6,007 Shares in Advanced Energy Industries, Inc. $AEIS Purchased by Pacer Advisors Inc.

Pacer Advisors Inc. purchased a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) in the first quarter, HoldingsChannel reports. The institutional investor purchased 6,007 shares of the electronics maker’s stock, valued at approximately $1,939,000.

Other hedge funds have also modified their holdings of the company. Geode Capital Management LLC grew its position in Advanced Energy Industries by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 956,979 shares of the electronics maker’s stock valued at $200,393,000 after acquiring an additional 28,549 shares during the period. Bank of America Corp DE lifted its holdings in Advanced Energy Industries by 2.2% during the 2nd quarter. Bank of America Corp DE now owns 946,649 shares of the electronics maker’s stock valued at $125,431,000 after purchasing an additional 20,573 shares during the last quarter. Norges Bank acquired a new position in Advanced Energy Industries in the fourth quarter worth $123,403,000. Franklin Resources Inc. lifted its position in Advanced Energy Industries by 55.4% during the 4th quarter. Franklin Resources Inc. now owns 487,494 shares of the electronics maker’s stock worth $102,067,000 after buying an additional 173,836 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. grew its holdings in Advanced Energy Industries by 1,734.1% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 427,674 shares of the electronics maker’s stock worth $89,542,000 after acquiring an additional 404,356 shares during the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on AEIS shares. Zacks Research upgraded shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. Bank of America increased their price objective on Advanced Energy Industries from $430.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Morgan Stanley raised their price target on Advanced Energy Industries from $421.00 to $439.00 and gave the company an “overweight” rating in a report on Tuesday. Susquehanna increased their price objective on shares of Advanced Energy Industries from $430.00 to $535.00 and gave the company a “positive” rating in a report on Tuesday, June 30th. Finally, Wells Fargo & Company upgraded shares of Advanced Energy Industries from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $345.00 to $465.00 in a research report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $409.50.

Advanced Energy Industries Stock Performance

Shares of AEIS opened at $325.02 on Friday. Advanced Energy Industries, Inc. has a 12 month low of $143.38 and a 12 month high of $397.44. The firm has a fifty day simple moving average of $320.49 and a 200 day simple moving average of $322.52. The stock has a market capitalization of $13.02 billion, a price-to-earnings ratio of 60.64, a PEG ratio of 1.17 and a beta of 1.29. The company has a current ratio of 3.79, a quick ratio of 1.13 and a debt-to-equity ratio of 0.78.

Advanced Energy Industries (NASDAQ:AEIS) last issued its quarterly earnings results on Monday, August 3rd. The electronics maker reported $2.74 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $574.10 million for the quarter, compared to analyst estimates of $544.41 million. During the same period in the previous year, the business earned $1.50 EPS. The company’s revenue was up 30.0% compared to the same quarter last year. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Research analysts forecast that Advanced Energy Industries, Inc. will post 9.18 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 24th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. Advanced Energy Industries’s payout ratio is 7.46%.

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.