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 firm’s stock in a transaction that occurred on Thursday, November 12th. The stock was purchased at an average price of $10.50 per share, for a total transaction of $12,138.00. Following the acquisition, the chief executive officer owned 70,000 shares of the company’s stock, valued at $735,000. The trade was a 1.68% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Aebi Schmidt Trading Up 1.2%

NASDAQ:AEBI traded up $0.12 on Friday, hitting $10.36. 422,504 shares of the stock were exchanged, compared to its average volume of 304,517. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.14 and a current ratio of 1.98. Aebi Schmidt Holding AG has a 52 week low of $8.91 and a 52 week high of $15.96. The stock has a market capitalization of $803.94 million, a price-to-earnings ratio of 23.55 and a beta of 2.43. The company’s 50-day moving average price is $11.40 and its 200 day moving average price is $12.28.

Aebi Schmidt (NASDAQ:AEBI) last issued its earnings results on Wednesday, November 11th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.08). Aebi Schmidt had a net margin of 1.56% and a return on equity of 3.76%. The business had revenue of $493.11 million during the quarter. On average, equities research analysts forecast that Aebi Schmidt Holding AG will post 0.69 earnings per share for the current year.

Aebi Schmidt Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders 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 dividend yield of 1.0%. Aebi Schmidt’s payout ratio is presently 25.00%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Weiss Ratings downgraded Aebi Schmidt from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday. DA Davidson lifted their price objective on Aebi Schmidt from $15.00 to $17.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Finally, Roth Capital reiterated a “buy” rating and issued a $17.00 price objective on shares of Aebi Schmidt in a report on Friday, August 14th. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $17.00.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. First Trust Advisors LP grew its holdings in Aebi Schmidt by 49.3% during the third quarter. First Trust Advisors LP now owns 259,106 shares of the company’s stock valued at $2,741,000 after purchasing an additional 85,588 shares during the period. Voya Investment Management LLC increased its stake in Aebi Schmidt by 4.7% in the third quarter. Voya Investment Management LLC now owns 124,101 shares of the company’s stock valued at $1,313,000 after purchasing an additional 5,600 shares in the last quarter. Hollow Brook Wealth Management LLC acquired a new stake in Aebi Schmidt in the third quarter worth $280,000. State of Alaska Department of Revenue raised its holdings in Aebi Schmidt by 93.5% in the third quarter. State of Alaska Department of Revenue now owns 6,359 shares of the company’s stock worth $66,000 after purchasing an additional 3,072 shares during the period. Finally, Ulrich Consultants & Investment Group LLC bought a new position in shares of Aebi Schmidt during the third quarter worth $106,000.

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.