Alight (NYSE:ALIT) Rating Lowered to Sector Weight at KeyCorp

Alight (NYSE:ALIT) was downgraded by stock analysts at KeyCorp from an “overweight” rating to a “sector weight” rating in a research note issued on Thursday, Marketbeat reports.

A number of other brokerages also recently commented on ALIT. UBS Group dropped their price objective on shares of Alight from $6.50 to $4.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. DA Davidson dropped their target price on Alight from $6.00 to $5.00 and set a “buy” rating on the stock in a report on Tuesday, February 10th. Wedbush cut their price target on Alight from $7.00 to $5.00 and set an “outperform” rating on the stock in a research note on Thursday, November 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Alight in a research report on Wednesday, January 21st. Finally, Bank of America began coverage on Alight in a research report on Tuesday. They set an “underperform” rating and a $1.40 target price on the stock. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $3.56.

Alight Price Performance

Shares of NYSE ALIT opened at $0.75 on Thursday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market cap of $399.37 million, a price-to-earnings ratio of -0.13, a price-to-earnings-growth ratio of 0.13 and a beta of 1.09. The stock’s 50-day moving average is $1.65 and its two-hundred day moving average is $2.58. Alight has a 1-year low of $0.72 and a 1-year high of $7.08.

Alight (NYSE:ALIT) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.07). The company had revenue of $653.00 million for the quarter, compared to analyst estimates of $654.30 million. Alight had a positive return on equity of 8.01% and a negative net margin of 136.91%. Analysts forecast that Alight will post 0.54 EPS for the current fiscal year.

Insider Buying and Selling at Alight

In other news, Director Richard N. Massey acquired 100,000 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The stock was acquired at an average cost of $2.33 per share, with a total value of $233,000.00. Following the completion of the acquisition, the director owned 100,000 shares of the company’s stock, valued at $233,000. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert A. Schriesheim bought 42,098 shares of the stock in a transaction dated Wednesday, November 26th. The shares were acquired at an average price of $2.38 per share, for a total transaction of $100,193.24. Following the completion of the transaction, the director owned 109,130 shares of the company’s stock, valued at approximately $259,729.40. The trade was a 62.80% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders bought 193,116 shares of company stock worth $448,984. 1.93% of the stock is owned by insiders.

Institutional Investors Weigh In On Alight

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of Alight by 2.8% during the fourth quarter. Vanguard Group Inc. now owns 43,783,776 shares of the company’s stock worth $85,378,000 after buying an additional 1,205,027 shares during the period. Dimensional Fund Advisors LP lifted its position in Alight by 1.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 25,937,324 shares of the company’s stock worth $84,558,000 after acquiring an additional 348,285 shares during the period. Goldman Sachs Group Inc. lifted its position in Alight by 87.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 24,777,535 shares of the company’s stock worth $48,316,000 after acquiring an additional 11,534,921 shares during the period. Rubric Capital Management LP increased its holdings in shares of Alight by 10.8% in the second quarter. Rubric Capital Management LP now owns 19,626,953 shares of the company’s stock valued at $111,089,000 after purchasing an additional 1,906,140 shares during the period. Finally, Cooper Creek Partners Management LLC raised its stake in shares of Alight by 6.6% during the third quarter. Cooper Creek Partners Management LLC now owns 19,168,119 shares of the company’s stock worth $62,488,000 after purchasing an additional 1,187,092 shares during the last quarter. 96.74% of the stock is owned by hedge funds and other institutional investors.

Alight News Roundup

Here are the key news stories impacting Alight this week:

• Positive Sentiment: New CEO unveils a $100M capital deployment plan aimed at innovation and operational excellence — a clear signal management is prioritizing a turnaround and product investment that could support longer‑term revenue/efficiency gains. Alight signals $100M capital deployment
• Positive Sentiment: Company reported full‑year revenue of about $2.3B and said it generated strong cash from operations and free cash flow — cash strength may help fund the turnaround plan and reduce downside risk. Alight Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Unusual options activity: notable call buying (5,659 calls) suggests some traders are speculating on a rebound or event‑driven upside. (Could be short‑term/speculative interest.)
• Neutral Sentiment: Coverage/analysis flow: Bank of America initiated coverage (new institutional attention can increase liquidity and analyst focus). Bank of America Initiates Coverage on Alight
• Neutral Sentiment: Earnings call / transcript are available — management outlined its strategy and investments, which investors will parse for execution timelines; read the highlights and full transcript for detail. Alight Q4 2025 Earnings Call Highlights Q4 2025 Earnings Call Transcript
• Negative Sentiment: Q4 earnings missed expectations: EPS $0.18 vs. consensus ~ $0.25 and revenue was marginally below estimates — this miss is the proximate trigger for selling pressure. Alight Lags Q4 Earnings Estimates
• Negative Sentiment: Multiple analyst downgrades (Needham cut buy→hold; KeyCorp trimmed to sector weight) increase selling pressure and reduce near‑term analyst support. Needham downgrades Alight
• Negative Sentiment: Block & Leviton announced an investigation into potential securities‑law violations involving Alight — a litigation or regulatory probe materially raises uncertainty and is a major near‑term negative catalyst. Alight Investigated for Securities Fraud

About Alight

Alight, Inc (NYSE: ALIT) is a leading provider of cloud-based human capital and financial solutions designed to help organizations and their employees navigate critical life and work events. The company offers a comprehensive suite of services, including payroll administration, benefits enrollment and management, workforce and analytics solutions, health and welfare support, and financial wellness programs. By integrating advanced technology with expert advisory services, Alight aims to simplify the administration of human resources and benefits functions, improve employee engagement and productivity, and drive cost efficiencies for its clients.

Alight’s core platform leverages cloud architecture and automation to deliver scalable and secure solutions that address the needs of mid-sized and large enterprises.