NorthRock Partners LLC Buys 2,088 Shares of Advanced Energy Industries, Inc. $AEIS

NorthRock Partners LLC grew its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 32.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,506 shares of the electronics maker’s stock after acquiring an additional 2,088 shares during the period. NorthRock Partners LLC’s holdings in Advanced Energy Industries were worth $3,172,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of AEIS. California State Teachers Retirement System grew its stake in Advanced Energy Industries by 37,009.4% in the second quarter. California State Teachers Retirement System now owns 16,442,821 shares of the electronics maker’s stock worth $6,131,035,000 after purchasing an additional 16,398,512 shares in the last quarter. BlackRock Inc. bought a new stake in Advanced Energy Industries during the 2nd quarter valued at $1,725,045,000. Bank of America Corp DE bought a new stake in Advanced Energy Industries during the 2nd quarter valued at $382,342,000. Norges Bank purchased a new stake in shares of Advanced Energy Industries in the 4th quarter worth $123,403,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of Advanced Energy Industries in the 2nd quarter worth $166,162,000. 99.67% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Advanced Energy Industries

In other Advanced Energy Industries news, EVP Elizabeth Vonne sold 907 shares of Advanced Energy Industries stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $290.05, for a total value of $263,075.35. Following the transaction, the executive vice president directly owned 9,805 shares of the company’s stock, valued at approximately $2,843,940.25. The trade was a 8.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Eduardo Acebedo sold 24,771 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $315.48, for a total value of $7,814,755.08. Following the transaction, the chief operating officer directly owned 23,109 shares in the company, valued at approximately $7,290,427.32. The trade was a 51.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 26,586 shares of company stock valued at $8,379,904. 1.30% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on AEIS shares. Needham & Company LLC restated a “buy” rating and issued a $400.00 price objective on shares of Advanced Energy Industries in a report on Tuesday, August 4th. Zacks Research upgraded shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. Seaport Research Partners raised shares of Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 target price on the stock in a research report on Tuesday, August 4th. Morgan Stanley boosted their price target on shares of Advanced Energy Industries from $421.00 to $439.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Finally, Wall Street Zen raised shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $409.50.

Advanced Energy Industries Price Performance

Shares of AEIS stock opened at $285.52 on Thursday. Advanced Energy Industries, Inc. has a 1-year low of $154.77 and a 1-year high of $397.44. The stock’s 50-day moving average is $298.31 and its 200 day moving average is $325.44. The company has a market cap of $11.44 billion, a P/E ratio of 53.27 and a beta of 1.31. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.79 and a quick ratio of 2.94.

Advanced Energy Industries (NASDAQ:AEIS) last announced its earnings results on Monday, August 3rd. The electronics maker reported $2.74 EPS for the quarter, topping analysts’ consensus estimates of $2.21 by $0.53. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The business had revenue of $574.10 million during the quarter, compared to the consensus estimate of $544.41 million. During the same period in the previous year, the company posted $1.50 earnings per share. The firm’s revenue was up 30.0% on a year-over-year basis. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Research analysts predict that Advanced Energy Industries, Inc. will post 9.5 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

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