Allient (NASDAQ:ALNT – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.05), FiscalAI reports. The business had revenue of $138.92 million during the quarter, compared to analysts’ expectations of $138.42 million. Allient had a return on equity of 12.58% and a net margin of 4.25%.
Here are the key takeaways from Allient’s conference call:
- All six director nominees were elected, keeping the board intact for 2026.
- Advisory vote approving named executive officers’ compensation passed, indicating shareholder support for the company’s pay program.
- Deloitte & Touche was ratified as the company’s independent public accounting firm for 2026.
- Approximately 89% of shares were represented at the meeting (a quorum), and the company will file a Form 8-K with detailed vote tallies.
Allient Price Performance
NASDAQ:ALNT traded down $0.39 during trading hours on Friday, reaching $65.41. The stock had a trading volume of 66,780 shares, compared to its average volume of 173,690. The stock has a market capitalization of $1.11 billion, a PE ratio of 45.55 and a beta of 1.65. Allient has a 52 week low of $27.00 and a 52 week high of $80.39. The company has a 50 day moving average price of $66.64 and a two-hundred day moving average price of $60.72. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.08 and a current ratio of 3.66.
Allient Increases Dividend
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on ALNT shares. Craig Hallum reissued a “buy” rating and set a $75.00 price objective on shares of Allient in a research report on Monday, March 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Allient in a report on Wednesday, January 21st. Lake Street Capital began coverage on shares of Allient in a research note on Wednesday, February 18th. They issued a “buy” rating and a $79.00 price objective on the stock. Finally, Roth Mkm boosted their target price on shares of Allient from $56.00 to $69.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $70.75.
Read Our Latest Stock Analysis on Allient
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Price T Rowe Associates Inc. MD lifted its position in Allient by 6.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 8,445 shares of the company’s stock valued at $454,000 after purchasing an additional 519 shares during the last quarter. Prudential Financial Inc. bought a new stake in shares of Allient in the 2nd quarter worth about $392,000. New York State Common Retirement Fund lifted its holdings in shares of Allient by 9.2% in the 4th quarter. New York State Common Retirement Fund now owns 6,451 shares of the company’s stock valued at $347,000 after acquiring an additional 542 shares during the last quarter. Brevan Howard Capital Management LP bought a new position in shares of Allient in the 3rd quarter valued at about $326,000. Finally, Nebula Research & Development LLC purchased a new position in Allient in the second quarter worth about $320,000. 61.57% of the stock is owned by hedge funds and other institutional investors.
About Allient
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.
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