Meiji Yasuda Asset Management Co Ltd. purchased a new position in Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) in the 2nd quarter, Holdings Channel.com reports. The fund purchased 18,699 shares of the electronics maker’s stock, valued at approximately $6,972,000.
Other institutional investors have also added to or reduced their stakes in the company. Kemnay Advisory Services Inc. bought a new position in shares of Advanced Energy Industries during the fourth quarter valued at about $25,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Advanced Energy Industries during the 2nd quarter worth approximately $27,000. Whittier Trust Co. of Nevada Inc. purchased a new position in Advanced Energy Industries in the 1st quarter worth approximately $29,000. Twin Tree Management LP bought a new stake in Advanced Energy Industries in the fourth quarter valued at approximately $32,000. Finally, Danske Bank A S bought a new stake in Advanced Energy Industries in the third quarter valued at approximately $34,000. 99.67% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Advanced Energy Industries
In related news, EVP Elizabeth Karpinski Vonne sold 908 shares of the company’s stock in a transaction 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 sale, the executive vice president directly owned 10,712 shares of the company’s stock, valued at $3,563,668.16. This represents a 7.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Eduardo Bernal Acebedo sold 24,771 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total value of $7,814,755.08. Following the transaction, the chief operating officer directly owned 23,109 shares of the company’s stock, valued at $7,290,427.32. This represents a 51.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.30% of the company’s stock.
Advanced Energy Industries Stock Performance
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last posted its earnings results on Monday, August 3rd. The electronics maker reported $2.74 EPS for the quarter, topping the consensus estimate of $2.21 by $0.53. The firm had revenue of $574.10 million during the quarter, compared to analysts’ expectations of $544.41 million. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The company’s quarterly revenue was up 30.0% compared to the same quarter last year. During the same period last year, the company posted $1.50 EPS. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. As a group, research analysts predict that Advanced Energy Industries, Inc. will post 9.18 EPS for the current year.
Advanced Energy Industries Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 24th will be paid 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 is Monday, August 24th. Advanced Energy Industries’s dividend payout ratio (DPR) is presently 7.46%.
Analyst Ratings Changes
AEIS has been the topic of several recent analyst reports. TD Cowen raised their target price on shares of Advanced Energy Industries from $350.00 to $370.00 and gave the stock a “hold” rating in a report on Tuesday, August 4th. KeyCorp raised their price target on shares of Advanced Energy Industries from $375.00 to $415.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Morgan Stanley boosted their price objective on shares of Advanced Energy Industries from $421.00 to $439.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Wells Fargo & Company raised shares of Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $345.00 to $465.00 in a research note on Wednesday, July 1st. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Advanced Energy Industries in a research note on Tuesday, August 4th. One 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. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $409.50.
Read Our Latest Analysis on Advanced Energy Industries
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.
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