Advanced Energy Industries (NASDAQ:AEIS) Price Target Raised to $385.00 at Citigroup

Advanced Energy Industries (NASDAQ:AEIS) had its price objective raised by stock analysts at Citigroup from $330.00 to $385.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the electronics maker’s stock. Citigroup’s target price points to a potential upside of 22.86% from the company’s previous close.

A number of other equities analysts also recently commented on AEIS. Needham & Company LLC raised their price objective on shares of Advanced Energy Industries from $290.00 to $330.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. TD Cowen restated a “hold” rating on shares of Advanced Energy Industries in a report on Wednesday, February 11th. Wall Street Zen upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Wells Fargo & Company lifted their target price on shares of Advanced Energy Industries from $225.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 11th. Finally, Zacks Research upgraded Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Advanced Energy Industries currently has an average rating of “Moderate Buy” and a consensus price target of $314.00.

Advanced Energy Industries Stock Performance

Shares of AEIS stock traded down $14.42 on Friday, reaching $313.38. 305,934 shares of the company’s stock traded hands, compared to its average volume of 752,010. The business’s 50 day moving average price is $290.86 and its two-hundred day moving average price is $228.17. Advanced Energy Industries has a 12-month low of $75.01 and a 12-month high of $350.00. The company has a market capitalization of $11.86 billion, a P/E ratio of 82.22, a price-to-earnings-growth ratio of 2.34 and a beta of 1.35.

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

Insiders Place Their Bets

In related news, CEO Stephen Douglas Kelley sold 50,000 shares of Advanced Energy Industries stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $316.62, for a total value of $15,831,000.00. Following the sale, the chief executive officer owned 80,376 shares of the company’s stock, valued at approximately $25,448,649.12. The trade was a 38.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Brian Shirley sold 1,234 shares of the firm’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $310.19, for a total transaction of $382,774.46. Following the completion of the transaction, the director directly owned 5,584 shares of the company’s stock, valued at $1,732,100.96. This represents a 18.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 57,512 shares of company stock valued at $18,210,172 over the last 90 days. 1.20% of the stock is currently owned by company insiders.

Institutional Trading of Advanced Energy Industries

A number of hedge funds have recently made changes to their positions in the business. Lisanti Capital Growth LLC acquired a new position in shares of Advanced Energy Industries during the 3rd quarter worth $3,464,000. Fisher Asset Management LLC boosted its stake in Advanced Energy Industries by 80.4% in the second quarter. Fisher Asset Management LLC now owns 273,993 shares of the electronics maker’s stock valued at $36,304,000 after buying an additional 122,094 shares in the last quarter. Tributary Capital Management LLC grew its position in 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 valued at $58,639,000 after acquiring an additional 165,655 shares during the last quarter. Rhumbline Advisers raised its stake in Advanced Energy Industries by 3.4% during the second quarter. Rhumbline Advisers now owns 113,228 shares of the electronics maker’s stock worth $15,003,000 after acquiring an additional 3,770 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Advanced Energy Industries by 6.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 262,517 shares of the electronics maker’s stock valued at $44,665,000 after purchasing an additional 16,607 shares in the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.

Advanced Energy Industries Company 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.