Congruence Capital LLC Makes New Investment in Aebi Schmidt Holding AG $AEBI

Congruence Capital LLC purchased a new position in Aebi Schmidt Holding AG (NASDAQ:AEBIFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 331,715 shares of the company’s stock, valued at approximately $4,196,000. Aebi Schmidt makes up approximately 1.5% of Congruence Capital LLC’s holdings, making the stock its 21st largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vontobel Holding Ltd. grew its stake in Aebi Schmidt by 2.0% in the 4th quarter. Vontobel Holding Ltd. now owns 367,137 shares of the company’s stock worth $4,644,000 after buying an additional 7,199 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Aebi Schmidt in the 4th quarter worth approximately $1,345,000. Wells Fargo & Company MN grew its stake in Aebi Schmidt by 48.1% in the 4th quarter. Wells Fargo & Company MN now owns 41,666 shares of the company’s stock worth $527,000 after buying an additional 13,527 shares in the last quarter. Loomis Sayles & Co. L P grew its stake in Aebi Schmidt by 63.8% in the 4th quarter. Loomis Sayles & Co. L P now owns 934,224 shares of the company’s stock worth $11,818,000 after buying an additional 363,890 shares in the last quarter. Finally, 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 worth $1,528,000 after buying an additional 2,412 shares in the last quarter.

Insider Activity

In other news, CEO Steffen Schewerda purchased 5,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was bought at an average cost of $11.68 per share, for a total transaction of $58,400.00. Following the acquisition, the chief executive officer directly owned 75,375 shares of the company’s stock, valued at $880,380. This represents a 7.10% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Henning Schroeder purchased 3,000 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were 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 $689,300. The trade was a 5.17% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have purchased 22,000 shares of company stock valued at $252,965. 39.10% of the stock is owned by corporate insiders.

Aebi Schmidt Stock Performance

Shares of Aebi Schmidt stock opened at $12.34 on Friday. Aebi Schmidt Holding AG has a 52-week low of $8.91 and a 52-week high of $83.26. The stock has a market cap of $956.42 million and a PE ratio of 102.83. The firm has a fifty day simple moving average of $11.68. 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 (NASDAQ:AEBIGet Free Report) last announced its quarterly earnings data on Friday, May 15th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). Aebi Schmidt had a net margin of 0.48% and a return on equity of 1.19%. The business had revenue of $455.55 million during the quarter. On average, equities research analysts forecast that Aebi Schmidt Holding AG will post 0.62 earnings per share for the current fiscal year.

Aebi Schmidt Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Friday, June 5th will be paid 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 83.33%.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Weiss Ratings raised shares of Aebi Schmidt from a “sell (e)” rating to a “sell (d)” rating in a research note on Friday, May 15th. DA Davidson reaffirmed a “buy” rating and issued a $15.00 price objective on shares of Aebi Schmidt in a research note on Monday, May 18th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $15.00.

View Our Latest Stock Report on AEBI

Aebi Schmidt Company Profile

(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.

See Also

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Institutional Ownership by Quarter for Aebi Schmidt (NASDAQ:AEBI)

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