Advanced Energy Industries (NASDAQ:AEIS) Given New $340.00 Price Target at Wells Fargo & Company

Advanced Energy Industries (NASDAQ:AEIS) had its price objective boosted by Wells Fargo & Company from $300.00 to $340.00 in a research note issued to investors on Tuesday morning,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the electronics maker’s stock.

A number of other brokerages also recently issued reports on AEIS. TD Cowen reaffirmed a “hold” rating on shares of Advanced Energy Industries in a research report on Wednesday, February 11th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Advanced Energy Industries in a research report on Friday, March 27th. Bank of America lifted their price objective 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. Wall Street Zen raised shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Finally, Robert W. Baird lifted their price objective 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. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $322.50.

Advanced Energy Industries Stock Performance

Shares of AEIS opened at $339.32 on Tuesday. The company has a 50 day moving average price of $310.76 and a 200-day moving average price of $244.87. Advanced Energy Industries has a fifty-two week low of $78.26 and a fifty-two week high of $360.00. The stock has a market capitalization of $12.84 billion, a PE ratio of 88.83, a PEG ratio of 2.43 and a beta of 1.35.

Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings results on Tuesday, February 10th. The electronics maker reported $1.94 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.18. Advanced Energy Industries had a net margin of 8.25% and a return on equity of 15.72%. The firm had revenue of $489.40 million during the quarter, compared to analysts’ expectations of $473.12 million. During the same quarter in the prior year, the company earned $1.30 EPS. The company’s revenue 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. Equities research analysts forecast that Advanced Energy Industries will post 3.66 EPS for the current year.

Advanced Energy Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, February 23rd were issued a $0.10 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.1%. Advanced Energy Industries’s dividend payout ratio (DPR) is currently 10.47%.

Insiders Place Their Bets

In other Advanced Energy Industries news, Director Brian Shirley sold 1,234 shares of the firm’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $310.19, for a total value of $382,774.46. Following the completion of the transaction, the director owned 5,584 shares of the company’s stock, valued at approximately $1,732,100.96. This trade represents a 18.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Elizabeth Karpinski Vonne sold 964 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $328.42, for a total transaction of $316,596.88. Following the completion of the transaction, the executive vice president directly owned 11,683 shares of the company’s stock, valued at approximately $3,836,930.86. This represents a 7.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 57,512 shares of company stock valued at $18,210,172. Corporate insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in AEIS. Geode Capital Management LLC boosted its holdings in shares of Advanced Energy Industries by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 956,979 shares of the electronics maker’s stock valued at $200,393,000 after acquiring an additional 28,549 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Advanced Energy Industries by 2.2% in 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. Massachusetts Financial Services Co. MA boosted its holdings in shares of Advanced Energy Industries by 18.3% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 719,867 shares of the electronics maker’s stock valued at $122,478,000 after acquiring an additional 111,467 shares during the last quarter. GW&K Investment Management LLC boosted its holdings in shares of Advanced Energy Industries by 51.5% in the 3rd quarter. GW&K Investment Management LLC now owns 699,780 shares of the electronics maker’s stock valued at $119,062,000 after acquiring an additional 237,895 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Advanced Energy Industries in the 4th quarter valued at $123,403,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.

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.