Meros Investment Management LP grew its holdings in shares of Aebi Schmidt Holding AG (NASDAQ:AEBI – Free Report) by 57.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 141,322 shares of the company’s stock after purchasing an additional 51,322 shares during the quarter. Meros Investment Management LP owned about 0.18% of Aebi Schmidt worth $1,788,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. Intech Investment Management LLC raised its holdings in shares of Aebi Schmidt by 14.7% during the 4th quarter. Intech Investment Management LLC now owns 12,375 shares of the company’s stock valued at $157,000 after purchasing an additional 1,584 shares in the last quarter. Deutsche Bank AG raised its holdings in shares of Aebi Schmidt by 6.5% during the 4th 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. Nuveen LLC grew its stake in Aebi Schmidt by 2.0% in the 4th quarter. Nuveen LLC now owns 120,783 shares of the company’s stock valued at $1,528,000 after buying an additional 2,412 shares during the last quarter. Leonteq Securities AG acquired a new position in Aebi Schmidt in the 4th quarter valued at $33,000. Finally, State of Alaska Department of Revenue acquired a new position in Aebi Schmidt in the 4th quarter valued at $41,000.
Aebi Schmidt Trading Down 1.1%
Shares of AEBI stock opened at $12.20 on Tuesday. Aebi Schmidt Holding AG has a twelve month low of $8.91 and a twelve month high of $83.26. The stock has a market cap of $945.62 million and a PE ratio of 101.67. The stock has a fifty day moving average price of $11.73. The company has a quick ratio of 1.14, a current ratio of 1.99 and a debt-to-equity ratio of 0.69.
Aebi Schmidt Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Friday, June 5th will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, June 5th. Aebi Schmidt’s dividend payout ratio is currently 83.33%.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on AEBI. Weiss Ratings upgraded shares of Aebi Schmidt from a “sell (e)” rating to a “sell (d)” rating in a research note on Friday, May 15th. DA Davidson reiterated a “buy” rating and issued a $15.00 target price on shares of Aebi Schmidt in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $15.00.
View Our Latest Stock Analysis on AEBI
Insider Transactions at Aebi Schmidt
In other news, CEO Steffen Schewerda bought 5,000 shares of the stock in a transaction on Tuesday, May 19th. The stock was acquired at an average cost of $11.68 per share, for a total transaction of $58,400.00. Following the acquisition, the chief executive officer owned 75,375 shares of the company’s stock, valued at $880,380. This represents a 7.10% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Henning Schroeder bought 3,000 shares of the stock in a transaction on Friday, May 15th. The stock was purchased at an average price of $11.30 per share, with a total value of $33,900.00. Following the completion of the acquisition, the chief executive officer directly owned 61,000 shares in the company, valued at approximately $689,300. This trade represents a 5.17% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 22,000 shares of company stock valued at $252,965 over the last 90 days. 39.10% of the stock is owned by corporate insiders.
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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