Advanced Energy Industries (NASDAQ:AEIS) Sets New 12-Month High on Analyst Upgrade

Advanced Energy Industries, Inc. (NASDAQ:AEIS)’s share price reached a new 52-week high on Wednesday after Wells Fargo & Company raised their price target on the stock from $300.00 to $340.00. Wells Fargo & Company currently has an equal weight rating on the stock. Advanced Energy Industries traded as high as $368.61 and last traded at $364.4910, with a volume of 75158 shares traded. The stock had previously closed at $339.32.

A number of other analysts have also weighed in on AEIS. Citigroup increased their price objective on shares of Advanced Energy Industries from $330.00 to $385.00 and gave the stock a “buy” rating in a research report on Friday, March 20th. Stifel Nicolaus increased their price objective on shares of Advanced Energy Industries from $310.00 to $325.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. TD Cowen reiterated a “hold” rating on shares of Advanced Energy Industries in a report on Wednesday, February 11th. KeyCorp lifted their price objective on shares of Advanced Energy Industries from $330.00 to $375.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Finally, Susquehanna lifted their price objective on shares of Advanced Energy Industries from $300.00 to $375.00 and gave the company a “positive” rating in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $322.50.

Insider Buying and Selling at Advanced Energy Industries

In other news, Director Lanesha Minnix sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $316.62, for a total transaction of $316,620.00. Following the transaction, the director directly owned 4,585 shares of the company’s stock, valued at approximately $1,451,702.70. This trade represents a 17.91% 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 Elizabeth Karpinski Vonne sold 964 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $328.42, for a total transaction of $316,596.88. Following the transaction, the executive vice president directly owned 11,683 shares in the company, valued at approximately $3,836,930.86. This trade represents a 7.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 57,512 shares of company stock valued at $18,210,172. 1.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Advanced Energy Industries

Institutional investors have recently bought and sold shares of the business. Lisanti Capital Growth LLC purchased a new position in Advanced Energy Industries during the third quarter valued at approximately $3,464,000. Tributary Capital Management LLC increased its holdings in Advanced Energy Industries by 92.5% during the third quarter. Tributary Capital Management LLC now owns 344,654 shares of the electronics maker’s stock valued at $58,639,000 after buying an additional 165,655 shares during the period. Congress Asset Management Co. purchased a new position in Advanced Energy Industries during the fourth quarter valued at approximately $47,502,000. Elevation Point Wealth Partners LLC increased its holdings in Advanced Energy Industries by 595.2% during the third quarter. Elevation Point Wealth Partners LLC now owns 5,068 shares of the electronics maker’s stock valued at $862,000 after buying an additional 4,339 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in Advanced Energy Industries by 6.8% during the third quarter. Envestnet Asset Management Inc. now owns 262,517 shares of the electronics maker’s stock valued at $44,665,000 after buying an additional 16,607 shares during the period. 99.67% of the stock is owned by hedge funds and other institutional investors.

Advanced Energy Industries Price Performance

The company has a market capitalization of $13.50 billion, a PE ratio of 93.51, a price-to-earnings-growth ratio of 2.43 and a beta of 1.35. The company’s fifty day moving average is $310.76 and its 200-day moving average is $244.87.

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

Advanced Energy Industries Dividend Announcement

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

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.