Hardman Johnston Global Advisors highlighted Advanced Energy Industries as one of the leading contributors to its Large Cap Equity Strategy in the first quarter of 2026. The strategy returned 0.68% gross and 0.57% net, outperforming the S&P 500 Total Return Index which fell 4.33%. Advanced Energy Industries, a provider of precision power conversion and control solutions for semiconductor equipment and data centers, saw customer order growth adding to already strong backlogs. The firm stated it remains confident in the company's essential role for customers and solid growth prospects. Shares of Advanced Energy Industries gained 157.96% over the past 52 weeks and closed at $356.35 on July 1, 2026, with a market capitalization of $14.26 billion.
Advanced Energy Industries IncCustomer order growth adding to already strong backlogs