Corient Private Wealth LP Invests $1.18 Million in Aebi Schmidt Holding AG $AEBI

Corient Private Wealth LP bought a new stake in Aebi Schmidt Holding AG (NASDAQ:AEBI) during the second quarter, Holdings Channel reports. The institutional investor bought 94,159 shares of the company’s stock, valued at approximately $1,182,000.

Other large investors have also recently bought and sold shares of the company. Leonteq Securities AG bought a new stake in Aebi Schmidt during the fourth quarter valued at about $33,000. Cetera Investment Advisers acquired a new stake in shares of Aebi Schmidt in the first quarter valued at approximately $117,000. Amundi bought a new stake in Aebi Schmidt during the 1st quarter worth about $118,000. Glenmede Trust Co. NA grew its stake in shares of Aebi Schmidt by 25.7% during the first quarter. Glenmede Trust Co. NA now owns 14,161 shares of the company’s stock worth $138,000 after purchasing an additional 2,898 shares during the period. Finally, Trexquant Investment LP bought a new stake in shares of Aebi Schmidt in the 4th quarter valued at about $153,000.

Aebi Schmidt Trading Up 3.0%

NASDAQ:AEBI opened at $12.95 on Friday. The firm has a market cap of $1.00 billion, a price-to-earnings ratio of 40.47 and a beta of 2.43. The firm has a 50-day moving average price of $12.60 and a two-hundred day moving average price of $12.34. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.14 and a current ratio of 1.98. Aebi Schmidt Holding AG has a 52 week low of $8.91 and a 52 week high of $15.96.

Aebi Schmidt (NASDAQ:AEBI) last released its earnings results on Thursday, August 13th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The firm had revenue of $496.41 million for the quarter. Aebi Schmidt had a net margin of 1.09% and a return on equity of 2.59%. During the same quarter in the previous year, the firm earned ($0.06) earnings per share. On average, equities analysts expect that Aebi Schmidt Holding AG will post 0.69 earnings per share for the current fiscal year.

Aebi Schmidt Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, August 20th will be given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, August 20th. Aebi Schmidt’s payout ratio is presently 31.25%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Weiss Ratings upgraded Aebi Schmidt from a “sell (d)” rating to a “hold (c-)” rating in a report on Wednesday, August 26th. Roth Capital reissued a “buy” rating and issued a $17.00 target price on shares of Aebi Schmidt in a report on Friday, August 14th. Finally, DA Davidson upped their price target on shares of Aebi Schmidt from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $17.00.

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.