Baird Financial Group Inc. grew its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) by 42.0% during the first quarter, Holdings Channel reports. The institutional investor owned 2,681 shares of the electronics maker’s stock after purchasing an additional 793 shares during the quarter. Baird Financial Group Inc.’s holdings in Advanced Energy Industries were worth $256,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Advanced Energy Industries during the first quarter worth about $31,000. Public Employees Retirement System of Ohio bought a new position in shares of Advanced Energy Industries during the fourth quarter valued at approximately $47,000. Russell Investments Group Ltd. increased its stake in shares of Advanced Energy Industries by 26.0% during the first quarter. Russell Investments Group Ltd. now owns 446 shares of the electronics maker’s stock valued at $43,000 after purchasing an additional 92 shares in the last quarter. Fifth Third Bancorp increased its stake in shares of Advanced Energy Industries by 71.5% during the first quarter. Fifth Third Bancorp now owns 559 shares of the electronics maker’s stock valued at $53,000 after purchasing an additional 233 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale bought a new stake in shares of Advanced Energy Industries during the first quarter valued at approximately $78,000. 99.67% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities research analysts have commented on AEIS shares. Benchmark lifted their target price on shares of Advanced Energy Industries from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Zacks Research upgraded shares of Advanced Energy Industries to a “hold” rating in a research note on Tuesday, August 12th. Wells Fargo & Company lifted their price target on shares of Advanced Energy Industries from $110.00 to $130.00 and gave the company an “equal weight” rating in a report on Friday, June 27th. Wall Street Zen upgraded shares of Advanced Energy Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 9th. Finally, Needham & Company LLC upped their price target on shares of Advanced Energy Industries from $135.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Advanced Energy Industries currently has a consensus rating of “Moderate Buy” and an average price target of $140.90.
Advanced Energy Industries Trading Up 1.4%
NASDAQ:AEIS opened at $159.52 on Friday. Advanced Energy Industries, Inc. has a 52 week low of $75.01 and a 52 week high of $163.07. The firm has a 50 day moving average of $146.97 and a 200 day moving average of $122.56. The company has a quick ratio of 2.97, a current ratio of 4.09 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $6.02 billion, a price-to-earnings ratio of 72.18, a PEG ratio of 1.25 and a beta of 1.57.
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last posted its earnings results on Tuesday, August 5th. The electronics maker reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.22. Advanced Energy Industries had a net margin of 5.13% and a return on equity of 12.38%. The company had revenue of $441.50 million during the quarter, compared to analysts’ expectations of $421.32 million. During the same quarter in the prior year, the company posted $0.85 earnings per share. Advanced Energy Industries’s revenue for the quarter was up 21.0% compared to the same quarter last year. Advanced Energy Industries has set its Q3 2025 guidance at 1.200-1.700 EPS. As a group, sell-side analysts anticipate that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current fiscal year.
Advanced Energy Industries Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Monday, August 25th were issued a $0.10 dividend. The ex-dividend date of this dividend was Monday, August 25th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. Advanced Energy Industries’s dividend payout ratio (DPR) is currently 18.10%.
Insiders Place Their Bets
In other news, EVP Paul R. Oldham sold 1,173 shares of the stock in a transaction on Friday, June 20th. The shares were sold at an average price of $131.29, for a total value of $154,003.17. Following the sale, the executive vice president owned 31,006 shares in the company, valued at $4,070,777.74. This represents a 3.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John Donaghey sold 1,000 shares of the firm’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $160.73, for a total transaction of $160,730.00. Following the sale, the executive vice president owned 10,029 shares in the company, valued at approximately $1,611,961.17. This represents a 9.07% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,173 shares of company stock worth $594,733 in the last quarter. Company insiders own 1.20% of the company’s stock.
About Advanced Energy Industries
Advanced Energy Industries, Inc provides precision power conversion, measurement, and control solutions in the United States and internationally. The company's plasma power products offer solutions to enable innovation for semiconductor and thin film plasma processes, such as dry etch and deposition.
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