Dean Capital Management reduced its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) by 58.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 7,839 shares of the electronics maker’s stock after selling 10,965 shares during the quarter. Dean Capital Management’s holdings in Advanced Energy Industries were worth $2,530,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of the stock. Royal Bank of Canada boosted its stake in shares of Advanced Energy Industries by 16.5% in the first quarter. Royal Bank of Canada now owns 11,155 shares of the electronics maker’s stock worth $1,063,000 after buying an additional 1,578 shares during the last quarter. Advisors Asset Management Inc. raised its position in Advanced Energy Industries by 47.7% during the first quarter. Advisors Asset Management Inc. now owns 539 shares of the electronics maker’s stock valued at $51,000 after acquiring an additional 174 shares in the last quarter. AQR Capital Management LLC acquired a new position in Advanced Energy Industries in the first quarter valued at approximately $468,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Advanced Energy Industries by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,278 shares of the electronics maker’s stock worth $2,123,000 after purchasing an additional 970 shares in the last quarter. Finally, United Services Automobile Association purchased a new stake in Advanced Energy Industries in the 1st quarter worth approximately $228,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the stock. TD Cowen lifted their target price on shares of Advanced Energy Industries from $300.00 to $350.00 and gave the company a “hold” rating in a report on Tuesday, May 5th. Zacks Research lowered shares of Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 30th. Needham & Company LLC lifted their price objective on shares of Advanced Energy Industries from $330.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Cantor Fitzgerald lifted their price objective on shares of Advanced Energy Industries from $400.00 to $450.00 and gave the company an “overweight” rating in a report on Monday, June 29th. Finally, Wells Fargo & Company raised shares of Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $345.00 to $465.00 in a research note on Wednesday, July 1st. Eleven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $404.25.
Advanced Energy Industries Price Performance
Shares of AEIS stock opened at $303.99 on Monday. Advanced Energy Industries, Inc. has a 1-year low of $128.40 and a 1-year high of $397.44. The company has a market cap of $11.56 billion, a price-to-earnings ratio of 64.00, a PEG ratio of 1.27 and a beta of 1.25. The stock has a 50 day simple moving average of $324.27 and a 200-day simple moving average of $318.44.
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last released its quarterly earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.97 by $0.12. The firm had revenue of $511.00 million for the quarter, compared to analysts’ expectations of $505.81 million. Advanced Energy Industries had a net margin of 10.00% and a return on equity of 17.99%. The firm’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 EPS. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Analysts anticipate that Advanced Energy Industries, Inc. will post 7.96 earnings per share for the current fiscal year.
Advanced Energy Industries Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, May 25th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. Advanced Energy Industries’s payout ratio is currently 8.42%.
Advanced Energy Industries 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.
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