Pzena Investment Management LLC Decreases Stock Holdings in Aebi Schmidt Holding AG $AEBI

Pzena Investment Management LLC trimmed its holdings in shares of Aebi Schmidt Holding AG (NASDAQ:AEBI) by 7.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 4,250,372 shares of the company’s stock after selling 328,450 shares during the period. Pzena Investment Management LLC owned approximately 0.05% of Aebi Schmidt worth $53,767,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of AEBI. JPMorgan Chase & Co. purchased a new stake in shares of Aebi Schmidt during the third quarter valued at approximately $695,000. State of Alaska Department of Revenue bought a new position in Aebi Schmidt during the fourth quarter valued at $41,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in Aebi Schmidt during the fourth quarter valued at $109,000. First Eagle Investment Management LLC grew its holdings in Aebi Schmidt by 4.0% during the fourth quarter. First Eagle Investment Management LLC now owns 306,389 shares of the company’s stock valued at $3,876,000 after purchasing an additional 11,900 shares during the period. Finally, Pacific Ridge Capital Partners LLC grew its holdings in Aebi Schmidt by 4.7% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 80,698 shares of the company’s stock valued at $1,021,000 after purchasing an additional 3,590 shares during the period.

Analysts Set New Price Targets

AEBI has been the subject of several research reports. DA Davidson reissued a “buy” rating and set a $15.00 price objective on shares of Aebi Schmidt in a report on Monday. Weiss Ratings raised Aebi Schmidt from a “sell (e)” rating to a “sell (d)” rating in a report on Friday, May 15th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $15.00.

Insider Buying and Selling

In related news, Director Patrick Francois Schaub purchased 6,500 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was purchased at an average cost of $11.41 per share, with a total value of $74,165.00. Following the completion of the acquisition, the director directly owned 49,963 shares of the company’s stock, valued at approximately $570,077.83. The trade was a 14.96% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Henning Schroeder purchased 3,000 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was bought at an average cost 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 of the company’s stock, valued at approximately $689,300. This trade represents a 5.17% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought 21,500 shares of company stock valued at $247,315 over the last three months. Insiders own 39.10% of the company’s stock.

Aebi Schmidt Price Performance

Aebi Schmidt stock opened at $11.86 on Friday. Aebi Schmidt Holding AG has a one year low of $8.91 and a one year high of $83.26. The stock has a fifty day moving average of $11.31. 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 company has a market capitalization of $919.27 million and a price-to-earnings ratio of 98.83.

Aebi Schmidt (NASDAQ:AEBI) last posted its quarterly earnings results on Friday, May 15th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). Aebi Schmidt had a return on equity of 1.19% and a net margin of 0.48%.The company had revenue of $455.55 million during the quarter. Sell-side analysts expect that Aebi Schmidt Holding AG will post 0.62 earnings per share for the current fiscal year.

Aebi Schmidt Dividend Announcement

The business also recently declared 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. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, June 5th. Aebi Schmidt’s dividend payout ratio (DPR) is presently 83.33%.

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.