Yousif Capital Management LLC Trims Holdings in Allison Transmission Holdings, Inc. $ALSN

Yousif Capital Management LLC reduced its stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) by 6.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,146 shares of the auto parts company’s stock after selling 148 shares during the quarter. Yousif Capital Management LLC’s holdings in Allison Transmission were worth $204,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Trust Co. of Toledo NA OH bought a new stake in Allison Transmission during the 2nd quarter valued at about $28,000. SVB Wealth LLC purchased a new position in shares of Allison Transmission during the first quarter worth approximately $33,000. WPG Advisers LLC bought a new stake in shares of Allison Transmission during the first quarter valued at approximately $34,000. Steph & Co. purchased a new stake in shares of Allison Transmission in the second quarter valued at approximately $41,000. Finally, SRH Advisors LLC grew its stake in Allison Transmission by 95.0% in the first quarter. SRH Advisors LLC now owns 468 shares of the auto parts company’s stock worth $45,000 after purchasing an additional 228 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Raymond James Financial decreased their target price on Allison Transmission from $110.00 to $105.00 and set an “outperform” rating for the company in a research report on Monday, July 21st. Zacks Research upgraded Allison Transmission from a “strong sell” rating to a “hold” rating in a report on Friday, September 19th. Weiss Ratings cut shares of Allison Transmission from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. Finally, JPMorgan Chase & Co. reduced their price target on shares of Allison Transmission from $95.00 to $90.00 and set a “neutral” rating for the company in a report on Tuesday, October 14th. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $97.38.

Allison Transmission Stock Down 0.5%

Shares of Allison Transmission stock opened at $82.82 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 company has a market cap of $6.93 billion, a P/E ratio of 9.41 and a beta of 1.01. The firm’s 50 day moving average price is $86.05 and its 200-day moving average price is $91.58. Allison Transmission Holdings, Inc. has a 52-week low of $79.35 and a 52-week high of $122.53.

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 the consensus estimate of $2.20 by $0.09. Allison Transmission had a net margin of 23.81% and a return on equity of 45.56%. The company had revenue of $814.00 million during the quarter, compared to the consensus estimate of $811.05 million. During the same period last year, the firm earned $2.13 earnings per share. Allison Transmission’s revenue was down .2% compared to the same quarter last year. Allison Transmission has set its FY 2025 guidance at EPS. On average, sell-side analysts predict that Allison Transmission Holdings, Inc. will post 9.06 EPS for the current fiscal year.

Allison Transmission Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Wednesday, August 20th were given a $0.27 dividend. The ex-dividend date of this dividend 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 12.27%.

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.