Arrowstreet Capital Limited Partnership bought a new position in Aebi Schmidt Holding AG (NASDAQ:AEBI – Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 38,531 shares of the company’s stock, valued at approximately $374,000.
Other large investors have also recently made changes to their positions in the company. Leonteq Securities AG purchased a new stake in Aebi Schmidt in the 4th quarter worth $33,000. State of Alaska Department of Revenue acquired a new stake in Aebi Schmidt in the fourth quarter valued at approximately $41,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Aebi Schmidt in the fourth quarter valued at approximately $109,000. Cetera Investment Advisers acquired a new stake in Aebi Schmidt during the 1st quarter worth $117,000. Finally, Trexquant Investment LP acquired a new position in shares of Aebi Schmidt during the fourth quarter worth about $153,000.
Aebi Schmidt Price Performance
NASDAQ:AEBI opened at $13.11 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.99 and a debt-to-equity ratio of 0.69. The firm has a market cap of $1.02 billion and a P/E ratio of 109.25. Aebi Schmidt Holding AG has a 52-week low of $8.91 and a 52-week high of $15.96. The business’s 50-day moving average price is $12.51 and its 200 day moving average price is $12.65.
Aebi Schmidt Announces Dividend
The business also recently disclosed 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 annualized dividend and a dividend yield of 0.8%. Aebi Schmidt’s dividend payout ratio (DPR) is presently 83.33%.
Analyst Ratings Changes
A number of analysts recently commented on the company. Weiss Ratings upgraded Aebi Schmidt from a “sell (e)” rating to a “sell (d)” rating in a research report on Friday, May 15th. DA Davidson reiterated a “buy” rating and set a $15.00 target price on shares of Aebi Schmidt in a report on Monday, May 18th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $15.00.
Get Our Latest Stock Analysis on Aebi Schmidt
Insider Transactions at Aebi Schmidt
In other Aebi Schmidt news, CEO Steffen Schewerda purchased 5,000 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were purchased at an average price of $11.68 per share, for a total transaction of $58,400.00. Following the completion of the purchase, the chief executive officer directly owned 75,375 shares of the company’s stock, valued at approximately $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 is accessible through this hyperlink. Also, Director Patrick Francois Schaub purchased 6,500 shares of the stock in a transaction on Friday, May 15th. The stock was bought at an average price of $11.41 per share, for a total transaction of $74,165.00. Following the completion of the transaction, the director directly owned 49,963 shares of the company’s stock, valued at approximately $570,077.83. This trade represents a 14.96% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 22,000 shares of company stock worth $252,965 over the last quarter. 39.10% of the stock is owned by company insiders.
Aebi Schmidt 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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