Shares of Advanced Energy Industries, Inc. (NASDAQ: AEIS) have garnered a consensus rating of “Moderate Buy” from twelve analysts currently covering the company. According to data from MarketBeat.com, the average price target set by these analysts stands at $220.00 for the next year. The ratings breakdown includes five analysts recommending a hold, six suggesting a buy, and one issuing a strong buy rating.
Several firms have recently adjusted their price targets for Advanced Energy Industries. On November 5, 2023, Wells Fargo & Company raised its target from $175.00 to $215.00, maintaining an “equal weight” rating. Similarly, TD Cowen increased its price target from $140.00 to $210.00, while also issuing a hold recommendation. Stifel Nicolaus and Benchmark both provided optimistic updates, raising their targets to $230.00 and $225.00 respectively, along with buy ratings.
Recent Financial Performance
Advanced Energy Industries reported its earnings results on November 4, 2023, revealing earnings per share (EPS) of $1.74 for the most recent quarter. This figure exceeded analysts’ predictions of $1.47 by $0.27. The company achieved a revenue of $463.30 million, significantly surpassing the anticipated $441.54 million. This represents a year-over-year revenue increase of 23.8%. Notably, during the same quarter the previous year, the company reported an EPS of $0.98. For the fourth quarter of 2025, the company has set guidance at an EPS range of $1.50 to $2.00. Analysts predict that Advanced Energy Industries will post an EPS of $3.66 for the current fiscal year.
Dividend Announcement and Insider Trading
On another front, Advanced Energy Industries announced a quarterly dividend of $0.10 per share, which was paid on December 5, 2023. This dividend translates to an annualized payout of $0.40, yielding 0.2%. The ex-dividend date was set for November 24, 2023, with a payout ratio currently at 10.50%.
In insider trading news, Paul R. Oldham, Executive Vice President, sold 8,174 shares on November 19, 2023, at an average price of $203.11, totaling approximately $1.66 million. Following this transaction, he retains 24,792 shares valued at around $5.04 million. Additionally, Tina Donikowski, a company director, sold 2,257 shares on December 4, 2023, at an average price of $210.33, amounting to about $474,715.
Institutional Ownership Trends
Institutional trading of Advanced Energy Industries has also seen significant activity. Russell Investments Group Ltd. increased its stake by 26.0% during the first quarter, now holding 446 shares worth approximately $43,000. Other notable movements include Trexquant Investment LP, which acquired a new position valued at $3.79 million, and Baird Financial Group Inc., which raised its position by 42.0%. Currently, institutional investors and hedge funds own approximately 99.67% of Advanced Energy Industries’ stock.
Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy Industries is recognized as a global leader in precision power conversion and control solutions. The company designs a wide array of products, including high-voltage power supplies and measurement instruments, essential for sectors such as semiconductor fabrication and telecommunications.
