Vanguard Personalized Indexing Management LLC Purchases 947 Shares of Allison Transmission Holdings, Inc. $ALSN

Vanguard Personalized Indexing Management LLC grew its position in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 17.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,358 shares of the auto parts company’s stock after buying an additional 947 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Allison Transmission were worth $604,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its stake in Allison Transmission by 9.8% in the 1st quarter. GAMMA Investing LLC now owns 1,550 shares of the auto parts company’s stock valued at $148,000 after acquiring an additional 138 shares during the period. GHP Investment Advisors Inc. raised its position in shares of Allison Transmission by 25.0% in the first quarter. GHP Investment Advisors Inc. now owns 14,991 shares of the auto parts company’s stock valued at $1,434,000 after purchasing an additional 2,998 shares during the period. KBC Group NV raised its position in shares of Allison Transmission by 3.7% in the first quarter. KBC Group NV now owns 3,596 shares of the auto parts company’s stock valued at $344,000 after purchasing an additional 127 shares during the period. Kendall Capital Management lifted its stake in shares of Allison Transmission by 32.5% during the 1st quarter. Kendall Capital Management now owns 13,160 shares of the auto parts company’s stock valued at $1,259,000 after buying an additional 3,230 shares in the last quarter. Finally, Private Trust Co. NA boosted its holdings in Allison Transmission by 32.8% in the 1st quarter. Private Trust Co. NA now owns 636 shares of the auto parts company’s stock worth $61,000 after buying an additional 157 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Allison Transmission Stock Performance

Shares of ALSN opened at $82.53 on Wednesday. Allison Transmission Holdings, Inc. has a 12-month low of $79.35 and a 12-month high of $122.53. 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 $6.90 billion, a PE ratio of 9.38 and a beta of 1.01. The stock has a 50-day moving average price of $86.42 and a 200-day moving average price of $91.66.

Allison Transmission (NYSE:ALSN) last announced its earnings results on Monday, August 4th. The auto parts company reported $2.29 earnings per share 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 the consensus estimate of $811.05 million. During the same period last year, the firm posted $2.13 earnings per share. Allison Transmission’s quarterly revenue was down .2% on a year-over-year basis. Allison Transmission has set its FY 2025 guidance at EPS. As a group, equities analysts forecast that Allison Transmission Holdings, Inc. will post 9.06 earnings per share for the current fiscal year.

Allison Transmission Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Wednesday, August 20th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Wednesday, August 20th. Allison Transmission’s dividend payout ratio is currently 12.27%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Raymond James Financial lowered their target price on shares of Allison Transmission from $110.00 to $105.00 and set an “outperform” rating on the stock in a report on Monday, July 21st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Allison Transmission in a research note on Wednesday, October 8th. Zacks Research raised Allison Transmission from a “strong sell” rating to a “hold” rating in a report on Friday, September 19th. Citigroup reduced their target price on Allison Transmission from $105.00 to $100.00 and set a “neutral” rating for the company in a report on Tuesday, June 24th. Finally, 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. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $97.38.

Allison Transmission 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.