Lisanti Capital Growth LLC increased its position in Allient Inc. (NASDAQ:ALNT – Free Report) by 78.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,170 shares of the company’s stock after purchasing an additional 24,280 shares during the period. Allient makes up approximately 1.7% of Lisanti Capital Growth LLC’s holdings, making the stock its 13th biggest position. Lisanti Capital Growth LLC’s holdings in Allient were worth $6,157,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Meeder Asset Management Inc. purchased a new stake in Allient during the 2nd quarter valued at about $25,000. Kilter Group LLC purchased a new position in Allient in the second quarter worth about $37,000. GAMMA Investing LLC raised its holdings in Allient by 29.3% in the third quarter. GAMMA Investing LLC now owns 485 shares of the company’s stock worth $54,000 after buying an additional 110 shares during the last quarter. Sterling Capital Management LLC raised its holdings in Allient by 853.8% in the third quarter. Sterling Capital Management LLC now owns 496 shares of the company’s stock worth $55,000 after buying an additional 444 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Allient by 5,102.3% in the first quarter. EverSource Wealth Advisors LLC now owns 2,289 shares of the company’s stock worth $135,000 after buying an additional 2,245 shares in the last quarter. Institutional investors own 61.57% of the company’s stock.
Analyst Ratings Changes
ALNT has been the topic of a number of recent analyst reports. Wall Street Zen upgraded shares of Allient from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 7th. JPMorgan Chase & Co. decreased their price objective on shares of Allient from $120.00 to $110.00 and set a “neutral” rating for the company in a report on Friday, November 6th. Zacks Research raised Allient from a “hold” rating to a “strong-buy” rating in a research report on Monday. Finally, Weiss Ratings cut Allient from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $82.33.
Check Out Our Latest Research Report on Allient
Allient Price Performance
ALNT opened at $86.28 on Thursday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.99 and a current ratio of 3.49. The stock has a market capitalization of $1.47 billion, a P/E ratio of 28.98 and a beta of 1.62. The company’s 50-day simple moving average is $98.33 and its two-hundred day simple moving average is $83.23. Allient Inc. has a 52-week low of $48.12 and a 52-week high of $121.42.
Allient (NASDAQ:ALNT – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.33. Allient had a net margin of 6.24% and a return on equity of 15.80%. The firm had revenue of $164.40 million during the quarter, compared to analyst estimates of $155.25 million. As a group, analysts predict that Allient Inc. will post 3.08 EPS for the current year.
Allient Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Wednesday, November 18th will be issued a $0.04 dividend. The ex-dividend date is Wednesday, November 18th. This represents a $0.16 annualized dividend and a yield of 0.2%. Allient’s dividend payout ratio (DPR) is currently 7.21%.
Allient News Roundup
Here’s some of the latest news about ALNT:
- Positive Sentiment: Zacks Research upgraded Allient from “hold” to “strong-buy,” signaling a more bullish view of the stock. Zacks Research ratings
- Positive Sentiment: Northland Securities raised its FY2026 EPS estimate to $3.05 from $2.68, above the cited consensus of $2.96. It also lifted forecasts across multiple quarters and future years, including FY2027 to $3.26, FY2028 to $3.70, FY2029 to $4.05 and FY2030 to $4.29 per share. These upward revisions point to improved earnings expectations. Allient analyst coverage
- Neutral Sentiment: A report lists Allient’s short interest at zero shares and a 0.0-day short-interest ratio, suggesting no reported short position; the entry’s claim of a “large increase” conflicts with those figures, so the data may be unreliable. Allient short-interest information
Allient Company Profile
Allient Inc. designs and manufactures precision and specialty motion-control and power solutions. Its products include motors, gear motors, motion controllers, drives, encoders, actuators and integrated systems that help equipment move and operate with precision. The company serves a range of markets, including medical, aerospace and defense, industrial automation, robotics, transportation and energy. Allient operates internationally, with customers and operations across North America, Europe and Asia.
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