Pzena Investment Management LLC acquired a new stake in Aebi Schmidt Holding AG (NASDAQ:AEBI – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 4,319,337 shares of the company’s stock, valued at approximately $54,208,000. Pzena Investment Management LLC owned 0.06% of Aebi Schmidt at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in AEBI. BlackRock Inc. bought a new stake in shares of Aebi Schmidt during the 2nd quarter worth $40,634,000. Loomis Sayles & Co. L P grew its position in Aebi Schmidt by 63.8% during the fourth quarter. Loomis Sayles & Co. L P now owns 934,224 shares of the company’s stock valued at $11,818,000 after buying an additional 363,890 shares during the period. Congruence Capital LLC purchased a new stake in Aebi Schmidt during the fourth quarter worth about $4,196,000. Medina Value Partners LLC increased its holdings in Aebi Schmidt by 22.8% during the fourth quarter. Medina Value Partners LLC now owns 1,432,510 shares of the company’s stock worth $18,121,000 after buying an additional 265,838 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Aebi Schmidt by 213.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 356,314 shares of the company’s stock worth $4,507,000 after acquiring an additional 242,485 shares during the period.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on AEBI shares. DA Davidson boosted their target price on shares of Aebi Schmidt from $15.00 to $17.00 and gave the company a “buy” rating in a research note on Friday. Roth Capital restated a “buy” rating and set a $17.00 price target on shares of Aebi Schmidt in a research note on Friday. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Aebi Schmidt in a report on Wednesday, August 12th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Aebi Schmidt presently has an average rating of “Hold” and an average target price of $17.00.
Aebi Schmidt Stock Down 2.4%
AEBI stock opened at $12.40 on Tuesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.14 and a current ratio of 1.98. The company has a market capitalization of $962.24 million and a price-to-earnings ratio of 38.75. Aebi Schmidt Holding AG has a fifty-two week low of $8.91 and a fifty-two week high of $15.96. The stock has a fifty day moving average of $12.61 and a 200-day moving average of $12.58.
Aebi Schmidt (NASDAQ:AEBI – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01. Aebi Schmidt had a return on equity of 2.59% and a net margin of 1.09%.The company had revenue of $496.41 million during the quarter. During the same period last year, the business posted ($0.06) EPS. As a group, equities research analysts predict that Aebi Schmidt Holding AG will post 0.63 earnings per share for the current year.
Aebi Schmidt Announces Dividend
The firm 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 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, August 20th. Aebi Schmidt’s dividend payout ratio (DPR) is currently 31.25%.
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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