Aebi Schmidt (NASDAQ:AEBI) Stock: Insider Henning Schroeder Buys 1,156 Shares

Aebi Schmidt Holding AG (NASDAQ:AEBI) CEO Henning Schroeder purchased 1,156 shares of the company’s stock in a transaction that occurred on Thursday, November 12th. The shares were acquired at an average cost of $10.50 per share, with a total value of $12,138.00. Following the completion of the acquisition, the chief executive officer directly 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 acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Aebi Schmidt Price Performance

AEBI traded up $0.12 during trading on Friday, hitting $10.36. The company’s stock had a trading volume of 432,087 shares, compared to its average volume of 249,774. The firm’s 50 day moving average price is $11.36 and its two-hundred day moving average price is $12.26. 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 12 month low of $8.91 and a 12 month high of $15.96. The stock has a market capitalization of $803.97 million, a price-to-earnings ratio of 23.55 and a beta of 2.43.

Aebi Schmidt (NASDAQ:AEBI) last posted its quarterly earnings data on Wednesday, November 11th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.08). The business had revenue of $493.11 million during the quarter. Aebi Schmidt had a return on equity of 3.76% and a net margin of 1.56%. Sell-side analysts forecast that Aebi Schmidt Holding AG will post 0.64 earnings per share for the current fiscal year.

Aebi Schmidt Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Investors of record on Thursday, November 12th will be given a dividend of $0.0250 per share. The ex-dividend date is Thursday, November 12th. This represents a $0.10 annualized dividend and a yield of 1.0%. Aebi Schmidt’s dividend payout ratio is 22.73%.

Analysts Set New Price Targets

AEBI has been the subject of several research reports. DA Davidson raised their price objective on shares of Aebi Schmidt from $15.00 to $17.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Roth Capital reaffirmed a “buy” rating and issued a $17.00 target price on shares of Aebi Schmidt in a research note on Friday, August 14th. Finally, Weiss Ratings lowered shares of Aebi Schmidt from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $17.00.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Pzena Investment Management LLC acquired a new stake in shares of Aebi Schmidt in the 2nd quarter valued at $54,208,000. BlackRock Inc. bought a new stake in shares of Aebi Schmidt during the second quarter worth $40,634,000. Medina Value Partners LLC acquired a new position in shares of Aebi Schmidt during the second quarter valued at $23,893,104. NewEdge Wealth LLC acquired a new position in shares of Aebi Schmidt during the second quarter valued at $10,980,000. Finally, Ancora Advisors LLC acquired a new position in shares of Aebi Schmidt during the second quarter valued at $9,750,000.

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.