Advanced Energy Industries (NASDAQ:AEIS) Price Target Raised to $290.00

Advanced Energy Industries (NASDAQ:AEIS) had its price objective lifted by Needham & Company LLC from $225.00 to $290.00 in a research report released on Friday morning,Benzinga reports. They currently have a buy rating on the electronics maker’s stock.

A number of other analysts also recently issued reports on AEIS. Wells Fargo & Company lifted their price target on Advanced Energy Industries from $215.00 to $225.00 and gave the stock an “equal weight” rating in a report on Thursday. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Energy Industries in a research report on Monday, December 29th. TD Cowen upped their price target on Advanced Energy Industries from $140.00 to $210.00 and gave the company a “hold” rating in a report on Wednesday, November 5th. Robert W. Baird set a $190.00 price target on shares of Advanced Energy Industries in a research note on Monday, October 27th. Finally, Zacks Research downgraded shares of Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $249.44.

Advanced Energy Industries Stock Down 1.3%

Shares of NASDAQ:AEIS opened at $253.86 on Friday. Advanced Energy Industries has a fifty-two week low of $75.01 and a fifty-two week high of $264.00. The firm’s 50 day moving average price is $215.83 and its 200 day moving average price is $182.11. 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 cap of $9.58 billion, a price-to-earnings ratio of 66.63, a price-to-earnings-growth ratio of 1.22 and a beta of 1.39.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings results on Tuesday, November 4th. The electronics maker reported $1.74 EPS for the quarter, topping the consensus estimate of $1.47 by $0.27. Advanced Energy Industries had a net margin of 8.41% and a return on equity of 14.27%. The company had revenue of $463.30 million during the quarter, compared to analysts’ expectations of $441.54 million. During the same quarter in the previous year, the business posted $0.98 EPS. The firm’s revenue was up 23.8% on a year-over-year basis. Advanced Energy Industries has set its Q4 2025 guidance at 1.500-2.000 EPS. As a group, equities research analysts predict that Advanced Energy Industries will post 3.66 earnings per share for the current fiscal year.

Advanced Energy Industries Dividend Announcement

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

Insiders Place Their Bets

In other news, Director Tina Donikowski sold 2,257 shares of the stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $210.33, for a total transaction of $474,714.81. Following the completion of the sale, the director owned 8,248 shares in the company, valued at approximately $1,734,801.84. This represents a 21.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Paul R. Oldham sold 8,174 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $203.11, for a total value of $1,660,221.14. Following the transaction, the executive vice president directly owned 24,792 shares in the company, valued at approximately $5,035,503.12. This represents a 24.80% decrease in their position. The SEC filing for this sale provides additional information. 1.20% of the stock is owned by corporate insiders.

Institutional Trading of Advanced Energy Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its position in Advanced Energy Industries by 16.5% during the 1st quarter. Royal Bank of Canada now owns 11,155 shares of the electronics maker’s stock worth $1,063,000 after buying an additional 1,578 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in Advanced Energy Industries by 47.7% during the first quarter. Advisors Asset Management Inc. now owns 539 shares of the electronics maker’s stock worth $51,000 after purchasing an additional 174 shares in the last quarter. AQR Capital Management LLC acquired a new stake in Advanced Energy Industries in the first quarter valued at about $468,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Advanced Energy Industries by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,278 shares of the electronics maker’s stock valued at $2,123,000 after purchasing an additional 970 shares in the last quarter. Finally, United Services Automobile Association acquired a new position in Advanced Energy Industries during the 1st quarter worth approximately $228,000. 99.67% of the stock is owned by hedge funds and other institutional investors.

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.