Advanced Energy Industries (NASDAQ:AEIS) Cut to Hold at Zacks Research

Zacks Research lowered shares of Advanced Energy Industries (NASDAQ:AEIS) from a strong-buy rating to a hold rating in a report published on Thursday,Zacks.com reports.

A number of other brokerages have also weighed in on AEIS. TD Cowen reiterated a “hold” rating on shares of Advanced Energy Industries in a research report on Wednesday, February 11th. Wells Fargo & Company increased their target price on shares of Advanced Energy Industries from $300.00 to $340.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 7th. Robert W. Baird increased their target price on shares of Advanced Energy Industries from $315.00 to $360.00 and gave the stock an “outperform” rating in a research report on Monday, March 30th. Needham & Company LLC increased their target price on shares of Advanced Energy Industries from $290.00 to $330.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Finally, Bank of America increased their target price on shares of Advanced Energy Industries from $260.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Advanced Energy Industries currently has an average rating of “Moderate Buy” and an average target price of $322.50.

Advanced Energy Industries Stock Up 1.2%

Shares of NASDAQ:AEIS opened at $379.64 on Thursday. The firm has a market capitalization of $14.37 billion, a PE ratio of 99.38, a P/E/G ratio of 2.78 and a beta of 1.35. Advanced Energy Industries has a twelve month low of $82.64 and a twelve month high of $385.97. The company has a 50-day moving average price of $317.43 and a two-hundred day moving average price of $248.54.

Advanced Energy Industries (NASDAQ:AEIS) last issued its earnings results on Tuesday, February 10th. The electronics maker reported $1.94 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.18. The firm had revenue of $489.40 million during the quarter, compared to analyst estimates of $473.12 million. Advanced Energy Industries had a net margin of 8.25% and a return on equity of 15.72%. The company’s quarterly revenue was up 17.8% on a year-over-year basis. During the same quarter last year, the business earned $1.30 earnings per share. Advanced Energy Industries has set its Q1 2026 guidance at 1.690-2.190 EPS. Analysts anticipate 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 disclosed a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, February 23rd were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, February 23rd. Advanced Energy Industries’s dividend payout ratio (DPR) is 10.47%.

Insider Buying and Selling

In other news, EVP Paul R. Oldham sold 4,314 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $315.99, for a total value of $1,363,180.86. Following the completion of the transaction, the executive vice president directly owned 22,217 shares in the company, valued at approximately $7,020,349.83. This trade represents a 16.26% 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 Brian Shirley sold 1,234 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $310.19, for a total transaction of $382,774.46. Following the completion of the transaction, the director owned 5,584 shares of the company’s stock, valued at $1,732,100.96. This trade represents a 18.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 57,512 shares of company stock valued at $18,210,172 in the last three months. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Advanced Energy Industries

Large investors have recently modified their holdings of the company. Kemnay Advisory Services Inc. bought a new position in shares of Advanced Energy Industries in the fourth quarter valued at approximately $25,000. Private Trust Co. NA boosted its position in shares of Advanced Energy Industries by 92.4% in the third quarter. Private Trust Co. NA now owns 152 shares of the electronics maker’s stock valued at $26,000 after acquiring an additional 73 shares during the period. Farther Finance Advisors LLC raised its stake in Advanced Energy Industries by 203.5% in the third quarter. Farther Finance Advisors LLC now owns 173 shares of the electronics maker’s stock valued at $29,000 after purchasing an additional 116 shares in the last quarter. Bayforest Capital Ltd purchased a new stake in Advanced Energy Industries in the fourth quarter valued at approximately $29,000. Finally, Twin Tree Management LP purchased a new stake in Advanced Energy Industries in the fourth quarter valued at approximately $32,000. 99.67% of the stock is currently owned by 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.