Allison Transmission Holdings, Inc. $ALSN Shares Purchased by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors LP increased its stake in Allison Transmission by 0.5%, owning approximately 2.22% of the company with a total worth of $178.7 million.
• Allison Transmission recently reported earnings of $2.29 per share, beating estimates and showing a net margin of 23.81%, despite a revenue decline of 0.2% year-over-year.
• The company declared a quarterly dividend of $0.27, yielding 1.2%, to be paid on August 29th, with a low payout ratio of 12.27%.

Dimensional Fund Advisors LP boosted its holdings in Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 0.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,867,799 shares of the auto parts company's stock after purchasing an additional 10,208 shares during the quarter. Dimensional Fund Advisors LP owned about 2.22% of Allison Transmission worth $178,686,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Vident Advisory LLC increased its stake in Allison Transmission by 1.0% in the fourth quarter. Vident Advisory LLC now owns 10,182 shares of the auto parts company's stock valued at $1,100,000 after purchasing an additional 102 shares during the period. Callan Family Office LLC grew its holdings in shares of Allison Transmission by 5.1% during the first quarter. Callan Family Office LLC now owns 2,606 shares of the auto parts company's stock worth $249,000 after buying an additional 126 shares during the last quarter. KBC Group NV increased its position in Allison Transmission by 3.7% in the 1st quarter. KBC Group NV now owns 3,596 shares of the auto parts company's stock valued at $344,000 after acquiring an additional 127 shares during the period. GAMMA Investing LLC increased its position in Allison Transmission by 9.8% in the 1st quarter. GAMMA Investing LLC now owns 1,550 shares of the auto parts company's stock valued at $148,000 after acquiring an additional 138 shares during the period. Finally, Delta Investment Management LLC raised its stake in Allison Transmission by 3.4% during the 4th quarter. Delta Investment Management LLC now owns 4,540 shares of the auto parts company's stock valued at $491,000 after acquiring an additional 151 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on ALSN shares. The Goldman Sachs Group lifted their target price on Allison Transmission from $80.00 to $90.00 and gave the company a "sell" rating in a research note on Tuesday, May 27th. Raymond James Financial decreased their price target on Allison Transmission from $110.00 to $105.00 and set an "outperform" rating for the company in a report on Monday, July 21st. Wall Street Zen lowered shares of Allison Transmission from a "buy" rating to a "hold" rating in a research report on Sunday, June 22nd. Morgan Stanley upped their price objective on shares of Allison Transmission from $94.00 to $100.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th. Finally, Zacks Research cut shares of Allison Transmission from a "hold" rating to a "strong sell" rating in a research note on Tuesday, August 19th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Reduce" and an average target price of $98.38.

Allison Transmission Price Performance

Shares of ALSN traded down $0.96 during trading hours on Monday, reaching $88.35. The company had a trading volume of 847,286 shares, compared to its average volume of 1,025,070. The company has a current ratio of 3.36, a quick ratio of 2.64 and a debt-to-equity ratio of 1.37. Allison Transmission Holdings, Inc. has a 12-month low of $80.39 and a 12-month high of $122.53. The firm has a 50 day simple moving average of $90.57 and a 200-day simple moving average of $95.40. The company has a market capitalization of $7.39 billion, a price-to-earnings ratio of 10.04 and a beta of 0.97.

Allison Transmission (NYSE:ALSN - Get Free Report) last released its quarterly earnings data on Monday, August 4th. The auto parts company reported $2.29 EPS for the quarter, topping analysts' consensus estimates of $2.20 by $0.09. Allison Transmission had a net margin of 23.81% and a return on equity of 45.56%. The firm had revenue of $814.00 million for the quarter, compared to the consensus estimate of $811.05 million. During the same quarter in the previous year, the firm earned $2.13 earnings per share. The firm's revenue was down .2% on a year-over-year basis. Allison Transmission has set its FY 2025 guidance at EPS. Research analysts expect that Allison Transmission Holdings, Inc. will post 9.06 earnings per share for the current year.

Allison Transmission Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Wednesday, August 20th will be issued a $0.27 dividend. The ex-dividend date is Wednesday, August 20th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.2%. Allison Transmission's dividend payout ratio is currently 12.27%.

Allison Transmission Profile

Allison Transmission Holdings, Inc, together with its subsidiaries, designs, manufactures, and sells fully automatic transmissions for medium- and heavy-duty commercial vehicles and medium- and heavy-tactical U.S. defense vehicles, and electrified propulsion systems worldwide. It provides commercial-duty on-highway, off-highway and defense fully automatic transmissions, and electric hybrid and fully electric systems.