Advanced Energy Industries (NASDAQ:AEIS) Shares Up 6.5% – Here’s What Happened

Advanced Energy Industries, Inc. (NASDAQ:AEISGet Free Report)’s stock price traded up 6.5% during trading on Friday . The stock traded as high as $304.53 and last traded at $292.0950. 314,234 shares changed hands during trading, a decline of 61% from the average session volume of 812,854 shares. The stock had previously closed at $274.26.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on AEIS shares. Cantor Fitzgerald upped their target price on Advanced Energy Industries from $400.00 to $450.00 and gave the company an “overweight” rating in a research report on Monday, June 29th. KeyCorp boosted their price target on Advanced Energy Industries from $375.00 to $415.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Robert W. Baird increased their price objective on Advanced Energy Industries from $360.00 to $380.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Susquehanna raised their price objective on Advanced Energy Industries from $430.00 to $535.00 and gave the stock a “positive” rating in a research note on Tuesday, June 30th. Finally, TD Cowen upped their target price on Advanced Energy Industries from $300.00 to $350.00 and gave the company a “hold” rating in a research report on Tuesday, May 5th. Eleven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $404.25.

Check Out Our Latest Stock Report on AEIS

Advanced Energy Industries Trading Up 7.7%

The firm’s fifty day moving average price is $321.12 and its two-hundred day moving average price is $319.90. The stock has a market capitalization of $11.23 billion, a PE ratio of 62.17, a price-to-earnings-growth ratio of 1.05 and a beta of 1.25.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last posted its 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. Advanced Energy Industries had a net margin of 10.00% and a return on equity of 17.99%. The business had revenue of $511.00 million for the quarter, compared to analyst estimates of $505.81 million. During the same period in the prior year, the company posted $1.23 EPS. The company’s revenue for the quarter was up 26.3% on a year-over-year basis. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. As a group, sell-side analysts anticipate that Advanced Energy Industries, Inc. will post 7.96 earnings per share for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, May 25th were given a dividend of $0.10 per share. The ex-dividend date was Friday, May 22nd. This represents a $0.40 dividend on an annualized basis and a yield of 0.1%. Advanced Energy Industries’s dividend payout ratio is currently 8.42%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in AEIS. Keybank National Association OH purchased a new stake in shares of Advanced Energy Industries during the fourth quarter worth about $644,000. Campbell Newman Asset Management Inc. purchased a new position in Advanced Energy Industries in the 4th quarter valued at about $1,954,000. B. Metzler seel. Sohn & Co. AG acquired a new stake in Advanced Energy Industries in the 4th quarter worth about $2,607,000. Wolverine Asset Management LLC acquired a new stake in Advanced Energy Industries in the 4th quarter worth about $1,107,000. Finally, Comerica Bank increased its stake in Advanced Energy Industries by 46.9% during the 4th quarter. Comerica Bank now owns 19,938 shares of the electronics maker’s stock worth $4,174,000 after buying an additional 6,361 shares in the last quarter. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Advanced Energy Industries Company Profile

(Get Free Report)

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.

Further Reading

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