Janus Henderson Group PLC Raises Position in Aebi Schmidt Holding AG $AEBI

Janus Henderson Group PLC boosted its holdings in Aebi Schmidt Holding AG (NASDAQ:AEBI) by 383.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 77,708 shares of the company’s stock after purchasing an additional 61,636 shares during the period. Janus Henderson Group PLC owned approximately 0.10% of Aebi Schmidt worth $755,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Leonteq Securities AG bought a new position in shares of Aebi Schmidt during the fourth quarter valued at about $33,000. State of Alaska Department of Revenue purchased a new stake in Aebi Schmidt during the 4th quarter valued at about $41,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in Aebi Schmidt during the 4th quarter valued at about $109,000. Cetera Investment Advisers bought a new position in Aebi Schmidt during the 1st quarter worth approximately $117,000. Finally, Amundi bought a new position in Aebi Schmidt during the 1st quarter worth approximately $118,000.

Aebi Schmidt Price Performance

Shares of AEBI stock opened at $12.75 on Tuesday. The firm has a market cap of $988.25 million and a P/E ratio of 106.25. Aebi Schmidt Holding AG has a fifty-two week low of $8.91 and a fifty-two week high of $15.96. The business’s 50 day moving average price is $12.51 and its 200-day moving average price is $12.63. 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 (NASDAQ:AEBI) last announced its earnings results on Friday, May 15th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter. On average, equities research analysts anticipate that Aebi Schmidt Holding AG will post 0.68 earnings per share for the current year.

Aebi Schmidt Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 20th will be issued a $0.025 dividend. The ex-dividend date is Thursday, August 20th. This represents a $0.10 annualized dividend and a yield of 0.8%. Aebi Schmidt’s dividend payout ratio (DPR) is 83.33%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on AEBI shares. Weiss Ratings upgraded Aebi Schmidt from a “sell (e)” rating to a “sell (d)” rating in a research report on Friday, May 15th. DA Davidson restated a “buy” rating and issued a $15.00 target price on shares of Aebi Schmidt in a report on Monday, May 18th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Aebi Schmidt has an average rating of “Hold” and a consensus price target of $15.00.

Insider Transactions at Aebi Schmidt

In other news, CEO Henning Schroeder bought 3,000 shares of Aebi Schmidt stock in a transaction on Friday, May 15th. The shares were purchased at an average price of $11.30 per share, for a total transaction of $33,900.00. Following the acquisition, the chief executive officer owned 61,000 shares of the company’s stock, valued at approximately $689,300. The trade was a 5.17% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Marco Portmann bought 5,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was purchased at an average cost of $11.31 per share, with a total value of $56,550.00. Following the transaction, the chief financial officer directly owned 30,000 shares in the company, valued at approximately $339,300. This represents a 20.00% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders acquired 22,000 shares of company stock valued at $252,965. Insiders own 39.10% of the company’s stock.

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.