Coppell Advisory Solutions LLC Has $1.99 Million Stock Position in Allison Transmission Holdings, Inc. $ALSN

Key Points

• Coppell Advisory Solutions LLC increased its stake in Allison Transmission Holdings by 1,245.2%, acquiring an additional 19,899 shares, bringing their total to 21,497 shares valued at approximately $1.99 million.
• Allison Transmission reported earnings of $2.29 per share for the latest quarter, exceeding analysts' expectations of $2.20, but saw a revenue decline of 0.2% year-over-year.
• The company announced a quarterly dividend of $0.27 per share, with a current dividend yield of 1.2% and a payout ratio of 12.27%.

Coppell Advisory Solutions LLC lifted its stake in Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 1,245.2% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,497 shares of the auto parts company's stock after purchasing an additional 19,899 shares during the period. Coppell Advisory Solutions LLC's holdings in Allison Transmission were worth $1,988,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vermillion Wealth Management Inc. bought a new position in shares of Allison Transmission in the 4th quarter worth $31,000. SVB Wealth LLC bought a new position in Allison Transmission during the first quarter worth about $33,000. WPG Advisers LLC bought a new position in Allison Transmission during the first quarter worth about $34,000. SRH Advisors LLC lifted its holdings in Allison Transmission by 95.0% during the first quarter. SRH Advisors LLC now owns 468 shares of the auto parts company's stock worth $45,000 after acquiring an additional 228 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in Allison Transmission by 363.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 500 shares of the auto parts company's stock worth $48,000 after acquiring an additional 392 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors.

Allison Transmission Stock Down 2.4%

Shares of ALSN traded down $2.14 during midday trading on Friday, hitting $88.36. The stock had a trading volume of 587,907 shares, compared to its average volume of 861,693. The company has a 50 day simple moving average of $88.96 and a two-hundred day simple moving average of $94.03. Allison Transmission Holdings, Inc. has a twelve month low of $80.39 and a twelve month high of $122.53. The firm has a market cap of $7.39 billion, a price-to-earnings ratio of 10.04 and a beta of 1.02. The company has a debt-to-equity ratio of 1.37, a current ratio of 3.36 and a quick ratio of 2.64.

Allison Transmission (NYSE:ALSN - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The auto parts company reported $2.29 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $811.05 million. During the same quarter last year, the business posted $2.13 EPS. The company's revenue for the quarter was down .2% on a year-over-year basis. Allison Transmission has set its FY 2025 guidance at EPS. On average, analysts anticipate that Allison Transmission Holdings, Inc. will post 9.06 EPS for the current year.

Allison Transmission Dividend Announcement

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

Analyst Ratings Changes

Several research analysts have weighed in on the company. Bank of America lifted their target price on Allison Transmission from $74.00 to $79.00 and gave the stock an "underperform" rating in a report on Monday, June 16th. Raymond James Financial reduced their target price on Allison Transmission from $110.00 to $105.00 and set an "outperform" rating on the stock in a report on Monday, July 21st. Citigroup reduced their target price on Allison Transmission from $105.00 to $100.00 and set a "neutral" rating on the stock in a report on Tuesday, June 24th. The Goldman Sachs Group lifted their target price on Allison Transmission from $80.00 to $90.00 and gave the stock a "sell" rating in a report on Tuesday, May 27th. Finally, Zacks Research downgraded Allison Transmission from a "hold" rating to a "strong sell" rating in a research note on Tuesday, August 19th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Allison Transmission has an average rating of "Reduce" and an average 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.