Aebi Schmidt (NASDAQ:AEBI) Shares Down 5.9% – Here’s Why

Aebi Schmidt Holding AG (NASDAQ:AEBIGet Free Report) shares were down 5.9% during mid-day trading on Tuesday . The stock traded as low as $13.86 and last traded at $13.94. Approximately 49,590 shares traded hands during trading, a decline of 70% from the average daily volume of 167,215 shares. The stock had previously closed at $14.81.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Aebi Schmidt in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Read Our Latest Stock Analysis on Aebi Schmidt

Aebi Schmidt Stock Performance

The company has a current ratio of 2.10, a quick ratio of 1.22 and a debt-to-equity ratio of 0.77. The business’s 50 day simple moving average is $14.38. The firm has a market capitalization of $1.13 billion and a PE ratio of 41.86.

Aebi Schmidt Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, February 19th will be paid a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, February 19th. Aebi Schmidt’s payout ratio is currently 28.57%.

Hedge Funds Weigh In On Aebi Schmidt

Several large investors have recently bought and sold shares of AEBI. JPMorgan Chase & Co. acquired a new stake in shares of Aebi Schmidt in the 3rd quarter worth approximately $695,000. State of Alaska Department of Revenue bought a new stake in Aebi Schmidt during the fourth quarter worth approximately $41,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Aebi Schmidt in the fourth quarter worth approximately $109,000. First Eagle Investment Management LLC boosted its stake in Aebi Schmidt by 4.0% during the 4th 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 in the last quarter. Finally, Pacific Ridge Capital Partners LLC increased its position in shares of Aebi Schmidt by 4.7% during the 4th 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.

About Aebi Schmidt

(Get Free Report)

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.

Further Reading

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