Orchard Capital Management LLC bought a new stake in Aebi Schmidt Holding AG (NASDAQ:AEBI – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 234,969 shares of the company’s stock, valued at approximately $2,949,000. Aebi Schmidt comprises 2.9% of Orchard Capital Management LLC’s investment portfolio, making the stock its 14th biggest position.
Several other hedge funds have also made changes to their positions in the company. Pzena Investment Management LLC acquired a new stake in shares of Aebi Schmidt during the 2nd quarter worth approximately $54,208,000. BlackRock Inc. purchased a new stake in shares of Aebi Schmidt during the 2nd quarter valued at approximately $40,634,000. NewEdge Wealth LLC acquired a new position in Aebi Schmidt in the second quarter valued at approximately $10,980,000. Loomis Sayles & Co. L P lifted its holdings in Aebi Schmidt by 63.8% in the fourth quarter. Loomis Sayles & Co. L P now owns 934,224 shares of the company’s stock valued at $11,818,000 after acquiring an additional 363,890 shares during the last quarter. Finally, Congruence Capital LLC purchased a new position in Aebi Schmidt in the fourth quarter worth approximately $4,196,000.
Aebi Schmidt Price Performance
Shares of AEBI opened at $12.32 on Friday. The firm has a 50-day simple moving average of $12.61 and a two-hundred day simple moving average of $12.54. The stock has a market cap of $956.03 million and a PE ratio of 38.50. Aebi Schmidt Holding AG has a 1-year low of $8.91 and a 1-year high of $15.96. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.98 and a quick ratio of 1.14.
Aebi Schmidt Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 20th will be paid 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 is 31.25%.
Analyst Ratings Changes
Several research firms have issued reports on AEBI. DA Davidson raised their target price on Aebi Schmidt from $15.00 to $17.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Aebi Schmidt in a research note on Wednesday, August 12th. Finally, Roth Capital reiterated a “buy” rating and set a $17.00 price target on shares of Aebi Schmidt in a report on Friday, August 14th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Aebi Schmidt has an average rating of “Hold” and a consensus price target of $17.00.
View Our Latest Stock 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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