Aebi Schmidt (NASDAQ:AEBI) CEO Henning Schroeder Purchases 1,156 Shares of Company Stock

Key Points

• CEO Henning Schroeder bought 1,156 shares at $10.50 each, a $12,138 purchase, increasing his ownership to 70,000 shares.
• Aebi Schmidt reported quarterly EPS of $0.14, missing analyst expectations of $0.22; quarterly revenue was $493.11 million.
• The company declared a quarterly dividend of $0.025 per share, equivalent to an annualized yield of about 1.0%. Analysts’ consensus rating was Hold, with a $17 average price target.

Aebi Schmidt Holding AG (NASDAQ:AEBI - Get Free Report) CEO Henning Schroeder purchased 1,156 shares of the business's stock in a transaction on Thursday, November 12th. The stock was purchased at an average cost of $10.50 per share, with a total value of $12,138.00. Following the acquisition, the chief executive officer owned 70,000 shares in the company, valued at approximately $735,000. This represents a 1.68% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Aebi Schmidt Stock Performance

Shares of AEBI stock traded up $0.12 during mid-day trading on Friday, reaching $10.36. The stock had a trading volume of 422,504 shares, compared to its average volume of 304,517. The firm's 50 day simple moving average is $11.40 and its 200 day simple moving average is $12.28. The company has a quick ratio of 1.14, a current ratio of 1.98 and a debt-to-equity ratio of 0.67. Aebi Schmidt Holding AG has a one year low of $8.91 and a one year high of $15.96. The firm has a market cap of $803.94 million, a PE ratio of 23.55 and a beta of 2.43.

Aebi Schmidt (NASDAQ:AEBI - Get Free Report) last released its quarterly earnings data on Wednesday, November 11th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($0.08). Aebi Schmidt had a net margin of 1.56% and a return on equity of 3.76%. The firm had revenue of $493.11 million for the quarter. On average, analysts forecast that Aebi Schmidt Holding AG will post 0.69 EPS for the current year.

Aebi Schmidt Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, November 12th will be issued a dividend of $0.0250 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, November 12th. Aebi Schmidt's dividend payout ratio (DPR) is presently 25.00%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on AEBI shares. DA Davidson upped their target price on shares of Aebi Schmidt from $15.00 to $17.00 and gave the company a "buy" rating in a research note on Friday, August 14th. Roth Capital reissued a "buy" rating and set a $17.00 price target on shares of Aebi Schmidt in a report on Friday, August 14th. Finally, Weiss Ratings cut shares of Aebi Schmidt from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $17.00.

Institutional Trading of Aebi Schmidt

Large investors have recently made changes to their positions in the business. Swiss National Bank raised its stake in shares of Aebi Schmidt by 2.5% in the first quarter. Swiss National Bank now owns 76,500 shares of the company's stock worth $743,000 after acquiring an additional 1,900 shares during the last quarter. Glenmede Trust Co. NA raised its position in Aebi Schmidt by 25.7% in the 1st quarter. Glenmede Trust Co. NA now owns 14,161 shares of the company's stock worth $138,000 after purchasing an additional 2,898 shares during the last quarter. State of Alaska Department of Revenue lifted its holdings in Aebi Schmidt by 93.5% during the 3rd quarter. State of Alaska Department of Revenue now owns 6,359 shares of the company's stock worth $66,000 after buying an additional 3,072 shares in the last quarter. Voya Investment Management LLC lifted its holdings in Aebi Schmidt by 4.7% during the 3rd quarter. Voya Investment Management LLC now owns 124,101 shares of the company's stock worth $1,313,000 after buying an additional 5,600 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in Aebi Schmidt by 12.8% in the 1st quarter. Bank of America Corp DE now owns 59,990 shares of the company's stock valued at $583,000 after buying an additional 6,787 shares during the last quarter.

About Aebi Schmidt

Aebi Schmidt develops and manufactures specialized vehicles and equipment for road maintenance, snow and ice control, airport operations, and other municipal and infrastructure applications. Its products include snowplows and spreaders, street sweepers, airport snow-clearing and deicing equipment, and compact vehicles and machinery for challenging terrain. The company serves public agencies, airports, contractors, and other commercial customers, with operations and markets across North America and Europe.

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