Navellier & Associates Inc. Buys 3,496 Shares of Advanced Energy Industries, Inc. $AEIS

Navellier & Associates Inc. boosted its position in Advanced Energy Industries, Inc. (NASDAQ:AEISFree Report) by 20.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,269 shares of the electronics maker’s stock after acquiring an additional 3,496 shares during the period. Navellier & Associates Inc. owned 0.05% of Advanced Energy Industries worth $7,558,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in AEIS. BlackRock Inc. acquired a new position in shares of Advanced Energy Industries during the second quarter worth approximately $1,725,045,000. Bank of America Corp DE bought a new stake in Advanced Energy Industries during the 2nd quarter valued at $382,342,000. Norges Bank bought a new stake in Advanced Energy Industries during the 4th quarter valued at $123,403,000. The Manufacturers Life Insurance Company acquired a new position in Advanced Energy Industries during the second quarter worth $166,162,000. Finally, Fuller & Thaler Asset Management Inc. lifted its stake in shares of Advanced Energy Industries by 1,734.1% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 427,674 shares of the electronics maker’s stock valued at $89,542,000 after buying an additional 404,356 shares in the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Elizabeth Karpinski Vonne sold 908 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $332.68, for a total value of $302,073.44. Following the sale, the executive vice president directly owned 10,712 shares in the company, valued at approximately $3,563,668.16. The trade was a 7.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Eduardo Bernal Acebedo sold 24,771 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 26,586 shares of company stock worth $8,379,904 in the last ninety days. Insiders own 1.30% of the company’s stock.

Advanced Energy Industries Price Performance

AEIS opened at $272.82 on Friday. The firm has a market cap of $10.93 billion, a P/E ratio of 50.90 and a beta of 1.29. The firm has a 50-day moving average of $312.14 and a 200 day moving average of $326.96. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.94 and a current ratio of 3.79. Advanced Energy Industries, Inc. has a fifty-two week low of $144.09 and a fifty-two week high of $397.44.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last posted its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.21 by $0.53. The business had revenue of $574.10 million during the quarter, compared to the consensus estimate 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 quarterly revenue was up 30.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.50 earnings per share. 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 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 24th will be paid a $0.10 dividend. The ex-dividend date is Monday, August 24th. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. Advanced Energy Industries’s payout ratio is presently 7.46%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. Cantor Fitzgerald restated an “overweight” rating on shares of Advanced Energy Industries in a report on Tuesday, August 4th. Bank of America raised their price target on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Morgan Stanley boosted their price objective on Advanced Energy Industries from $421.00 to $439.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Finally, TD Cowen increased their price objective on Advanced Energy Industries from $350.00 to $370.00 and gave the stock a “hold” rating in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $409.50.

Check Out Our Latest Stock Report on Advanced Energy Industries

About Advanced Energy Industries

(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.

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Institutional Ownership by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

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