234,969 Shares in Aebi Schmidt Holding AG $AEBI Purchased by Orchard Capital Management LLC

Key Points

• Orchard Capital Management acquired 234,969 Aebi Schmidt shares worth approximately $2.95 million, while several other major funds—including Pzena Investment Management and BlackRock—also initiated positions during the second quarter.
• Aebi Schmidt reported quarterly EPS of $0.14, exceeding the $0.13 consensus estimate, on revenue of $496.41 million. Analysts expect full-year EPS of $0.69.
• The stock recently traded at $12.32 and rose 3.4%; analysts’ average rating is “Hold” with a $17 price target. The company also announced a quarterly dividend of $0.025 per share, equivalent to a 0.8% annual yield.

Orchard Capital Management LLC acquired a new position in shares of Aebi Schmidt Holding AG (NASDAQ:AEBI - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 234,969 shares of the company's stock, valued at approximately $2,949,000. Aebi Schmidt makes up 2.9% of Orchard Capital Management LLC's holdings, making the stock its 14th largest position. Orchard Capital Management LLC owned 0.30% of Aebi Schmidt at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. NewEdge Wealth LLC purchased a new position in shares of Aebi Schmidt in the second quarter valued at approximately $10,980,000. Pzena Investment Management LLC acquired a new stake in shares of Aebi Schmidt in the second quarter worth approximately $54,208,000. BlackRock Inc. purchased a new stake in shares of Aebi Schmidt during the second quarter worth approximately $40,634,000. Deutsche Bank AG purchased a new stake in shares of Aebi Schmidt during the second quarter worth approximately $477,000. Finally, Bank of New York Mellon Corp acquired a new position in Aebi Schmidt in the 2nd quarter valued at $1,266,000.

Aebi Schmidt Trading Up 3.4%

AEBI opened at $12.32 on Friday. The firm has a market capitalization of $956.03 million and a price-to-earnings ratio of 38.50. The company's 50 day simple moving average is $12.61 and its two-hundred day simple moving average is $12.54. Aebi Schmidt Holding AG has a 1-year low of $8.91 and a 1-year high of $15.96. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.98 and a quick ratio of 1.14.

Aebi Schmidt (NASDAQ:AEBI - Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.01. Aebi Schmidt had a return on equity of 2.59% and a net margin of 1.09%.The business had revenue of $496.41 million during the quarter. During the same quarter last year, the company earned ($0.06) earnings per share. Analysts expect that Aebi Schmidt Holding AG will post 0.69 EPS for the current fiscal year.

Aebi Schmidt Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Roth Capital restated a "buy" rating and issued a $17.00 price objective on shares of Aebi Schmidt in a report on Friday, August 14th. DA Davidson upped their target price 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. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of Aebi Schmidt in a research report on Wednesday, August 12th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average 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.

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