Allison Transmission Holdings, Inc. $ALSN Shares Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. boosted its position in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 50.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,380 shares of the auto parts company’s stock after purchasing an additional 2,815 shares during the quarter. Fox Run Management L.L.C.’s holdings in Allison Transmission were worth $796,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Penserra Capital Management LLC lifted its stake in shares of Allison Transmission by 42.3% during the 2nd quarter. Penserra Capital Management LLC now owns 5,581 shares of the auto parts company’s stock worth $530,000 after purchasing an additional 1,658 shares during the period. Soltis Investment Advisors LLC raised its stake in shares of Allison Transmission by 541.3% during the second quarter. Soltis Investment Advisors LLC now owns 38,692 shares of the auto parts company’s stock valued at $3,675,000 after purchasing an additional 32,659 shares during the period. Huntington National Bank lifted its stake in shares of Allison Transmission by 59.8% in the second quarter. Huntington National Bank now owns 759 shares of the auto parts company’s stock worth $72,000 after acquiring an additional 284 shares in the last quarter. Hussman Strategic Advisors Inc. acquired a new position in shares of Allison Transmission in the 2nd quarter valued at about $1,995,000. Finally, Bank of New York Mellon Corp raised its stake in Allison Transmission by 9.6% during the second quarter. Bank of New York Mellon Corp now owns 638,600 shares of the auto parts company’s stock worth $60,661,000 after acquiring an additional 55,952 shares during the period. Institutional investors and hedge funds own 96.90% of the company’s stock.

Allison Transmission Stock Up 0.6%

Shares of Allison Transmission stock opened at $81.97 on Monday. Allison Transmission Holdings, Inc. has a 12-month low of $76.01 and a 12-month high of $122.53. The firm has a market capitalization of $6.82 billion, a PE ratio of 10.04 and a beta of 1.02. The company has a quick ratio of 2.64, a current ratio of 3.36 and a debt-to-equity ratio of 1.37. The stock’s fifty day moving average is $84.81 and its 200-day moving average is $91.16.

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on ALSN shares. Weiss Ratings downgraded Allison Transmission from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 24th. Raymond James Financial dropped their price objective on Allison Transmission from $110.00 to $105.00 and set an “outperform” rating on the stock in a research note on Monday, July 21st. JPMorgan Chase & Co. decreased their target price on Allison Transmission from $90.00 to $87.00 and set a “neutral” rating for the company in a research note on Thursday, October 30th. Citigroup dropped their price target on shares of Allison Transmission from $95.00 to $90.00 and set a “neutral” rating on the stock in a research report on Friday, October 31st. Finally, Zacks Research raised shares of Allison Transmission from a “strong sell” rating to a “hold” rating in a report on Friday, September 19th. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $93.00.

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.