CenterBook Partners LP Decreases Stake in Advanced Energy Industries, Inc. $AEIS

CenterBook Partners LP reduced its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 47.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,489 shares of the electronics maker’s stock after selling 13,283 shares during the period. CenterBook Partners LP’s holdings in Advanced Energy Industries were worth $3,034,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in shares of Advanced Energy Industries by 6.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 262,517 shares of the electronics maker’s stock worth $44,665,000 after purchasing an additional 16,607 shares in the last quarter. Keybank National Association OH purchased a new stake in shares of Advanced Energy Industries during the 4th quarter worth $644,000. Congress Asset Management Co. purchased a new stake in shares of Advanced Energy Industries during the 4th quarter worth $47,502,000. Elevation Point Wealth Partners LLC boosted its position in shares of Advanced Energy Industries by 595.2% during the 3rd quarter. Elevation Point Wealth Partners LLC now owns 5,068 shares of the electronics maker’s stock worth $862,000 after purchasing an additional 4,339 shares in the last quarter. Finally, Campbell Newman Asset Management Inc. purchased a new stake in shares of Advanced Energy Industries during the 4th quarter worth $1,954,000. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on AEIS. Stifel Nicolaus boosted their target price on shares of Advanced Energy Industries from $310.00 to $325.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Citigroup boosted their target price on shares of Advanced Energy Industries from $385.00 to $410.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Needham & Company LLC boosted their target price on shares of Advanced Energy Industries from $330.00 to $400.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Susquehanna lifted their price target on Advanced Energy Industries from $375.00 to $430.00 and gave the stock a “positive” rating in a research note on Tuesday, May 5th. Finally, Zacks Research raised Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given 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 price target of $358.00.

Advanced Energy Industries Price Performance

Advanced Energy Industries stock opened at $306.11 on Tuesday. The stock has a market capitalization of $11.64 billion, a P/E ratio of 64.44, a P/E/G ratio of 1.28 and a beta of 1.30. Advanced Energy Industries, Inc. has a 12-month low of $122.08 and a 12-month high of $397.44. The firm’s 50-day moving average is $343.50 and its two-hundred day moving average is $290.76.

Advanced Energy Industries (NASDAQ:AEIS) last issued its quarterly earnings results on Monday, May 4th. The electronics maker reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.12. The business had revenue of $511.00 million during the quarter, compared to the consensus estimate of $505.81 million. Advanced Energy Industries had a net margin of 10.00% and a return on equity of 17.99%. The company’s quarterly revenue was up 26.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.23 earnings per share. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. As a group, analysts forecast that Advanced Energy Industries, Inc. will post 7.65 EPS for the current year.

Advanced Energy Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, May 25th were issued a dividend of $0.10 per share. The ex-dividend date was Friday, May 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. Advanced Energy Industries’s payout ratio is 8.42%.

Insider Transactions at Advanced Energy Industries

In other news, EVP Elizabeth Karpinski Vonne sold 966 shares of Advanced Energy Industries stock in a transaction dated 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 directly owned 11,616 shares in the company, valued at $4,290,950.40. The trade was a 7.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Paul R. Oldham sold 4,314 shares of Advanced Energy Industries stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $315.99, for a total transaction of $1,363,180.86. Following the sale, the executive vice president owned 22,217 shares of the company’s stock, valued at approximately $7,020,349.83. This trade represents a 16.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 6,514 shares of company stock worth $2,102,796 over the last ninety days. 1.30% of the stock is currently owned by corporate insiders.

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.