Robeco Institutional Asset Management B.V. Cuts Stock Holdings in Allison Transmission Holdings, Inc. $ALSN

Key Points

• Robeco Institutional Asset Management B.V. has reduced its stake in Allison Transmission Holdings, Inc. by 9.7%, now holding approximately 285,487 shares worth $27.1 million.
• Analysts have mixed ratings for the company, with three analysts giving a Buy rating, five a Hold rating, and two a Sell rating, reflecting a consensus rating of Hold.
• Allison Transmission recently declared a quarterly dividend of $0.27 per share, resulting in an annualized dividend of $1.08 with a yield of 1.2%.

Robeco Institutional Asset Management B.V. lowered its stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 9.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 285,487 shares of the auto parts company's stock after selling 30,619 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.34% of Allison Transmission worth $27,118,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. SVB Wealth LLC purchased a new position in Allison Transmission during the first quarter worth approximately $33,000. WPG Advisers LLC acquired a new stake in shares of Allison Transmission in the first quarter worth $34,000. Steph & Co. acquired a new stake in shares of Allison Transmission in the second quarter worth $41,000. SRH Advisors LLC increased its position in shares of Allison Transmission by 95.0% in 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, Private Trust Co. NA increased its position in shares of Allison Transmission by 32.8% in the first quarter. Private Trust Co. NA now owns 636 shares of the auto parts company's stock worth $61,000 after acquiring an additional 157 shares in the last quarter. Hedge funds and other institutional investors own 96.90% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on ALSN shares. Citigroup dropped their price objective on shares of Allison Transmission from $105.00 to $100.00 and set a "neutral" rating for the company in a research report on Tuesday, June 24th. Zacks Research raised shares of Allison Transmission from a "strong sell" rating to a "hold" rating in a research report on Friday, September 19th. Raymond James Financial dropped their price objective on shares of Allison Transmission from $110.00 to $105.00 and set an "outperform" rating for the company in a research report on Monday, July 21st. Wall Street Zen lowered shares of Allison Transmission from a "buy" rating to a "hold" rating in a report on Sunday, June 22nd. Finally, Bank of America raised their price objective 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. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $98.38.

Allison Transmission Stock Performance

ALSN stock opened at $86.52 on Friday. 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 $7.23 billion, a P/E ratio of 9.83 and a beta of 1.01. The firm has a 50 day simple moving average of $87.90 and a 200 day simple moving average of $92.91. Allison Transmission Holdings, Inc. has a 52 week low of $80.39 and a 52 week high of $122.53.

Allison Transmission (NYSE:ALSN - Get Free Report) last posted its earnings results on Monday, August 4th. The auto parts company reported $2.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.20 by $0.09. Allison Transmission had a net margin of 23.81% and a return on equity of 45.56%. The firm had revenue of $814.00 million during the quarter, compared to analysts' expectations of $811.05 million. During the same period in the previous year, the company earned $2.13 earnings per share. The company's revenue was down .2% compared to the same quarter last year. 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 fiscal year.

Allison Transmission Announces Dividend

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

Allison Transmission Company 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.

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