Sequoia Financial Advisors LLC Cuts Position in Advanced Energy Industries, Inc. $AEIS

Sequoia Financial Advisors LLC lessened its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 28.8% in the second quarter, HoldingsChannel.com reports. The firm owned 1,545 shares of the electronics maker’s stock after selling 624 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Advanced Energy Industries were worth $205,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Maryland State Retirement & Pension System increased its holdings in Advanced Energy Industries by 0.7% during the 2nd quarter. Maryland State Retirement & Pension System now owns 11,066 shares of the electronics maker’s stock valued at $1,466,000 after acquiring an additional 72 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Advanced Energy Industries by 26.0% during the 1st quarter. Russell Investments Group Ltd. now owns 446 shares of the electronics maker’s stock worth $43,000 after purchasing an additional 92 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of Advanced Energy Industries by 42.9% during the 2nd quarter. UMB Bank n.a. now owns 313 shares of the electronics maker’s stock worth $41,000 after purchasing an additional 94 shares during the last quarter. Isthmus Partners LLC boosted its stake in shares of Advanced Energy Industries by 0.3% during the 1st quarter. Isthmus Partners LLC now owns 29,565 shares of the electronics maker’s stock worth $2,818,000 after purchasing an additional 96 shares during the last quarter. Finally, Yousif Capital Management LLC boosted its stake in shares of Advanced Energy Industries by 0.9% during the 2nd quarter. Yousif Capital Management LLC now owns 14,120 shares of the electronics maker’s stock worth $1,871,000 after purchasing an additional 127 shares during the last quarter. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AEIS has been the topic of several analyst reports. Benchmark raised their price target on shares of Advanced Energy Industries from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Wall Street Zen upgraded Advanced Energy Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 9th. Zacks Research upgraded Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Advanced Energy Industries in a research report on Wednesday, October 8th. Finally, Needham & Company LLC raised their target price on shares of Advanced Energy Industries from $155.00 to $188.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $154.44.

Advanced Energy Industries Price Performance

AEIS opened at $198.42 on Friday. The company’s 50 day simple moving average is $166.65 and its 200 day simple moving average is $137.55. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.97 and a current ratio of 4.09. Advanced Energy Industries, Inc. has a 1 year low of $75.01 and a 1 year high of $203.20. The stock has a market capitalization of $7.48 billion, a PE ratio of 89.78, a P/E/G ratio of 1.51 and a beta of 1.55.

Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings results on Tuesday, August 5th. The electronics maker reported $1.50 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.22. The firm had revenue of $441.50 million for the quarter, compared to analysts’ expectations of $421.32 million. Advanced Energy Industries had a net margin of 5.13% and a return on equity of 12.38%. Advanced Energy Industries’s revenue was up 21.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.85 earnings per share. Advanced Energy Industries has set its Q3 2025 guidance at 1.200-1.700 EPS. As a group, sell-side analysts expect that Advanced Energy Industries, Inc. will post 3.66 EPS for the current year.

Insiders Place Their Bets

In other Advanced Energy Industries news, EVP John Donaghey sold 1,000 shares of Advanced Energy Industries stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $160.73, for a total transaction of $160,730.00. Following the transaction, the executive vice president directly owned 10,029 shares of the company’s stock, valued at $1,611,961.17. The trade was a 9.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.20% of the stock is currently owned by company insiders.

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.