Martin Capital Partners LLC Acquires Shares of 3,370 Allison Transmission Holdings, Inc. $ALSN

Key Points

• Martin Capital Partners LLC acquired a new stake in Allison Transmission Holdings, Inc., purchasing 3,370 shares valued at approximately $320,000 in the second quarter.
• Significant increases in holdings of Allison Transmission were reported by other investors, including Caisse DE Depot ET Placement DU Quebec and Jane Street Group LLC, highlighting strong institutional interest.
• Analyst ratings for Allison Transmission show a mixed outlook, with price targets ranging from $74 to $110 and an average rating classified as "Reduce."

Martin Capital Partners LLC purchased a new position in Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 3,370 shares of the auto parts company's stock, valued at approximately $320,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. 111 Capital bought a new stake in Allison Transmission during the fourth quarter worth approximately $599,000. Jefferies Financial Group Inc. bought a new stake in shares of Allison Transmission in the 4th quarter worth $901,000. Public Employees Retirement System of Ohio raised its stake in shares of Allison Transmission by 35.0% in the 4th quarter. Public Employees Retirement System of Ohio now owns 57,788 shares of the auto parts company's stock worth $6,245,000 after buying an additional 14,994 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its holdings in shares of Allison Transmission by 109.1% in the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 929,434 shares of the auto parts company's stock valued at $88,919,000 after buying an additional 484,916 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Allison Transmission by 10.3% during 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 buying an additional 28,490 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors.

Allison Transmission Trading Down 0.1%

Allison Transmission stock traded down $0.09 during midday trading on Tuesday, reaching $87.64. The stock had a trading volume of 962,574 shares, compared to its average volume of 824,072. Allison Transmission Holdings, Inc. has a twelve month low of $80.39 and a twelve month high of $122.53. The company has a debt-to-equity ratio of 1.37, a current ratio of 3.36 and a quick ratio of 2.64. The firm has a market cap of $7.33 billion, a price-to-earnings ratio of 9.96 and a beta of 1.02. The firm's fifty day simple moving average is $88.67 and its two-hundred day simple moving average is $93.80.

Allison Transmission (NYSE:ALSN - Get Free Report) last announced its 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. The company had revenue of $814.00 million for the quarter, compared to the consensus estimate of $811.05 million. Allison Transmission had a net margin of 23.81% and a return on equity of 45.56%. The company's revenue was down .2% on a year-over-year basis. During the same period in the previous year, the business earned $2.13 EPS. Allison Transmission has set its FY 2025 guidance at EPS. Equities analysts anticipate that Allison Transmission Holdings, Inc. will post 9.06 EPS for the current fiscal year.

Allison Transmission Dividend Announcement

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

Analyst Ratings Changes

Several brokerages have commented on ALSN. Wall Street Zen cut shares of Allison Transmission from a "buy" rating to a "hold" rating in a research report on Sunday, June 22nd. The Goldman Sachs Group boosted their target price on shares of Allison Transmission from $80.00 to $90.00 and gave the stock a "sell" rating in a report on Tuesday, May 27th. Bank of America raised their target price on shares of Allison Transmission from $74.00 to $79.00 and gave the stock an "underperform" rating in a report on Monday, June 16th. Citigroup decreased their price target 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, Zacks Research cut Allison Transmission from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 19th. Two 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, the stock has an average rating of "Reduce" and an average price target of $98.38.

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.