Cwm LLC Purchases 13,115 Shares of Allison Transmission Holdings, Inc. $ALSN

Key Points

• Cwm LLC increased its stake in Allison Transmission Holdings by 102.7%, acquiring an additional 13,115 shares, bringing its total holdings to 25,880 shares valued at approximately $2.46 million.
• Several institutional investors are actively trading Allison Transmission, with 96.90% of the stock owned by such investors, indicating strong institutional interest in the company.
• Allison Transmission recently announced a quarterly dividend of $0.27, equating to an annualized dividend yield of 1.3%, reflecting a strong commitment to returning value to its shareholders.

Cwm LLC raised its position in Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 102.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,880 shares of the auto parts company's stock after purchasing an additional 13,115 shares during the period. Cwm LLC's holdings in Allison Transmission were worth $2,458,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of ALSN. Trust Co. of Toledo NA OH bought a new position in Allison Transmission in the 2nd quarter valued at $28,000. SVB Wealth LLC bought a new position in Allison Transmission in the 1st quarter valued at $33,000. WPG Advisers LLC bought a new position in Allison Transmission in the 1st quarter valued at $34,000. Steph & Co. bought a new position in Allison Transmission in the 2nd quarter valued at $41,000. Finally, SRH Advisors LLC boosted its holdings in Allison Transmission by 95.0% in the 1st quarter. SRH Advisors LLC now owns 468 shares of the auto parts company's stock valued at $45,000 after purchasing an additional 228 shares during the period. 96.90% of the stock is owned by institutional investors.

Analyst Ratings Changes

ALSN has been the subject of several analyst reports. Raymond James Financial cut their price target on shares of 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 cut shares of Allison Transmission from a "buy" rating to a "hold" rating in a research report on Sunday, June 22nd. Weiss Ratings restated a "buy (b-)" rating on shares of Allison Transmission in a research report on Wednesday, October 8th. Citigroup lowered their price objective on shares of Allison Transmission from $105.00 to $100.00 and set a "neutral" rating on the stock in a research report on Tuesday, June 24th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Allison Transmission from $95.00 to $90.00 and set a "neutral" rating on the stock in a research report on Tuesday, October 14th. Three research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $97.38.

Allison Transmission Price Performance

Shares of NYSE:ALSN opened at $80.80 on Friday. The stock has a market cap of $6.76 billion, a PE ratio of 9.18 and a beta of 1.01. The company's fifty day moving average is $86.73 and its 200 day moving average is $91.75. Allison Transmission Holdings, Inc. has a 52 week low of $79.35 and a 52 week high of $122.53. The company has a quick ratio of 2.64, a current ratio of 3.36 and a debt-to-equity ratio of 1.37.

Allison Transmission (NYSE:ALSN - Get Free Report) last issued its earnings results 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. The company had revenue of $814.00 million for the quarter, compared to analysts' expectations of $811.05 million. Allison Transmission had a net margin of 23.81% and a return on equity of 45.56%. The firm's revenue was down .2% compared to the same quarter last year. During the same quarter last year, the company earned $2.13 EPS. Allison Transmission has set its FY 2025 guidance at EPS. Research analysts anticipate that Allison Transmission Holdings, Inc. will post 9.06 earnings per share for the current year.

Allison Transmission Announces Dividend

The firm 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. This represents a $1.08 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Wednesday, August 20th. Allison Transmission's dividend payout ratio (DPR) is presently 12.27%.

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.

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