BDT Capital Partners LLC Makes New $3,732.73 Billion Investment in Alliance Laundry Holdings Inc. $ALH

BDT Capital Partners LLC acquired a new position in Alliance Laundry Holdings Inc. (NYSE:ALH) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 140,751,696 shares of the company’s stock, valued at approximately $3,732,734,978,000. Alliance Laundry makes up 85.7% of BDT Capital Partners LLC’s investment portfolio, making the stock its biggest holding. BDT Capital Partners LLC owned 0.71% of Alliance Laundry at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of ALH. Capital International Investors bought a new stake in Alliance Laundry in the 4th quarter worth approximately $101,498,000. Vanguard Group Inc. bought a new position in Alliance Laundry during the fourth quarter valued at approximately $76,161,000. BlackRock Inc. bought a new position in Alliance Laundry during the second quarter valued at approximately $85,422,000. Norges Bank purchased a new position in shares of Alliance Laundry during the fourth quarter worth approximately $55,962,000. Finally, Adage Capital Partners GP L.L.C. purchased a new position in shares of Alliance Laundry during the fourth quarter worth approximately $48,234,000.

Insider Activity at Alliance Laundry

In other news, COO Jan Gommaar M. Vleugels sold 75,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $24.75, for a total value of $1,856,250.00. Following the completion of the sale, the chief operating officer directly owned 449,563 shares of the company’s stock, valued at approximately $11,126,684.25. This trade represents a 14.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Amanda Brooke Kopetsky sold 13,472 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $27.00, for a total transaction of $363,744.00. Following the completion of the sale, the insider directly owned 7,331 shares of the company’s stock, valued at approximately $197,937. This represents a 64.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 212,528 shares of company stock worth $5,439,521. 7.60% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ALH. Morgan Stanley upped their price objective on shares of Alliance Laundry from $27.00 to $28.00 and gave the company an “equal weight” rating in a research note on Friday, May 29th. BMO Capital Markets lifted their target price on shares of Alliance Laundry from $30.00 to $31.00 and gave the stock an “outperform” rating in a research report on Monday, August 17th. JPMorgan Chase & Co. boosted their price target on shares of Alliance Laundry from $31.00 to $32.00 and gave the stock an “overweight” rating in a research note on Friday, August 14th. Citigroup raised their price objective on Alliance Laundry from $30.00 to $31.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Finally, Robert W. Baird boosted their target price on Alliance Laundry from $32.00 to $34.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Alliance Laundry presently has a consensus rating of “Moderate Buy” and an average target price of $31.20.

Alliance Laundry Price Performance

Shares of ALH stock opened at $23.97 on Thursday. The company has a debt-to-equity ratio of 3.35, a quick ratio of 1.14 and a current ratio of 1.43. Alliance Laundry Holdings Inc. has a fifty-two week low of $18.64 and a fifty-two week high of $28.23. The firm has a market cap of $4.76 billion and a P/E ratio of 26.34. The business’s 50 day moving average price is $25.77 and its 200-day moving average price is $24.27.

Alliance Laundry (NYSE:ALH) last announced its earnings results on Thursday, August 13th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.06. Alliance Laundry had a return on equity of 81.92% and a net margin of 10.08%.The company had revenue of $476.75 million during the quarter. On average, equities research analysts anticipate that Alliance Laundry Holdings Inc. will post 1.34 earnings per share for the current year.

About Alliance Laundry

Alliance Laundry Systems (NYSE: ALH) is a manufacturer and distributor of commercial and residential laundry equipment and related services. The company designs, produces and sells a range of coin-operated and vended machines, on-premises washers and dryers, and allied equipment for laundromats, multi-housing, hospitality, healthcare and other institutional customers. Alliance’s product strategy emphasizes durable, high-throughput machines for professional laundry operators as well as appliances geared to self-service and multi-dwelling applications.

Its product portfolio includes coin-operated and card-operated washers and dryers, stacked and single-pocket models, industrial-grade on-premises equipment, and parts and accessories.