Advanced Energy Industries’ (AEIS) “Buy” Rating Reiterated at Needham & Company LLC

Needham & Company LLC restated their buy rating on shares of Advanced Energy Industries (NASDAQ:AEIS) in a research report sent to investors on Tuesday,Benzinga reports. Needham & Company LLC currently has a $400.00 price objective on the electronics maker’s stock.

Other equities research analysts have also recently issued reports about the company. TD Cowen lifted their target price on Advanced Energy Industries from $300.00 to $350.00 and gave the stock a “hold” rating in a research note on Tuesday, May 5th. Zacks Research upgraded Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. Bank of America increased their price objective on Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. KeyCorp boosted their target price on Advanced Energy Industries from $375.00 to $415.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Finally, Wells Fargo & Company raised Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $345.00 to $465.00 in a research report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $409.50.

Advanced Energy Industries Trading Down 1.6%

AEIS opened at $323.91 on Tuesday. The company has a fifty day moving average price of $320.03 and a two-hundred day moving average price of $322.50. The company has a market cap of $12.97 billion, a P/E ratio of 60.43, a price-to-earnings-growth ratio of 1.34 and a beta of 1.29. The company has a current ratio of 3.79, a quick ratio of 1.13 and a debt-to-equity ratio of 0.78. Advanced Energy Industries has a 1-year low of $140.66 and a 1-year high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.53. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The firm had revenue of $574.10 million for the quarter, compared to analyst estimates of $544.41 million. During the same period last year, the firm earned $1.50 earnings per share. The business’s quarterly revenue was up 30.0% compared to the same quarter last year. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Analysts predict that Advanced Energy Industries will post 8.17 EPS for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 24th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Monday, August 24th. Advanced Energy Industries’s dividend payout ratio is 7.46%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Kemnay Advisory Services Inc. bought a new stake in Advanced Energy Industries during the fourth quarter valued at $25,000. Bayforest Capital Ltd bought a new position in Advanced Energy Industries in the 4th quarter worth about $29,000. Whittier Trust Co. of Nevada Inc. bought a new position in Advanced Energy Industries in the 1st quarter worth about $29,000. Twin Tree Management LP bought a new position in Advanced Energy Industries in the 4th quarter worth about $32,000. Finally, Danske Bank A S purchased a new stake in shares of Advanced Energy Industries in the 3rd quarter valued at about $34,000. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

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.