Neuberger Berman Group 13F: Cuts AEIS Stake by $62M

Neuberger Berman Group has reduced its holdings in Advanced Energy Industries, Inc. (NasdaqGS: AEIS) by 170,410 shares, according to its latest 13F filing with the SEC. This cut represents a 22.6% decrease in its position, leaving Neuberger Berman with 583,343 shares valued at approximately $217.3 million as of the reporting period.

What Changed in Neuberger Berman's Advanced Energy Position

Neuberger Berman's recent filing shows a significant reduction in its stake in Advanced Energy Industries. The firm trimmed its holdings from 753,753 shares to 583,343 shares, a decrease of 170,410 shares or 22.6%. The remaining shares are worth about $217.3 million, based on the latest filing.

Other Institutional Activity in Advanced Energy

In other institutional activity, BlackRock, Inc. increased its holdings by 385,714 shares, bringing its total to 6,470,740 shares valued at approximately $2.09 billion. Invesco Ltd. also added 258,729 shares, now holding 1,832,738 shares worth around $591.4 million. Conversely, FMR LLC reduced its stake by 285,971 shares, leaving it with 1,586,650 shares valued at $512 million. State Street Corp slightly reduced its position by 86,752 shares, ending with 1,451,136 shares valued at $468.3 million.

Advanced Energy Industries, Inc. Stock Up 44.8%

Shares of Advanced Energy Industries, Inc. traded near $372.59. The company boasts a market capitalization of about $14.9 billion and a P/E ratio of 77.6, indicating a premium valuation. Its forward P/E is 31.6. The stock's beta is 1.295, suggesting moderate volatility. It has a 52-week range of $126.10 to $397.44, with moving averages of $348.41 (50-day) and $265.35 (200-day). The company maintains a current ratio of 1.588 and a quick ratio of 1.076, with a debt-to-equity ratio of 49.343.

Recent Earnings

Advanced Energy Industries reported revenues of $1.91 billion, reflecting a growth rate of 26.3%. The company achieved an EPS of $4.80, with a net margin of 10% and a return on equity of 14.7%. The next earnings release is scheduled for August 4, 2026.

Dividend

Advanced Energy pays an annual dividend of $0.40 per share, yielding 0.11%. Its dividend payout ratio is a conservative 8.32%, with the next ex-dividend date yet to be announced.

Insider Buying and Selling at Advanced Energy Industries, Inc.

On June 15, 2026, Brian Shirley sold 1,234 shares at an average price of $372.35 as part of a planned transaction. Earlier, on May 7, 2026, multiple insiders including Anne DeSanto, Lanesha Minnix, and Frederick Ball each purchased 587 shares, though the transaction prices were not specified.

Analysts Set New Price Targets

Analyst activity remains strong for Advanced Energy. On June 11, 2026, Cantor Fitzgerald initiated coverage with a buy rating and a $400 price target. Citigroup maintained its buy rating with a $410 target on May 6, 2026. Other firms like TD Cowen and Wells Fargo maintained hold ratings with targets of $350 and $345, respectively. The consensus among analysts is a buy recommendation, with a mean price target of $394.50 based on 10 analyst opinions.

About Advanced Energy Industries, Inc.

Advanced Energy Industries, Inc. specializes in precision power conversion and control solutions. The company serves a variety of industries, including semiconductor manufacturing and data centers. Headquartered in Denver, Colorado, Advanced Energy employs about 13,000 people and is led by CEO Stephen D. Kelley. Its products are used globally across a range of high-tech applications, including plasma processes and industrial production.

Bottom Line

Neuberger Berman's reduction in Advanced Energy Industries highlights the dynamic nature of institutional investments. While 13F filings provide valuable insights, they are backward-looking and may not reflect current positions. Investors and analysts continue to watch Advanced Energy for its performance in the competitive electrical equipment sector.