Citigroup Inc. Sells 2,672,179 Shares of Advanced Energy Industries, Inc. $AEIS

Citigroup Inc. decreased its holdings in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 94.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 144,221 shares of the electronics maker’s stock after selling 2,672,179 shares during the period. Citigroup Inc. owned approximately 0.38% of Advanced Energy Industries worth $24,538,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in AEIS. Bank of America Corp DE boosted its position in shares of 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 acquiring an additional 20,573 shares during the last quarter. Geode Capital Management LLC lifted its position in Advanced Energy Industries by 1.0% during the second quarter. Geode Capital Management LLC now owns 925,648 shares of the electronics maker’s stock valued at $122,663,000 after purchasing an additional 8,993 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in Advanced Energy Industries by 18.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 719,867 shares of the electronics maker’s stock valued at $122,478,000 after purchasing an additional 111,467 shares during the last quarter. Norges Bank purchased a new position in Advanced Energy Industries in the 2nd quarter worth approximately $58,766,000. Finally, Bamco Inc. NY increased its holdings in shares of Advanced Energy Industries by 1.9% in the 2nd quarter. Bamco Inc. NY now owns 373,245 shares of the electronics maker’s stock worth $49,455,000 after buying an additional 6,958 shares during the last quarter. 99.67% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Advanced Energy Industries news, EVP Elizabeth Karpinski Vonne sold 964 shares of the business’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $328.42, for a total value of $316,596.88. Following the transaction, the executive vice president owned 11,683 shares in the company, valued at approximately $3,836,930.86. The trade was a 7.62% 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, Director Lanesha Minnix sold 1,000 shares of the stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $316.62, for a total transaction of $316,620.00. Following the sale, the director owned 4,585 shares of the company’s stock, valued at approximately $1,451,702.70. This represents a 17.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,221 shares of company stock valued at $1,107,932 in the last quarter. Insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. KeyCorp upped their target price on shares of Advanced Energy Industries from $290.00 to $330.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Advanced Energy Industries in a research note on Monday, December 29th. Needham & Company LLC upped their price objective on Advanced Energy Industries from $290.00 to $330.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Robert W. Baird set a $315.00 price objective on Advanced Energy Industries in a report on Thursday, February 12th. Finally, Citigroup boosted their target price on Advanced Energy Industries from $255.00 to $330.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $304.00.

Advanced Energy Industries Trading Up 0.8%

NASDAQ AEIS opened at $338.51 on Thursday. The firm has a market cap of $12.78 billion, a PE ratio of 88.62, a price-to-earnings-growth ratio of 2.52 and a beta of 1.41. Advanced Energy Industries, Inc. has a 1-year low of $75.01 and a 1-year high of $347.28. The stock has a 50-day moving average of $258.80 and a 200-day moving average of $210.37.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings results on Tuesday, February 10th. The electronics maker reported $1.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.18. Advanced Energy Industries had a return on equity of 15.72% and a net margin of 8.25%.The business had revenue of $489.40 million for the quarter, compared to analyst estimates of $473.12 million. During the same period last year, the company earned $1.30 EPS. Advanced Energy Industries’s revenue for the quarter was up 17.8% compared to the same quarter last year. Advanced Energy Industries has set its Q1 2026 guidance at 1.690-2.190 EPS. As a group, equities research analysts forecast that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Monday, February 23rd will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $0.40 annualized dividend and a yield of 0.1%. Advanced Energy Industries’s dividend payout ratio is presently 10.47%.

Advanced Energy Industries Company 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.