Arcus Capital Partners LLC Acquires New Position in Allison Transmission Holdings, Inc. $ALSN

Arcus Capital Partners LLC acquired a new stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,014 shares of the auto parts company’s stock, valued at approximately $381,000.

Several other institutional investors and hedge funds have also modified their holdings of ALSN. GAMMA Investing LLC lifted its stake in shares of Allison Transmission by 9.8% during the first quarter. GAMMA Investing LLC now owns 1,550 shares of the auto parts company’s stock valued at $148,000 after buying an additional 138 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of Allison Transmission by 3.8% during the first quarter. Janney Montgomery Scott LLC now owns 75,793 shares of the auto parts company’s stock valued at $7,251,000 after buying an additional 2,793 shares during the period. Blue Trust Inc. lifted its stake in shares of Allison Transmission by 37.9% during the first quarter. Blue Trust Inc. now owns 3,725 shares of the auto parts company’s stock valued at $356,000 after buying an additional 1,023 shares during the period. GHP Investment Advisors Inc. lifted its stake in shares of Allison Transmission by 25.0% during 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 buying an additional 2,998 shares during the period. Finally, KBC Group NV lifted its stake 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 period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Allison Transmission Stock Performance

Allison Transmission stock opened at $80.80 on Friday. The company has a market capitalization of $6.76 billion, a price-to-earnings ratio of 9.18 and a beta of 1.01. The company has a debt-to-equity ratio of 1.37, a current ratio of 3.36 and a quick ratio of 2.64. Allison Transmission Holdings, Inc. has a 12-month low of $79.35 and a 12-month high of $122.53. The firm’s fifty day moving average price is $86.73 and its 200 day moving average price is $91.75.

Allison Transmission (NYSE:ALSN) last posted its quarterly earnings results on Monday, August 4th. The auto parts company reported $2.29 EPS 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 business had revenue of $814.00 million during the quarter, compared to analyst estimates of $811.05 million. During the same period in the previous year, the business posted $2.13 EPS. The company’s quarterly revenue was down .2% on a year-over-year basis. Allison Transmission has set its FY 2025 guidance at EPS. On average, 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. Stockholders of record on Wednesday, August 20th were issued a $0.27 dividend. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a $1.08 annualized dividend and a dividend yield of 1.3%. Allison Transmission’s payout ratio is 12.27%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on ALSN shares. Wall Street Zen downgraded shares of Allison Transmission from a “buy” rating to a “hold” rating in a research note on Sunday, June 22nd. JPMorgan Chase & Co. cut their price target on shares of Allison Transmission from $95.00 to $90.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 14th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Allison Transmission in a research note on Wednesday, October 8th. Zacks Research raised shares of Allison Transmission from a “strong sell” rating to a “hold” rating in a research note on Friday, September 19th. Finally, Citigroup cut their price target on shares of Allison Transmission from $105.00 to $100.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 24th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $97.38.

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.