Advanced Energy Industries, Inc. (NASDAQ:AEIS – Get Free Report) fell 8.3% on Tuesday . The company traded as low as $318.02 and last traded at $319.8230. 55,609 shares were traded during trading, a decline of 93% from the average daily volume of 801,471 shares. The stock had previously closed at $348.63.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on AEIS shares. Morgan Stanley increased their target price on Advanced Energy Industries from $421.00 to $439.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Susquehanna boosted their price target on Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a research note on Tuesday, June 30th. Weiss Ratings cut Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. Bank of America increased their price objective on Advanced Energy Industries from $430.00 to $450.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Finally, Needham & Company LLC reissued a “buy” rating and set a $400.00 price objective on shares of Advanced Energy Industries in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $409.50.
Read Our Latest Stock Analysis on AEIS
Advanced Energy Industries Trading Down 6.4%
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last announced its earnings results on Monday, August 3rd. The electronics maker reported $2.74 EPS for the quarter, topping the consensus estimate of $2.21 by $0.53. The business had revenue of $574.10 million for the quarter, compared to the consensus estimate of $544.41 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.Advanced Energy Industries’s revenue was up 30.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.50 EPS. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Research analysts expect that Advanced Energy Industries, Inc. will post 9.18 earnings per share for the current year.
Advanced Energy Industries Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 24th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, August 24th. Advanced Energy Industries’s dividend payout ratio (DPR) is presently 7.46%.
Insider Buying and Selling at Advanced Energy Industries
In related news, EVP Elizabeth Karpinski Vonne sold 908 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $332.68, for a total value of $302,073.44. Following the completion of the sale, the executive vice president owned 10,712 shares of the company’s stock, valued at $3,563,668.16. This trade represents a 7.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.30% of the stock is currently owned by corporate insiders.
Institutional Trading of Advanced Energy Industries
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Advanced Energy Industries during the second quarter worth approximately $27,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in Advanced Energy Industries during the 1st quarter worth $29,000. Root Financial Partners LLC raised its position in shares of Advanced Energy Industries by 33.3% during the first quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker’s stock worth $35,000 after purchasing an additional 27 shares during the period. Meeder Asset Management Inc. bought a new position in shares of Advanced Energy Industries during the 2nd quarter valued at about $42,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Advanced Energy Industries in the 4th quarter valued at approximately $25,000. 99.67% of the stock is currently owned by institutional investors and hedge funds.
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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