Shares of Aebi Schmidt Holding AG (NASDAQ:AEBI – Get Free Report) saw strong trading volume on Thursday after the company announced better than expected quarterly earnings. 468,554 shares changed hands during trading, an increase of 67% from the previous session’s volume of 280,257 shares.The stock last traded at $14.4540 and had previously closed at $12.99.
The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. Aebi Schmidt had a return on equity of 1.19% and a net margin of 0.48%.The firm had revenue of $496.41 million for the quarter.
Aebi Schmidt Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, August 20th. Aebi Schmidt’s payout ratio is presently 83.33%.
Wall Street Analyst Weigh In
Read Our Latest Analysis on Aebi Schmidt
Insider Transactions at Aebi Schmidt
In other news, CFO Marco Portmann purchased 5,000 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average price of $11.31 per share, for a total transaction of $56,550.00. Following the completion of the transaction, the chief financial officer directly owned 30,000 shares in the company, valued at $339,300. This represents a 20.00% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, CEO Steffen Schewerda purchased 5,000 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were purchased at an average cost of $11.68 per share, with a total value of $58,400.00. Following the purchase, the chief executive officer directly owned 75,375 shares in the company, valued at approximately $880,380. The trade was a 7.10% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased a total of 22,000 shares of company stock worth $252,965 over the last ninety days. 39.10% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Congruence Capital LLC purchased a new stake in shares of Aebi Schmidt during the fourth quarter worth about $4,196,000. Medina Value Partners LLC lifted its stake in shares of Aebi Schmidt by 22.8% during the fourth quarter. Medina Value Partners LLC now owns 1,432,510 shares of the company’s stock valued at $18,121,000 after buying an additional 265,838 shares during the period. Meros Investment Management LP lifted its stake in shares of Aebi Schmidt by 57.0% during the fourth quarter. Meros Investment Management LP now owns 141,322 shares of the company’s stock valued at $1,788,000 after buying an additional 51,322 shares during the period. Kennedy Capital Management LLC boosted its position in Aebi Schmidt by 57.6% during the fourth quarter. Kennedy Capital Management LLC now owns 456,087 shares of the company’s stock worth $5,770,000 after acquiring an additional 166,709 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its position in Aebi Schmidt by 383.5% during the first quarter. Janus Henderson Group PLC now owns 77,708 shares of the company’s stock worth $755,000 after acquiring an additional 61,636 shares during the last quarter.
Aebi Schmidt Price Performance
The stock has a market capitalization of $1.11 billion and a PE ratio of 119.34. The company has a current ratio of 1.99, a quick ratio of 1.14 and a debt-to-equity ratio of 0.69. The company’s 50 day simple moving average is $12.54 and its 200 day simple moving average is $12.60.
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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