Aebi Schmidt Holding AG (NASDAQ:AEBI – Get Free Report) saw unusually-high trading volume on Thursday . 904,104 shares were traded during trading, an increase of 206% from the previous session’s volume of 295,106 shares.The stock last traded at $12.2350 and had previously closed at $12.35.
Analysts Set New Price Targets
Several equities analysts recently commented on the company. Roth Capital reiterated a “buy” rating and issued a $17.00 price objective on shares of Aebi Schmidt in a research note on Friday, August 14th. Weiss Ratings reissued a “sell (d)” rating on shares of Aebi Schmidt in a research report on Wednesday, August 12th. Finally, DA Davidson boosted their target price on Aebi Schmidt from $15.00 to $17.00 and gave the company a “buy” rating in a research note on Friday, August 14th. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $17.00.
Get Our Latest Stock Analysis on Aebi Schmidt
Aebi Schmidt Stock Down 0.9%
Aebi Schmidt (NASDAQ:AEBI – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The company had revenue of $496.41 million during the quarter. Aebi Schmidt had a net margin of 1.09% and a return on equity of 2.59%. During the same quarter last year, the business posted ($0.06) earnings per share. As a group, sell-side analysts expect that Aebi Schmidt Holding AG will post 0.69 EPS for the current fiscal year.
Aebi Schmidt Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 20th will be paid 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 is currently 31.25%.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in AEBI. Intech Investment Management LLC grew its holdings in shares of Aebi Schmidt by 14.7% during the fourth quarter. Intech Investment Management LLC now owns 12,375 shares of the company’s stock worth $157,000 after purchasing an additional 1,584 shares in the last quarter. Deutsche Bank AG raised its stake in Aebi Schmidt by 6.5% in the fourth quarter. Deutsche Bank AG now owns 26,876 shares of the company’s stock valued at $340,000 after purchasing an additional 1,652 shares in the last quarter. Swiss National Bank raised its stake in Aebi Schmidt by 2.5% in the first quarter. Swiss National Bank now owns 76,500 shares of the company’s stock valued at $743,000 after purchasing an additional 1,900 shares in the last quarter. Nuveen LLC lifted its position in Aebi Schmidt by 2.0% during the fourth quarter. Nuveen LLC now owns 120,783 shares of the company’s stock valued at $1,528,000 after purchasing an additional 2,412 shares during the last quarter. Finally, Leonteq Securities AG bought a new stake in Aebi Schmidt during the fourth quarter valued at approximately $33,000.
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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