Shares of Aebi Schmidt Holding AG (NASDAQ:AEBI – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $9.71, but opened at $9.38. Aebi Schmidt shares last traded at $9.7450, with a volume of 18,948 shares.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on the stock. DA Davidson reiterated a “buy” rating and set a $15.00 price objective on shares of Aebi Schmidt in a research report on Friday, March 20th. Weiss Ratings reiterated a “sell (e)” rating on shares of Aebi Schmidt in a research note on Friday. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Aebi Schmidt has an average rating of “Hold” and a consensus price target of $15.00.
View Our Latest Stock Report on Aebi Schmidt
Aebi Schmidt Stock Performance
Aebi Schmidt (NASDAQ:AEBI – Get Free Report) last issued its quarterly earnings results on Friday, March 20th. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.11). The business had revenue of $528.37 million for the quarter. Aebi Schmidt had a return on equity of 1.65% and a net margin of 0.64%.
Institutional Trading of Aebi Schmidt
Institutional investors have recently added to or reduced their stakes in the stock. SummitTX Capital L.P. bought a new position in Aebi Schmidt during the 4th quarter worth approximately $204,000. Millennium Management LLC acquired a new stake in shares of Aebi Schmidt during the fourth quarter worth $1,315,000. AQR Capital Management LLC raised its stake in Aebi Schmidt by 56.7% during the fourth quarter. AQR Capital Management LLC now owns 35,539 shares of the company’s stock worth $450,000 after buying an additional 12,859 shares during the last quarter. Trexquant Investment LP acquired a new position in Aebi Schmidt in the fourth quarter valued at $153,000. Finally, Russell Investments Group Ltd. boosted its position in Aebi Schmidt by 2.4% during the fourth quarter. Russell Investments Group Ltd. now owns 701,958 shares of the company’s stock valued at $8,880,000 after acquiring an additional 16,600 shares during the last quarter.
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.
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