Legal & General Group Plc Purchases 857 Shares of Advanced Energy Industries, Inc. $AEIS

Legal & General Group Plc raised its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 0.8% during the 2nd quarter, HoldingsChannel reports. The fund owned 102,292 shares of the electronics maker’s stock after buying an additional 857 shares during the quarter. Legal & General Group Plc’s holdings in Advanced Energy Industries were worth $13,554,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of AEIS. MetLife Investment Management LLC grew its stake in shares of Advanced Energy Industries by 557.2% during the 1st quarter. MetLife Investment Management LLC now owns 148,479 shares of the electronics maker’s stock worth $14,152,000 after acquiring an additional 125,888 shares in the last quarter. Nuveen LLC bought a new position in Advanced Energy Industries in the first quarter valued at $9,770,000. Trexquant Investment LP acquired a new stake in Advanced Energy Industries in the 1st quarter valued at $3,785,000. Envestnet Asset Management Inc. lifted its position in Advanced Energy Industries by 17.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 245,910 shares of the electronics maker’s stock worth $32,583,000 after buying an additional 36,217 shares in the last quarter. Finally, Select Equity Group L.P. acquired a new position in shares of Advanced Energy Industries during the 1st quarter worth about $3,423,000. Institutional investors and hedge funds own 99.67% of the company’s stock.

Advanced Energy Industries Price Performance

NASDAQ:AEIS opened at $211.35 on Friday. Advanced Energy Industries, Inc. has a 12-month low of $75.01 and a 12-month high of $232.05. The firm has a market capitalization of $7.98 billion, a price-to-earnings ratio of 95.63, a P/E/G ratio of 1.65 and a beta of 1.60. The stock’s 50 day moving average price is $193.71 and its two-hundred day moving average price is $157.96. The company has a quick ratio of 2.97, a current ratio of 4.09 and a debt-to-equity ratio of 0.45.

Advanced Energy Industries (NASDAQ:AEIS) last posted its earnings results on Tuesday, November 4th. The electronics maker reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.27. Advanced Energy Industries had a return on equity of 12.38% and a net margin of 5.13%.The business had revenue of $463.30 million for the quarter, compared to analyst estimates of $441.54 million. During the same period in the previous year, the firm earned $0.98 EPS. The firm’s revenue was up 23.8% compared to the same quarter last year. Advanced Energy Industries has set its Q4 2025 guidance at 1.500-2.000 EPS. On average, analysts anticipate that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

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

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Wells Fargo & Company lifted their target price on Advanced Energy Industries from $175.00 to $215.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 5th. KeyCorp raised their price target on Advanced Energy Industries from $195.00 to $240.00 and gave the company an “overweight” rating in a research note on Wednesday, November 5th. TD Cowen boosted their price target on Advanced Energy Industries from $140.00 to $210.00 and gave the stock a “hold” rating in a research report on Wednesday, November 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Energy Industries in a report on Tuesday. Finally, Citigroup raised their target price on shares of Advanced Energy Industries from $167.00 to $255.00 and gave the company a “buy” rating in a research note on Wednesday, November 12th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $212.00.

Insider Activity at Advanced Energy Industries

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 of the company’s stock, valued at approximately $5,035,503.12. The trade was a 24.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.20% of the company’s stock.

Advanced Energy Industries Profile

Advanced Energy Industries, Inc provides precision power conversion, measurement, and control solutions in the United States and internationally. The company's plasma power products offer solutions to enable innovation for semiconductor and thin film plasma processes, such as dry etch and deposition.