Quantbot Technologies LP Invests $2.11 Million in Allison Transmission Holdings, Inc. $ALSN

Key Points

• Quantbot Technologies LP has invested approximately $2.11 million in Allison Transmission Holdings, acquiring 22,089 shares of the auto parts company.
• The company reported $2.29 earnings per share for the last quarter, exceeding analysts' expectations, while their revenue was slightly down 0.2% year-over-year.
• Allison Transmission has declared a $0.27 per share quarterly dividend, with a dividend yield of 1.2%, and the next payment will occur on August 29th.

Quantbot Technologies LP acquired a new position in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 22,089 shares of the auto parts company's stock, valued at approximately $2,113,000.

Other institutional investors have also modified their holdings of the company. Transce3nd LLC purchased a new stake in shares of Allison Transmission during the 4th quarter worth approximately $25,000. Vermillion Wealth Management Inc. purchased a new stake in shares of Allison Transmission during the 4th quarter worth approximately $31,000. SRH Advisors LLC lifted its position in shares of Allison Transmission by 95.0% during the 1st quarter. SRH Advisors LLC now owns 468 shares of the auto parts company's stock worth $45,000 after buying an additional 228 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of Allison Transmission by 363.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 500 shares of the auto parts company's stock worth $48,000 after buying an additional 392 shares during the last quarter. Finally, GeoWealth Management LLC purchased a new stake in shares of Allison Transmission during the 4th quarter worth approximately $65,000. Hedge funds and other institutional investors own 96.90% of the company's stock.

Allison Transmission Stock Performance

Shares of Allison Transmission stock traded up $2.7270 during trading on Friday, reaching $89.1770. The company's stock had a trading volume of 706,329 shares, compared to its average volume of 1,025,070. The company has a current ratio of 3.36, a quick ratio of 2.64 and a debt-to-equity ratio of 1.37. The firm has a market cap of $7.46 billion, a PE ratio of 10.13 and a beta of 0.97. The company has a 50-day moving average price of $90.71 and a two-hundred day moving average price of $95.59. Allison Transmission Holdings, Inc. has a fifty-two week low of $80.39 and a fifty-two week high of $122.53.

Allison Transmission (NYSE:ALSN - Get Free Report) last announced its quarterly earnings data 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 analysts' expectations of $811.05 million. Allison Transmission had a net margin of 23.81% and a return on equity of 45.56%. Allison Transmission's revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.13 EPS. Allison Transmission has set its FY 2025 guidance at EPS. On average, analysts forecast that Allison Transmission Holdings, Inc. will post 9.06 EPS for the current year.

Allison Transmission Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Zacks Research downgraded shares of Allison Transmission from a "hold" rating to a "strong sell" rating in a research report on Tuesday, August 19th. The Goldman Sachs Group lifted their target price on shares of Allison Transmission from $80.00 to $90.00 and gave the company a "sell" rating in a report on Tuesday, May 27th. Morgan Stanley lifted their target price on shares of Allison Transmission from $94.00 to $100.00 and gave the company an "equal weight" rating in a report on Tuesday, May 6th. Bank of America lifted their target price on shares of Allison Transmission from $74.00 to $79.00 and gave the company an "underperform" rating in a report on Monday, June 16th. Finally, Raymond James Financial cut their target price on shares of Allison Transmission from $110.00 to $105.00 and set an "outperform" rating on the stock in a report on Monday, July 21st. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Allison Transmission presently has a consensus rating of "Reduce" and a consensus target price 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.