Headlands Technologies LLC bought a new stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) during the second quarter, HoldingsChannel reports. The institutional investor bought 2,516 shares of the electronics maker’s stock, valued at approximately $938,000.
Several other institutional investors also recently modified their holdings of AEIS. BlackRock Inc. bought a new stake in shares of Advanced Energy Industries during the second quarter worth approximately $1,725,045,000. Bank of America Corp DE bought a new position in Advanced Energy Industries in the second quarter valued at approximately $382,342,000. Geode Capital Management LLC boosted its stake in Advanced Energy Industries by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 956,979 shares of the electronics maker’s stock valued at $200,393,000 after acquiring an additional 28,549 shares during the last quarter. Norges Bank acquired a new stake in Advanced Energy Industries during the 4th quarter worth $123,403,000. Finally, Franklin Resources Inc. raised its position in shares of 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 acquiring an additional 173,836 shares during the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the company. Wall Street Zen upgraded Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. KeyCorp upped their price objective on Advanced Energy Industries from $375.00 to $415.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. 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 restated an “overweight” rating on shares of Advanced Energy Industries in a report on Tuesday, August 4th. Finally, Seaport Research Partners upgraded Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 target price for the company in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Advanced Energy Industries currently has an average rating of “Moderate Buy” and an average target price of $409.50.
Advanced Energy Industries Price Performance
AEIS opened at $267.00 on Wednesday. The stock has a market cap of $10.69 billion, a P/E ratio of 49.81 and a beta of 1.31. Advanced Energy Industries, Inc. has a 12 month low of $144.09 and a 12 month high of $397.44. 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 fifty day simple moving average of $307.95 and a 200 day simple moving average of $326.98.
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last posted its earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $574.10 million for the quarter, compared to analyst estimates of $544.41 million. During the same period in the previous year, the company posted $1.50 earnings per share. The company’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. On average, research analysts expect that Advanced Energy Industries, Inc. will post 9.5 EPS for the current year.
Advanced Energy Industries Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 24th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Monday, August 24th. Advanced Energy Industries’s payout ratio is 7.46%.
Insider Activity at Advanced Energy Industries
In related news, EVP Elizabeth Karpinski Vonne sold 908 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $332.68, for a total transaction of $302,073.44. Following the completion of the sale, the executive vice president directly owned 10,712 shares of the company’s stock, valued at approximately $3,563,668.16. This represents a 7.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Eduardo Bernal Acebedo sold 24,771 shares of the firm’s stock in a transaction that occurred 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 sale, the chief operating officer owned 23,109 shares in the company, valued at $7,290,427.32. This trade represents a 51.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 26,586 shares of company stock valued at $8,379,904 over the last quarter. 1.30% of the stock is owned by insiders.
Advanced Energy Industries 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.
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