Campbell & CO Investment Adviser LLC Purchases New Holdings in Allison Transmission Holdings, Inc. $ALSN

Campbell & CO Investment Adviser LLC purchased a new position in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 64,638 shares of the auto parts company’s stock, valued at approximately $6,140,000. Allison Transmission comprises 0.4% of Campbell & CO Investment Adviser LLC’s investment portfolio, making the stock its 25th biggest holding. Campbell & CO Investment Adviser LLC owned about 0.08% of Allison Transmission at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Trust Co. of Toledo NA OH purchased a new position in shares of Allison Transmission during the 2nd quarter worth approximately $28,000. SVB Wealth LLC purchased a new stake in Allison Transmission in the 1st quarter valued at approximately $33,000. WPG Advisers LLC purchased a new stake in shares of Allison Transmission in the first quarter valued at $34,000. Cullen Frost Bankers Inc. boosted its stake in shares of Allison Transmission by 3,108.3% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 385 shares of the auto parts company’s stock worth $37,000 after purchasing an additional 373 shares during the last quarter. Finally, Steph & Co. acquired a new stake in Allison Transmission during the second quarter worth approximately $41,000. 96.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ALSN has been the topic of a number of research analyst reports. Citigroup decreased their price target on Allison Transmission from $95.00 to $90.00 and set a “neutral” rating on the stock in a research note on Friday, October 31st. Raymond James Financial cut their price target 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 lowered shares of Allison Transmission from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 24th. Zacks Research upgraded Allison Transmission from a “strong sell” rating to a “hold” rating in a report on Friday, September 19th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Allison Transmission from $90.00 to $87.00 and set a “neutral” rating for the company in a research note on Thursday, October 30th. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Allison Transmission has an average rating of “Reduce” and a consensus price target of $93.00.

Allison Transmission Stock Up 0.6%

NYSE:ALSN opened at $81.97 on Friday. The company has a market capitalization of $6.82 billion, a price-to-earnings ratio of 10.04 and a beta of 1.02. Allison Transmission Holdings, Inc. has a one year low of $76.01 and a one year high of $122.53. The stock has a 50-day simple moving average of $84.81 and a 200 day simple moving average of $91.15. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.64 and a current ratio of 3.36.

Allison Transmission (NYSE:ALSN) last released its earnings results on Wednesday, October 29th. The auto parts company reported $1.63 EPS for the quarter, missing analysts’ consensus estimates 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 return on equity of 41.37% and a net margin of 22.78%.The company’s quarterly revenue was down 15.9% on a year-over-year basis. During the same period in the prior year, the business earned $2.27 EPS. Allison Transmission has set its FY 2025 guidance at EPS. Sell-side analysts predict that Allison Transmission Holdings, Inc. will post 9.06 EPS for the current fiscal year.

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.