21,000 Shares in Allison Transmission Holdings, Inc. $ALSN Purchased by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. purchased a new position in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 21,000 shares of the auto parts company’s stock, valued at approximately $1,995,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ALSN. Private Trust Co. NA boosted its stake in shares of Allison Transmission by 32.8% during the 1st quarter. Private Trust Co. NA now owns 636 shares of the auto parts company’s stock worth $61,000 after acquiring an additional 157 shares during the period. OneDigital Investment Advisors LLC raised its stake in Allison Transmission by 25.9% in the 1st quarter. OneDigital Investment Advisors LLC now owns 3,320 shares of the auto parts company’s stock valued at $318,000 after acquiring an additional 682 shares during the period. Concurrent Investment Advisors LLC lifted its holdings in Allison Transmission by 45.4% during the 1st quarter. Concurrent Investment Advisors LLC now owns 5,556 shares of the auto parts company’s stock valued at $532,000 after purchasing an additional 1,735 shares during the last quarter. Penserra Capital Management LLC acquired a new stake in Allison Transmission during the 1st quarter valued at $375,000. Finally, TD Private Client Wealth LLC boosted its position in Allison Transmission by 22.4% during the first quarter. TD Private Client Wealth LLC now owns 4,331 shares of the auto parts company’s stock worth $414,000 after purchasing an additional 794 shares during the period. Institutional investors own 96.90% of the company’s stock.

Allison Transmission Stock Down 1.4%

NYSE ALSN opened at $81.37 on Tuesday. The company has a current ratio of 3.36, a quick ratio of 2.64 and a debt-to-equity ratio of 1.37. The company has a market cap of $6.80 billion, a price-to-earnings ratio of 9.97 and a beta of 1.01. The company has a 50 day moving average of $85.40 and a 200-day moving average of $91.36. Allison Transmission Holdings, Inc. has a 1-year low of $76.01 and a 1-year high of $122.53.

Allison Transmission (NYSE:ALSN) last posted its quarterly earnings data 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 company 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%.Allison Transmission’s revenue was down 15.9% on a year-over-year basis. During the same quarter last year, the business earned $2.27 EPS. Allison Transmission has set its FY 2025 guidance at EPS. On average, equities 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 $0.27 dividend. The ex-dividend date was Wednesday, August 20th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.3%. Allison Transmission’s dividend payout ratio (DPR) is presently 13.24%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ALSN. Raymond James Financial cut their target price on shares of Allison Transmission from $110.00 to $105.00 and set an “outperform” rating for the company in a research note on Monday, July 21st. Citigroup decreased their price target on shares of Allison Transmission from $95.00 to $90.00 and set a “neutral” rating on the stock in a research note on Friday. JPMorgan Chase & Co. lowered their price target on shares of Allison Transmission from $90.00 to $87.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th. Weiss Ratings downgraded shares of Allison Transmission from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 24th. Finally, Zacks Research raised Allison Transmission from a “strong sell” rating to a “hold” rating in a research report on Friday, September 19th. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $93.00.

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.