Advanced Energy Industries (NASDAQ:AEIS) Downgraded by Zacks Research to “Hold”

Advanced Energy Industries (NASDAQ:AEISGet Free Report) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

AEIS has been the subject of several other research reports. Wall Street Zen upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Susquehanna lifted their target price on Advanced Energy Industries from $430.00 to $535.00 and gave the stock a “positive” rating in a research report on Tuesday. Bank of America upped their target price on Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Weiss Ratings downgraded Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 29th. Finally, Citigroup lifted their price target on Advanced Energy Industries from $385.00 to $410.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $400.45.

View Our Latest Research Report on Advanced Energy Industries

Advanced Energy Industries Stock Performance

NASDAQ:AEIS opened at $356.35 on Tuesday. Advanced Energy Industries has a 1 year low of $128.40 and a 1 year high of $397.44. The stock has a market cap of $13.55 billion, a P/E ratio of 75.02, a P/E/G ratio of 1.60 and a beta of 1.25. The stock has a 50-day simple moving average of $344.69 and a 200-day simple moving average of $308.13.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last posted its earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share for the quarter, topping 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 firm had revenue of $511.00 million during the quarter, compared to analysts’ expectations of $505.81 million. During the same quarter in the previous year, the business earned $1.23 earnings per share. The firm’s 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. On average, equities research analysts predict that Advanced Energy Industries will post 7.72 EPS for the current year.

Insider Activity at Advanced Energy Industries

In related news, EVP Elizabeth Karpinski Vonne sold 966 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $369.40, for a total value of $356,840.40. Following the sale, the executive vice president owned 11,616 shares in the company, valued at $4,290,950.40. This represents a 7.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Advanced Energy Industries

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC grew its holdings in Advanced Energy Industries by 33.3% in the first quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker’s stock valued at $35,000 after purchasing an additional 27 shares during the last quarter. Basecamp Wealth Advisors LLC raised its stake in shares of Advanced Energy Industries by 16.2% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 222 shares of the electronics maker’s stock worth $72,000 after buying an additional 31 shares during the last quarter. Allworth Financial LP boosted its position in shares of Advanced Energy Industries by 9.2% in the 3rd quarter. Allworth Financial LP now owns 582 shares of the electronics maker’s stock worth $99,000 after buying an additional 49 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its stake in Advanced Energy Industries by 4.5% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 1,191 shares of the electronics maker’s stock valued at $384,000 after acquiring an additional 51 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its stake in Advanced Energy Industries by 40.6% in the 4th quarter. Cullen Frost Bankers Inc. now owns 194 shares of the electronics maker’s stock valued at $41,000 after acquiring an additional 56 shares during the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.

About Advanced Energy Industries

(Get 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.

Further Reading

Analyst Recommendations for Advanced Energy Industries (NASDAQ:AEIS)

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