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Q1 EPS Estimates for Allient Boosted by Northland Securities

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Key Points

  • Northland Securities nudged up its Q1 2027 EPS estimate for Allient to $0.70 from $0.69, and also projected earnings growth in later years, including FY2029 EPS of $3.56 and FY2030 EPS of $3.72.
  • Allient recently reported mixed quarterly results, with EPS of $0.50 missing the $0.55 consensus while revenue of $138.92 million came in slightly above expectations.
  • The company increased its quarterly dividend to $0.04 per share from $0.03, even as JPMorgan cut its price target to $65 and kept a neutral rating, reflecting a cautious analyst outlook.
  • MarketBeat previews top five stocks to own in June.

Allient Inc. (NASDAQ:ALNT - Free Report) - Analysts at Northland Securities boosted their Q1 2027 EPS estimates for shares of Allient in a research report issued to clients and investors on Friday, May 8th. Northland Securities analyst T. Jackson now forecasts that the company will post earnings of $0.70 per share for the quarter, up from their previous forecast of $0.69. The consensus estimate for Allient's current full-year earnings is $2.58 per share. Northland Securities also issued estimates for Allient's Q3 2027 earnings at $0.77 EPS, FY2029 earnings at $3.56 EPS and FY2030 earnings at $3.72 EPS.

A number of other research analysts also recently commented on the stock. Craig Hallum reaffirmed a "buy" rating and set a $75.00 price objective on shares of Allient in a research note on Monday, March 9th. Roth Mkm reaffirmed a "buy" rating and set a $70.00 price objective on shares of Allient in a research note on Friday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Allient in a research note on Wednesday, January 21st. Lake Street Capital initiated coverage on shares of Allient in a research note on Wednesday, February 18th. They set a "buy" rating and a $79.00 price objective for the company. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Allient from $70.00 to $65.00 and set a "neutral" rating for the company in a research note on Friday. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $72.25.

Check Out Our Latest Report on ALNT

Allient Stock Performance

Shares of ALNT stock opened at $66.69 on Monday. The firm has a 50-day moving average price of $66.64 and a 200 day moving average price of $60.72. Allient has a twelve month low of $27.00 and a twelve month high of $80.39. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 46.64 and a beta of 1.65. The company has a current ratio of 3.73, a quick ratio of 2.15 and a debt-to-equity ratio of 0.58.

Allient (NASDAQ:ALNT - Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.05). Allient had a net margin of 4.25% and a return on equity of 12.47%. The firm had revenue of $138.92 million during the quarter, compared to analyst estimates of $138.42 million.

Institutional Investors Weigh In On Allient

Several institutional investors and hedge funds have recently made changes to their positions in ALNT. Vanguard Group Inc. increased its position in Allient by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 1,011,253 shares of the company's stock worth $54,355,000 after buying an additional 26,438 shares during the period. State Street Corp increased its position in Allient by 32.5% in the fourth quarter. State Street Corp now owns 392,261 shares of the company's stock worth $21,084,000 after buying an additional 96,264 shares during the period. Geode Capital Management LLC increased its position in Allient by 2.8% in the fourth quarter. Geode Capital Management LLC now owns 368,486 shares of the company's stock worth $19,808,000 after buying an additional 10,173 shares during the period. Jennison Associates LLC increased its position in Allient by 111.5% in the first quarter. Jennison Associates LLC now owns 353,430 shares of the company's stock worth $20,884,000 after buying an additional 186,316 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its position in Allient by 20.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 290,696 shares of the company's stock worth $13,009,000 after buying an additional 49,384 shares during the period. 61.57% of the stock is owned by institutional investors and hedge funds.

Allient Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be paid a dividend of $0.04 per share. This is an increase from Allient's previous quarterly dividend of $0.03. The ex-dividend date is Thursday, May 21st. This represents a $0.16 annualized dividend and a dividend yield of 0.2%. Allient's dividend payout ratio (DPR) is currently 8.39%.

Trending Headlines about Allient

Here are the key news stories impacting Allient this week:

About Allient

(Get Free Report)

Allient Inc, together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems for various industries in the United States, Canada, South America, Europe, and Asia-Pacific. It offers brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gearmotors, gearing, modular digital servo drives, motion controllers, optical encoders, active and passive filters, input/output modules, industrial communications gateways, light-weighting technologies, and other controlled motion-related products, as well as nano precision positioning systems, servo control systems, and digital servo amplifiers and drives.

See Also

Earnings History and Estimates for Allient (NASDAQ:ALNT)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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