Engineers Gate Manager LP boosted its holdings in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) by 512.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 29,618 shares of the electronics maker’s stock after buying an additional 24,783 shares during the period. Engineers Gate Manager LP’s holdings in Advanced Energy Industries were worth $11,044,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Root Financial Partners LLC increased its stake in Advanced Energy Industries by 33.3% in the 1st quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker’s stock worth $35,000 after acquiring an additional 27 shares during the last quarter. Basecamp Wealth Advisors LLC boosted its position in shares of Advanced Energy Industries by 16.2% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 222 shares of the electronics maker’s stock valued at $72,000 after acquiring an additional 31 shares during the last quarter. Kintra Wealth LLC boosted its position in shares of Advanced Energy Industries by 3.9% during the 2nd quarter. Kintra Wealth LLC now owns 1,092 shares of the electronics maker’s stock valued at $407,000 after acquiring an additional 41 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in shares of Advanced Energy Industries by 4.5% during the first quarter. Fifth Third Wealth Advisors LLC now owns 1,191 shares of the electronics maker’s stock worth $384,000 after purchasing an additional 51 shares in the last quarter. Finally, Cullen Frost Bankers Inc. grew its holdings in shares of Advanced Energy Industries by 40.6% during the fourth quarter. Cullen Frost Bankers Inc. now owns 194 shares of the electronics maker’s stock worth $41,000 after purchasing an additional 56 shares in the last quarter. 99.67% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Advanced Energy Industries
In other news, COO Eduardo Acebedo sold 24,771 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total value of $7,814,755.08. Following the completion of the sale, 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Elizabeth Vonne sold 908 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $332.68, for a total transaction of $302,073.44. Following the completion of the sale, the executive vice president directly owned 10,712 shares of the company’s stock, valued at $3,563,668.16. This trade represents a 7.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 27,218 shares of company stock worth $8,562,008 over the last three months. Insiders own 1.30% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on AEIS
Advanced Energy Industries Price Performance
Shares of Advanced Energy Industries stock opened at $273.74 on Friday. The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $10.96 billion, a PE ratio of 51.07 and a beta of 1.31. The business’s 50-day moving average price is $297.56 and its 200-day moving average price is $325.03. Advanced Energy Industries, Inc. has a 12 month low of $155.07 and a 12 month high of $397.44.
Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The electronics maker reported $2.74 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.53. The company had revenue of $574.10 million for the quarter, compared to analysts’ expectations of $544.41 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.Advanced Energy Industries’s revenue for the quarter was up 30.0% compared to the same quarter last year. During the same period last year, the firm posted $1.50 EPS. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS. Sell-side analysts forecast that Advanced Energy Industries, Inc. will post 9.5 EPS for the current fiscal year.
Advanced Energy Industries Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Monday, August 24th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. Advanced Energy Industries’s dividend payout ratio (DPR) is 7.46%.
Advanced Energy Industries Profile
Advanced Energy Industries, Inc (NASDAQ: AEIS) designs and manufactures highly engineered power conversion, measurement and control solutions. Its products help customers generate, control, convert, distribute and measure electrical power in demanding applications that require precision, reliability and high performance.
The company’s product portfolio includes direct-current and alternating-current power systems, high-voltage power supplies, radio-frequency power systems, pulsed power solutions, power delivery systems, measurement instruments and thermal-management products.
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