Artemis Investment Management LLP Reduces Stock Holdings in Advanced Energy Industries, Inc. $AEIS

Artemis Investment Management LLP cut its position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 22.4% during the 3rd quarter, Holdings Channel reports. The firm owned 92,271 shares of the electronics maker’s stock after selling 26,618 shares during the quarter. Artemis Investment Management LLP’s holdings in Advanced Energy Industries were worth $26,004,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PDT Partners LLC bought a new stake in shares of Advanced Energy Industries in the second quarter valued at approximately $23,188,000. Reinhart Partners LLC. purchased a new position in Advanced Energy Industries in the 2nd quarter valued at approximately $3,433,000. Troluce Capital Advisors LLC bought a new stake in Advanced Energy Industries during the 2nd quarter valued at $24,237,000. Pacer Advisors Inc. purchased a new stake in shares of Advanced Energy Industries during the first quarter worth $1,939,000. Finally, B. Metzler seel. Sohn & Co. AG purchased a new stake in shares of Advanced Energy Industries during the second quarter worth $4,643,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Insider Activity

In related news, EVP Elizabeth Vonne sold 908 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $332.68, for a total value of $302,073.44. Following the completion of the sale, the executive vice president owned 10,712 shares in the company, valued at $3,563,668.16. The trade was a 7.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Eduardo Acebedo sold 24,771 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the transaction, the chief operating officer directly owned 23,109 shares in the company, valued at approximately $7,290,427.32. This represents a 51.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 27,218 shares of company stock worth $8,562,008 over the last quarter. Corporate insiders own 1.30% of the company’s stock.

Advanced Energy Industries Price Performance

Shares of NASDAQ:AEIS traded down $8.15 during trading on Thursday, reaching $284.10. The company had a trading volume of 146,989 shares, compared to its average volume of 749,690. The company has a fifty day moving average of $290.22 and a two-hundred day moving average of $319.29. The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $11.38 billion, a P/E ratio of 53.09 and a beta of 1.31. Advanced Energy Industries, Inc. has a 12 month low of $169.35 and a 12 month high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last announced its earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.21 by $0.53. The company had revenue of $574.10 million during the quarter, compared to analyst estimates of $544.41 million. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The firm’s quarterly revenue was up 30.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.50 earnings per share. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Equities research analysts forecast that Advanced Energy Industries, Inc. will post 9.53 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Monday, August 24th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, August 24th. Advanced Energy Industries’s dividend payout ratio is presently 7.46%.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. TD Cowen boosted their price objective on Advanced Energy Industries from $350.00 to $370.00 and gave the company a “hold” rating in a research note on Tuesday, August 4th. Zacks Research raised Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. Bank of America increased their price target on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Wells Fargo & Company raised shares of Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $345.00 to $465.00 in a research note on Wednesday, July 1st. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Advanced Energy Industries in a research note on Wednesday, August 26th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Advanced Energy Industries currently has an average rating of “Moderate Buy” and a consensus target price of $409.50.

Advanced Energy Industries Company Profile

Advanced Energy Industries, Inc (NASDAQ: AEIS) designs and manufactures precision power-conversion, measurement and control technologies. Its products help customers generate, convert, deliver and manage electrical power with high levels of efficiency, reliability and accuracy.

The company’s offerings include AC-DC and DC-DC power supplies, high-voltage power systems, radio-frequency power products, power-control equipment and precision measurement instruments. These products are used in semiconductor and electronics manufacturing equipment, industrial and medical applications, telecommunications, data centers, renewable energy systems and other demanding environments.

Founded in 1981, Advanced Energy serves a global customer base through operations and sales activities across North America, Europe and Asia.