State Street 13F: Cuts AEIS Stake by $32M

State Street trimmed its position in Advanced Energy Industries, Inc. (NASDAQ: AEIS) by 5.6% during the period ending May 15, 2026. The institutional investment manager disclosed in its quarterly filing with the Securities and Exchange Commission that it sold 86,752 shares. This adjustment left the firm with 1,451,136 shares of the company's stock, carrying a market value of $530.74 million at the close of the reporting period.

Because 13F filings are backward-looking and reflect holdings as of a specific historical date, this snapshot may not represent the investor's current position today.

How State Street Managed Its AEIS Position

As a massive passive and index-tracking manager, State Street regularly adjusts its holdings to align with index weightings rather than reflecting a direct shift in sentiment. This 5.6% reduction scaled back its position from a previous count of 1,537,888 shares. Even with this reduction, State Street remains one of the prominent institutional backers of the company, holding a stake worth more than half a billion dollars.

Advanced Energy Stock Price and Market Metrics

Shares of Advanced Energy Industries closed at $365.74 on Sunday. The stock is trading above its 50-day moving average of $292.02 and is trading above its 200-day moving average of $302.31. Over the past 52 weeks, the stock has traded between a low of $163.13 and a high of $397.44. The company currently has a trailing P/E ratio of 48.39, while its forward P/E ratio stands at 17.30, pointing to higher expected earnings in the future.

Recent Earnings

Advanced Energy Industries reported revenue of $2.04 billion in its latest financial cycle, representing revenue growth of 0.3%. The company posted earnings per share of $5.43, alongside a net margin of 10.77% and a return on equity of 16.27%. Investors are looking forward to the company's next earnings date, which is scheduled for November 3, 2026.

Dividend

Advanced Energy Industries continues to pay an annual dividend to its shareholders. The company has an annual dividend rate of $0.40 per share, which translates to a dividend yield of 0.15%. The dividend payout ratio is currently 7.38%, showing that the firm uses only a small fraction of its earnings to cover the dividend.

Insider Buying and Selling at Advanced Energy Industries, Inc.

Insider transactions can offer clues about how executives view the company's current valuation. On June 15, 2026, insider Brian Shirley sold 1,234 shares of stock. The shares were sold at an average price of $372.35, resulting in a total transaction value of $459,479.90. This sale was executed under a pre-arranged Rule 10b5-1 trading plan, which allows insiders to set up a predetermined schedule for selling shares to avoid conflicts of interest.

Wall Street Analyst Ratings

Wall Street firms have kept a generally positive outlook on the company through the summer. On August 5, 2026, Seaport Global upgraded the shares to a Buy rating, setting a target price of $410. On August 4, 2026, TD Cowen maintained its Hold rating but bumped its price target up to $370. That same day, Citigroup maintained its Buy rating with a target of $460, while Morgan Stanley maintained its Overweight rating with a target of $439. Needham also reiterated a Buy rating on August 4, 2026, with a target price of $400. Across 12 analyst opinions, the stock carries a consensus mean price target of $429.08.

Powering High-Tech Industries

Advanced Energy Industries designs and builds highly specialized power conversion, measurement, and control systems. Its technology is a key component in manufacturing semiconductors, flat-panel displays, and thin-film coatings, as well as powering critical systems in medical equipment and data centers. State Street's position adjustment reflects standard portfolio rebalancing rather than a fundamental concern over these industrial markets.

Next Steps for AEIS Investors

Market observers will want to watch how the company performs when it reports its next quarterly earnings on November 3, 2026. Future 13F filings in the coming quarters will also reveal whether other major institutional funds are following State Street's lead by trimming their exposure or if they are taking advantage of the stock's steady position above its moving averages to buy more shares.