Renaissance Technologies LLC Buys 59,000 Shares of Aebi Schmidt Holding AG $AEBI

Renaissance Technologies LLC raised its stake in Aebi Schmidt Holding AG (NASDAQ:AEBI) by 70.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 142,200 shares of the company’s stock after buying an additional 59,000 shares during the period. Renaissance Technologies LLC’s holdings in Aebi Schmidt were worth $1,381,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. State of Alaska Department of Revenue acquired a new position in shares of Aebi Schmidt during the fourth quarter worth $41,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of Aebi Schmidt during the 4th quarter valued at $109,000. First Eagle Investment Management LLC boosted its holdings in shares of Aebi Schmidt by 4.0% during the 4th quarter. First Eagle Investment Management LLC now owns 306,389 shares of the company’s stock valued at $3,876,000 after acquiring an additional 11,900 shares in the last quarter. Pacific Ridge Capital Partners LLC grew its position in Aebi Schmidt by 4.7% during the 4th quarter. Pacific Ridge Capital Partners LLC now owns 80,698 shares of the company’s stock worth $1,021,000 after acquiring an additional 3,590 shares during the last quarter. Finally, Leonteq Securities AG bought a new stake in Aebi Schmidt during the 4th quarter worth $33,000.

Analyst Ratings Changes

Several equities analysts have commented on the company. DA Davidson reiterated a “buy” rating and issued a $15.00 target price on shares of Aebi Schmidt in a research report on Monday, May 18th. Weiss Ratings upgraded Aebi Schmidt from a “sell (e)” rating to a “sell (d)” rating in a report on Friday, May 15th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $15.00.

Insider Buying and Selling

In related news, CEO Henning Schroeder purchased 3,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was bought at an average price of $11.30 per share, with a total value of $33,900.00. Following the completion of the purchase, the chief executive officer owned 61,000 shares in the company, valued at approximately $689,300. This represents a 5.17% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Steffen Schewerda purchased 5,000 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The stock was bought at an average cost of $11.68 per share, with a total value of $58,400.00. Following the purchase, the chief executive officer owned 75,375 shares of the company’s stock, valued at approximately $880,380. This trade represents a 7.10% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have bought 22,000 shares of company stock worth $252,965. Corporate insiders own 39.10% of the company’s stock.

Aebi Schmidt Price Performance

Shares of NASDAQ:AEBI opened at $12.99 on Thursday. The firm has a market cap of $1.01 billion and a PE ratio of 108.25. The firm’s fifty day moving average is $12.54 and its 200-day moving average is $12.60. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.14 and a current ratio of 1.99. 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 posted its quarterly earnings data on Friday, May 15th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). The company had revenue of $455.55 million during the quarter. Aebi Schmidt had a net margin of 0.48% and a return on equity of 1.19%. Sell-side analysts predict that Aebi Schmidt Holding AG will post 0.68 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 issued 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 payout ratio is presently 83.33%.

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.