Legacy Wealth Asset Management LLC Invests $336,000 in Advanced Energy Industries, Inc. $AEIS

Legacy Wealth Asset Management LLC bought a new stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,604 shares of the electronics maker’s stock, valued at approximately $336,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AEIS. Bank of America Corp DE lifted its position in Advanced Energy Industries by 2.2% during the 2nd quarter. Bank of America Corp DE now owns 946,649 shares of the electronics maker’s stock worth $125,431,000 after buying an additional 20,573 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Advanced Energy Industries by 18.3% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 719,867 shares of the electronics maker’s stock valued at $122,478,000 after acquiring an additional 111,467 shares in the last quarter. GW&K Investment Management LLC increased its position in shares of Advanced Energy Industries by 51.5% in the third quarter. GW&K Investment Management LLC now owns 699,780 shares of the electronics maker’s stock valued at $119,062,000 after acquiring an additional 237,895 shares during the last quarter. Analog Century Management LP acquired a new stake in shares of Advanced Energy Industries in the third quarter valued at about $79,507,000. Finally, Norges Bank bought a new stake in Advanced Energy Industries during the second quarter worth about $58,766,000. 99.67% of the stock is currently owned by institutional investors and hedge funds.

Advanced Energy Industries Trading Down 3.8%

Advanced Energy Industries stock opened at $342.87 on Thursday. The company has a market capitalization of $12.98 billion, a price-to-earnings ratio of 89.76, a PEG ratio of 2.61 and a beta of 1.35. Advanced Energy Industries, Inc. has a 12 month low of $75.01 and a 12 month high of $360.00. The stock’s 50 day moving average is $299.40 and its 200-day moving average is $233.97.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings results on Tuesday, February 10th. The electronics maker reported $1.94 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.18. The business had revenue of $489.40 million during the quarter, compared to analysts’ expectations of $473.12 million. Advanced Energy Industries had a return on equity of 15.72% and a net margin of 8.25%.The firm’s revenue for the quarter was up 17.8% compared to the same quarter last year. During the same period last year, the firm posted $1.30 EPS. Advanced Energy Industries has set its Q1 2026 guidance at 1.690-2.190 EPS. As a group, equities research analysts predict that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, February 23rd were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. Advanced Energy Industries’s dividend payout ratio (DPR) is currently 10.47%.

Insider Buying and Selling

In other news, CEO Stephen Douglas Kelley sold 50,000 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $316.62, for a total value of $15,831,000.00. Following the completion of the sale, the chief executive officer owned 80,376 shares of the company’s stock, valued at approximately $25,448,649.12. The trade was a 38.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Paul R. Oldham sold 4,314 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $315.99, for a total transaction of $1,363,180.86. Following the completion of the transaction, the executive vice president owned 22,217 shares in the company, valued at $7,020,349.83. This trade represents a 16.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 57,512 shares of company stock valued at $18,210,172 in the last 90 days. 1.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on AEIS shares. Wells Fargo & Company increased their price target on Advanced Energy Industries from $225.00 to $300.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 11th. Zacks Research raised Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th. Susquehanna increased their price objective on Advanced Energy Industries from $300.00 to $375.00 and gave the company a “positive” rating in a report on Wednesday, February 11th. Citigroup increased their price objective on Advanced Energy Industries from $330.00 to $385.00 and gave the company a “buy” rating in a report on Friday, March 20th. Finally, Needham & Company LLC raised their target price on shares of Advanced Energy Industries from $290.00 to $330.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $314.00.

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.