Meros Investment Management LP Invests $5.67 Billion in Aebi Schmidt Holding AG $AEBI

Meros Investment Management LP acquired a new stake in shares of Aebi Schmidt Holding AG (NASDAQ:AEBI) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 451,816 shares of the company’s stock, valued at approximately $5,670,291,000. Aebi Schmidt makes up about 1.8% of Meros Investment Management LP’s investment portfolio, making the stock its 23rd biggest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pzena Investment Management LLC acquired a new position in shares of Aebi Schmidt in the 2nd quarter worth $54,208,000. BlackRock Inc. bought a new stake in shares of Aebi Schmidt in the 2nd quarter worth approximately $40,634,000. Medina Value Partners LLC lifted its stake in Aebi Schmidt by 22.8% during the fourth quarter. Medina Value Partners LLC now owns 1,432,510 shares of the company’s stock worth $18,121,000 after purchasing an additional 265,838 shares during the period. Loomis Sayles & Co. L P increased its position in shares of Aebi Schmidt by 63.8% during the 4th quarter. Loomis Sayles & Co. L P now owns 934,224 shares of the company’s stock worth $11,818,000 after purchasing an additional 363,890 shares in the last quarter. Finally, NewEdge Wealth LLC acquired a new stake in shares of Aebi Schmidt in the second quarter valued at $10,980,000.

Aebi Schmidt Stock Up 1.2%

AEBI stock 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 current ratio of 1.98, a quick ratio of 1.14 and a debt-to-equity ratio of 0.67. Aebi Schmidt Holding AG has a 1-year low of $8.91 and a 1-year high of $15.96. The company’s 50 day moving average is $12.61 and its 200 day moving average is $12.48.

Aebi Schmidt (NASDAQ:AEBI) last posted its earnings results on Thursday, August 13th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. The company had revenue of $496.41 million during 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 company posted ($0.06) earnings per share. Sell-side analysts predict that Aebi Schmidt Holding AG will post 0.69 EPS for the current fiscal year.

Aebi Schmidt Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Roth Capital reaffirmed a “buy” rating and set a $17.00 price target on shares of Aebi Schmidt in a research note on Friday, August 14th. DA Davidson increased their price objective on shares of Aebi Schmidt from $15.00 to $17.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Aebi Schmidt in a research note on Wednesday, August 12th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $17.00.

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.