Janus Henderson Group PLC increased its holdings in shares of Aebi Schmidt Holding AG (NASDAQ:AEBI – Free Report) by 383.5% during the 1st quarter, HoldingsChannel reports. The fund owned 77,708 shares of the company’s stock after buying an additional 61,636 shares during the period. Janus Henderson Group PLC’s holdings in Aebi Schmidt were worth $755,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of AEBI. Leonteq Securities AG purchased a new position in shares of Aebi Schmidt during the fourth quarter valued at approximately $33,000. State of Alaska Department of Revenue purchased a new stake in shares of Aebi Schmidt in the 4th quarter worth approximately $41,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of Aebi Schmidt in the 4th quarter worth approximately $109,000. Cetera Investment Advisers bought a new position in Aebi Schmidt during the 1st quarter valued at approximately $117,000. Finally, Amundi bought a new position in Aebi Schmidt during the 1st quarter valued at approximately $118,000.
Aebi Schmidt Stock Down 2.7%
Aebi Schmidt stock opened at $12.75 on Tuesday. Aebi Schmidt Holding AG has a 12 month low of $8.91 and a 12 month high of $15.96. The stock has a fifty day simple moving average of $12.51 and a two-hundred day simple moving average of $12.63. 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 firm has a market cap of $988.25 million and a price-to-earnings ratio of 106.25.
Aebi Schmidt Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.8%. Aebi Schmidt’s payout ratio is currently 83.33%.
Insider Activity at Aebi Schmidt
In related news, CFO Marco Portmann bought 5,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average price of $11.31 per share, for a total transaction of $56,550.00. Following the completion of the acquisition, the chief financial officer owned 30,000 shares of the company’s stock, valued at $339,300. This trade represents a 20.00% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Steffen Schewerda bought 5,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was bought at an average cost of $11.68 per share, with a total value of $58,400.00. Following the transaction, the chief executive officer owned 75,375 shares in the company, valued at $880,380. This trade represents a 7.10% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought 22,000 shares of company stock valued at $252,965 over the last ninety days. Company insiders own 39.10% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on AEBI shares. DA Davidson reissued a “buy” rating and issued a $15.00 target price on shares of Aebi Schmidt in a report on Monday, May 18th. Weiss Ratings upgraded Aebi Schmidt from a “sell (e)” rating to a “sell (d)” rating in a report on Friday, May 15th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $15.00.
Read Our Latest Report on AEBI
About Aebi Schmidt
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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