Allient (NASDAQ:ALNT) Stock Rating Upgraded by Zacks Research

Key Points

• Zacks Research upgraded Allient to “strong buy” from “hold.” Analysts overall rate the stock “Buy,” with an average price target of $84, while Northland Securities recently raised its target to $120 and increased several earnings forecasts.
• Allient surpassed quarterly expectations, reporting earnings of $0.80 per share versus the $0.61 consensus estimate and revenue of $153.77 million versus the expected $145.68 million.
• Shares opened at $113.97, near their 12-month high of $118.67, giving the company a market capitalization of approximately $1.94 billion. Institutional investors and hedge funds own 61.57% of the outstanding stock.

Allient (NASDAQ:ALNT - Get Free Report) was upgraded by equities researchers at Zacks Research from a "hold" rating to a "strong-buy" rating in a research note issued on Monday,Zacks.com reports.

Other research analysts have also issued reports about the stock. Jefferies Financial Group set a $80.00 price objective on shares of Allient in a research note on Tuesday, May 26th. Roth Capital reiterated a "buy" rating and set a $70.00 target price on shares of Allient in a research note on Friday, May 8th. Weiss Ratings raised Allient from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday, August 3rd. Wall Street Zen upgraded Allient from a "hold" rating to a "strong-buy" rating in a research report on Saturday. Finally, Macquarie Infrastructure set a $80.00 price objective on Allient in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $84.00.

Allient Stock Performance

Shares of Allient stock opened at $113.97 on Monday. The firm's fifty day simple moving average is $92.35 and its 200-day simple moving average is $75.55. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of 67.04 and a beta of 1.61. Allient has a 12 month low of $41.75 and a 12 month high of $118.67. The company has a debt-to-equity ratio of 0.56, a current ratio of 3.42 and a quick ratio of 1.95.

Allient (NASDAQ:ALNT - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.61 by $0.19. The firm had revenue of $153.77 million during the quarter, compared to the consensus estimate of $145.68 million. Allient had a net margin of 4.98% and a return on equity of 13.55%. As a group, equities analysts forecast that Allient will post 2.64 earnings per share for the current year.

Institutional Trading of Allient

Hedge funds have recently made changes to their positions in the company. Kilter Group LLC purchased a new stake in shares of Allient in the second quarter valued at about $37,000. CM Wealth Advisors LLC acquired a new position in shares of Allient during the second quarter worth about $926,000. Lisanti Capital Growth LLC purchased a new position in Allient during the second quarter worth about $3,180,000. one8zero8 LLC purchased a new position in Allient during the second quarter worth about $293,000. Finally, Meeder Asset Management Inc. acquired a new stake in Allient in the second quarter valued at about $25,000. Institutional investors and hedge funds own 61.57% of the company's stock.

Key Headlines Impacting Allient

Here are the key news stories impacting Allient this week:

• Positive Sentiment: Northland Securities raised its earnings forecasts across multiple periods. The firm increased its FY2026 EPS estimate to $2.68 from $2.46, FY2027 to $3.11 from $2.93, FY2028 to $3.54 from $3.28, and FY2030 to $4.17 from $3.72. It also lifted estimates for Q3 2026, Q2 2027 and Q3 2027. The broad-based revisions signal improving expectations for Allient’s earnings growth. Q4 EPS Estimates for Allient Raised by Northland Securities
• Positive Sentiment: Allient’s price target was raised to $120. The increase from Northland Securities provides a positive valuation signal and suggests additional potential upside relative to recent trading levels. Allient Price Target Raised to $120
• Positive Sentiment: The company recently exceeded quarterly expectations. Allient reported $0.80 in earnings per share versus the $0.61 consensus estimate and revenue of $153.77 million versus expectations of $145.68 million. The earnings and revenue beats likely reinforced the subsequent analyst upgrades.
• Neutral Sentiment: Options activity has attracted investor attention. A Zacks report highlights unusual or notable movements in Allient’s options market, but the available information does not establish whether traders are positioning for a rise or decline. Options Trading Activity at Allient
• Neutral Sentiment: Short-interest data does not show meaningful bearish positioning. The report lists zero shares sold short and a zero-day days-to-cover ratio, but the “increase” figure is invalid because the prior period also showed zero shares. This appears more likely to be a reporting issue than a substantive trading signal.

Allient Company Profile

Allient Inc, together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems for various industries in the United States, Canada, South America, Europe, and Asia-Pacific. It offers brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gearmotors, gearing, modular digital servo drives, motion controllers, optical encoders, active and passive filters, input/output modules, industrial communications gateways, light-weighting technologies, and other controlled motion-related products, as well as nano precision positioning systems, servo control systems, and digital servo amplifiers and drives.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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