Pzena Investment Management LLC Sells 139,522 Shares of Aebi Schmidt Holding AG $AEBI

Pzena Investment Management LLC reduced its stake in Aebi Schmidt Holding AG (NASDAQ:AEBIFree Report) by 3.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,110,850 shares of the company’s stock after selling 139,522 shares during the quarter. Pzena Investment Management LLC owned approximately 0.05% of Aebi Schmidt worth $39,916,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Leonteq Securities AG bought a new stake in shares of Aebi Schmidt in the 4th quarter worth $33,000. State of Alaska Department of Revenue bought a new position in shares of Aebi Schmidt during the fourth quarter valued at about $41,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of Aebi Schmidt during the fourth quarter valued at about $109,000. Trexquant Investment LP purchased a new position in Aebi Schmidt during the fourth quarter worth about $153,000. Finally, Intech Investment Management LLC grew its position in Aebi Schmidt by 14.7% in 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 in the last quarter.

Aebi Schmidt Stock Down 1.7%

NASDAQ AEBI opened at $12.34 on Thursday. The firm’s 50-day simple moving average is $12.06. The stock has a market capitalization of $956.47 million and a P/E ratio of 102.83. Aebi Schmidt Holding AG has a 52 week low of $8.91 and a 52 week high of $33.00. 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 (NASDAQ:AEBIGet Free Report) last issued its earnings results 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). The business had revenue of $455.55 million for the quarter. Aebi Schmidt had a net margin of 0.48% and a return on equity of 1.19%. As a group, equities research analysts anticipate that Aebi Schmidt Holding AG will post 0.62 EPS for the current year.

Aebi Schmidt Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Friday, June 5th were given 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 was Friday, June 5th. Aebi Schmidt’s dividend payout ratio (DPR) is 83.33%.

Analyst Ratings Changes

Several equities research analysts have commented on AEBI shares. Weiss Ratings upgraded 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 target price on shares of Aebi Schmidt in a report on Monday, May 18th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $15.00.

View Our Latest Stock Report on Aebi Schmidt

Insider Activity

In related news, CFO Marco Portmann acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average cost of $11.31 per share, for a total transaction of $56,550.00. Following the completion of the transaction, the chief financial officer owned 30,000 shares in the company, valued at approximately $339,300. This trade represents a 20.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Henning Schroeder purchased 3,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was bought at an average cost of $11.30 per share, for a total transaction of $33,900.00. Following the acquisition, the chief executive officer directly owned 61,000 shares in the company, valued at approximately $689,300. The trade was a 5.17% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought 22,000 shares of company stock valued at $252,965 over the last 90 days. Company insiders own 39.10% of the company’s stock.

Aebi Schmidt 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.

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

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