Winmill & CO. Inc. Purchases Shares of 79,500 Allison Transmission Holdings, Inc. $ALSN

Winmill & CO. Inc. purchased a new stake in Allison Transmission Holdings, Inc. (NYSE:ALSN) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 79,500 shares of the auto parts company’s stock, valued at approximately $7,552,000. Allison Transmission accounts for about 2.1% of Winmill & CO. Inc.’s holdings, making the stock its 22nd biggest position. Winmill & CO. Inc. owned 0.09% of Allison Transmission as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Envestnet Asset Management Inc. increased its holdings in Allison Transmission by 16.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 252,089 shares of the auto parts company’s stock valued at $23,946,000 after buying an additional 36,405 shares during the period. Nisa Investment Advisors LLC increased its holdings in Allison Transmission by 5.3% in the 2nd quarter. Nisa Investment Advisors LLC now owns 34,127 shares of the auto parts company’s stock valued at $3,242,000 after buying an additional 1,718 shares during the period. Ingalls & Snyder LLC increased its holdings in Allison Transmission by 31.8% in the 2nd quarter. Ingalls & Snyder LLC now owns 15,213 shares of the auto parts company’s stock valued at $1,445,000 after buying an additional 3,671 shares during the period. Brighton Jones LLC bought a new stake in Allison Transmission in the 2nd quarter valued at $231,000. Finally, MQS Management LLC bought a new stake in Allison Transmission in the 2nd quarter valued at $516,000. Institutional investors own 96.90% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on ALSN. JPMorgan Chase & Co. lowered their price target on shares of Allison Transmission from $95.00 to $90.00 and set a “neutral” rating on the stock in a report on Tuesday, October 14th. Raymond James Financial reduced their target price on shares of Allison Transmission from $110.00 to $105.00 and set an “outperform” rating on the stock in a research note on Monday, July 21st. Zacks Research upgraded shares of Allison Transmission from a “strong sell” rating to a “hold” rating in a research note on Friday, September 19th. Finally, Weiss Ratings downgraded shares of Allison Transmission from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Allison Transmission presently has a consensus rating of “Hold” and an average price target of $97.38.

Allison Transmission Stock Down 0.5%

Shares of NYSE ALSN opened at $82.82 on Monday. The firm’s 50-day simple moving average is $86.05 and its 200 day simple moving average is $91.63. The company has a market cap of $6.93 billion, a price-to-earnings ratio of 9.41 and a beta of 1.01. The company has a quick ratio of 2.64, a current ratio of 3.36 and a debt-to-equity ratio of 1.37. Allison Transmission Holdings, Inc. has a 12-month low of $79.35 and a 12-month high of $122.53.

Allison Transmission (NYSE:ALSN) last issued its quarterly earnings results on Monday, August 4th. The auto parts company reported $2.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.20 by $0.09. The business had revenue of $814.00 million for the quarter, compared to the consensus estimate of $811.05 million. Allison Transmission had a net margin of 23.81% and a return on equity of 45.56%. The firm’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.13 EPS. Allison Transmission has set its FY 2025 guidance at EPS. On average, research analysts expect that Allison Transmission Holdings, Inc. will post 9.06 earnings per share for the current fiscal year.

Allison Transmission Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Wednesday, August 20th were given a dividend of $0.27 per share. The ex-dividend date was Wednesday, August 20th. This represents a $1.08 annualized dividend and a yield of 1.3%. Allison Transmission’s dividend payout ratio is 12.27%.

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.