1,604 Shares in Advanced Energy Industries, Inc. $AEIS Acquired by Legacy Wealth Asset Management LLC

Legacy Wealth Asset Management LLC acquired a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 1,604 shares of the electronics maker’s stock, valued at approximately $336,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Analog Century Management LP bought a new stake in shares of Advanced Energy Industries during the 3rd quarter valued at $79,507,000. Norges Bank bought a new position in shares of Advanced Energy Industries in the second quarter worth $58,766,000. Wellington Management Group LLP acquired a new position in Advanced Energy Industries in the third quarter valued at about $50,173,000. GW&K Investment Management LLC raised its stake in Advanced Energy Industries by 51.5% in the third quarter. GW&K Investment Management LLC now owns 699,780 shares of the electronics maker’s stock valued at $119,062,000 after purchasing an additional 237,895 shares in the last quarter. Finally, Franklin Resources Inc. bought a new stake in Advanced Energy Industries during the second quarter worth about $30,687,000. 99.67% of the stock is owned by institutional investors and hedge funds.

Advanced Energy Industries Stock Down 3.8%

Advanced Energy Industries stock opened at $342.87 on Thursday. The stock has a market cap of $12.98 billion, a PE ratio of 89.76, a P/E/G ratio of 2.61 and a beta of 1.35. Advanced Energy Industries, Inc. has a 12-month low of $75.01 and a 12-month high of $360.00. The business’s 50-day moving average price is $299.40 and its two-hundred day moving average price is $233.97.

Advanced Energy Industries (NASDAQ:AEIS) last posted its earnings results on Tuesday, February 10th. The electronics maker reported $1.94 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.18. Advanced Energy Industries had a net margin of 8.25% and a return on equity of 15.72%. The firm had revenue of $489.40 million during the quarter, compared to analysts’ expectations of $473.12 million. During the same quarter in the prior year, the business earned $1.30 earnings per share. The business’s revenue for the quarter was up 17.8% compared to the same quarter last year. Advanced Energy Industries has set its Q1 2026 guidance at 1.690-2.190 EPS. As a group, analysts expect that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 6th. Investors of record on Monday, February 23rd were paid a $0.10 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $0.40 annualized dividend and a yield of 0.1%. Advanced Energy Industries’s dividend payout ratio is presently 10.47%.

Analysts Set New Price Targets

AEIS has been the topic of several recent analyst reports. Bank of America raised their target price on shares of Advanced Energy Industries from $260.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Zacks Research raised shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, February 13th. Needham & Company LLC increased their price target on shares of Advanced Energy Industries from $290.00 to $330.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Wall Street Zen raised shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Finally, TD Cowen restated a “hold” rating on shares of Advanced Energy Industries in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Advanced Energy Industries has a consensus rating of “Moderate Buy” and a consensus price target of $314.00.

Insider Transactions at Advanced Energy Industries

In other Advanced Energy Industries news, Director Lanesha Minnix sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $316.62, for a total value of $316,620.00. Following the sale, the director owned 4,585 shares in the company, valued at $1,451,702.70. This trade represents a 17.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Paul R. Oldham sold 4,314 shares of the business’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $315.99, for a total transaction of $1,363,180.86. Following the sale, the executive vice president directly owned 22,217 shares in the company, valued at approximately $7,020,349.83. The trade was a 16.26% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 57,512 shares of company stock valued at $18,210,172. Corporate insiders own 1.20% of the company’s stock.

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.