Cookson Peirce & Co. Inc. Decreases Stake in Advanced Energy Industries, Inc. $AEIS

Cookson Peirce & Co. Inc. trimmed its holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 54.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,459 shares of the electronics maker’s stock after selling 7,609 shares during the period. Cookson Peirce & Co. Inc.’s holdings in Advanced Energy Industries were worth $2,408,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Royal Bank of Canada grew its position in shares of Advanced Energy Industries by 16.5% in the 1st quarter. Royal Bank of Canada now owns 11,155 shares of the electronics maker’s stock worth $1,063,000 after acquiring an additional 1,578 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in Advanced Energy Industries by 47.7% during the 1st quarter. Advisors Asset Management Inc. now owns 539 shares of the electronics maker’s stock valued at $51,000 after purchasing an additional 174 shares during the period. AQR Capital Management LLC bought a new position in Advanced Energy Industries in the 1st quarter worth approximately $468,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Advanced Energy Industries by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,278 shares of the electronics maker’s stock worth $2,123,000 after purchasing an additional 970 shares in the last quarter. Finally, United Services Automobile Association acquired a new position in Advanced Energy Industries during the 1st quarter valued at about $228,000. 99.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Seaport Research Partners upgraded shares of Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 price objective on the stock in a research note on Tuesday, August 4th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Advanced Energy Industries in a research note on Wednesday. Susquehanna lifted their price target on Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a research report on Tuesday, June 30th. Wells Fargo & Company upgraded Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $345.00 to $465.00 in a research report on Wednesday, July 1st. Finally, Zacks Research raised Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $409.50.

Insider Activity at Advanced Energy Industries

In related news, EVP Elizabeth Karpinski Vonne sold 907 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $290.05, for a total transaction of $263,075.35. Following the sale, the executive vice president owned 9,805 shares of the company’s stock, valued at approximately $2,843,940.25. This trade represents a 8.47% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Eduardo Bernal Acebedo sold 24,771 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the sale, the chief operating officer owned 23,109 shares in the company, valued at approximately $7,290,427.32. The trade was a 51.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 26,586 shares of company stock valued at $8,379,904 in the last ninety days. Insiders own 1.30% of the company’s stock.

Advanced Energy Industries Stock Down 5.0%

Shares of AEIS opened at $272.82 on Friday. The company has a 50-day simple moving average of $312.14 and a 200-day simple moving average of $326.96. The firm has a market capitalization of $10.93 billion, a P/E ratio of 50.90 and a beta of 1.29. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.94 and a current ratio of 3.79. Advanced Energy Industries, Inc. has a 52 week low of $144.09 and a 52 week high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.53. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The company had revenue of $574.10 million for the quarter, compared to the consensus estimate of $544.41 million. During the same period in the previous year, the business earned $1.50 earnings per share. The company’s quarterly revenue was up 30.0% on a year-over-year basis. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. On average, equities research analysts expect that Advanced Energy Industries, Inc. will post 9.5 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 24th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.40 annualized dividend and a yield of 0.1%. Advanced Energy Industries’s dividend payout ratio is presently 7.46%.

About Advanced Energy Industries

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.