State of New Jersey Common Pension Fund D boosted its holdings in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) by 5.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,245 shares of the electronics maker’s stock after buying an additional 865 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Advanced Energy Industries were worth $2,152,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the business. Principal Financial Group Inc. grew its position in Advanced Energy Industries by 0.3% during the first quarter. Principal Financial Group Inc. now owns 477,296 shares of the electronics maker’s stock valued at $45,491,000 after buying an additional 1,624 shares during the period. Charles Schwab Investment Management Inc. grew its position in Advanced Energy Industries by 1.1% during the first quarter. Charles Schwab Investment Management Inc. now owns 465,162 shares of the electronics maker’s stock valued at $44,335,000 after buying an additional 5,041 shares during the period. Segall Bryant & Hamill LLC grew its position in Advanced Energy Industries by 5.7% during the first quarter. Segall Bryant & Hamill LLC now owns 163,300 shares of the electronics maker’s stock valued at $15,564,000 after buying an additional 8,852 shares during the period. MetLife Investment Management LLC grew its position in Advanced Energy Industries by 557.2% during the first quarter. MetLife Investment Management LLC now owns 148,479 shares of the electronics maker’s stock valued at $14,152,000 after buying an additional 125,888 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH grew its position in Advanced Energy Industries by 7.3% during the second quarter. Fort Washington Investment Advisors Inc. OH now owns 136,017 shares of the electronics maker’s stock valued at $18,022,000 after buying an additional 9,272 shares during the period. 99.67% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other Advanced Energy Industries news, EVP John Donaghey sold 1,000 shares of the stock in a transaction 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 completion of the transaction, the executive vice president owned 10,029 shares in the company, valued at $1,611,961.17. This trade represents a 9.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.20% of the stock is owned by company insiders.
Advanced Energy Industries Price Performance
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last issued its earnings results on Tuesday, August 5th. The electronics maker reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.22. Advanced Energy Industries had a net margin of 5.13% and a return on equity of 12.38%. The firm had revenue of $441.50 million during the quarter, compared to analyst estimates of $421.32 million. During the same quarter in the prior year, the business earned $0.85 earnings per share. Advanced Energy Industries’s revenue for the quarter was up 21.0% on a year-over-year basis. 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 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on AEIS shares. Stifel Nicolaus boosted their target price on shares of Advanced Energy Industries from $150.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, October 13th. KeyCorp upped their price target on shares of Advanced Energy Industries from $180.00 to $195.00 and gave the stock an “overweight” rating in a research report on Friday, October 10th. Zacks Research upgraded shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Advanced Energy Industries in a research report on Wednesday, October 8th. Finally, TD Cowen upped their price target on shares of Advanced Energy Industries from $118.00 to $140.00 and gave the stock a “hold” rating in a research report on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $160.89.
Check Out Our Latest Research Report on AEIS
About Advanced Energy Industries
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.
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