Advanced Energy Industries (NASDAQ:AEIS) Price Target Raised to $290.00 at Needham & Company LLC

Advanced Energy Industries (NASDAQ:AEIS) had its target price boosted by Needham & Company LLC from $225.00 to $290.00 in a research note issued to investors on Friday,Benzinga reports. Needham & Company LLC currently has a buy rating on the electronics maker’s stock.

A number of other equities research analysts also recently commented on the company. Zacks Research downgraded Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. Citigroup upped their price objective on Advanced Energy Industries from $167.00 to $255.00 and gave the stock a “buy” rating in a report on Wednesday, November 12th. Susquehanna raised shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Cowen reaffirmed a “hold” rating on shares of Advanced Energy Industries in a research note on Wednesday, November 5th. Finally, Wall Street Zen upgraded shares of Advanced Energy Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 10th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $249.44.

Advanced Energy Industries Stock Down 1.3%

NASDAQ AEIS opened at $253.86 on Friday. Advanced Energy Industries has a 12 month low of $75.01 and a 12 month high of $264.00. The company has a current ratio of 4.10, a quick ratio of 3.01 and a debt-to-equity ratio of 0.43. The stock has a market cap of $9.58 billion, a PE ratio of 66.63, a P/E/G ratio of 1.24 and a beta of 1.39. The stock’s 50 day moving average is $215.83 and its 200 day moving average is $181.46.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings data on Tuesday, November 4th. The electronics maker reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.27. Advanced Energy Industries had a net margin of 8.41% and a return on equity of 14.27%. The firm had revenue of $463.30 million for the quarter, compared to analysts’ expectations of $441.54 million. During the same quarter last year, the business posted $0.98 earnings per share. The company’s revenue for the quarter was up 23.8% compared to the same quarter last year. Advanced Energy Industries has set its Q4 2025 guidance at 1.500-2.000 EPS. Research analysts predict that Advanced Energy Industries will post 3.66 EPS for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Monday, November 24th were given a dividend of $0.10 per share. The ex-dividend date was Monday, November 24th. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. Advanced Energy Industries’s payout ratio is 10.50%.

Insider Buying and Selling at Advanced Energy Industries

In other news, Director Tina Donikowski sold 2,257 shares of the firm’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $210.33, for a total value of $474,714.81. Following the completion of the sale, the director owned 8,248 shares in the company, valued at approximately $1,734,801.84. This trade represents a 21.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Paul R. Oldham sold 8,174 shares of the stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $203.11, for a total transaction of $1,660,221.14. Following the completion of the sale, the executive vice president directly owned 24,792 shares in the company, valued at $5,035,503.12. This trade represents a 24.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Advanced Energy Industries

A number of institutional investors have recently modified their holdings of the stock. Rhumbline Advisers increased its stake in Advanced Energy Industries by 3.4% in the second quarter. Rhumbline Advisers now owns 113,228 shares of the electronics maker’s stock valued at $15,003,000 after purchasing an additional 3,770 shares in the last quarter. Fisher Asset Management LLC increased its position in Advanced Energy Industries by 80.4% during the second quarter. Fisher Asset Management LLC now owns 273,993 shares of the electronics maker’s stock worth $36,304,000 after buying an additional 122,094 shares during the last quarter. Blair William & Co. IL acquired a new stake in shares of Advanced Energy Industries during the 2nd quarter worth about $253,000. Tributary Capital Management LLC grew its position in shares of Advanced Energy Industries by 92.5% in the third quarter. Tributary Capital Management LLC now owns 344,654 shares of the electronics maker’s stock valued at $58,639,000 after purchasing an additional 165,655 shares during the last quarter. Finally, US Bancorp DE grew its stake in shares of Advanced Energy Industries by 67.6% in the second quarter. US Bancorp DE now owns 8,142 shares of the electronics maker’s stock valued at $1,079,000 after acquiring an additional 3,285 shares in the last quarter. 99.67% of the stock is owned by hedge funds and other institutional investors.

About Advanced Energy Industries

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.