Connor Clark & Lunn Investment Management Ltd. Takes $36.53 Million Position in Advanced Energy Industries, Inc. $AEIS

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 97,958 shares of the electronics maker’s stock, valued at approximately $36,526,000.

Other hedge funds also recently bought and sold shares of the company. Kemnay Advisory Services Inc. purchased a new stake in Advanced Energy Industries in the fourth quarter worth approximately $25,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Advanced Energy Industries during the second quarter worth approximately $27,000. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of Advanced Energy Industries in the 1st quarter worth approximately $29,000. Twin Tree Management LP bought a new stake in shares of Advanced Energy Industries in the 4th quarter worth approximately $32,000. Finally, Danske Bank A S purchased a new stake in shares of Advanced Energy Industries in the 3rd quarter valued at $34,000. Institutional investors own 99.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on AEIS. Seaport Research Partners upgraded shares of Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 target price on the stock in a research report on Tuesday, August 4th. Wall Street Zen upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Susquehanna raised their price objective on Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a research note on Tuesday, June 30th. Bank of America raised their price target on Advanced Energy Industries from $430.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $400.00 price target on shares of Advanced Energy Industries in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $409.50.

Advanced Energy Industries Stock Performance

Shares of NASDAQ:AEIS opened at $274.67 on Tuesday. The company has a market cap of $11.00 billion, a price-to-earnings ratio of 51.24 and a beta of 1.29. The company has a 50-day moving average price of $318.75 and a 200-day moving average price of $326.92. The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78. Advanced Energy Industries, Inc. has a 12 month low of $144.09 and a 12 month high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last posted 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. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The company had revenue of $574.10 million for the quarter, compared to analysts’ expectations of $544.41 million. During the same period last year, the firm earned $1.50 earnings per share. Advanced Energy Industries’s quarterly revenue was up 30.0% on a year-over-year basis. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. As a group, equities analysts anticipate that Advanced Energy Industries, Inc. will post 9.18 EPS for the current year.

Advanced Energy Industries Announces Dividend

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

Insider Activity

In other news, EVP Elizabeth Karpinski Vonne sold 908 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $332.68, for a total transaction of $302,073.44. Following the sale, the executive vice president owned 10,712 shares in the company, valued at approximately $3,563,668.16. The trade was a 7.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Eduardo Bernal Acebedo sold 24,771 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $315.48, for a total value of $7,814,755.08. Following the completion of the sale, the chief operating officer directly owned 23,109 shares in the company, valued at $7,290,427.32. This trade represents a 51.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.30% of the company’s stock.

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.