Aebi Schmidt Holding AG (NASDAQ:AEBI – Get Free Report) shares saw strong trading volume on Thursday . 904,104 shares traded hands during trading, an increase of 206% from the previous session’s volume of 295,106 shares.The stock last traded at $12.2350 and had previously closed at $12.35.
Analysts Set New Price Targets
A number of analysts recently weighed in on AEBI shares. DA Davidson raised their price target on shares of Aebi Schmidt from $15.00 to $17.00 and gave the company a “buy” rating in a report on Friday, August 14th. Weiss Ratings upgraded Aebi Schmidt from a “sell (d)” rating to a “hold (c-)” rating in a research report on Wednesday. Finally, Roth Capital reaffirmed a “buy” rating and set a $17.00 price objective on shares of Aebi Schmidt in a research note on Friday, August 14th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $17.00.
View Our Latest Stock Report on AEBI
Aebi Schmidt Stock Performance
Aebi Schmidt (NASDAQ:AEBI – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.01. The firm had revenue of $496.41 million during the quarter. Aebi Schmidt had a return on equity of 2.59% and a net margin of 1.09%.During the same period in the prior year, the firm earned ($0.06) earnings per share. On average, analysts forecast that Aebi Schmidt Holding AG will post 0.69 earnings per share for the current year.
Aebi Schmidt Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 20th. Aebi Schmidt’s payout ratio is presently 31.25%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in AEBI. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in Aebi Schmidt during the fourth quarter worth $109,000. First Eagle Investment Management LLC boosted its position in shares of Aebi Schmidt by 4.0% during the fourth quarter. First Eagle Investment Management LLC now owns 306,389 shares of the company’s stock valued at $3,876,000 after buying an additional 11,900 shares during the last quarter. Pacific Ridge Capital Partners LLC grew its stake in shares of Aebi Schmidt by 4.7% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 80,698 shares of the company’s stock worth $1,021,000 after acquiring an additional 3,590 shares in the last quarter. Leonteq Securities AG bought a new position in shares of Aebi Schmidt during the 4th quarter worth approximately $33,000. Finally, Intech Investment Management LLC boosted its position in Aebi Schmidt by 14.7% in the fourth quarter. Intech Investment Management LLC now owns 12,375 shares of the company’s stock worth $157,000 after purchasing an additional 1,584 shares during the last quarter.
Aebi Schmidt Company Profile
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.
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