Atlas Capital Advisors Inc. Takes $1.10 Million Position in Allison Transmission Holdings, Inc. $ALSN

Atlas Capital Advisors Inc. bought a new stake in Allison Transmission Holdings, Inc. (NYSE:ALSN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,199 shares of the auto parts company’s stock, valued at approximately $1,096,000.

A number of other large investors have also added to or reduced their stakes in ALSN. Jane Street Group LLC increased its holdings in Allison Transmission by 341.3% during the first quarter. Jane Street Group LLC now owns 288,674 shares of the auto parts company’s stock worth $27,617,000 after buying an additional 223,253 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Allison Transmission by 5.7% during the first quarter. Goldman Sachs Group Inc. now owns 214,907 shares of the auto parts company’s stock worth $20,560,000 after buying an additional 11,542 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Allison Transmission by 9.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,892 shares of the auto parts company’s stock worth $180,000 after buying an additional 165 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Allison Transmission by 441.5% during the second quarter. EverSource Wealth Advisors LLC now owns 1,018 shares of the auto parts company’s stock worth $97,000 after buying an additional 830 shares during the last quarter. Finally, Marshall Wace LLP purchased a new stake in Allison Transmission during the second quarter worth about $6,111,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Allison Transmission Price Performance

ALSN opened at $117.40 on Monday. The company has a market capitalization of $9.74 billion, a price-to-earnings ratio of 18.26, a PEG ratio of 0.63 and a beta of 0.94. The company has a quick ratio of 1.18, a current ratio of 1.85 and a debt-to-equity ratio of 2.23. The firm has a 50-day moving average price of $121.29 and a 200-day moving average price of $112.90. Allison Transmission Holdings, Inc. has a twelve month low of $76.01 and a twelve month high of $137.62.

Allison Transmission (NYSE:ALSN) last posted its earnings results on Monday, May 4th. The auto parts company reported $2.57 earnings per share for the quarter, topping the consensus estimate of $2.10 by $0.47. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.38 billion. Allison Transmission had a net margin of 14.88% and a return on equity of 37.50%. The company’s revenue was up 83.6% on a year-over-year basis. During the same quarter last year, the company earned $2.23 earnings per share. Equities analysts expect that Allison Transmission Holdings, Inc. will post 9.96 EPS for the current year.

Allison Transmission Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Monday, May 18th were paid a $0.29 dividend. The ex-dividend date was Monday, May 18th. This represents a $1.16 annualized dividend and a dividend yield of 1.0%. Allison Transmission’s dividend payout ratio (DPR) is presently 18.04%.

Insider Buying and Selling at Allison Transmission

In other news, CFO Scott A. Mell sold 2,270 shares of Allison Transmission stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $125.00, for a total value of $283,750.00. Following the completion of the transaction, the chief financial officer owned 1,053 shares in the company, valued at $131,625. This trade represents a 68.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on ALSN shares. Weiss Ratings upgraded shares of Allison Transmission from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, June 4th. Wells Fargo & Company raised their price objective on shares of Allison Transmission from $127.00 to $137.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Oppenheimer raised their price objective on shares of Allison Transmission from $115.00 to $135.00 and gave the stock an “outperform” rating in a report on Tuesday, February 24th. Zacks Research downgraded shares of Allison Transmission from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Finally, Citigroup lifted their target price on shares of Allison Transmission from $130.00 to $135.00 and gave the stock a “neutral” rating in a research note on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $120.29.

Allison Transmission Profile

Allison Transmission Holdings Inc is a global designer, manufacturer and seller of fully automatic transmissions and hybrid propulsion systems for commercial duty vehicles and off-highway equipment. The company’s products are engineered to improve fuel efficiency, reduce emissions and enhance performance across a broad range of industries. Allison’s core transmission portfolio serves applications such as on-highway trucks and buses, medium- and heavy-duty commercial vehicles, and military ground vehicles.

In addition to conventional automatic transmissions, Allison offers advanced hybrid systems that integrate electric motors with mechanical transmission components.