Advanced Energy Industries, Inc. $AEIS Holdings Reduced by New York State Teachers Retirement System

New York State Teachers Retirement System lowered its position in Advanced Energy Industries, Inc. (NASDAQ:AEISFree Report) by 29.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 40,172 shares of the electronics maker’s stock after selling 16,900 shares during the quarter. New York State Teachers Retirement System’s holdings in Advanced Energy Industries were worth $12,964,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Sierra Summit Advisors LLC acquired a new position in shares of Advanced Energy Industries during the first quarter worth approximately $894,000. Elevation Point Wealth Partners LLC raised its stake in Advanced Energy Industries by 29.7% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 6,370 shares of the electronics maker’s stock valued at $2,056,000 after acquiring an additional 1,457 shares in the last quarter. Root Financial Partners LLC raised its stake in Advanced Energy Industries by 33.3% during the 1st quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker’s stock valued at $35,000 after acquiring an additional 27 shares in the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new position in Advanced Energy Industries during the 1st quarter worth $352,000. Finally, Fort Washington Investment Advisors Inc. OH grew its stake in shares of Advanced Energy Industries by 5.4% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 89,732 shares of the electronics maker’s stock worth $28,957,000 after purchasing an additional 4,570 shares in the last quarter. Institutional investors own 99.67% of the company’s stock.

Insider Transactions at Advanced Energy Industries

In other Advanced Energy Industries news, EVP Elizabeth Karpinski Vonne sold 966 shares of the firm’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $369.40, for a total transaction of $356,840.40. Following the completion of the sale, the executive vice president directly owned 11,616 shares in the company, valued at approximately $4,290,950.40. This trade represents a 7.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on AEIS shares. Needham & Company LLC raised their price target on Advanced Energy Industries from $330.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Susquehanna upped their price objective on shares of Advanced Energy Industries from $430.00 to $535.00 and gave the stock a “positive” rating in a report on Tuesday, June 30th. Robert W. Baird boosted their price target on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Zacks Research lowered shares of Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 30th. Finally, Citigroup increased their price objective on shares of Advanced Energy Industries from $385.00 to $410.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Advanced Energy Industries currently has a consensus rating of “Moderate Buy” and an average target price of $400.45.

View Our Latest Analysis on AEIS

Advanced Energy Industries Price Performance

AEIS stock opened at $311.27 on Monday. The company’s 50 day simple moving average is $341.89 and its 200-day simple moving average is $309.47. Advanced Energy Industries, Inc. has a 52-week low of $128.40 and a 52-week high of $397.44. The firm has a market capitalization of $11.84 billion, a P/E ratio of 65.53, a P/E/G ratio of 1.34 and a beta of 1.25.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last announced its earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.12. The company had revenue of $511.00 million for the quarter, compared to the consensus estimate of $505.81 million. Advanced Energy Industries had a net margin of 10.00% and a return on equity of 17.99%. The company’s revenue was up 26.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.23 EPS. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Sell-side analysts predict that Advanced Energy Industries, Inc. will post 7.72 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

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

Advanced Energy Industries Profile

(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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