Legal & General Group Plc Purchases New Position in Advanced Energy Industries, Inc. $AEIS

Legal & General Group Plc purchased a new stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 52,986 shares of the electronics maker’s stock, valued at approximately $19,726,000. Legal & General Group Plc owned 0.13% of Advanced Energy Industries at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. The Manufacturers Life Insurance Company acquired a new stake in shares of Advanced Energy Industries during the 2nd quarter worth about $166,162,000. Visionary Wealth Advisors bought a new stake in Advanced Energy Industries during the second quarter worth about $4,291,000. Algert Global LLC grew its stake in Advanced Energy Industries by 163.3% during the second quarter. Algert Global LLC now owns 31,460 shares of the electronics maker’s stock worth $11,730,000 after buying an additional 19,510 shares during the last quarter. Maxi Investments CY Ltd acquired a new stake in shares of Advanced Energy Industries during the second quarter worth approximately $584,000. Finally, OMERS ADMINISTRATION Corp acquired a new stake in shares of Advanced Energy Industries during the second quarter worth approximately $11,559,000. 99.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Advanced Energy Industries news, EVP Elizabeth Karpinski Vonne sold 908 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $332.68, for a total transaction of $302,073.44. Following the transaction, the executive vice president directly owned 10,712 shares in the company, valued at approximately $3,563,668.16. This represents a 7.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Eduardo Bernal Acebedo sold 24,771 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the completion of the transaction, the chief operating officer directly owned 23,109 shares in the company, valued at $7,290,427.32. This trade represents a 51.74% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 26,586 shares of company stock worth $8,379,904. 1.30% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts have recently commented on AEIS shares. Morgan Stanley boosted their target price on Advanced Energy Industries from $421.00 to $439.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Wells Fargo & Company upgraded Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $345.00 to $465.00 in a research report on Wednesday, July 1st. Cantor Fitzgerald reissued an “overweight” rating on shares of Advanced Energy Industries in a research note on Tuesday, August 4th. Seaport Research Partners upgraded Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 target price on the stock in a report on Tuesday, August 4th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Advanced Energy Industries in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $409.50.

Advanced Energy Industries Stock Performance

AEIS stock opened at $272.82 on Friday. The company has a 50 day moving average price of $312.14 and a 200 day moving average price of $326.96. Advanced Energy Industries, Inc. has a fifty-two week low of $144.09 and a fifty-two week high of $397.44. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.79 and a quick ratio of 2.94. The stock has a market capitalization of $10.93 billion, a PE ratio of 50.90 and a beta of 1.29.

Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 EPS for the quarter, beating analysts’ consensus estimates of $2.21 by $0.53. The firm had revenue of $574.10 million for the quarter, compared to analyst estimates of $544.41 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The business’s quarterly revenue was up 30.0% compared to the same quarter last year. During the same period last year, the company earned $1.50 EPS. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Analysts forecast that Advanced Energy Industries, Inc. will post 9.5 EPS for the current year.

Advanced Energy Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 24th will be issued a $0.10 dividend. The ex-dividend date is Monday, August 24th. This represents a $0.40 annualized dividend and a yield of 0.1%. Advanced Energy Industries’s dividend payout ratio (DPR) is currently 7.46%.

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.