Reinhart Partners LLC. Purchases 13,071 Shares of Advanced Energy Industries, Inc. $AEIS

Reinhart Partners LLC. increased its position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) by 142.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,278 shares of the electronics maker’s stock after purchasing an additional 13,071 shares during the period. Reinhart Partners LLC. owned approximately 0.06% of Advanced Energy Industries worth $6,278,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in AEIS. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Advanced Energy Industries during the 2nd quarter worth approximately $27,000. Whittier Trust Co. of Nevada Inc. bought a new position in Advanced Energy Industries in the 1st quarter valued at $29,000. Root Financial Partners LLC grew its position in Advanced Energy Industries by 33.3% in the 1st quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker’s stock valued at $35,000 after acquiring an additional 27 shares during the last quarter. Meeder Asset Management Inc. purchased a new stake in Advanced Energy Industries in the second quarter worth $42,000. Finally, GHP Investment Advisors Inc. purchased a new stake in Advanced Energy Industries in the first quarter worth $40,000. 99.67% of the stock is currently owned by institutional investors.

Insider Activity

In other Advanced Energy Industries news, EVP Elizabeth Vonne sold 908 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $332.68, for a total transaction of $302,073.44. Following the transaction, the executive vice president owned 10,712 shares in the company, valued at approximately $3,563,668.16. This represents a 7.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Eduardo 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 completion of the transaction, the chief operating officer directly owned 23,109 shares of the company’s stock, valued at approximately $7,290,427.32. This represents a 51.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 27,218 shares of company stock worth $8,562,008. Corporate insiders own 1.30% of the company’s stock.

Advanced Energy Industries Price Performance

NASDAQ AEIS opened at $288.66 on Friday. The firm’s fifty day simple moving average is $290.42 and its two-hundred day simple moving average is $318.85. The firm has a market capitalization of $11.56 billion, a P/E ratio of 53.85 and a beta of 1.31. The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78. Advanced Energy Industries, Inc. has a 12-month low of $169.35 and a 12-month high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, topping 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 firm had revenue of $574.10 million during the quarter, compared to analysts’ expectations of $544.41 million. During the same quarter last year, the firm earned $1.50 EPS. The business’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. Analysts forecast that Advanced Energy Industries, Inc. will post 9.53 EPS for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Monday, August 24th were paid a dividend of $0.10 per share. The ex-dividend date was Monday, August 24th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. Advanced Energy Industries’s payout ratio is presently 7.46%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on AEIS. Morgan Stanley boosted their price objective on shares of Advanced Energy Industries from $421.00 to $439.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Advanced Energy Industries in a research report on Wednesday, August 26th. Seaport Research Partners raised shares of Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 price target for the company in a research note on Tuesday, August 4th. Needham & Company LLC reiterated a “buy” rating and issued a $400.00 price target on shares of Advanced Energy Industries in a report on Tuesday, August 4th. Finally, Susquehanna increased their price objective on Advanced Energy Industries from $430.00 to $535.00 and gave the stock a “positive” rating in a research note on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $409.50.

Check Out Our Latest Report on Advanced Energy Industries

About Advanced Energy Industries

(Free Report)

Advanced Energy Industries, Inc (NASDAQ: AEIS) designs and manufactures precision power-conversion, measurement and control technologies. Its products help customers generate, convert, deliver and manage electrical power with high levels of efficiency, reliability and accuracy.

The company’s offerings include AC-DC and DC-DC power supplies, high-voltage power systems, radio-frequency power products, power-control equipment and precision measurement instruments. These products are used in semiconductor and electronics manufacturing equipment, industrial and medical applications, telecommunications, data centers, renewable energy systems and other demanding environments.

Founded in 1981, Advanced Energy serves a global customer base through operations and sales activities across North America, Europe and Asia.

See Also

Institutional Ownership by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

Receive News & Ratings for Advanced Energy Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Energy Industries and related companies with MarketBeat.com's FREE daily email newsletter.