Renaissance Technologies LLC Has $1.38 Million Stock Position in Aebi Schmidt Holding AG $AEBI

Renaissance Technologies LLC raised its stake in Aebi Schmidt Holding AG (NASDAQ:AEBI) by 70.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 142,200 shares of the company’s stock after acquiring an additional 59,000 shares during the quarter. Renaissance Technologies LLC owned about 0.18% of Aebi Schmidt worth $1,381,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Leonteq Securities AG bought a new position in shares of Aebi Schmidt during the fourth quarter worth approximately $33,000. State of Alaska Department of Revenue bought a new stake in Aebi Schmidt in the 4th quarter valued at $41,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in Aebi Schmidt during the 4th quarter worth $109,000. Cetera Investment Advisers acquired a new stake in shares of Aebi Schmidt during the first quarter worth $117,000. Finally, Trexquant Investment LP acquired a new stake in shares of Aebi Schmidt during the fourth quarter worth $153,000.

Analysts Set New Price Targets

AEBI has been the subject of several analyst reports. 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 restated a “buy” rating and set a $15.00 target price on shares of Aebi Schmidt in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $15.00.

Aebi Schmidt Trading Up 0.9%

Shares of Aebi Schmidt stock opened at $12.99 on Thursday. 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 Holding AG has a 12-month low of $8.91 and a 12-month high of $15.96. The company has a market capitalization of $1.01 billion and a price-to-earnings ratio of 108.25. The firm’s 50-day moving average price is $12.54 and its two-hundred day moving average price is $12.60.

Aebi Schmidt (NASDAQ:AEBI) last issued its earnings results on Friday, May 15th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). The firm had revenue of $455.55 million during the quarter. Aebi Schmidt had a net margin of 0.48% and a return on equity of 1.19%. On average, analysts forecast that Aebi Schmidt Holding AG will post 0.68 earnings per share for the current fiscal year.

Aebi Schmidt Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 20th will be paid a dividend of $0.025 per share. The ex-dividend date is Thursday, August 20th. This represents a $0.10 annualized dividend and a yield of 0.8%. Aebi Schmidt’s dividend payout ratio is presently 83.33%.

Insiders Place Their Bets

In other Aebi Schmidt news, CEO Henning Schroeder bought 3,000 shares of Aebi Schmidt stock in a transaction 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 acquisition, the chief executive officer owned 61,000 shares in the company, valued at $689,300. This trade represents a 5.17% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Marco Portmann purchased 5,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was acquired at an average price of $11.31 per share, for a total transaction of $56,550.00. Following the purchase, the chief financial officer owned 30,000 shares in the company, valued at approximately $339,300. The trade was a 20.00% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought 22,000 shares of company stock valued at $252,965 over the last ninety days. Company insiders own 39.10% of the company’s stock.

Aebi Schmidt 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.