Allison Transmission Holdings, Inc. $ALSN Holdings Cut by American Century Companies Inc.

American Century Companies Inc. lowered its holdings in Allison Transmission Holdings, Inc. (NYSE:ALSN) by 24.3% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,450 shares of the auto parts company’s stock after selling 8,152 shares during the period. American Century Companies Inc.’s holdings in Allison Transmission were worth $2,435,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. 111 Capital bought a new position in Allison Transmission in the fourth quarter worth about $599,000. Jefferies Financial Group Inc. bought a new stake in shares of Allison Transmission during the fourth quarter valued at approximately $901,000. Public Employees Retirement System of Ohio raised its holdings in shares of Allison Transmission by 35.0% during the fourth quarter. Public Employees Retirement System of Ohio now owns 57,788 shares of the auto parts company’s stock valued at $6,245,000 after buying an additional 14,994 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Allison Transmission by 10.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 304,230 shares of the auto parts company’s stock valued at $32,875,000 after buying an additional 28,490 shares during the last quarter. Finally, KBC Group NV raised its holdings in shares of Allison Transmission by 3.7% during the first quarter. KBC Group NV now owns 3,596 shares of the auto parts company’s stock valued at $344,000 after buying an additional 127 shares during the last quarter. Institutional investors own 96.90% of the company’s stock.

Allison Transmission Price Performance

NYSE ALSN opened at $87.35 on Monday. Allison Transmission Holdings, Inc. has a 12 month low of $80.39 and a 12 month high of $122.53. The company has a debt-to-equity ratio of 1.37, a current ratio of 3.36 and a quick ratio of 2.64. The firm has a market capitalization of $7.30 billion, a PE ratio of 9.93 and a beta of 1.02. The company’s 50 day simple moving average is $90.26 and its 200 day simple moving average is $94.86.

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

Allison Transmission Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 29th. Shareholders 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 annualized dividend and a yield of 1.2%. Allison Transmission’s payout ratio is 12.27%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on ALSN. Raymond James Financial cut their price target on Allison Transmission from $110.00 to $105.00 and set an “outperform” rating on the stock in a report on Monday, July 21st. Zacks Research cut Allison Transmission from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 19th. Citigroup cut their price target on Allison Transmission from $105.00 to $100.00 and set a “neutral” rating on the stock in a report on Tuesday, June 24th. Wall Street Zen cut Allison Transmission from a “buy” rating to a “hold” rating in a report on Sunday, June 22nd. Finally, The Goldman Sachs Group lifted their price target on Allison Transmission from $80.00 to $90.00 and gave the company a “sell” rating in a report on Tuesday, May 27th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company 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.