Allison Transmission Holdings, Inc. $ALSN Holdings Decreased by Wellington Management Group LLP

Wellington Management Group LLP reduced its stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 5.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,447 shares of the auto parts company’s stock after selling 1,009 shares during the quarter. Wellington Management Group LLP’s holdings in Allison Transmission were worth $1,669,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Vident Advisory LLC grew its stake in Allison Transmission by 1.0% during the 4th quarter. Vident Advisory LLC now owns 10,182 shares of the auto parts company’s stock worth $1,100,000 after buying an additional 102 shares during the last quarter. Callan Family Office LLC grew its stake in Allison Transmission by 5.1% during the 1st quarter. Callan Family Office LLC now owns 2,606 shares of the auto parts company’s stock worth $249,000 after buying an additional 126 shares during the last quarter. KBC Group NV grew its stake in Allison Transmission by 3.7% during the 1st quarter. KBC Group NV now owns 3,596 shares of the auto parts company’s stock worth $344,000 after buying an additional 127 shares during the last quarter. GAMMA Investing LLC grew its stake in Allison Transmission by 9.8% during the 1st quarter. GAMMA Investing LLC now owns 1,550 shares of the auto parts company’s stock worth $148,000 after buying an additional 138 shares during the last quarter. Finally, Delta Investment Management LLC grew its stake in Allison Transmission by 3.4% during the 4th quarter. Delta Investment Management LLC now owns 4,540 shares of the auto parts company’s stock worth $491,000 after buying an additional 151 shares during the last quarter. 96.90% of the stock is currently owned by institutional investors.

Allison Transmission Trading Down 0.5%

Shares of Allison Transmission stock opened at $87.35 on Friday. The company has a quick ratio of 2.64, a current ratio of 3.36 and a debt-to-equity ratio of 1.37. The firm has a market cap of $7.30 billion, a price-to-earnings ratio of 9.93 and a beta of 0.97. The business has a fifty day simple moving average of $90.26 and a 200-day simple moving average of $94.90. Allison Transmission Holdings, Inc. has a fifty-two week low of $80.39 and a fifty-two week high of $122.53.

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

Allison Transmission Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Wednesday, August 20th were issued a $0.27 dividend. The ex-dividend date was Wednesday, August 20th. This represents a $1.08 annualized dividend and a dividend yield of 1.2%. Allison Transmission’s dividend payout ratio is 12.27%.

Wall Street Analysts Forecast Growth

ALSN has been the subject of a number of recent research reports. Morgan Stanley upped their price objective on Allison Transmission from $94.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 6th. Zacks Research cut Allison Transmission from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 19th. Wall Street Zen cut Allison Transmission from a “buy” rating to a “hold” rating in a research note on Sunday, June 22nd. The Goldman Sachs Group increased their price target on Allison Transmission from $80.00 to $90.00 and gave the stock a “sell” rating in a research note on Tuesday, May 27th. Finally, Raymond James Financial decreased their price target on Allison Transmission from $110.00 to $105.00 and set an “outperform” rating for the company in a research note on Monday, July 21st. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Allison Transmission currently has a consensus rating of “Reduce” and an average target price of $98.38.

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.