Advanced Energy Industries (NASDAQ:AEIS) Downgraded by Zacks Research to “Hold”

Zacks Research cut shares of Advanced Energy Industries (NASDAQ:AEIS) from a strong-buy rating to a hold rating in a research note issued to investors on Thursday morning,Zacks.com reports.

Other equities research analysts also recently issued reports about the company. KeyCorp upped their target price on Advanced Energy Industries from $330.00 to $375.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Needham & Company LLC upped their price target on shares of Advanced Energy Industries from $290.00 to $330.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Wells Fargo & Company upped their price target on shares of Advanced Energy Industries from $300.00 to $340.00 and gave the company an “equal weight” rating in a research report on Tuesday. Citigroup upped their price target on shares of Advanced Energy Industries from $330.00 to $385.00 and gave the company a “buy” rating in a research report on Friday, March 20th. Finally, Susquehanna upped their price target on shares of Advanced Energy Industries from $300.00 to $375.00 and gave the company a “positive” rating in a research report on Wednesday, February 11th. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $322.50.

Advanced Energy Industries Stock Up 1.2%

Shares of NASDAQ AEIS opened at $379.64 on Thursday. Advanced Energy Industries has a 12 month low of $82.64 and a 12 month high of $385.97. The company has a market cap of $14.37 billion, a price-to-earnings ratio of 99.38, a P/E/G ratio of 2.75 and a beta of 1.35. The business has a fifty day simple moving average of $317.43 and a 200-day simple moving average of $248.04.

Advanced Energy Industries (NASDAQ:AEIS) last announced its earnings results on Tuesday, February 10th. The electronics maker reported $1.94 EPS for the quarter, beating the consensus estimate of $1.76 by $0.18. Advanced Energy Industries had a return on equity of 15.72% and a net margin of 8.25%.The business had revenue of $489.40 million during the quarter, compared to the consensus estimate of $473.12 million. During the same period in the prior year, the business posted $1.30 earnings per share. Advanced Energy Industries’s revenue was up 17.8% compared to the same quarter last year. Advanced Energy Industries has set its Q1 2026 guidance at 1.690-2.190 EPS. As a group, sell-side analysts expect that Advanced Energy Industries will post 3.66 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, February 23rd were given a $0.10 dividend. The ex-dividend date was Monday, February 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 0.1%. Advanced Energy Industries’s dividend payout ratio is presently 10.47%.

Insider Buying and Selling

In other Advanced Energy Industries news, EVP Paul R. Oldham sold 4,314 shares of the stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $315.99, for a total value of $1,363,180.86. Following the completion of the sale, the executive vice president owned 22,217 shares in the company, valued at $7,020,349.83. This represents a 16.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Brian Shirley sold 1,234 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $310.19, for a total transaction of $382,774.46. Following the completion of the sale, the director owned 5,584 shares of the company’s stock, valued at approximately $1,732,100.96. The trade was a 18.10% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 57,512 shares of company stock worth $18,210,172. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Advanced Energy Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kemnay Advisory Services Inc. purchased a new stake in shares of Advanced Energy Industries during the 4th quarter worth about $25,000. Private Trust Co. NA raised its stake in shares of Advanced Energy Industries by 92.4% during the 3rd quarter. Private Trust Co. NA now owns 152 shares of the electronics maker’s stock worth $26,000 after purchasing an additional 73 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of Advanced Energy Industries by 203.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 173 shares of the electronics maker’s stock worth $29,000 after purchasing an additional 116 shares in the last quarter. Bayforest Capital Ltd purchased a new stake in shares of Advanced Energy Industries during the 4th quarter worth about $29,000. Finally, Twin Tree Management LP purchased a new stake in shares of Advanced Energy Industries during the 4th quarter worth about $32,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.

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.