Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) was upgraded by equities research analysts at Cantor Fitzgerald to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.
A number of other analysts also recently commented on AEIS. Weiss Ratings downgraded shares of Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 29th. Robert W. Baird boosted their price objective on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Stifel Nicolaus upped their price target on shares of Advanced Energy Industries from $310.00 to $325.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Zacks Research raised shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, May 8th. Finally, Wall Street Zen raised shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $361.82.
Read Our Latest Report on AEIS
Advanced Energy Industries Trading Up 10.5%
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last released its quarterly earnings data on Monday, May 4th. The electronics maker reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.12. The firm had revenue of $511.00 million for the quarter, compared to the consensus estimate of $505.81 million. Advanced Energy Industries had a net margin of 10.00% and a return on equity of 17.99%. The firm’s revenue was up 26.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.23 earnings per share. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. On average, equities research analysts expect that Advanced Energy Industries will post 7.65 earnings per share for the current year.
Insider Buying and Selling
In other news, EVP Elizabeth Karpinski Vonne sold 966 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $369.40, for a total value of $356,840.40. Following the completion of the transaction, the executive vice president owned 11,616 shares of the company’s stock, valued at $4,290,950.40. The trade was a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Paul R. Oldham sold 4,314 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $315.99, for a total transaction of $1,363,180.86. Following the completion of the transaction, the executive vice president directly owned 22,217 shares of the company’s stock, valued at approximately $7,020,349.83. This represents a 16.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.30% of the company’s stock.
Hedge Funds Weigh In On Advanced Energy Industries
A number of institutional investors have recently modified their holdings of AEIS. Norges Bank acquired a new position in shares of Advanced Energy Industries in the fourth quarter valued at approximately $123,403,000. Analog Century Management LP acquired a new position in shares of Advanced Energy Industries in the third quarter valued at approximately $79,507,000. Fuller & Thaler Asset Management Inc. raised its position in shares of Advanced Energy Industries by 1,734.1% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 427,674 shares of the electronics maker’s stock valued at $89,542,000 after buying an additional 404,356 shares during the last quarter. Wellington Management Group LLP acquired a new position in shares of Advanced Energy Industries in the third quarter valued at approximately $50,173,000. Finally, GW&K Investment Management LLC increased its position in Advanced Energy Industries by 51.5% during the third quarter. GW&K Investment Management LLC now owns 699,780 shares of the electronics maker’s stock worth $119,062,000 after purchasing an additional 237,895 shares during the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.
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.
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