Advanced Energy Industries, Inc. $AEIS Stake Decreased by Congress Asset Management Co.

Congress Asset Management Co. reduced its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 1.9% in the third quarter, according to its most recent filing with the SEC. The fund owned 147,598 shares of the electronics maker’s stock after selling 2,912 shares during the period. Congress Asset Management Co. owned approximately 0.37% of Advanced Energy Industries worth $41,596,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in AEIS. BlackRock Inc. purchased a new stake in Advanced Energy Industries during the second quarter valued at about $1,725,045,000. Bank of America Corp DE purchased a new position in shares of Advanced Energy Industries in the 2nd quarter worth about $382,342,000. The Manufacturers Life Insurance Company bought a new position in shares of Advanced Energy Industries during the 2nd quarter valued at about $166,162,000. Bank of New York Mellon Corp bought a new position in shares of Advanced Energy Industries during the 2nd quarter valued at about $95,719,000. Finally, Franklin Resources Inc. raised its holdings in shares of Advanced Energy Industries by 55.4% during the 4th quarter. Franklin Resources Inc. now owns 487,494 shares of the electronics maker’s stock valued at $102,067,000 after buying an additional 173,836 shares in the last quarter. Institutional investors own 99.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Susquehanna upped their target price 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. Morgan Stanley boosted their price objective on shares of Advanced Energy Industries from $421.00 to $439.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Zacks Research raised shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Energy Industries in a research note on Tuesday, September 22nd. Finally, TD Cowen increased their target price on shares of Advanced Energy Industries from $350.00 to $370.00 and gave the company a “hold” rating in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $409.50.

Insiders Place Their Bets

In other Advanced Energy Industries news, EVP Elizabeth Vonne sold 632 shares of the business’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $288.14, for a total value of $182,104.48. Following the transaction, the executive vice president owned 9,177 shares in the company, valued at approximately $2,644,260.78. The trade was a 6.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Eduardo Acebedo sold 24,771 shares of the stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the sale, the chief operating officer owned 23,109 shares of the company’s stock, valued at approximately $7,290,427.32. This represents a 51.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 27,218 shares of company stock worth $8,562,008. Insiders own 1.30% of the company’s stock.

Advanced Energy Industries Trading Up 1.8%

Advanced Energy Industries stock traded up $5.48 during trading hours on Tuesday, reaching $302.77. The company had a trading volume of 492,969 shares, compared to its average volume of 754,422. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.79 and a quick ratio of 2.94. Advanced Energy Industries, Inc. has a 12-month low of $169.35 and a 12-month high of $397.44. The company has a 50-day moving average price of $288.83 and a 200 day moving average price of $319.66. The firm has a market cap of $12.13 billion, a price-to-earnings ratio of 56.49 and a beta of 1.31.

Advanced Energy Industries (NASDAQ:AEIS) last released 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. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%.The firm had revenue of $574.10 million during the quarter, compared to analyst estimates of $544.41 million. During the same quarter in the prior year, the firm posted $1.50 earnings per share. The business’s quarterly 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. Equities analysts forecast that Advanced Energy Industries, Inc. will post 9.53 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Monday, August 24th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, August 24th. Advanced Energy Industries’s dividend payout ratio (DPR) is 7.46%.

Advanced Energy Industries Company Profile

Advanced Energy Industries, Inc (NASDAQ: AEIS) designs and manufactures precision power-conversion, measurement and control technologies. Its products help customers generate, convert, deliver and manage electrical power with high levels of efficiency, reliability and accuracy.

The company’s offerings include AC-DC and DC-DC power supplies, high-voltage power systems, radio-frequency power products, power-control equipment and precision measurement instruments. These products are used in semiconductor and electronics manufacturing equipment, industrial and medical applications, telecommunications, data centers, renewable energy systems and other demanding environments.

Founded in 1981, Advanced Energy serves a global customer base through operations and sales activities across North America, Europe and Asia.