Advanced Energy Industries, Inc. $AEIS Shares Sold by Jennison Associates LLC

Jennison Associates LLC cut its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 34.7% in the first quarter, HoldingsChannel reports. The institutional investor owned 5,191 shares of the electronics maker’s stock after selling 2,761 shares during the quarter. Jennison Associates LLC’s holdings in Advanced Energy Industries were worth $1,675,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Kemnay Advisory Services Inc. purchased a new stake in shares of Advanced Energy Industries during the 4th quarter worth approximately $25,000. Bayforest Capital Ltd purchased a new position in Advanced Energy Industries in the 4th quarter valued at approximately $29,000. Whittier Trust Co. of Nevada Inc. acquired a new position in Advanced Energy Industries during the first quarter worth $29,000. Twin Tree Management LP acquired a new position in Advanced Energy Industries during the fourth quarter worth $32,000. Finally, Danske Bank A S purchased a new stake in Advanced Energy Industries during the third quarter worth $34,000. 99.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have weighed in on AEIS shares. Weiss Ratings lowered Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 29th. Needham & Company LLC boosted their price objective on shares of Advanced Energy Industries from $330.00 to $400.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Bank of America increased their price objective on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. KeyCorp raised their target price on shares of Advanced Energy Industries from $375.00 to $415.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Finally, Morgan Stanley started coverage on shares of Advanced Energy Industries in a research report on Wednesday. They set an “overweight” rating and a $421.00 target price for the company. Eleven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $404.25.

Advanced Energy Industries Stock Up 4.5%

NASDAQ AEIS opened at $317.31 on Thursday. Advanced Energy Industries, Inc. has a fifty-two week low of $128.40 and a fifty-two week high of $397.44. The business has a fifty day moving average of $325.25 and a 200-day moving average of $317.25. The stock has a market cap of $12.07 billion, a price-to-earnings ratio of 66.80, a price-to-earnings-growth ratio of 1.31 and a beta of 1.25.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings data on Monday, May 4th. The electronics maker reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $1.97 by $0.12. The business had revenue of $511.00 million for the quarter, compared to analyst estimates of $505.81 million. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.The business’s revenue for the quarter was up 26.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.23 earnings per share. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. As a group, analysts anticipate that Advanced Energy Industries, Inc. will post 7.72 EPS for the current year.

Advanced Energy Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, May 25th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Friday, May 22nd. Advanced Energy Industries’s dividend payout ratio is 8.42%.

Advanced Energy Industries Company Profile

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.