Solidarity Wealth LLC Has $28.13 Million Holdings in Allison Transmission Holdings, Inc. $ALSN

Key Points

• Solidarity Wealth LLC increased its stake in Allison Transmission by 3.3% to 287,285 shares—worth about $28.13 million—making ALSN its sixth-largest holding and roughly 5.8% of the firm's portfolio.
• Institutional investors own 96.90% of Allison, with large funds such as Boston Partners (+117.6% to ~2.04M shares) and AQR (+18.9% to ~1.92M shares) materially boosting their positions.
• Allison has a market cap of $11.28 billion, a P/E of 18.5 and a 52‑week range of $76.01–$136.94; it recently raised its quarterly dividend to $0.29 (annualized $1.16, ~0.9% yield) and carries a consensus analyst rating of "Hold" with a $114.13 target.

Solidarity Wealth LLC lifted its stake in Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 3.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 287,285 shares of the auto parts company's stock after buying an additional 9,195 shares during the period. Allison Transmission makes up approximately 5.8% of Solidarity Wealth LLC's investment portfolio, making the stock its 6th biggest position. Solidarity Wealth LLC owned about 0.35% of Allison Transmission worth $28,125,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Boston Partners lifted its position in Allison Transmission by 117.6% during the third quarter. Boston Partners now owns 2,038,429 shares of the auto parts company's stock worth $173,093,000 after purchasing an additional 1,101,824 shares during the period. AQR Capital Management LLC lifted its position in Allison Transmission by 18.9% during the second quarter. AQR Capital Management LLC now owns 1,915,887 shares of the auto parts company's stock worth $181,741,000 after purchasing an additional 304,974 shares during the period. Dimensional Fund Advisors LP lifted its position in Allison Transmission by 1.8% during the third quarter. Dimensional Fund Advisors LP now owns 1,907,768 shares of the auto parts company's stock worth $161,926,000 after purchasing an additional 32,996 shares during the period. State Street Corp lifted its position in Allison Transmission by 1.1% during the second quarter. State Street Corp now owns 1,652,290 shares of the auto parts company's stock worth $156,951,000 after purchasing an additional 17,783 shares during the period. Finally, Qube Research & Technologies Ltd lifted its position in Allison Transmission by 4.5% during the third quarter. Qube Research & Technologies Ltd now owns 1,270,098 shares of the auto parts company's stock worth $107,806,000 after purchasing an additional 54,201 shares during the period. Institutional investors own 96.90% of the company's stock.

Allison Transmission Stock Down 0.3%

Shares of ALSN opened at $135.64 on Friday. Allison Transmission Holdings, Inc. has a 52 week low of $76.01 and a 52 week high of $136.94. The stock has a market capitalization of $11.28 billion, a price-to-earnings ratio of 18.50, a PEG ratio of 0.81 and a beta of 0.97. The company has a debt-to-equity ratio of 1.55, a quick ratio of 4.17 and a current ratio of 4.85. The stock has a fifty day moving average of $120.79 and a 200-day moving average of $104.09.

Allison Transmission Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Monday, March 9th were given a dividend of $0.29 per share. The ex-dividend date was Monday, March 9th. This represents a $1.16 annualized dividend and a yield of 0.9%. This is a boost from Allison Transmission's previous quarterly dividend of $0.27. Allison Transmission's dividend payout ratio is 15.83%.

Insider Buying and Selling

In related news, insider Eric C. Scroggins sold 1,313 shares of Allison Transmission stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $114.40, for a total transaction of $150,207.20. Following the sale, the insider directly owned 17,654 shares in the company, valued at $2,019,617.60. This trade represents a 6.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.10% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

ALSN has been the subject of several recent analyst reports. Citigroup upped their price objective on shares of Allison Transmission from $130.00 to $135.00 and gave the stock a "neutral" rating in a research report on Monday, April 13th. Wells Fargo & Company upped their target price on Allison Transmission from $98.00 to $127.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 26th. Zacks Research cut Allison Transmission from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 24th. JPMorgan Chase & Co. upped their target price on Allison Transmission from $87.00 to $115.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 14th. Finally, Weiss Ratings cut Allison Transmission from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Allison Transmission presently has a consensus rating of "Hold" and a consensus target price of $114.13.

About Allison Transmission

Allison Transmission Holdings Inc is a global designer, manufacturer and seller of fully automatic transmissions and hybrid propulsion systems for commercial duty vehicles and off-highway equipment. The company's products are engineered to improve fuel efficiency, reduce emissions and enhance performance across a broad range of industries. Allison's core transmission portfolio serves applications such as on-highway trucks and buses, medium- and heavy-duty commercial vehicles, and military ground vehicles.

In addition to conventional automatic transmissions, Allison offers advanced hybrid systems that integrate electric motors with mechanical transmission components.

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