Systematic Financial Management LP Buys 10,145 Shares of Allison Transmission Holdings, Inc. $ALSN

Systematic Financial Management LP boosted its stake in Allison Transmission Holdings, Inc. (NYSE:ALSN) by 52.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,585 shares of the auto parts company’s stock after purchasing an additional 10,145 shares during the period. Systematic Financial Management LP’s holdings in Allison Transmission were worth $2,896,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Rossby Financial LCC grew its position in Allison Transmission by 107.0% in the 3rd quarter. Rossby Financial LCC now owns 296 shares of the auto parts company’s stock worth $25,000 after purchasing an additional 153 shares during the period. Larson Financial Group LLC grew its position in Allison Transmission by 536.7% in the 4th quarter. Larson Financial Group LLC now owns 312 shares of the auto parts company’s stock worth $31,000 after purchasing an additional 263 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in Allison Transmission in the 4th quarter worth approximately $51,000. Advisory Services Network LLC purchased a new position in shares of Allison Transmission during the 3rd quarter worth $61,000. Finally, Wolverine Asset Management LLC boosted its stake in shares of Allison Transmission by 120.4% during the 4th quarter. Wolverine Asset Management LLC now owns 695 shares of the auto parts company’s stock worth $68,000 after acquiring an additional 4,100 shares during the last quarter. Institutional investors own 96.90% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on ALSN shares. Citigroup lifted their price target on shares of Allison Transmission from $130.00 to $135.00 and gave the stock a “neutral” rating in a research note on Monday, April 13th. Zacks Research cut shares of Allison Transmission from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Oppenheimer lifted their price target on shares of Allison Transmission from $115.00 to $135.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 24th. Weiss Ratings cut shares of Allison Transmission from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday. Finally, Wells Fargo & Company lifted their price target on shares of Allison Transmission from $127.00 to $137.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $116.50.

Insiders Place Their Bets

In related news, CFO Scott A. Mell sold 2,270 shares of Allison Transmission stock in a transaction on Friday, May 8th. The shares were sold at an average price of $125.00, for a total transaction of $283,750.00. Following the transaction, the chief financial officer owned 1,053 shares in the company, valued at approximately $131,625. The trade was a 68.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Eric C. Scroggins sold 1,313 shares of Allison Transmission stock in a transaction on Monday, March 9th. The shares were sold at an average price of $114.40, for a total transaction of $150,207.20. Following the transaction, the insider owned 17,654 shares in the company, valued at approximately $2,019,617.60. This trade represents a 6.92% decrease in their position. The SEC filing for this sale provides additional information. 1.10% of the stock is currently owned by insiders.

Allison Transmission Stock Down 0.0%

ALSN opened at $109.86 on Monday. The company has a debt-to-equity ratio of 2.23, a quick ratio of 1.18 and a current ratio of 1.85. Allison Transmission Holdings, Inc. has a fifty-two week low of $76.01 and a fifty-two week high of $137.62. The firm’s fifty day moving average is $121.20 and its 200 day moving average is $109.37. The stock has a market cap of $9.11 billion, a price-to-earnings ratio of 17.09, a price-to-earnings-growth ratio of 0.59 and a beta of 1.01.

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

Allison Transmission Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Monday, May 18th will be paid a dividend of $0.29 per share. The ex-dividend date is Monday, May 18th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.1%. Allison Transmission’s payout ratio is 18.04%.

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.