Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) had its target price raised by stock analysts at Bank of America from $430.00 to $450.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the electronics maker’s stock. Bank of America‘s price target would indicate a potential upside of 15.91% from the stock’s previous close.
AEIS has been the subject of several other research reports. Wells Fargo & Company increased their price target on shares of Advanced Energy Industries from $340.00 to $345.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. TD Cowen boosted their target price on shares of Advanced Energy Industries from $300.00 to $350.00 and gave the company a “hold” rating in a research note on Tuesday, May 5th. Zacks Research raised shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 8th. Susquehanna raised their price target on shares of Advanced Energy Industries from $375.00 to $430.00 and gave the stock a “positive” rating in a research note on Tuesday, May 5th. Finally, Cantor Fitzgerald initiated coverage on shares of Advanced Energy Industries in a report on Thursday, June 11th. They issued an “overweight” rating and a $400.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Advanced Energy Industries has an average rating of “Moderate Buy” and a consensus price target of $375.45.
Get Our Latest Stock Analysis on AEIS
Advanced Energy Industries Price Performance
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The electronics maker reported $2.09 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $511.00 million for the quarter, compared to analysts’ expectations of $505.81 million. During the same period last year, the business earned $1.23 EPS. The business’s 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, analysts expect that Advanced Energy Industries will post 7.72 EPS for the current year.
Insider Buying and Selling
In other news, EVP Elizabeth Karpinski Vonne sold 966 shares of Advanced Energy Industries 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 completion of the sale, 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.30% of the stock is currently owned by corporate insiders.
Institutional Trading of Advanced Energy Industries
Hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC lifted its stake in shares of Advanced Energy Industries by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 956,979 shares of the electronics maker’s stock valued at $200,393,000 after acquiring an additional 28,549 shares during the last quarter. Bank of America Corp DE increased its stake in Advanced Energy Industries by 2.2% in the 2nd quarter. Bank of America Corp DE now owns 946,649 shares of the electronics maker’s stock worth $125,431,000 after purchasing an additional 20,573 shares during the period. GW&K Investment Management LLC lifted its position in 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 purchasing an additional 237,895 shares during the last quarter. Norges Bank purchased a new stake in shares of Advanced Energy Industries during the fourth quarter valued at approximately $123,403,000. Finally, Franklin Resources Inc. boosted its stake in shares of Advanced Energy Industries by 55.4% during the fourth quarter. Franklin Resources Inc. now owns 487,494 shares of the electronics maker’s stock valued at $102,067,000 after purchasing an additional 173,836 shares during the period. 99.67% of the stock is owned by institutional investors.
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.
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