Advanced Energy Industries, Inc. (NASDAQ:AEIS – Get Free Report)’s share price traded down 12.5% during mid-day trading on Thursday . The stock traded as low as $311.11 and last traded at $311.9550. Approximately 480,029 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 833,020 shares. The stock had previously closed at $356.35.
Wall Street Analyst Weigh In
A number of equities analysts have commented on AEIS shares. Citigroup upped their target price on shares of Advanced Energy Industries from $385.00 to $410.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Susquehanna boosted their price target on Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a report on Tuesday. Bank of America increased their price objective on Advanced Energy Industries from $430.00 to $450.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. KeyCorp raised their price objective on Advanced Energy Industries from $375.00 to $415.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Finally, Needham & Company LLC lifted their target price on Advanced Energy Industries from $330.00 to $400.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $400.45.
Check Out Our Latest Analysis on Advanced Energy Industries
Advanced Energy Industries Stock Down 12.3%
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last announced its earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.12. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.The business had revenue of $511.00 million for the quarter, compared to analysts’ expectations of $505.81 million. During the same quarter last year, the firm earned $1.23 EPS. The business’s revenue for the quarter was up 26.3% on a year-over-year basis. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. As a group, equities research analysts forecast that Advanced Energy Industries, Inc. will post 7.72 EPS for the current year.
Advanced Energy Industries Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, May 25th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.1%. The ex-dividend date was Friday, May 22nd. Advanced Energy Industries’s payout ratio is 8.42%.
Insider Buying and Selling
In other Advanced Energy Industries news, EVP Elizabeth Karpinski Vonne sold 966 shares of the stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $369.40, for a total transaction of $356,840.40. Following the completion of the sale, the executive vice president directly owned 11,616 shares of the company’s stock, valued at approximately $4,290,950.40. This represents a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.30% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Root Financial Partners LLC lifted its position in Advanced Energy Industries by 33.3% during the first quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker’s stock valued at $35,000 after acquiring an additional 27 shares during the last quarter. Basecamp Wealth Advisors LLC increased its position in shares of Advanced Energy Industries by 16.2% during the first quarter. Basecamp Wealth Advisors LLC now owns 222 shares of the electronics maker’s stock worth $72,000 after purchasing an additional 31 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of Advanced Energy Industries by 9.2% during the 3rd quarter. Allworth Financial LP now owns 582 shares of the electronics maker’s stock valued at $99,000 after purchasing an additional 49 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its holdings in shares of Advanced Energy Industries by 4.5% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 1,191 shares of the electronics maker’s stock valued at $384,000 after purchasing an additional 51 shares during the last quarter. Finally, Cullen Frost Bankers Inc. boosted its position in shares of Advanced Energy Industries by 40.6% in the 4th quarter. Cullen Frost Bankers Inc. now owns 194 shares of the electronics maker’s stock worth $41,000 after purchasing an additional 56 shares in the last quarter. Institutional investors own 99.67% of the company’s stock.
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.
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