Advanced Energy Industries (NASDAQ:AEIS) Upgraded at Zacks Research

Zacks Research upgraded shares of Advanced Energy Industries (NASDAQ:AEISFree Report) from a hold rating to a strong-buy rating in a research note issued to investors on Wednesday morning,Zacks.com reports.

Several other research analysts also recently issued reports on the company. Benchmark upped their price objective on Advanced Energy Industries from $130.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Wells Fargo & Company upped their price objective on Advanced Energy Industries from $110.00 to $130.00 and gave the company an “equal weight” rating in a research note on Friday, June 27th. TD Cowen upped their price objective on Advanced Energy Industries from $118.00 to $140.00 and gave the company a “hold” rating in a research note on Wednesday, August 6th. Needham & Company LLC upped their price objective on Advanced Energy Industries from $135.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Finally, Stifel Nicolaus set a $150.00 price objective on Advanced Energy Industries and gave the company a “buy” rating in a research note on Monday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $140.90.

Check Out Our Latest Analysis on AEIS

Advanced Energy Industries Stock Down 1.3%

Shares of NASDAQ AEIS opened at $157.44 on Wednesday. The company has a current ratio of 4.09, a quick ratio of 2.97 and a debt-to-equity ratio of 0.45. The company has a market cap of $5.94 billion, a price-to-earnings ratio of 71.24, a PEG ratio of 1.26 and a beta of 1.57. Advanced Energy Industries has a 12 month low of $75.01 and a 12 month high of $163.07. The stock has a 50-day moving average price of $147.35 and a two-hundred day moving average price of $122.81.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last released its quarterly earnings data on Tuesday, August 5th. The electronics maker reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.22. Advanced Energy Industries had a return on equity of 12.38% and a net margin of 5.13%.The company had revenue of $441.50 million during the quarter, compared to the consensus estimate of $421.32 million. During the same quarter in the prior year, the firm posted $0.85 earnings per share. The firm’s revenue was up 21.0% compared to the same quarter last year. Advanced Energy Industries has set its Q3 2025 guidance at 1.200-1.700 EPS. As a group, analysts forecast that Advanced Energy Industries will post 3.66 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Monday, August 25th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, August 25th. Advanced Energy Industries’s dividend payout ratio (DPR) is currently 18.10%.

Insiders Place Their Bets

In related news, EVP Paul R. Oldham sold 1,173 shares of the stock in a transaction on Friday, June 20th. The stock was sold at an average price of $131.29, for a total value of $154,003.17. Following the transaction, the executive vice president directly owned 31,006 shares in the company, valued at $4,070,777.74. This trade represents a 3.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John Donaghey sold 2,000 shares of the stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $140.00, for a total value of $280,000.00. Following the completion of the transaction, the executive vice president owned 11,029 shares in the company, valued at approximately $1,544,060. This represents a 15.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,173 shares of company stock worth $594,733. 1.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On Advanced Energy Industries

A number of large investors have recently modified their holdings of AEIS. Caitong International Asset Management Co. Ltd bought a new position in shares of Advanced Energy Industries in the 1st quarter worth $31,000. Bessemer Group Inc. boosted its holdings in Advanced Energy Industries by 98.3% during the 2nd quarter. Bessemer Group Inc. now owns 234 shares of the electronics maker’s stock worth $31,000 after acquiring an additional 116 shares during the last quarter. UMB Bank n.a. grew its stake in shares of Advanced Energy Industries by 42.9% in the 2nd quarter. UMB Bank n.a. now owns 313 shares of the electronics maker’s stock worth $41,000 after acquiring an additional 94 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Advanced Energy Industries by 67.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 312 shares of the electronics maker’s stock worth $41,000 after acquiring an additional 126 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its stake in shares of Advanced Energy Industries by 26.0% in the 1st quarter. Russell Investments Group Ltd. now owns 446 shares of the electronics maker’s stock worth $43,000 after acquiring an additional 92 shares in the last quarter. 99.67% of the stock is currently owned by institutional investors.

Advanced Energy Industries Company Profile

(Get Free Report)

Advanced Energy Industries, Inc provides precision power conversion, measurement, and control solutions in the United States and internationally. The company's plasma power products offer solutions to enable innovation for semiconductor and thin film plasma processes, such as dry etch and deposition.

See Also

Analyst Recommendations for Advanced Energy Industries (NASDAQ:AEIS)

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