Visionary Wealth Advisors Takes $4.29 Million Position in Advanced Energy Industries, Inc. $AEIS

Visionary Wealth Advisors bought a new stake in Advanced Energy Industries, Inc. (NASDAQ:AEISFree Report) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 11,507 shares of the electronics maker’s stock, valued at approximately $4,291,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kemnay Advisory Services Inc. purchased a new stake in Advanced Energy Industries during the 4th quarter valued at about $25,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Advanced Energy Industries in the second quarter worth about $27,000. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of Advanced Energy Industries in the first quarter worth about $29,000. Twin Tree Management LP acquired a new stake in shares of Advanced Energy Industries during the fourth quarter worth about $32,000. Finally, Danske Bank A S acquired a new stake in shares of Advanced Energy Industries during the third quarter worth about $34,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Wall Street Analyst Weigh In

AEIS has been the topic of several research reports. 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. KeyCorp lifted their price objective on shares of Advanced Energy Industries from $375.00 to $415.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Zacks Research raised shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. TD Cowen increased their price objective on shares of Advanced Energy Industries from $350.00 to $370.00 and gave the stock a “hold” rating in a research note on Tuesday, August 4th. Finally, Morgan Stanley raised their target price on shares of Advanced Energy Industries from $421.00 to $439.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Advanced Energy Industries currently has an average rating of “Moderate Buy” and a consensus target price of $409.50.

Get Our Latest Stock Report on Advanced Energy Industries

Insider Buying and Selling at Advanced Energy Industries

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

Advanced Energy Industries Stock Down 3.9%

Shares of AEIS stock opened at $274.67 on Tuesday. The stock has a 50 day moving average of $318.75 and a 200 day moving average 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. The stock has a market cap of $11.00 billion, a P/E ratio of 51.24 and a beta of 1.29. Advanced Energy Industries, Inc. has a twelve month low of $144.09 and a twelve month high of $397.44.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last released its quarterly earnings data 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 business had revenue of $574.10 million for the quarter, compared to analyst estimates of $544.41 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The business’s quarterly revenue was up 30.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.50 EPS. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. As a group, sell-side analysts expect that Advanced Energy Industries, Inc. will post 9.18 EPS for the current year.

Advanced Energy Industries Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.40 dividend on an annualized basis and a yield of 0.1%. Advanced Energy Industries’s dividend payout ratio is 7.46%.

About Advanced Energy Industries

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

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