Advanced Energy Industries (NASDAQ:AEIS) Stock Price Down 8.6% – Here’s Why

Advanced Energy Industries, Inc. (NASDAQ:AEIS) dropped 8.6% on Monday . The stock traded as low as $262.10 and last traded at $262.4320. 104,051 shares changed hands during trading, a decline of 86% from the average session volume of 770,643 shares. The stock had previously closed at $287.25.

Analyst Ratings Changes

AEIS has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Bank of America boosted their target price on Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Seaport Research Partners raised Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 price target on the stock in a research note on Tuesday, August 4th. Wells Fargo & Company upgraded Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $345.00 to $465.00 in a report on Wednesday, July 1st. Finally, Zacks Research raised Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $409.50.

Advanced Energy Industries Trading Down 1.5%

The company has a quick ratio of 2.94, a current ratio of 3.79 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $10.04 billion, a P/E ratio of 46.75 and a beta of 1.31. The firm’s 50-day moving average price is $295.20 and its 200 day moving average price is $323.54.

Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, beating the consensus estimate of $2.21 by $0.53. The business had revenue of $574.10 million for the quarter, compared to analysts’ expectations of $544.41 million. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The firm’s revenue for the quarter was up 30.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.50 EPS. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. As a group, equities research analysts predict that Advanced Energy Industries, Inc. will post 9.5 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Monday, August 24th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. Advanced Energy Industries’s payout ratio is presently 7.46%.

Insider Buying and Selling at Advanced Energy Industries

In other Advanced Energy Industries news, COO Eduardo Acebedo sold 24,771 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the transaction, the chief operating officer directly owned 23,109 shares in the company, valued at approximately $7,290,427.32. This trade represents a 51.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Elizabeth Vonne sold 632 shares of Advanced Energy Industries stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $288.14, for a total transaction of $182,104.48. Following the transaction, the executive vice president directly owned 9,177 shares in the company, valued at $2,644,260.78. This represents a 6.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 27,218 shares of company stock valued at $8,562,008 in the last quarter. 1.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AEIS. BlackRock Inc. purchased a new position in Advanced Energy Industries in the second quarter worth $1,725,045,000. Bank of America Corp DE bought a new stake in shares of Advanced Energy Industries during the 2nd quarter worth $382,342,000. Norges Bank purchased a new position in shares of Advanced Energy Industries in the 4th quarter worth about $123,403,000. The Manufacturers Life Insurance Company purchased a new position in shares of Advanced Energy Industries in the 2nd quarter worth about $166,162,000. Finally, Bank of New York Mellon Corp bought a new position in Advanced Energy Industries during the second quarter valued at about $95,719,000. 99.67% of the stock is owned by institutional investors.

Advanced Energy Industries Company Profile

Advanced Energy Industries, Inc (NASDAQ: AEIS) designs and manufactures highly engineered power conversion, measurement and control solutions. Its products help customers generate, control, convert, distribute and measure electrical power in demanding applications that require precision, reliability and high performance.

The company’s product portfolio includes direct-current and alternating-current power systems, high-voltage power supplies, radio-frequency power systems, pulsed power solutions, power delivery systems, measurement instruments and thermal-management products.