New York State Common Retirement Fund Cuts Holdings in Advanced Energy Industries, Inc. $AEIS

New York State Common Retirement Fund lowered its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 11.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 297,908 shares of the electronics maker’s stock after selling 38,975 shares during the period. New York State Common Retirement Fund’s holdings in Advanced Energy Industries were worth $50,686,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of AEIS. Federated Hermes Inc. increased its stake in shares of Advanced Energy Industries by 8.1% in the 3rd quarter. Federated Hermes Inc. now owns 45,531 shares of the electronics maker’s stock valued at $7,747,000 after purchasing an additional 3,426 shares in the last quarter. Truist Financial Corp grew its holdings in Advanced Energy Industries by 475.2% in the third quarter. Truist Financial Corp now owns 26,780 shares of the electronics maker’s stock valued at $4,556,000 after purchasing an additional 22,124 shares during the period. Vanguard Personalized Indexing Management LLC grew its holdings in Advanced Energy Industries by 7.6% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 7,333 shares of the electronics maker’s stock valued at $1,248,000 after purchasing an additional 516 shares during the period. Sage Rhino Capital LLC purchased a new stake in shares of Advanced Energy Industries in the third quarter valued at approximately $232,000. Finally, Teacher Retirement System of Texas raised its stake in shares of Advanced Energy Industries by 4.2% during the 3rd quarter. Teacher Retirement System of Texas now owns 14,572 shares of the electronics maker’s stock worth $2,479,000 after buying an additional 593 shares during the period. 99.67% of the stock is currently owned by institutional investors and hedge funds.

Advanced Energy Industries Stock Performance

NASDAQ:AEIS opened at $269.12 on Friday. The company has a market cap of $10.16 billion, a P/E ratio of 70.64, a P/E/G ratio of 1.26 and a beta of 1.39. Advanced Energy Industries, Inc. has a twelve month low of $75.01 and a twelve month high of $276.85. The company’s 50-day moving average price is $226.39 and its 200-day moving average price is $189.24. The company has a current ratio of 4.10, a quick ratio of 3.01 and a debt-to-equity ratio of 0.43.

Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings data on Tuesday, November 4th. The electronics maker reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.27. Advanced Energy Industries had a net margin of 8.41% and a return on equity of 14.27%. The company had revenue of $463.30 million during the quarter, compared to analysts’ expectations of $441.54 million. During the same quarter in the prior year, the company earned $0.98 EPS. Advanced Energy Industries’s revenue was up 23.8% compared to the same quarter last year. Advanced Energy Industries has set its Q4 2025 guidance at 1.500-2.000 EPS. On average, sell-side analysts forecast that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Advanced Energy Industries news, Director Tina Donikowski sold 2,257 shares of the business’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $210.33, for a total transaction of $474,714.81. Following the transaction, the director owned 8,248 shares of the company’s stock, valued at approximately $1,734,801.84. The trade was a 21.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Paul R. Oldham sold 8,174 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $203.11, for a total value of $1,660,221.14. Following the completion of the sale, the executive vice president owned 24,792 shares of the company’s stock, valued at approximately $5,035,503.12. The trade was a 24.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

AEIS has been the topic of a number of research analyst reports. Benchmark lifted their price target on shares of Advanced Energy Industries from $150.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Wall Street Zen downgraded shares of Advanced Energy Industries from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 18th. Citigroup lifted their target price on shares of Advanced Energy Industries from $167.00 to $255.00 and gave the company a “buy” rating in a research report on Wednesday, November 12th. Stifel Nicolaus boosted their target price on shares of Advanced Energy Industries from $230.00 to $270.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Finally, TD Cowen restated a “hold” rating on shares of Advanced Energy Industries in a research report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Advanced Energy Industries currently has a consensus rating of “Moderate Buy” and an average price target of $255.50.

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.