Meiji Yasuda Asset Management Co Ltd. bought a new stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 18,699 shares of the electronics maker’s stock, valued at approximately $6,972,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Kemnay Advisory Services Inc. bought a new stake in shares of Advanced Energy Industries in the 4th quarter worth approximately $25,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Advanced Energy Industries in the second quarter worth $27,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in Advanced Energy Industries in the first quarter worth $29,000. Twin Tree Management LP bought a new stake in shares of Advanced Energy Industries in the fourth quarter valued at $32,000. Finally, Danske Bank A S purchased a new position in shares of Advanced Energy Industries during the 3rd quarter valued at $34,000. 99.67% of the stock is owned by institutional investors.
Insider Buying and Selling at Advanced Energy Industries
In related news, COO Eduardo Bernal Acebedo sold 24,771 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total value of $7,814,755.08. Following the completion of the transaction, the chief operating officer directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Elizabeth Karpinski Vonne sold 908 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $332.68, for a total value of $302,073.44. Following the completion of the transaction, the executive vice president directly owned 10,712 shares in the company, valued at approximately $3,563,668.16. This represents a 7.81% decrease in their position. The SEC filing for this sale provides additional information. 1.30% of the stock is currently owned by insiders.
Advanced Energy Industries Stock Performance
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 EPS for the quarter, topping the consensus estimate of $2.21 by $0.53. The company had revenue of $574.10 million during the quarter, compared to analyst estimates of $544.41 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.Advanced Energy Industries’s revenue was up 30.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.50 earnings per share. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. As a group, equities analysts predict that Advanced Energy Industries, Inc. will post 9.18 EPS for the current fiscal year.
Advanced Energy Industries Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 24th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, August 24th. Advanced Energy Industries’s payout ratio is currently 7.46%.
Wall Street Analyst Weigh In
Several equities research analysts have commented on AEIS shares. TD Cowen upped their price objective on shares of Advanced Energy Industries from $350.00 to $370.00 and gave the company a “hold” rating in a report on Tuesday, August 4th. Weiss Ratings lowered shares of Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 29th. Morgan Stanley lifted their target price on Advanced Energy Industries from $421.00 to $439.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. KeyCorp raised their price objective on shares of Advanced Energy Industries from $375.00 to $415.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Finally, Wall Street Zen raised shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $409.50.
Read Our Latest Report on AEIS
Advanced Energy Industries Profile
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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