Stephens Inc. AR Has $3.77 Million Stake in Allison Transmission Holdings, Inc. $ALSN

Stephens Inc. AR lifted its stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 19.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,537 shares of the auto parts company’s stock after purchasing an additional 6,190 shares during the period. Stephens Inc. AR’s holdings in Allison Transmission were worth $3,773,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ALSN. Applied Finance Capital Management LLC acquired a new position in Allison Transmission in the fourth quarter valued at approximately $221,000. Arbejdsmarkedets Tillaegspension acquired a new position in Allison Transmission in the fourth quarter valued at approximately $24,296,000. Moneco Advisors LLC acquired a new position in Allison Transmission in the fourth quarter valued at approximately $217,000. St. James Investment Company LLC acquired a new position in Allison Transmission in the fourth quarter valued at approximately $224,000. Finally, MADDEN SECURITIES Corp acquired a new position in Allison Transmission in the fourth quarter valued at approximately $2,276,000. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Allison Transmission

In other Allison Transmission news, CFO Scott A. Mell sold 2,270 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $125.00, for a total value of $283,750.00. Following the completion of the sale, the chief financial officer owned 1,053 shares of the company’s stock, valued at approximately $131,625. This represents a 68.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Eric C. Scroggins sold 1,313 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $114.40, for a total transaction of $150,207.20. Following the sale, the insider owned 17,654 shares in the company, valued at approximately $2,019,617.60. The trade was a 6.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is currently owned by corporate insiders.

Allison Transmission Stock Down 2.4%

Shares of NYSE:ALSN opened at $114.16 on Tuesday. Allison Transmission Holdings, Inc. has a 52 week low of $76.01 and a 52 week high of $137.62. The company has a debt-to-equity ratio of 2.23, a quick ratio of 1.18 and a current ratio of 1.85. The company has a market capitalization of $9.47 billion, a PE ratio of 17.75, a PEG ratio of 0.63 and a beta of 1.01. The company has a 50 day moving average price of $121.73 and a two-hundred day moving average price of $108.63.

Allison Transmission (NYSE:ALSN) last issued its earnings results on Monday, May 4th. The auto parts company reported $2.57 EPS for the quarter, beating the consensus estimate of $2.10 by $0.47. Allison Transmission had a net margin of 14.88% and a return on equity of 37.50%. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the prior year, the firm earned $2.23 earnings per share. The business’s quarterly revenue was up 83.6% on a year-over-year basis. Analysts forecast that Allison Transmission Holdings, Inc. will post 9.86 earnings per share for the current year.

Allison Transmission Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Monday, May 18th will be paid a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Monday, May 18th. Allison Transmission’s dividend payout ratio is presently 18.04%.

Analysts Set New Price Targets

ALSN has been the topic of several analyst reports. Citigroup increased their price objective on shares of Allison Transmission from $130.00 to $135.00 and gave the company a “neutral” rating in a report on Monday, April 13th. Wells Fargo & Company increased their price objective on shares of Allison Transmission from $127.00 to $137.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Morgan Stanley increased their price objective on shares of Allison Transmission from $117.00 to $126.00 and gave the company an “equal weight” rating in a report on Wednesday, May 13th. Weiss Ratings upgraded shares of Allison Transmission from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, May 7th. Finally, Oppenheimer increased their price objective on shares of Allison Transmission from $115.00 to $135.00 and gave the company an “outperform” rating in a report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Allison Transmission has a consensus rating of “Hold” and an average price target of $116.50.

Allison Transmission Profile

Allison Transmission Holdings Inc is a global designer, manufacturer and seller of fully automatic transmissions and hybrid propulsion systems for commercial duty vehicles and off-highway equipment. The company’s products are engineered to improve fuel efficiency, reduce emissions and enhance performance across a broad range of industries. Allison’s core transmission portfolio serves applications such as on-highway trucks and buses, medium- and heavy-duty commercial vehicles, and military ground vehicles.

In addition to conventional automatic transmissions, Allison offers advanced hybrid systems that integrate electric motors with mechanical transmission components.