Allison Transmission Holdings, Inc. $ALSN Shares Bought by Callan Family Office LLC

Callan Family Office LLC lifted its stake in Allison Transmission Holdings, Inc. (NYSE:ALSN) by 93.8% in the second quarter, HoldingsChannel reports. The fund owned 5,051 shares of the auto parts company’s stock after purchasing an additional 2,445 shares during the quarter. Callan Family Office LLC’s holdings in Allison Transmission were worth $480,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Compound Planning Inc. lifted its stake in shares of Allison Transmission by 5.3% in the 1st quarter. Compound Planning Inc. now owns 2,180 shares of the auto parts company’s stock worth $209,000 after acquiring an additional 109 shares during the period. KBC Group NV lifted its stake in shares of Allison Transmission by 3.7% in the 1st quarter. KBC Group NV now owns 3,596 shares of the auto parts company’s stock worth $344,000 after acquiring an additional 127 shares during the period. GAMMA Investing LLC lifted its stake in shares of Allison Transmission by 9.8% in the 1st quarter. GAMMA Investing LLC now owns 1,550 shares of the auto parts company’s stock worth $148,000 after acquiring an additional 138 shares during the period. Islay Capital Management LLC lifted its stake in shares of Allison Transmission by 1.3% in the 1st quarter. Islay Capital Management LLC now owns 10,953 shares of the auto parts company’s stock worth $1,048,000 after acquiring an additional 140 shares during the period. Finally, Private Trust Co. NA raised its holdings in shares of Allison Transmission by 32.8% in the 1st quarter. Private Trust Co. NA now owns 636 shares of the auto parts company’s stock worth $61,000 after purchasing an additional 157 shares in the last quarter. 96.90% of the stock is owned by institutional investors and hedge funds.

Allison Transmission Stock Up 1.9%

ALSN stock opened at $82.23 on Wednesday. The company’s 50 day simple moving average is $87.08 and its 200-day simple moving average is $92.07. Allison Transmission Holdings, Inc. has a 52-week low of $79.35 and a 52-week high of $122.53. The firm has a market capitalization of $6.88 billion, a P/E ratio of 9.34 and a beta of 1.01. The company has a debt-to-equity ratio of 1.37, a current ratio of 3.36 and a quick ratio of 2.64.

Allison Transmission (NYSE:ALSN) last announced its quarterly earnings data on Monday, August 4th. The auto parts company reported $2.29 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 for the quarter, compared to the consensus estimate of $811.05 million. During the same period in the previous year, the firm posted $2.13 earnings per share. The firm’s revenue was down .2% on a year-over-year basis. Allison Transmission has set its FY 2025 guidance at EPS. As a group, equities research analysts anticipate that Allison Transmission Holdings, Inc. will post 9.06 EPS for the current year.

Allison Transmission Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Wednesday, August 20th were given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Wednesday, August 20th. Allison Transmission’s payout ratio is currently 12.27%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on ALSN shares. JPMorgan Chase & Co. dropped their target price on shares of Allison Transmission from $95.00 to $90.00 and set a “neutral” rating on the stock in a report on Tuesday. Zacks Research upgraded shares of Allison Transmission from a “strong sell” rating to a “hold” rating in a report on Friday, September 19th. Raymond James Financial dropped 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. Weiss Ratings reiterated a “buy (b-)” rating on shares of Allison Transmission in a report on Wednesday, October 8th. Finally, Wall Street Zen downgraded shares of Allison Transmission from a “buy” rating to a “hold” rating in a report on Sunday, June 22nd. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $97.38.

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.