State Board of Administration of Florida Retirement System boosted its holdings in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) by 23.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 12,485 shares of the electronics maker’s stock after purchasing an additional 2,338 shares during the quarter. State Board of Administration of Florida Retirement System’s holdings in Advanced Energy Industries were worth $1,654,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of AEIS. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Advanced Energy Industries in the first quarter worth $31,000. Bessemer Group Inc. lifted its position in Advanced Energy Industries by 98.3% during the second quarter. Bessemer Group Inc. now owns 234 shares of the electronics maker’s stock valued at $31,000 after purchasing an additional 116 shares during the period. UMB Bank n.a. boosted its holdings in Advanced Energy Industries by 42.9% in the second quarter. UMB Bank n.a. now owns 313 shares of the electronics maker’s stock valued at $41,000 after purchasing an additional 94 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in Advanced Energy Industries by 26.0% in the first quarter. Russell Investments Group Ltd. now owns 446 shares of the electronics maker’s stock valued at $43,000 after purchasing an additional 92 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its position in Advanced Energy Industries by 47.7% during the 1st quarter. Advisors Asset Management Inc. now owns 539 shares of the electronics maker’s stock worth $51,000 after purchasing an additional 174 shares during the period. 99.67% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other Advanced Energy Industries news, Director Tina Donikowski sold 2,257 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $210.33, for a total transaction of $474,714.81. Following the completion of the sale, the director directly owned 8,248 shares in the company, valued at approximately $1,734,801.84. The trade was a 21.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Paul R. Oldham sold 8,174 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $203.11, for a total value of $1,660,221.14. Following the completion of the transaction, the executive vice president owned 24,792 shares in the company, valued at approximately $5,035,503.12. This trade represents a 24.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.20% of the stock is owned by corporate insiders.
Advanced Energy Industries Stock Up 2.2%
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last released its quarterly earnings results on Tuesday, November 4th. The electronics maker reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.27. The firm had revenue of $463.30 million for the quarter, compared to analysts’ expectations of $441.54 million. Advanced Energy Industries had a net margin of 8.41% and a return on equity of 14.27%. The firm’s revenue for the quarter was up 23.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.98 EPS. 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 EPS for the current fiscal year.
Advanced Energy Industries Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, December 5th. Stockholders of record on Monday, November 24th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, November 24th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.2%. Advanced Energy Industries’s payout ratio is currently 10.50%.
Wall Street Analyst Weigh In
A number of analysts have recently commented on AEIS shares. Wall Street Zen downgraded Advanced Energy Industries from a “strong-buy” rating to a “buy” rating in a research note on Monday, November 24th. Citigroup boosted their price target on Advanced Energy Industries from $167.00 to $255.00 and gave the company a “buy” rating in a report on Wednesday, November 12th. Zacks Research upgraded Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 10th. Robert W. Baird set a $190.00 target price on shares of Advanced Energy Industries in a report on Monday, October 27th. Finally, Stifel Nicolaus boosted their target price on shares of Advanced Energy Industries from $210.00 to $230.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $212.00.
Read Our Latest Report on AEIS
Advanced Energy Industries Company 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.
Featured Articles
- Five stocks we like better than Advanced Energy Industries
- The Role Economic Reports Play in a Successful Investment Strategy
- Rocket Lab’s Big Rebound? Analysts Suggest the Dip’s a Gift
- Energy and Oil Stocks Explained
- Meta’s AI Moment? New SAM 3 Model Has Wall Street Turning Bullish
- 3 REITs to Buy and Hold for the Long Term
- Snowflake Stock: The Dip That Smart Investors Are Buying Right Now
Want to see what other hedge funds are holding AEIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report).
Receive News & Ratings for Advanced Energy Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Energy Industries and related companies with MarketBeat.com's FREE daily email newsletter.
