WINTON GROUP Ltd Acquires New Shares in Allison Transmission Holdings, Inc. $ALSN

WINTON GROUP Ltd acquired a new position in Allison Transmission Holdings, Inc. (NYSE:ALSN) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 5,800 shares of the auto parts company’s stock, valued at approximately $654,000.

A number of other institutional investors have also added to or reduced their stakes in ALSN. Arizona State Retirement System raised its holdings in shares of Allison Transmission by 0.3% in the 2nd quarter. Arizona State Retirement System now owns 22,938 shares of the auto parts company’s stock valued at $2,586,000 after purchasing an additional 78 shares in the last quarter. Gamco Investors INC. ET AL lifted its position in shares of Allison Transmission by 1.6% in the 1st quarter. Gamco Investors INC. ET AL now owns 6,473 shares of the auto parts company’s stock worth $758,000 after purchasing an additional 100 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of Allison Transmission by 16.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 732 shares of the auto parts company’s stock valued at $72,000 after purchasing an additional 105 shares in the last quarter. Villanova Investment Management Co LLC boosted its stake in shares of Allison Transmission by 0.4% during the fourth quarter. Villanova Investment Management Co LLC now owns 26,089 shares of the auto parts company’s stock valued at $2,554,000 after purchasing an additional 106 shares in the last quarter. Finally, Evoke Wealth LLC increased its holdings in Allison Transmission by 5.5% during the fourth quarter. Evoke Wealth LLC now owns 2,541 shares of the auto parts company’s stock valued at $249,000 after buying an additional 133 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ALSN shares. Weiss Ratings raised shares of Allison Transmission from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Morgan Stanley increased their target price on Allison Transmission from $126.00 to $130.00 and gave the company an “equal weight” rating in a research report on Friday, July 17th. JPMorgan Chase & Co. lifted their price target on Allison Transmission from $140.00 to $145.00 and gave the company a “neutral” rating in a report on Monday, July 13th. Finally, Citigroup reduced their price target on Allison Transmission from $135.00 to $125.00 and set a “neutral” rating for the company in a research report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Allison Transmission has a consensus rating of “Moderate Buy” and a consensus target price of $131.17.

Insider Activity

In related news, insider Eric C. Scroggins sold 1,050 shares of Allison Transmission stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $125.00, for a total value of $131,250.00. Following the completion of the sale, the insider directly owned 16,604 shares in the company, valued at $2,075,500. This trade represents a 5.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO David S. Graziosi sold 26,708 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $132.97, for a total transaction of $3,551,362.76. Following the sale, the chief executive officer directly owned 304,843 shares in the company, valued at approximately $40,534,973.71. This represents a 8.06% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.10% of the company’s stock.

Allison Transmission Stock Down 2.7%

Allison Transmission stock opened at $123.47 on Tuesday. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.81 and a quick ratio of 1.17. The stock has a market capitalization of $10.20 billion, a price-to-earnings ratio of 19.63, a PEG ratio of 0.66 and a beta of 0.98. Allison Transmission Holdings, Inc. has a 1-year low of $76.01 and a 1-year high of $137.62. The business has a fifty day moving average price of $122.23 and a 200-day moving average price of $120.62.

Allison Transmission (NYSE:ALSN) last announced its earnings results on Monday, August 3rd. The auto parts company reported $2.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.48 by $0.25. Allison Transmission had a return on equity of 38.18% and a net margin of 12.02%.The company had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same period in the prior year, the company posted $2.29 EPS. The firm’s quarterly revenue was up 92.4% compared to the same quarter last year. Equities research analysts forecast that Allison Transmission Holdings, Inc. will post 10.27 EPS for the current fiscal year.

Allison Transmission Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 21st were issued a dividend of $0.29 per share. The ex-dividend date was Friday, August 21st. This represents a $1.16 annualized dividend and a dividend yield of 0.9%. Allison Transmission’s dividend payout ratio is 18.44%.

Allison Transmission Profile

Allison Transmission, Inc designs and manufactures fully automatic transmissions and propulsion solutions for commercial and military vehicles. Its products are used in applications including trucks, buses, motorhomes, refuse and construction vehicles, and other medium- and heavy-duty vehicles.

The company also develops electrified propulsion technologies, including hybrid-electric systems and electric axles, as well as transmission controls, parts, service, and support offerings. Its products are marketed to original equipment manufacturers, fleet operators, and distributors worldwide, with customers across North America, Europe, Asia, Australia, and other international markets.

Founded in 1915 by James A.