Aebi Schmidt Holding AG (AEBI) to Issue Quarterly Dividend of $0.03 on December 17th

Aebi Schmidt Holding AG (NASDAQ:AEBI) declared a quarterly dividend on Thursday, October 22nd. Stockholders of record on Thursday, November 12th will be paid a dividend of $0.0250 per share on Thursday, December 17th. This represents a $0.10 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Thursday, November 12th.

Aebi Schmidt Stock Up 2.1%

AEBI stock opened at $11.41 on Tuesday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.98 and a quick ratio of 1.14. The stock has a market capitalization of $885.42 million, a P/E ratio of 36.34 and a beta of 2.43. The business has a fifty day moving average price of $11.51 and a 200-day moving average price of $12.34. Aebi Schmidt has a 1-year low of $8.91 and a 1-year high of $15.96.

Aebi Schmidt (NASDAQ:AEBI) last announced its quarterly earnings results on Friday, August 14th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. The firm 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 in the prior year, the firm earned ($0.06) earnings per share. Equities analysts forecast that Aebi Schmidt will post 0.69 earnings per share for the current fiscal year.

Institutional Trading of Aebi Schmidt

A number of institutional investors have recently made changes to their positions in the business. Swiss National Bank grew its holdings in shares of Aebi Schmidt by 2.5% during the first quarter. Swiss National Bank now owns 76,500 shares of the company’s stock worth $743,000 after buying an additional 1,900 shares in the last quarter. Glenmede Trust Co. NA boosted its holdings in Aebi Schmidt by 25.7% during the 1st quarter. Glenmede Trust Co. NA now owns 14,161 shares of the company’s stock valued at $138,000 after acquiring an additional 2,898 shares during the period. State of Alaska Department of Revenue raised its position in Aebi Schmidt by 93.5% in the 3rd quarter. State of Alaska Department of Revenue now owns 6,359 shares of the company’s stock valued at $66,000 after purchasing an additional 3,072 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Aebi Schmidt by 12.8% during the 1st quarter. Bank of America Corp DE now owns 59,990 shares of the company’s stock worth $583,000 after acquiring an additional 6,787 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in shares of Aebi Schmidt by 56.7% during the first quarter. The Manufacturers Life Insurance Company now owns 19,360 shares of the company’s stock worth $188,000 after purchasing an additional 7,005 shares in the last quarter.

About Aebi Schmidt

Aebi Schmidt is a Switzerland-based provider of intelligent solutions for maintaining clean, safe and accessible transport infrastructure. The company develops, manufactures and services specialized equipment and systems used by public authorities, airports, road operators, contractors and other infrastructure organizations.

Its product portfolio includes snowplows, spreaders and other winter-service equipment; street sweepers and cleaning systems; airport runway maintenance vehicles; and equipment for vegetation management and surface maintenance.