Altra Industrial Motion Corp. Company Profile (NASDAQ:AIMC)

Altra Industrial Motion Corp. trades on the NASDAQ under the ticker symbol "AIMC."

Altra Industrial Motion Corp. announced a quarterly dividend on Thursday, October 19th. Stockholders of record on Monday, December 18th will be given a dividend of $0.17 per share on Wednesday, January 3rd. This represents a $0.68 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend is Friday, December 15th. View Altra Industrial Motion Corp.'s Dividend History.

Altra Industrial Motion Corp. (NASDAQ:AIMC) posted its quarterly earnings results on Friday, October, 20th. The company reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.46 by $0.02. The business had revenue of $214.60 million for the quarter, compared to analyst estimates of $210.79 million. Altra Industrial Motion Corp. had a return on equity of 16.50% and a net margin of 4.17%. The company's quarterly revenue was up 24.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.35 EPS. View Altra Industrial Motion Corp.'s Earnings History.

Altra Industrial Motion Corp. is scheduled to release their next quarterly earnings announcement on Monday, February, 26th 2018. View Earnings Estimates for Altra Industrial Motion Corp..

5 brokers have issued 1-year price targets for Altra Industrial Motion Corp.'s stock. Their predictions range from $40.00 to $53.00. On average, they anticipate Altra Industrial Motion Corp.'s share price to reach $48.50 in the next year. View Analyst Ratings for Altra Industrial Motion Corp..

Here are some recent quotes from research analysts about Altra Industrial Motion Corp. stock:

• 1. According to Zacks Investment Research, "Over the last six months, Altra Industrial's shares have outperformed the industry. We believe that the company holds solid potential for organic and inorganic growth. For instance, the Stromag acquisition (completed in January) is predicted to be earnings accretive in 2017. Also, the company has been progressing well on its restructuring and cost-saving strategies. For 2017, the company increased its revenue guidance to $850-$865 million from the earlier projection of $840-$855 million. Non-GAAP earnings are anticipated to be $1.95-$2.05 per share, up from $1.83-$1.93 predicted earlier." (10/5/2017)
• 2. Jefferies Group LLC analysts commented, "2016 ended with 4Q outperformance on better execution. Operating income was 10% > our estimate, largely providing to the $0.07/sh beat with EPS of $0.41 vs. our estimate and consensus of $0.34. 2017 is expected to start slow with 1Q17 EPS to be flat to slightly down. But with O&G and Distribution markets expected to see improvement in 2H and Stromag savings in front of us, we expect lesser headwinds entering 2017, which is reflected in the current stock price." (3/1/2017)

Some companies that are related to Altra Industrial Motion Corp. include EnPro Industries (NPO), Standex International Corporation (SXI), Tennant Company (TNC), Kadant (KAI), Lydall (LDL), Energy Recovery (ERII), Amtech Systems (ASYS), Intevac (IVAC), Manitex International (MNTX) and Key Technology (KTEC).

Altra Industrial Motion Corp.'s management team includes the folowing people:

• Carl R. Christenson, Chairman of the Board, Chief Executive Officer
• Christian Storch, Vice President, Chief Financial Officer
• Todd B. Patriacca, Vice President - Finance, Corporate Controller, Treasurer
• Craig Schuele, Vice President - Marketing and Business Development
• Glenn E. Deegan, Vice President - Legal and Human Resources, General Counsel, Secretary
• Gerald P. Ferris, Vice President - Global Sales
• Edmund M. Carpenter, Lead Independent Director
• James H. Woodward Jr., Director
• Lyle G. Ganske, Independent Director
• Michael S. Lipscomb, Independent Director

Altra Industrial Motion Corp.'s stock is owned by a variety of of retail and institutional investors. Top institutional investors include Mutual of America Capital Management LLC (0.27%), Shell Asset Management Co. (0.27%) and LAZARD ASSET MANAGEMENT LLC (0.09%). Company insiders that own Altra Industrial Motion Corp. stock include Carl R Christenson, Christian Storch, Craig Schuele, Gerald P Ferris, Glenn E Deegan, James H Woodward Jr, Lyle G Ganske and Todd Patriacca. View Institutional Ownership Trends for Altra Industrial Motion Corp..

Altra Industrial Motion Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC. Company insiders that have sold Altra Industrial Motion Corp. stock in the last year include Carl R Christenson, Christian Storch, Craig Schuele, Gerald P Ferris, Glenn E Deegan, Lyle G Ganske and Todd Patriacca. View Insider Buying and Selling for Altra Industrial Motion Corp..

Altra Industrial Motion Corp.'s stock was bought by a variety of institutional investors in the last quarter, including Shell Asset Management Co.. View Insider Buying and Selling for Altra Industrial Motion Corp..

Shares of Altra Industrial Motion Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Altra Industrial Motion Corp. stock can currently be purchased for approximately $48.35.