SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 9.3% Stake in Advanced Energy Industries Inc.
Beneficial Ownership Disclosure
FMR LLC and its Chairman and CEO, Abigail P. Johnson, have disclosed a beneficial ownership of 9.3% in Advanced Energy Industries Inc., totaling 3,525,082.05 common shares, as of March 31, 2025.
Summary
- FMR LLC and Abigail P. Johnson collectively beneficially own 3,525,082.05 shares of Advanced Energy Industries Inc. common stock.
- This ownership represents 9.3% of the total outstanding common stock of Advanced Energy Industries Inc.
- FMR LLC holds sole voting power over 3,517,885.88 shares and sole dispositive power over 3,525,082.05 shares.
- Abigail P. Johnson holds sole dispositive power over 3,525,082.05 shares.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
- Several FMR LLC subsidiaries, including Fidelity Management & Research Company LLC, are identified as entities beneficially owning shares, with Fidelity Management & Research Company LLC owning 5% or greater of the outstanding shares.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive as a major institutional investor is maintaining a significant stake, implying confidence in the company, and the holding is stated to be passive.
Positives
- A significant institutional investor, FMR LLC, and its key executive, Abigail P. Johnson, maintain a substantial 9.3% stake in Advanced Energy Industries Inc., indicating continued confidence in the company.
- The holding is stated to be for ordinary course of business, suggesting a long-term investment perspective rather than an activist stance.
Future Outlook
The document is a disclosure of beneficial ownership and does not provide forward-looking statements or guidance regarding Advanced Energy Industries Inc.'s future performance or strategic direction.
Management Comments
- "The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."
Industry Context
This filing reflects a routine disclosure by a major institutional asset manager, FMR LLC, regarding its significant passive investment in Advanced Energy Industries Inc. Such disclosures are common for large investment firms that cross beneficial ownership thresholds, indicating their portfolio positions rather than specific industry trends.
Comparison to Industry Standards
- This document is a standard beneficial ownership disclosure (Schedule 13G) and does not contain information suitable for direct comparison to specific company projects, results, or global benchmarks. It solely reports the ownership stake of FMR LLC and Abigail P. Johnson in Advanced Energy Industries Inc.
Related Party Transactions
- Abigail P. Johnson, as Director, Chairman, and CEO of FMR LLC, and a predominant owner of its voting shares, is considered a control person of FMR LLC, and her beneficial ownership is reported in conjunction with FMR LLC.
Stakeholder Impact
- Shareholders of Advanced Energy Industries Inc. may view the continued significant stake by a major institutional investor like FMR LLC as a sign of confidence in the company's long-term prospects.
Key Dates
| Date | Description |
|---|---|
| January 3, 2023 | Effective date of Power of Attorney for FMR LLC. |
| January 26, 2023 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 03/31/2025 | Date of event which requires filing of this statement (ownership threshold met/changed). |
| 05/09/2025 | Date of signature for the Schedule 13G filing. |
Keywords
Advanced Energy Industries Inc., FMR LLC, Abigail P. Johnson, Beneficial Ownership, SEC Filing, Schedule 13G, Common Stock, Institutional Investor, Equity Stake
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