Meros Investment Management LP increased its stake in shares of Aebi Schmidt Holding AG (NASDAQ:AEBI – Free Report) by 57.0% in the fourth quarter, HoldingsChannel reports. The firm owned 141,322 shares of the company’s stock after buying an additional 51,322 shares during the period. Meros Investment Management LP’s holdings in Aebi Schmidt were worth $1,788,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in the stock. Intech Investment Management LLC lifted its stake 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 worth $157,000 after purchasing an additional 1,584 shares during the last quarter. Deutsche Bank AG lifted its stake 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 worth $340,000 after purchasing an additional 1,652 shares during the last quarter. Nuveen LLC lifted its stake in shares of Aebi Schmidt by 2.0% during the 4th quarter. Nuveen LLC now owns 120,783 shares of the company’s stock worth $1,528,000 after purchasing an additional 2,412 shares during the last quarter. Leonteq Securities AG purchased a new stake in shares of Aebi Schmidt during the 4th quarter worth $33,000. Finally, State of Alaska Department of Revenue purchased a new stake in shares of Aebi Schmidt during the 4th quarter worth $41,000.
Aebi Schmidt Stock Performance
Aebi Schmidt stock opened at $12.20 on Tuesday. The company has a 50-day simple moving average of $11.73. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.14 and a current ratio of 1.99. Aebi Schmidt Holding AG has a one year low of $8.91 and a one year high of $83.26. The stock has a market capitalization of $945.62 million and a PE ratio of 101.67.
Aebi Schmidt Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Friday, June 5th will be issued a $0.025 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.8%. Aebi Schmidt’s dividend payout ratio is currently 83.33%.
Wall Street Analyst Weigh In
A number of equities research analysts have commented on the company. Weiss Ratings upgraded 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 price target on shares of Aebi Schmidt in a research note on Monday, May 18th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $15.00.
View Our Latest Research Report on Aebi Schmidt
Insider Transactions at Aebi Schmidt
In other news, CFO Marco Portmann acquired 5,000 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were acquired at an average cost of $11.31 per share, with a total value of $56,550.00. Following the completion of the acquisition, the chief financial officer owned 30,000 shares of the company’s stock, valued at approximately $339,300. This trade represents a 20.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Henning Schroeder acquired 3,000 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was purchased at an average cost of $11.30 per share, for a total transaction of $33,900.00. Following the completion of the acquisition, the chief executive officer directly owned 61,000 shares of the company’s stock, valued at approximately $689,300. This trade represents a 5.17% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 22,000 shares of company stock valued at $252,965 over the last three months. Company insiders own 39.10% of the company’s stock.
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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