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a research report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $409.50.

Advanced Energy Industries Price Performance

NASDAQ:AEIS opened at $323.91 on Tuesday. The firm has a market cap of $12.97 billion, a price-to-earnings ratio of 60.43, a price-to-earnings-growth ratio of 1.34 and a beta of 1.29. The company has a current ratio of 3.79, a quick ratio of 1.13 and a debt-to-equity ratio of 0.78. The company’s 50-day moving average is $320.03 and its two-hundred day moving average is $322.50. Advanced Energy Industries has a 12-month low of $140.66 and a 12-month high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 EPS for the quarter, beating 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 quarter in the previous year, the business earned $1.50 earnings per share. The business’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. Research analysts expect that Advanced Energy Industries will post 8.17 EPS for the current year.

Advanced Energy Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 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 0.1%. The ex-dividend date is Monday, August 24th. Advanced Energy Industries’s dividend payout ratio is presently 7.46%.

Institutional Investors Weigh In On Advanced Energy Industries

A number of hedge funds have recently added to or reduced their stakes in AEIS. Norges Bank acquired a new position in shares of Advanced Energy Industries during the fourth quarter valued at $123,403,000. Fuller & Thaler Asset Management Inc. increased its holdings in shares of Advanced Energy Industries by 1,734.1% in the 4th 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 period. Wellington Management Group LLP bought a new stake in Advanced Energy Industries in the 3rd quarter valued at about $50,173,000. Bank of New York Mellon Corp bought a new stake in Advanced Energy Industries in the 2nd quarter valued at about $95,719,000. Finally, Franklin Resources Inc. boosted its stake in Advanced Energy Industries by 55.4% during 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 during the period. 99.67% of the stock is currently owned by institutional investors.

Advanced Energy Industries Company 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.