Advanced Energy Industries (NASDAQ:AEIS) Price Target Raised to $300.00

Advanced Energy Industries (NASDAQ:AEISFree Report) had its price target boosted by Bank of America from $260.00 to $300.00 in a research report released on Thursday,Benzinga reports. Bank of America currently has a buy rating on the electronics maker’s stock.

Several other analysts also recently commented on AEIS. Wells Fargo & Company raised their price objective on shares of Advanced Energy Industries from $215.00 to $225.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. Zacks Research downgraded shares of Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Needham & Company LLC lifted their price target on Advanced Energy Industries from $225.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday, January 16th. Weiss Ratings restated a “hold (c+)” rating on shares of Advanced Energy Industries in a research report on Monday, December 29th. Finally, Robert W. Baird set a $190.00 price objective on Advanced Energy Industries in a research note on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $255.50.

Read Our Latest Research Report on Advanced Energy Industries

Advanced Energy Industries Price Performance

Shares of NASDAQ:AEIS opened at $262.19 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 3.01 and a current ratio of 4.10. The business has a 50-day simple moving average of $220.99 and a two-hundred day simple moving average of $186.16. Advanced Energy Industries has a fifty-two week low of $75.01 and a fifty-two week high of $276.85. The firm has a market cap of $9.90 billion, a price-to-earnings ratio of 68.82, a price-to-earnings-growth ratio of 1.26 and a beta of 1.39.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last posted its earnings results on Tuesday, November 4th. The electronics maker reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.27. Advanced Energy Industries had a return on equity of 14.27% and a net margin of 8.41%.The company had revenue of $463.30 million for the quarter, compared to the consensus estimate of $441.54 million. During the same quarter in the prior year, the company earned $0.98 earnings per share. Advanced Energy Industries’s revenue was up 23.8% on a year-over-year basis. Advanced Energy Industries has set its Q4 2025 guidance at 1.500-2.000 EPS. On average, analysts expect that Advanced Energy Industries will post 3.66 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 5th. Stockholders of record on Monday, November 24th were issued a $0.10 dividend. The ex-dividend date was Monday, November 24th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. Advanced Energy Industries’s dividend payout ratio is presently 10.50%.

Insider Activity

In related news, EVP Paul R. Oldham sold 8,174 shares of Advanced Energy Industries stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $203.11, for a total transaction of $1,660,221.14. Following the completion of the sale, the executive vice president owned 24,792 shares in the company, valued at $5,035,503.12. This trade represents a 24.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Tina Donikowski sold 2,257 shares of the firm’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $210.33, for a total transaction of $474,714.81. Following the transaction, the director directly owned 8,248 shares in the company, valued at approximately $1,734,801.84. This trade represents a 21.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.20% of the company’s stock.

Institutional Trading of Advanced Energy Industries

A number of institutional investors have recently modified their holdings of the company. Farther Finance Advisors LLC boosted its holdings in Advanced Energy Industries by 220.2% in the fourth quarter. Farther Finance Advisors LLC now owns 554 shares of the electronics maker’s stock valued at $116,000 after purchasing an additional 381 shares during the last quarter. Assetmark Inc. boosted its stake in shares of Advanced Energy Industries by 8.0% in the fourth quarter. Assetmark Inc. now owns 1,656 shares of the electronics maker’s stock worth $347,000 after buying an additional 122 shares during the last quarter. State of Alaska Department of Revenue grew its holdings in Advanced Energy Industries by 1.5% during the fourth quarter. State of Alaska Department of Revenue now owns 20,844 shares of the electronics maker’s stock worth $4,364,000 after acquiring an additional 315 shares during the period. Choreo LLC raised its position in Advanced Energy Industries by 10.6% during the fourth quarter. Choreo LLC now owns 1,935 shares of the electronics maker’s stock valued at $413,000 after acquiring an additional 186 shares in the last quarter. Finally, Twelve Points Wealth Management LLC purchased a new position in Advanced Energy Industries during the fourth quarter valued at approximately $227,000. 99.67% of the stock is currently owned by institutional investors.

About Advanced Energy Industries

(Get 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

Analyst Recommendations for Advanced Energy Industries (NASDAQ:AEIS)

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