Gamco Investors INC. ET AL Sells 136,609 Shares of Aebi Schmidt Holding AG $AEBI

Gamco Investors INC. ET AL reduced its stake in shares of Aebi Schmidt Holding AG (NASDAQ:AEBI - Free Report) by 37.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 232,000 shares of the company's stock after selling 136,609 shares during the quarter. Gamco Investors INC. ET AL owned approximately 0.30% of Aebi Schmidt worth $2,253,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in AEBI. Loomis Sayles & Co. L P raised its holdings in Aebi Schmidt by 63.8% in the fourth quarter. Loomis Sayles & Co. L P now owns 934,224 shares of the company's stock worth $11,818,000 after purchasing an additional 363,890 shares in the last quarter. Congruence Capital LLC bought a new stake in shares of Aebi Schmidt in the 4th quarter valued at about $4,196,000. Medina Value Partners LLC boosted its holdings in shares of Aebi Schmidt by 22.8% in the 4th quarter. Medina Value Partners LLC now owns 1,432,510 shares of the company's stock valued at $18,121,000 after buying an additional 265,838 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Aebi Schmidt by 213.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 356,314 shares of the company's stock worth $4,507,000 after buying an additional 242,485 shares during the last quarter. Finally, Atom Investors LP purchased a new position in shares of Aebi Schmidt in the 4th quarter worth approximately $2,248,000.

Aebi Schmidt Price Performance

Shares of AEBI stock opened at $13.16 on Tuesday. Aebi Schmidt Holding AG has a fifty-two week low of $8.91 and a fifty-two week high of $15.96. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.14 and a current ratio of 1.99. The firm has a market capitalization of $1.02 billion and a price-to-earnings ratio of 109.67. The stock's 50-day simple moving average is $12.35 and its 200-day simple moving average is $12.72.

Aebi Schmidt (NASDAQ:AEBI - Get Free Report) last announced its quarterly earnings data on Friday, May 15th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). The company had revenue of $455.55 million during the quarter. Aebi Schmidt had a net margin of 0.48% and a return on equity of 1.19%. As a group, equities analysts forecast that Aebi Schmidt Holding AG will post 0.68 earnings per share for the current fiscal year.

Aebi Schmidt Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 20th will be issued a $0.025 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.8%. Aebi Schmidt's dividend payout ratio (DPR) is currently 83.33%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on AEBI shares. Weiss Ratings raised shares of Aebi Schmidt from a "sell (e)" rating to a "sell (d)" rating in a research report on Friday, May 15th. DA Davidson reaffirmed a "buy" rating and set a $15.00 price target on shares of Aebi Schmidt in a research report on Monday, May 18th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $15.00.

Insider Activity at Aebi Schmidt

In related news, CEO Steffen Schewerda acquired 5,000 shares of the stock in a transaction dated Tuesday, May 19th. The stock was acquired at an average cost of $11.68 per share, for a total transaction of $58,400.00. Following the completion of the purchase, the chief executive officer owned 75,375 shares of the company's stock, valued at approximately $880,380. This represents a 7.10% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Henning Schroeder bought 3,000 shares of the business's stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average cost of $11.30 per share, for a total transaction of $33,900.00. Following the completion of the transaction, the chief executive officer owned 61,000 shares in the company, valued at $689,300. This trade represents a 5.17% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have acquired 22,000 shares of company stock valued at $252,965. 39.10% of the stock is currently owned by corporate insiders.

About Aebi Schmidt

Aebi Schmidt is a Swiss-based company that designs, manufactures and services specialized equipment for municipal and commercial surface maintenance. The company’s offerings focus on machines and attachment systems used for snow-clearing, street sweeping, vegetation management, and related upkeep of roads, paths and public spaces. Aebi Schmidt supplies complete vehicle systems as well as modular implements that can be mounted on carriers for year‑round use.

Product lines typically include multi‑purpose maintenance vehicles, snowplows and salt spreaders, street sweepers, mowers and verge management tools, plus a range of hydraulic attachments and consumable parts.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.