Allison Transmission Holdings, Inc. $ALSN is Seizert Capital Partners LLC’s 7th Largest Position

Seizert Capital Partners LLC boosted its stake in Allison Transmission Holdings, Inc. (NYSE:ALSN) by 0.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 610,495 shares of the auto parts company’s stock after purchasing an additional 4,349 shares during the period. Allison Transmission comprises 2.5% of Seizert Capital Partners LLC’s investment portfolio, making the stock its 7th largest position. Seizert Capital Partners LLC owned 0.73% of Allison Transmission worth $57,991,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Caisse DE Depot ET Placement DU Quebec grew its stake in shares of Allison Transmission by 109.1% in the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 929,434 shares of the auto parts company’s stock worth $88,919,000 after purchasing an additional 484,916 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Allison Transmission by 9.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 331,614 shares of the auto parts company’s stock worth $31,726,000 after buying an additional 27,384 shares during the period. Signaturefd LLC grew its position in shares of Allison Transmission by 38.7% in the 2nd quarter. Signaturefd LLC now owns 853 shares of the auto parts company’s stock worth $81,000 after buying an additional 238 shares during the last quarter. Arcus Capital Partners LLC bought a new stake in shares of Allison Transmission in the 2nd quarter worth approximately $381,000. Finally, Pallas Capital Advisors LLC increased its stake in shares of Allison Transmission by 146.3% during the second quarter. Pallas Capital Advisors LLC now owns 10,433 shares of the auto parts company’s stock valued at $991,000 after buying an additional 6,197 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Allison Transmission Price Performance

ALSN opened at $79.81 on Wednesday. Allison Transmission Holdings, Inc. has a 52-week low of $76.01 and a 52-week high of $122.53. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.64 and a current ratio of 3.36. The company’s 50-day simple moving average is $83.80 and its two-hundred day simple moving average is $90.59. The stock has a market capitalization of $6.64 billion, a P/E ratio of 9.78 and a beta of 1.02.

Allison Transmission (NYSE:ALSN) last released its quarterly earnings results on Wednesday, October 29th. The auto parts company reported $1.63 earnings per share for the quarter, missing the consensus estimate of $1.95 by ($0.32). The firm had revenue of $693.00 million for the quarter, compared to the consensus estimate of $779.97 million. Allison Transmission had a net margin of 22.78% and a return on equity of 41.37%. Allison Transmission’s quarterly revenue was down 15.9% compared to the same quarter last year. During the same period in the previous year, the company earned $2.27 earnings per share. Allison Transmission has set its FY 2025 guidance at EPS. As a group, analysts predict that Allison Transmission Holdings, Inc. will post 9.06 EPS for the current year.

Allison Transmission Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 21st will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, November 21st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.4%. Allison Transmission’s payout ratio is presently 13.24%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on ALSN shares. Zacks Research raised shares of Allison Transmission from a “strong sell” rating to a “hold” rating in a research report on Friday, September 19th. Citigroup decreased their price target on shares of Allison Transmission from $95.00 to $90.00 and set a “neutral” rating for the company in a research note on Friday, October 31st. Wells Fargo & Company assumed coverage on Allison Transmission in a research report on Thursday, November 13th. They set an “equal weight” rating and a $85.00 price objective on the stock. Weiss Ratings lowered Allison Transmission from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 24th. Finally, JPMorgan Chase & Co. lowered their price objective on Allison Transmission from $90.00 to $87.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $92.00.

Allison Transmission 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.