Fifth Third Bancorp Acquires 19,757 Shares of Advanced Energy Industries, Inc. $AEIS

Fifth Third Bancorp increased its holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 2,971.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 20,422 shares of the electronics maker’s stock after acquiring an additional 19,757 shares during the quarter. Fifth Third Bancorp’s holdings in Advanced Energy Industries were worth $6,591,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in AEIS. Kemnay Advisory Services Inc. bought a new position in Advanced Energy Industries in the fourth quarter worth approximately $25,000. Bayforest Capital Ltd bought a new stake in shares of Advanced Energy Industries during the 4th quarter valued at $29,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of Advanced Energy Industries in the 1st quarter worth $29,000. Twin Tree Management LP purchased a new stake in shares of Advanced Energy Industries in the 4th quarter worth $32,000. Finally, Danske Bank A S bought a new position in Advanced Energy Industries in the 3rd quarter worth $34,000. 99.67% of the stock is currently owned by institutional investors.

Advanced Energy Industries Stock Down 5.3%

Advanced Energy Industries stock opened at $285.89 on Friday. The firm has a market cap of $10.87 billion, a P/E ratio of 60.19, a P/E/G ratio of 1.30 and a beta of 1.25. The business has a fifty day moving average of $329.35 and a two-hundred day moving average of $314.88. Advanced Energy Industries, Inc. has a twelve month low of $128.40 and a twelve month high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings results on Monday, May 4th. The electronics maker reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.12. The business had revenue of $511.00 million for the quarter, compared to analyst estimates of $505.81 million. Advanced Energy Industries had a net margin of 10.00% and a return on equity of 17.99%. The business’s revenue for the quarter was up 26.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.23 earnings per share. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Equities analysts expect that Advanced Energy Industries, Inc. will post 7.72 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Monday, May 25th were issued 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 dividend payout ratio is 8.42%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Cantor Fitzgerald boosted their price objective on Advanced Energy Industries from $400.00 to $450.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Wall Street Zen upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Zacks Research downgraded shares of Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 30th. Robert W. Baird increased their price objective on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Finally, Susquehanna raised their price objective on shares of Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a research report on Tuesday, June 30th. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $400.45.

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.