Allient (NASDAQ:ALNT) Upgraded to “Strong-Buy” at Zacks Research

Zacks Research upgraded shares of Allient (NASDAQ:ALNTFree Report) from a hold rating to a strong-buy rating in a research note released on Monday,Zacks.com reports.

Several other equities analysts have also weighed in on the company. Macquarie Infrastructure set a $80.00 price objective on Allient in a report on Tuesday, May 26th. Jefferies Financial Group set a $80.00 price target on Allient in a research report on Tuesday, May 26th. JPMorgan Chase & Co. increased their price target on Allient from $95.00 to $120.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Wall Street Zen raised Allient from a “hold” rating to a “strong-buy” rating in a report on Saturday. Finally, Weiss Ratings upgraded Allient from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Allient has a consensus rating of “Buy” and an average price target of $84.00.

View Our Latest Stock Report on ALNT

Allient Stock Performance

NASDAQ ALNT opened at $113.97 on Monday. Allient has a 52-week low of $41.75 and a 52-week high of $118.67. The company has a 50-day simple moving average of $92.35 and a 200 day simple moving average of $75.55. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.95 and a current ratio of 3.42. The company has a market capitalization of $1.94 billion, a PE ratio of 67.04 and a beta of 1.61.

Allient (NASDAQ:ALNTGet Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. Allient had a net margin of 4.98% and a return on equity of 13.55%. The firm had revenue of $153.77 million during the quarter, compared to the consensus estimate of $145.68 million. On average, research analysts predict that Allient will post 2.64 EPS for the current year.

Allient Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, August 19th. Allient’s dividend payout ratio (DPR) is presently 9.41%.

Institutional Trading of Allient

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Meeder Asset Management Inc. bought a new position in Allient in the 2nd quarter worth about $25,000. Arax Advisory Partners grew its holdings in Allient by 113.9% during the 4th quarter. Arax Advisory Partners now owns 494 shares of the company’s stock valued at $27,000 after buying an additional 263 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of Allient during the third quarter valued at about $34,000. Larson Financial Group LLC increased its position in shares of Allient by 149.1% during the fourth quarter. Larson Financial Group LLC now owns 690 shares of the company’s stock valued at $37,000 after buying an additional 413 shares during the period. Finally, Kilter Group LLC purchased a new stake in shares of Allient in the second quarter worth about $37,000. 61.57% of the stock is currently owned by institutional investors.

Key Allient News

Here are the key news stories impacting Allient this week:

  • Positive Sentiment: Northland Securities raised its earnings forecasts across multiple periods. The firm increased its FY2026 EPS estimate to $2.68 from $2.46, FY2027 to $3.11 from $2.93, FY2028 to $3.54 from $3.28, and FY2030 to $4.17 from $3.72. It also lifted estimates for Q3 2026, Q2 2027 and Q3 2027. The broad-based revisions signal improving expectations for Allient’s earnings growth. Q4 EPS Estimates for Allient Raised by Northland Securities
  • Positive Sentiment: Allient’s price target was raised to $120. The increase from Northland Securities provides a positive valuation signal and suggests additional potential upside relative to recent trading levels. Allient Price Target Raised to $120
  • Positive Sentiment: The company recently exceeded quarterly expectations. Allient reported $0.80 in earnings per share versus the $0.61 consensus estimate and revenue of $153.77 million versus expectations of $145.68 million. The earnings and revenue beats likely reinforced the subsequent analyst upgrades.
  • Neutral Sentiment: Options activity has attracted investor attention. A Zacks report highlights unusual or notable movements in Allient’s options market, but the available information does not establish whether traders are positioning for a rise or decline. Options Trading Activity at Allient
  • Neutral Sentiment: Short-interest data does not show meaningful bearish positioning. The report lists zero shares sold short and a zero-day days-to-cover ratio, but the “increase” figure is invalid because the prior period also showed zero shares. This appears more likely to be a reporting issue than a substantive trading signal.

Allient Company Profile

(Get Free Report)

Allient Inc, together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems for various industries in the United States, Canada, South America, Europe, and Asia-Pacific. It offers brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gearmotors, gearing, modular digital servo drives, motion controllers, optical encoders, active and passive filters, input/output modules, industrial communications gateways, light-weighting technologies, and other controlled motion-related products, as well as nano precision positioning systems, servo control systems, and digital servo amplifiers and drives.

Read More

Analyst Recommendations for Allient (NASDAQ:ALNT)

Receive News & Ratings for Allient Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allient and related companies with MarketBeat.com's FREE daily email newsletter.