Jefferies Financial Group Inc. acquired a new stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) in the 4th quarter, Holdings Channel.com reports. The fund acquired 7,650 shares of the electronics maker’s stock, valued at approximately $1,602,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Azzad Asset Management Inc. ADV increased its stake in shares of Advanced Energy Industries by 0.4% in the third quarter. Azzad Asset Management Inc. ADV now owns 10,720 shares of the electronics maker’s stock valued at $1,824,000 after buying an additional 45 shares during the period. Allworth Financial LP grew its stake in shares of Advanced Energy Industries by 9.2% in the third quarter. Allworth Financial LP now owns 582 shares of the electronics maker’s stock worth $99,000 after purchasing an additional 49 shares during the last quarter. Cullen Frost Bankers Inc. grew its stake in shares of Advanced Energy Industries by 40.6% in the fourth quarter. Cullen Frost Bankers Inc. now owns 194 shares of the electronics maker’s stock worth $41,000 after purchasing an additional 56 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Advanced Energy Industries by 19.9% in the third quarter. EverSource Wealth Advisors LLC now owns 374 shares of the electronics maker’s stock worth $64,000 after purchasing an additional 62 shares during the last quarter. Finally, Huntington National Bank grew its stake in shares of Advanced Energy Industries by 14.4% in the third quarter. Huntington National Bank now owns 541 shares of the electronics maker’s stock worth $92,000 after purchasing an additional 68 shares during the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on AEIS. Zacks Research raised shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 8th. Needham & Company LLC boosted their price objective on shares of Advanced Energy Industries from $330.00 to $400.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. TD Cowen lifted their price objective on Advanced Energy Industries from $300.00 to $350.00 and gave the stock a “hold” rating in a research note on Tuesday, May 5th. Citigroup lifted their price objective on Advanced Energy Industries from $385.00 to $410.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Finally, Robert W. Baird lifted their price objective on Advanced Energy Industries from $360.00 to $380.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $358.00.
Insiders Place Their Bets
In related news, Director Brian Shirley sold 1,234 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $310.19, for a total transaction of $382,774.46. Following the completion of the sale, the director owned 5,584 shares of the company’s stock, valued at $1,732,100.96. This trade represents a 18.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Elizabeth Karpinski Vonne sold 966 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $369.40, for a total value of $356,840.40. Following the sale, the executive vice president directly owned 11,616 shares of the company’s stock, valued at $4,290,950.40. This represents a 7.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 56,514 shares of company stock worth $17,933,796. Company insiders own 1.30% of the company’s stock.
Advanced Energy Industries Stock Down 3.3%
Shares of NASDAQ AEIS opened at $328.34 on Thursday. Advanced Energy Industries, Inc. has a twelve month low of $112.68 and a twelve month high of $397.44. The firm has a fifty day simple moving average of $346.55 and a 200 day simple moving average of $285.10. The company has a market capitalization of $12.49 billion, a PE ratio of 69.12, a P/E/G ratio of 1.48 and a beta of 1.40.
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last announced its earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.97 by $0.12. Advanced Energy Industries had a net margin of 10.00% and a return on equity of 17.99%. The business had revenue of $511.00 million during the quarter, compared to the consensus estimate of $505.81 million. During the same quarter last year, the firm earned $1.23 earnings per share. Advanced Energy Industries’s quarterly revenue was up 26.3% on a year-over-year basis. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. As a group, equities analysts expect that Advanced Energy Industries, Inc. will post 7.65 earnings per share for the current fiscal year.
Advanced Energy Industries Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Monday, May 25th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $0.40 annualized dividend and a yield of 0.1%. Advanced Energy Industries’s dividend payout ratio (DPR) is currently 8.42%.
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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