Aebi Schmidt (NASDAQ:AEBI) Director Buys $74,165.00 in Stock

Aebi Schmidt Holding AG (NASDAQ:AEBI) Director Patrick Francois Schaub acquired 6,500 shares of Aebi Schmidt stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average cost of $11.41 per share, with a total value of $74,165.00. Following the purchase, the director owned 49,963 shares in the company, valued at $570,077.83. The trade was a 14.96% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Aebi Schmidt Trading Down 3.3%

AEBI stock opened at $11.86 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.14 and a current ratio of 1.99. Aebi Schmidt Holding AG has a 1 year low of $8.91 and a 1 year high of $83.26. The firm has a fifty day simple moving average of $11.31. The firm has a market cap of $919.27 million and a price-to-earnings ratio of 98.83.

Aebi Schmidt (NASDAQ:AEBI) last released its quarterly earnings data on Friday, May 15th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.01). Aebi Schmidt had a net margin of 0.48% and a return on equity of 1.19%. The business had revenue of $455.55 million during the quarter. As a group, analysts forecast that Aebi Schmidt Holding AG will post 0.62 EPS for the current fiscal year.

Aebi Schmidt Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in AEBI. JPMorgan Chase & Co. bought a new position in shares of Aebi Schmidt during the 3rd quarter worth about $695,000. State of Alaska Department of Revenue bought a new position in shares of Aebi Schmidt during the 4th quarter worth about $41,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of Aebi Schmidt during the 4th quarter worth about $109,000. First Eagle Investment Management LLC increased its holdings in shares of Aebi Schmidt by 4.0% during the 4th quarter. First Eagle Investment Management LLC now owns 306,389 shares of the company’s stock worth $3,876,000 after purchasing an additional 11,900 shares during the period. Finally, Pacific Ridge Capital Partners LLC increased its holdings in shares of Aebi Schmidt by 4.7% during the 4th quarter. Pacific Ridge Capital Partners LLC now owns 80,698 shares of the company’s stock worth $1,021,000 after purchasing an additional 3,590 shares during the period.

Analyst Ratings Changes

Several brokerages recently commented on AEBI. Weiss Ratings upgraded shares of Aebi Schmidt from a “sell (e)” rating to a “sell (d)” rating in a report on Friday, May 15th. DA Davidson reiterated a “buy” rating and issued a $15.00 target price on shares of Aebi Schmidt in a report on Monday. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $15.00.

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.