Peregrine Capital Management LLC Sells 6,581 Shares of Advanced Energy Industries, Inc. $AEIS

Peregrine Capital Management LLC trimmed its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 7.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,659 shares of the electronics maker’s stock after selling 6,581 shares during the period. Peregrine Capital Management LLC’s holdings in Advanced Energy Industries were worth $14,574,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Tributary Capital Management LLC raised its stake in shares of Advanced Energy Industries by 92.5% in the third quarter. Tributary Capital Management LLC now owns 344,654 shares of the electronics maker’s stock worth $58,639,000 after buying an additional 165,655 shares during the period. SG Americas Securities LLC bought a new position in shares of Advanced Energy Industries during the 3rd quarter valued at approximately $1,099,000. Park Avenue Securities LLC increased its holdings in Advanced Energy Industries by 25.5% in the 3rd quarter. Park Avenue Securities LLC now owns 6,175 shares of the electronics maker’s stock worth $1,051,000 after acquiring an additional 1,254 shares in the last quarter. Longboard Asset Management LP bought a new stake in Advanced Energy Industries during the 3rd quarter worth approximately $225,000. Finally, D.A. Davidson & CO. lifted its holdings in Advanced Energy Industries by 3.5% during the third quarter. D.A. Davidson & CO. now owns 1,860 shares of the electronics maker’s stock valued at $316,000 after purchasing an additional 63 shares in the last quarter. Institutional investors own 99.67% of the company’s stock.

Advanced Energy Industries Stock Performance

Shares of NASDAQ:AEIS opened at $210.99 on Friday. The firm has a fifty day simple moving average of $212.53 and a two-hundred day simple moving average of $177.05. Advanced Energy Industries, Inc. has a 52 week low of $75.01 and a 52 week high of $232.05. The company has a quick ratio of 3.01, a current ratio of 4.10 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $7.96 billion, a P/E ratio of 55.38, a PEG ratio of 1.08 and a beta of 1.39.

Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings results on Tuesday, November 4th. The electronics maker reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.27. The firm had revenue of $463.30 million during the quarter, compared to the consensus estimate of $441.54 million. Advanced Energy Industries had a net margin of 8.41% and a return on equity of 14.27%. The firm’s revenue for the quarter was up 23.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.98 EPS. Advanced Energy Industries has set its Q4 2025 guidance at 1.500-2.000 EPS. On average, analysts expect that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Monday, November 24th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, November 24th. Advanced Energy Industries’s dividend payout ratio is currently 10.50%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Benchmark raised their price objective on shares of Advanced Energy Industries from $150.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Wells Fargo & Company lifted their price objective on shares of Advanced Energy Industries from $175.00 to $215.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 5th. Citigroup upped their target price on shares of Advanced Energy Industries from $167.00 to $255.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Robert W. Baird set a $190.00 price target on shares of Advanced Energy Industries in a report on Monday, October 27th. Finally, Stifel Nicolaus increased their price objective on shares of Advanced Energy Industries from $210.00 to $230.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $220.00.

Insider Transactions at Advanced Energy Industries

In other Advanced Energy Industries news, EVP Paul R. Oldham sold 8,174 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $203.11, for a total value of $1,660,221.14. Following the sale, the executive vice president directly owned 24,792 shares of the company’s stock, valued at approximately $5,035,503.12. This represents a 24.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Tina Donikowski sold 2,257 shares of Advanced Energy Industries stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $210.33, for a total transaction of $474,714.81. Following the transaction, the director directly owned 8,248 shares of the company’s stock, valued at approximately $1,734,801.84. This trade represents a 21.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.20% of the stock is owned by corporate insiders.

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.