California State Teachers Retirement System raised its stake in Alliance Laundry Holdings Inc. (NYSE:ALH – Free Report) by 1,683.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,001 shares of the company’s stock after buying an additional 45,310 shares during the period. California State Teachers Retirement System’s holdings in Alliance Laundry were worth $996,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also modified their holdings of the company. Royal Bank of Canada raised its stake in shares of Alliance Laundry by 32.5% during the first quarter. Royal Bank of Canada now owns 34,337 shares of the company’s stock valued at $713,000 after acquiring an additional 8,421 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in Alliance Laundry by 108.8% during the 1st quarter. The Manufacturers Life Insurance Company now owns 33,460 shares of the company’s stock worth $694,000 after purchasing an additional 17,434 shares during the period. Quantinno Capital Management LP purchased a new position in Alliance Laundry during the 1st quarter worth $384,000. SummitTX Capital L.P. bought a new stake in Alliance Laundry during the 1st quarter valued at $202,000. Finally, Renaissance Technologies LLC grew its position in shares of Alliance Laundry by 24.6% during the 1st quarter. Renaissance Technologies LLC now owns 207,300 shares of the company’s stock worth $4,299,000 after buying an additional 40,900 shares in the last quarter.
Insider Activity at Alliance Laundry
In other Alliance Laundry news, CAO Brian Christopher Sikora sold 17,500 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $26.15, for a total value of $457,625.00. Following the completion of the transaction, the chief accounting officer owned 13,951 shares in the company, valued at $364,818.65. The trade was a 55.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Amanda Brooke Kopetsky sold 13,472 shares of the company’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $27.00, for a total value of $363,744.00. Following the sale, the insider owned 7,331 shares in the company, valued at approximately $197,937. This trade represents a 64.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 137,528 shares of company stock valued at $3,583,271. 7.60% of the stock is owned by insiders.
Alliance Laundry Trading Down 1.0%
Alliance Laundry (NYSE:ALH – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.06. The firm had revenue of $476.75 million for the quarter. Alliance Laundry had a return on equity of 106.46% and a net margin of 10.08%. As a group, equities analysts predict that Alliance Laundry Holdings Inc. will post 1.29 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on ALH shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Alliance Laundry in a research report on Friday, August 7th. Morgan Stanley boosted their price target on Alliance Laundry from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Friday, May 29th. Citigroup upped their price objective on shares of Alliance Laundry from $30.00 to $31.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. JPMorgan Chase & Co. increased their price objective on shares of Alliance Laundry from $31.00 to $32.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Robert W. Baird raised their price objective on Alliance Laundry from $32.00 to $34.00 and gave the stock an “outperform” rating in a research note on Friday. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Alliance Laundry presently has an average rating of “Moderate Buy” and a consensus target price of $31.25.
Trending Headlines about Alliance Laundry
Here are the key news stories impacting Alliance Laundry this week:
- Positive Sentiment: Analysts raised price targets. JPMorgan increased its target from $31 to $32 and assigned an “overweight” rating, implying approximately 25.5% upside from the referenced $25.50 price. Robert W. Baird raised its target from $32 to $34 and reiterated an “outperform” rating, implying roughly 33.4% upside. Benzinga analyst ratings article The Fly analyst ratings article
- Positive Sentiment: Second-quarter earnings exceeded expectations. Alliance Laundry reported adjusted EPS of $0.41, above the $0.35 consensus estimate, on revenue of approximately $476.8 million. North American revenue increased 9%, while pricing and margin improvements helped strengthen the profit outlook. Zacks Q2 earnings article
- Positive Sentiment: Management raised its profitability outlook. Alliance Laundry indicated 2026 adjusted EBITDA growth of 8% to 10% and expects net leverage to decline to approximately 2.0 times, suggesting stronger cash generation and balance-sheet improvement. Seeking Alpha outlook article
- Neutral Sentiment: Revenue guidance remained broadly in line with expectations. The company projected fiscal 2026 revenue of approximately $1.8 billion, matching the consensus estimate, so the primary upside is coming from earnings quality, margins and deleveraging rather than higher sales guidance.
About Alliance Laundry
Alliance Laundry Systems (NYSE: ALH) is a manufacturer and distributor of commercial and residential laundry equipment and related services. The company designs, produces and sells a range of coin-operated and vended machines, on-premises washers and dryers, and allied equipment for laundromats, multi-housing, hospitality, healthcare and other institutional customers. Alliance’s product strategy emphasizes durable, high-throughput machines for professional laundry operators as well as appliances geared to self-service and multi-dwelling applications.
Its product portfolio includes coin-operated and card-operated washers and dryers, stacked and single-pocket models, industrial-grade on-premises equipment, and parts and accessories.
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