Frank Rimerman Advisors LLC Makes New $628,000 Investment in Advanced Energy Industries, Inc. $AEIS

Frank Rimerman Advisors LLC acquired a new position in Advanced Energy Industries, Inc. (NASDAQ:AEIS) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,945 shares of the electronics maker’s stock, valued at approximately $628,000.

A number of other institutional investors also recently made changes to their positions in the business. Geode Capital Management LLC lifted its stake in Advanced Energy Industries by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 956,979 shares of the electronics maker’s stock worth $200,393,000 after purchasing an additional 28,549 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Advanced Energy Industries by 2.2% during the second quarter. Bank of America Corp DE now owns 946,649 shares of the electronics maker’s stock valued at $125,431,000 after buying an additional 20,573 shares during the last quarter. Norges Bank bought a new position in shares of Advanced Energy Industries during the fourth quarter valued at about $123,403,000. Franklin Resources Inc. increased its holdings in shares of Advanced Energy Industries by 55.4% in the fourth quarter. Franklin Resources Inc. now owns 487,494 shares of the electronics maker’s stock worth $102,067,000 after buying an additional 173,836 shares during the period. Finally, Analog Century Management LP bought a new stake in shares of Advanced Energy Industries in the 3rd quarter valued at about $79,507,000. Hedge funds and other 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 business’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $369.40, for a total transaction of $356,840.40. Following the transaction, the executive vice president directly owned 11,616 shares of the company’s stock, valued at approximately $4,290,950.40. The trade was a 7.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.30% of the company’s stock.

Advanced Energy Industries Price Performance

AEIS opened at $309.27 on Friday. Advanced Energy Industries, Inc. has a one year low of $128.40 and a one year high of $397.44. The business has a 50 day simple moving average of $335.43 and a two-hundred day simple moving average of $311.98. The firm has a market capitalization of $11.76 billion, a price-to-earnings ratio of 65.11, a PEG ratio of 1.26 and a beta of 1.25.

Advanced Energy Industries (NASDAQ:AEIS) last issued its quarterly earnings data 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 return on equity of 17.99% and a net margin of 10.00%.The firm had revenue of $511.00 million for the quarter, compared to analyst estimates of $505.81 million. During the same period last year, the company earned $1.23 EPS. The business’s quarterly 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. As a group, sell-side analysts expect that Advanced Energy Industries, Inc. will post 7.72 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on AEIS. Wells Fargo & Company upgraded Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $345.00 to $465.00 in a report on Wednesday, July 1st. Needham & Company LLC lifted their price target on Advanced Energy Industries from $330.00 to $400.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Weiss Ratings downgraded Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. Robert W. Baird increased their price objective on Advanced Energy Industries from $360.00 to $380.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Finally, TD Cowen raised their target price on shares of Advanced Energy Industries from $300.00 to $350.00 and gave the stock a “hold” rating in a report on Tuesday, May 5th. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Advanced Energy Industries currently has a consensus rating of “Moderate Buy” and an average price target of $400.45.

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.