Keeley Teton Advisors LLC Lowers Stock Holdings in Allison Transmission Holdings, Inc. $ALSN

Key Points

• Keeley Teton Advisors LLC reduced its stake in Allison Transmission Holdings, Inc. by 11.6% during Q1, holding 23,921 shares worth $2.29 million after selling 3,139 shares.
• Allison Transmission reported $2.29 EPS for Q2, exceeding estimates, and set FY 2025 guidance with expected 9.06 EPS for the current fiscal year.
• The company announced a quarterly dividend of $0.27 per share, with a payout ratio of 12.27% and an annual yield of 1.2%.

Keeley Teton Advisors LLC lowered its holdings in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 11.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,921 shares of the auto parts company's stock after selling 3,139 shares during the quarter. Keeley Teton Advisors LLC's holdings in Allison Transmission were worth $2,289,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. 111 Capital purchased a new position in shares of Allison Transmission in the fourth quarter valued at approximately $599,000. Jefferies Financial Group Inc. purchased a new position in shares of Allison Transmission in the fourth quarter valued at approximately $901,000. Public Employees Retirement System of Ohio lifted its position in shares of Allison Transmission by 35.0% in the fourth quarter. Public Employees Retirement System of Ohio now owns 57,788 shares of the auto parts company's stock valued at $6,245,000 after acquiring an additional 14,994 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Allison Transmission by 10.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 304,230 shares of the auto parts company's stock valued at $32,875,000 after acquiring an additional 28,490 shares in the last quarter. Finally, KBC Group NV lifted its position in shares of Allison Transmission by 3.7% in the first 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 in the last quarter. Hedge funds and other institutional investors own 96.90% of the company's stock.

Allison Transmission Price Performance

NYSE:ALSN opened at $88.42 on Wednesday. Allison Transmission Holdings, Inc. has a one year low of $80.39 and a one year high of $122.53. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.64 and a current ratio of 3.36. The stock has a market cap of $7.39 billion, a PE ratio of 10.05 and a beta of 0.97. The stock has a 50 day moving average price of $90.47 and a 200 day moving average price of $95.35.

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

Allison Transmission Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on ALSN shares. Bank of America raised their target price on Allison Transmission from $74.00 to $79.00 and gave the company an "underperform" rating in a research report on Monday, June 16th. Wall Street Zen downgraded Allison Transmission from a "buy" rating to a "hold" rating in a research report on Sunday, June 22nd. Citigroup decreased their target price on Allison Transmission from $105.00 to $100.00 and set a "neutral" rating on the stock in a research report on Tuesday, June 24th. Morgan Stanley raised their target price on Allison Transmission from $94.00 to $100.00 and gave the company an "equal weight" rating in a research report on Tuesday, May 6th. Finally, Raymond James Financial decreased their target price on Allison Transmission from $110.00 to $105.00 and set an "outperform" rating on the stock in a research report on Monday, July 21st. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus 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.

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