Insider Buying: Aebi Schmidt (NASDAQ:AEBI) CEO Buys $33,900.00 in Stock

Aebi Schmidt Holding AG (NASDAQ:AEBIGet Free Report) CEO Henning Schroeder acquired 3,000 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was bought at an average cost of $11.30 per share, with a total value of $33,900.00. Following the completion of the transaction, the chief executive officer directly owned 61,000 shares in the company, valued at $689,300. The trade was a 5.17% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Aebi Schmidt Stock Down 3.3%

Shares of Aebi Schmidt stock opened at $11.86 on Friday. The stock has a market cap of $919.27 million and a price-to-earnings ratio of 98.83. The company has a quick ratio of 1.14, a current ratio of 1.99 and a debt-to-equity ratio of 0.69. The firm has a 50 day moving average of $11.31. Aebi Schmidt Holding AG has a 52 week low of $8.91 and a 52 week high of $83.26.

Aebi Schmidt (NASDAQ:AEBIGet 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, research analysts anticipate that Aebi Schmidt Holding AG will post 0.62 earnings per share for the current fiscal year.

Aebi Schmidt Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Friday, June 5th will be given a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, June 5th. Aebi Schmidt’s dividend payout ratio (DPR) is presently 83.33%.

Hedge Funds Weigh In On Aebi Schmidt

Several hedge funds and other institutional investors have recently bought and sold shares of AEBI. Loomis Sayles & Co. L P increased its holdings in Aebi Schmidt by 63.8% in the 4th quarter. Loomis Sayles & Co. L P now owns 934,224 shares of the company’s stock worth $11,818,000 after buying an additional 363,890 shares during the period. Congruence Capital LLC acquired a new position in Aebi Schmidt in the 4th quarter worth approximately $4,196,000. Medina Value Partners LLC increased its holdings in Aebi Schmidt by 22.8% in the 4th quarter. Medina Value Partners LLC now owns 1,432,510 shares of the company’s stock worth $18,121,000 after buying an additional 265,838 shares during the period. Goldman Sachs Group Inc. increased its holdings in 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 period. Finally, Atom Investors LP acquired a new position in Aebi Schmidt in the 4th quarter worth approximately $2,248,000.

Analysts Set New Price Targets

AEBI has been the subject of several research analyst reports. 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 issued a $15.00 price objective on shares of Aebi Schmidt in a research report on Monday. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $15.00.

Check Out Our Latest Research Report on Aebi Schmidt

About Aebi Schmidt

(Get Free Report)

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.

Further Reading

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