PNC Financial Services Group Inc. Sells 1,640 Shares of Advanced Energy Industries, Inc. $AEIS

PNC Financial Services Group Inc. lowered its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 19.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,925 shares of the electronics maker’s stock after selling 1,640 shares during the period. PNC Financial Services Group Inc.’s holdings in Advanced Energy Industries were worth $1,450,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bayforest Capital Ltd bought a new stake in Advanced Energy Industries in the fourth quarter valued at approximately $29,000. Danske Bank A S bought a new stake in Advanced Energy Industries in the third quarter valued at approximately $34,000. Measured Wealth Private Client Group LLC bought a new stake in Advanced Energy Industries in the third quarter valued at approximately $36,000. EverSource Wealth Advisors LLC raised its holdings in shares of Advanced Energy Industries by 67.7% during the second quarter. EverSource Wealth Advisors LLC now owns 312 shares of the electronics maker’s stock valued at $41,000 after acquiring an additional 126 shares in the last quarter. Finally, Park Place Capital Corp bought a new position in shares of Advanced Energy Industries during the fourth quarter valued at approximately $51,000. Institutional investors own 99.67% of the company’s stock.

Insider Buying and Selling

In other news, EVP Elizabeth Karpinski Vonne sold 966 shares of the firm’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $369.40, for a total transaction of $356,840.40. Following the completion of the transaction, the executive vice president directly owned 11,616 shares in the company, valued at $4,290,950.40. This trade represents a 7.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Stephen Douglas Kelley sold 50,000 shares of the firm’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $316.62, for a total value of $15,831,000.00. Following the transaction, the chief executive officer owned 80,376 shares of the company’s stock, valued at $25,448,649.12. The trade was a 38.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 56,514 shares of company stock valued at $17,933,796 over the last ninety days. Insiders own 1.30% of the company’s stock.

Advanced Energy Industries Stock Down 3.4%

Shares of AEIS stock opened at $317.08 on Friday. The stock has a market cap of $12.06 billion, a price-to-earnings ratio of 66.75, a PEG ratio of 1.43 and a beta of 1.40. The business’s fifty day moving average is $346.57 and its 200 day moving average is $285.81. Advanced Energy Industries, Inc. has a twelve month low of $112.68 and a twelve month high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last issued its quarterly earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share for the quarter, topping the consensus estimate of $1.97 by $0.12. The company had revenue of $511.00 million for the quarter, compared to analysts’ expectations of $505.81 million. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.The firm’s revenue for the quarter was up 26.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.23 earnings per share. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Equities research analysts expect that Advanced Energy Industries, Inc. will post 7.65 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Monday, May 25th will be issued a dividend of $0.10 per share. The ex-dividend date is Friday, May 22nd. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. Advanced Energy Industries’s dividend payout ratio (DPR) is presently 8.42%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on AEIS shares. Robert W. Baird upped their target price on Advanced Energy Industries from $360.00 to $380.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. KeyCorp upped their target price on Advanced Energy Industries from $375.00 to $415.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. TD Cowen upped their target price on Advanced Energy Industries from $300.00 to $350.00 and gave the company a “hold” rating in a report on Tuesday, May 5th. Wall Street Zen upgraded Advanced Energy Industries from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Finally, Needham & Company LLC upped their target price on Advanced Energy Industries from $330.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $358.00.

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.