Nicholas Investment Partners LP Takes $17.03 Million Position in Advanced Energy Industries, Inc. $AEIS

Nicholas Investment Partners LP acquired a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 45,677 shares of the electronics maker’s stock, valued at approximately $17,032,000. Advanced Energy Industries accounts for about 1.0% of Nicholas Investment Partners LP’s holdings, making the stock its 29th largest holding.

Other hedge funds have also modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Advanced Energy Industries in the 2nd quarter valued at approximately $27,000. Whittier Trust Co. of Nevada Inc. acquired a new position in Advanced Energy Industries during the 1st quarter worth approximately $29,000. Root Financial Partners LLC grew its stake in shares of Advanced Energy Industries by 33.3% during the 1st quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker’s stock worth $35,000 after acquiring an additional 27 shares in the last quarter. Meeder Asset Management Inc. bought a new position in shares of Advanced Energy Industries during the 2nd quarter worth approximately $42,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of Advanced Energy Industries in the fourth quarter valued at approximately $25,000. 99.67% of the stock is currently owned by institutional investors.

Insider Transactions at Advanced Energy Industries

In other Advanced Energy Industries news, COO Eduardo Bernal Acebedo sold 24,771 shares of the company’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 value 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 represents a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Elizabeth Karpinski Vonne sold 908 shares of Advanced Energy Industries stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $332.68, for a total value of $302,073.44. Following the transaction, the executive vice president owned 10,712 shares of the company’s stock, valued at $3,563,668.16. This represents a 7.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on AEIS. Zacks Research raised shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. 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. Citigroup lifted their price target on shares of Advanced Energy Industries from $435.00 to $460.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Robert W. Baird boosted their price target on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Finally, KeyCorp increased their price objective on shares of Advanced Energy Industries from $375.00 to $415.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $409.50.

Advanced Energy Industries Price Performance

NASDAQ:AEIS opened at $274.67 on Tuesday. The stock has a market capitalization of $11.00 billion, a PE ratio of 51.24 and a beta of 1.29. Advanced Energy Industries, Inc. has a 1-year low of $144.09 and a 1-year high of $397.44. The firm has a fifty day simple moving average of $318.75 and a 200 day simple moving average of $326.92. The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.21 by $0.53. The firm had revenue of $574.10 million for the quarter, compared to analyst estimates of $544.41 million. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The company’s quarterly revenue was up 30.0% compared to the same quarter last year. During the same period in the prior year, the firm 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 9.18 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

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

About Advanced Energy Industries

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.