Medina Value Partners LLC Takes $23.89 Billion Position in Aebi Schmidt Holding AG $AEBI

Medina Value Partners LLC purchased a new position in shares of Aebi Schmidt Holding AG (NASDAQ:AEBIFree Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,903,833 shares of the company’s stock, valued at approximately $23,893,104,000. Aebi Schmidt accounts for about 4.7% of Medina Value Partners LLC’s investment portfolio, making the stock its 10th biggest position.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Pzena Investment Management LLC acquired a new stake in Aebi Schmidt in the second quarter worth $54,208,000. BlackRock Inc. bought a new position in shares of Aebi Schmidt during the second quarter worth about $40,634,000. Loomis Sayles & Co. L P grew its position in shares of Aebi Schmidt by 63.8% during the fourth quarter. Loomis Sayles & Co. L P now owns 934,224 shares of the company’s stock worth $11,818,000 after acquiring an additional 363,890 shares during the last quarter. NewEdge Wealth LLC acquired a new stake in shares of Aebi Schmidt in the 2nd quarter worth about $10,980,000. Finally, Ancora Advisors LLC acquired a new stake in shares of Aebi Schmidt in the 2nd quarter worth about $9,750,000.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Roth Capital reissued a “buy” rating and set a $17.00 target price on shares of Aebi Schmidt in a research note on Friday, August 14th. Weiss Ratings restated a “sell (d)” rating on shares of Aebi Schmidt in a research note on Wednesday, August 12th. Finally, DA Davidson lifted their price target on Aebi Schmidt from $15.00 to $17.00 and gave the company a “buy” rating in a report on Friday, August 14th. Two analysts have 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 an average rating of “Hold” and an average target price of $17.00.

Get Our Latest Report on AEBI

Aebi Schmidt Trading Up 1.2%

NASDAQ:AEBI opened at $12.36 on Wednesday. The stock has a market cap of $959.14 million and a price-to-earnings ratio of 38.62. 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 1 year low of $8.91 and a 1 year high of $15.96. The business has a fifty day moving average of $12.61 and a 200-day moving average of $12.48.

Aebi Schmidt (NASDAQ:AEBIGet Free Report) last issued its quarterly earnings data 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 business 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 prior year, the firm earned ($0.06) earnings per share. Equities analysts predict that Aebi Schmidt Holding AG will post 0.69 earnings per share for the current 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 paid 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 yield of 0.8%. Aebi Schmidt’s dividend payout ratio (DPR) is presently 31.25%.

Aebi Schmidt Profile

(Free Report)

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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Institutional Ownership by Quarter for Aebi Schmidt (NASDAQ:AEBI)

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