Pzena Investment Management LLC Makes New Investment in Aebi Schmidt Holding AG $AEBI

Key Points

• Pzena Investment Management acquired 4.32 million Aebi Schmidt shares worth approximately $54.2 million, giving it a 5.57% stake in the company.
• Analyst sentiment is mixed: DA Davidson and Roth Capital rate the stock “Buy” with $17 price targets, while Weiss Ratings maintains a “Sell” rating; the overall consensus is “Hold.”
• Aebi Schmidt reported quarterly EPS of $0.14, above the $0.13 estimate, on revenue of $496.4 million. The company also declared a quarterly dividend of $0.025 per share, representing a 0.8% annualized yield.

Pzena Investment Management LLC acquired a new stake in Aebi Schmidt Holding AG (NASDAQ:AEBI - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,319,337 shares of the company's stock, valued at approximately $54,208,000. Pzena Investment Management LLC owned approximately 5.57% of Aebi Schmidt at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Leonteq Securities AG bought a new stake in shares of Aebi Schmidt during the fourth quarter worth about $33,000. State of Alaska Department of Revenue bought a new position in Aebi Schmidt in the 4th quarter valued at about $41,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in Aebi Schmidt in the 4th quarter valued at about $109,000. Cetera Investment Advisers acquired a new position in Aebi Schmidt during the 1st quarter valued at about $117,000. Finally, Amundi acquired a new position in Aebi Schmidt during the 1st quarter valued at about $118,000.

Analysts Set New Price Targets

AEBI has been the subject of several analyst reports. DA Davidson increased their price objective on Aebi Schmidt from $15.00 to $17.00 and gave the stock a "buy" rating in a research note on Friday. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Aebi Schmidt in a research report on Wednesday, August 12th. Finally, Roth Capital reiterated a "buy" rating and set a $17.00 price target on shares of Aebi Schmidt in a report on Friday. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Aebi Schmidt has a consensus rating of "Hold" and an average price target of $17.00.

Aebi Schmidt Stock Performance

Shares of AEBI stock opened at $12.40 on Tuesday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.98 and a quick ratio of 1.14. The firm has a 50-day moving average of $12.61 and a 200-day moving average of $12.58. Aebi Schmidt Holding AG has a one year low of $8.91 and a one year high of $15.96. The company has a market cap of $962.24 million and a P/E ratio of 38.75.

Aebi Schmidt (NASDAQ:AEBI - Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01. Aebi Schmidt had a net margin of 1.09% and a return on equity of 2.59%. The business had revenue of $496.41 million for the quarter. During the same quarter last year, the firm posted ($0.06) earnings per share. Equities research analysts forecast that Aebi Schmidt Holding AG will post 0.63 EPS for the current fiscal year.

Aebi Schmidt Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.10 annualized dividend and a dividend yield of 0.8%. Aebi Schmidt's dividend payout ratio (DPR) is currently 31.25%.

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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