Peregrine Capital Management LLC Reduces Stake in Advanced Energy Industries, Inc. $AEIS

Peregrine Capital Management LLC lowered its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 20.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 61,641 shares of the electronics maker’s stock after selling 15,682 shares during the period. Advanced Energy Industries comprises about 0.7% of Peregrine Capital Management LLC’s investment portfolio, making the stock its 25th biggest holding. Peregrine Capital Management LLC’s holdings in Advanced Energy Industries were worth $19,892,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of AEIS. Allworth Financial LP lifted its holdings in Advanced Energy Industries by 9.2% in the third quarter. Allworth Financial LP now owns 582 shares of the electronics maker’s stock valued at $99,000 after acquiring an additional 49 shares during the period. Fifth Third Wealth Advisors LLC grew its stake in shares of Advanced Energy Industries by 4.5% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 1,191 shares of the electronics maker’s stock valued at $384,000 after purchasing an additional 51 shares during the period. Cullen Frost Bankers Inc. increased its position in shares of Advanced Energy Industries by 40.6% during the 4th quarter. Cullen Frost Bankers Inc. now owns 194 shares of the electronics maker’s stock valued at $41,000 after purchasing an additional 56 shares during the last quarter. CIBC Private Wealth Group LLC increased its position in shares of Advanced Energy Industries by 6.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 906 shares of the electronics maker’s stock valued at $190,000 after purchasing an additional 58 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Advanced Energy Industries by 19.9% in the 3rd 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 period. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Advanced Energy Industries Trading Up 7.1%

Shares of NASDAQ:AEIS opened at $372.87 on Wednesday. The stock has a 50 day moving average of $345.16 and a 200 day moving average of $307.19. The company has a market cap of $14.18 billion, a PE ratio of 78.50, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30. Advanced Energy Industries, Inc. has a 12-month low of $128.40 and a 12-month high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last released its earnings results on Monday, May 4th. The electronics maker reported $2.09 EPS 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 company had revenue of $511.00 million for the quarter, compared to analysts’ expectations of $505.81 million. During the same quarter last year, the business earned $1.23 EPS. The firm’s revenue was up 26.3% compared to the same quarter last year. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Equities research analysts predict that Advanced Energy Industries, Inc. will post 7.72 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Monday, May 25th were paid a dividend of $0.10 per share. The ex-dividend date was Friday, May 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. Advanced Energy Industries’s payout ratio is 8.42%.

Insider Buying and Selling at Advanced Energy Industries

In related news, EVP Elizabeth Karpinski Vonne sold 966 shares of the company’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $369.40, for a total value of $356,840.40. Following the completion of the transaction, the executive vice president owned 11,616 shares of the company’s stock, valued at approximately $4,290,950.40. This represents a 7.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

AEIS has been the topic of a number of research reports. Robert W. Baird raised their price objective on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Wells Fargo & Company increased their price target on shares of Advanced Energy Industries from $340.00 to $345.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. Wall Street Zen upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday. Bank of America boosted their price objective on shares of Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Finally, Zacks Research upgraded Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $389.55.

Advanced Energy Industries Company 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.