Dimensional Fund Advisors LP Buys 10,208 Shares of Allison Transmission Holdings, Inc. $ALSN

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

A number of other institutional investors and hedge funds have also bought and sold shares of ALSN. Transce3nd LLC acquired a new position in Allison Transmission in the 4th quarter worth about $25,000. Vermillion Wealth Management Inc. acquired a new stake in shares of Allison Transmission in the fourth quarter valued at about $31,000. SRH Advisors LLC increased its stake in shares of Allison Transmission by 95.0% in the first quarter. SRH Advisors LLC now owns 468 shares of the auto parts company's stock valued at $45,000 after buying an additional 228 shares during the period. MassMutual Private Wealth & Trust FSB increased its stake in shares of Allison Transmission by 363.0% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 500 shares of the auto parts company's stock valued at $48,000 after buying an additional 392 shares during the period. Finally, Private Trust Co. NA increased its stake in shares of Allison Transmission by 32.8% in the first quarter. Private Trust Co. NA now owns 636 shares of the auto parts company's stock valued at $61,000 after buying an additional 157 shares during the period. Institutional investors and hedge funds own 96.90% of the company's stock.

Allison Transmission Stock Up 3.2%

Allison Transmission stock traded up $2.7270 during mid-day trading on Friday, reaching $89.1770. The stock had a trading volume of 706,329 shares, compared to its average volume of 1,036,954. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.64 and a current ratio of 3.36. Allison Transmission Holdings, Inc. has a fifty-two week low of $80.39 and a fifty-two week high of $122.53. The stock's 50-day simple moving average is $90.71 and its 200-day simple moving average is $95.73. The firm has a market capitalization of $7.46 billion, a PE ratio of 10.13 and a beta of 0.97.

Allison Transmission (NYSE:ALSN - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The auto parts company reported $2.29 EPS for the quarter, beating analysts' consensus estimates of $2.20 by $0.09. Allison Transmission had a return on equity of 45.56% and a net margin of 23.81%.The firm had revenue of $814.00 million during the quarter, compared to analysts' expectations of $811.05 million. During the same quarter last year, the firm posted $2.13 earnings per share. The company's revenue for the quarter was down .2% compared to the same quarter last year. Allison Transmission has set its FY 2025 guidance at EPS. On average, sell-side analysts forecast that Allison Transmission Holdings, Inc. will post 9.06 EPS for the current fiscal year.

Allison Transmission Announces Dividend

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

Wall Street Analyst Weigh In

ALSN has been the subject of several recent research reports. Bank of America increased their price target on Allison Transmission from $74.00 to $79.00 and gave the company an "underperform" rating in a research note on Monday, June 16th. Morgan Stanley increased their price target on Allison Transmission from $94.00 to $100.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. Zacks Research cut Allison Transmission from a "hold" rating to a "strong sell" rating in a research note on Tuesday, August 19th. The Goldman Sachs Group increased their price target on Allison Transmission from $80.00 to $90.00 and gave the company a "sell" rating in a research note on Tuesday, May 27th. Finally, Wall Street Zen cut Allison Transmission from a "buy" rating to a "hold" rating in a research note on Sunday, June 22nd. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Reduce" and a consensus target price of $98.38.

About Allison Transmission

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.