Lisanti Capital Growth LLC lifted its stake in Allient Inc. (NASDAQ:ALNT – Free Report) by 78.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 55,170 shares of the company’s stock after purchasing an additional 24,280 shares during the period. Allient accounts for about 1.7% of Lisanti Capital Growth LLC’s investment portfolio, making the stock its 13th biggest holding. Lisanti Capital Growth LLC owned about 0.32% of Allient worth $6,157,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently modified their holdings of the stock. GAMMA Investing LLC increased its position in shares of Allient by 29.3% during the third quarter. GAMMA Investing LLC now owns 485 shares of the company’s stock valued at $54,000 after buying an additional 110 shares during the period. Smith Group Asset Management LLC raised its stake in Allient by 1.7% in the third quarter. Smith Group Asset Management LLC now owns 12,408 shares of the company’s stock worth $1,385,000 after buying an additional 207 shares in the last quarter. Jag Capital Management LLC lifted its holdings in Allient by 5.1% in the first quarter. Jag Capital Management LLC now owns 5,107 shares of the company’s stock worth $302,000 after buying an additional 246 shares during the period. Meeder Asset Management Inc. purchased a new stake in Allient in the second quarter worth about $25,000. Finally, Kilter Group LLC purchased a new stake in Allient in the second quarter worth about $37,000. Institutional investors own 61.57% of the company’s stock.
Allient Price Performance
Shares of ALNT opened at $86.28 on Thursday. Allient Inc. has a fifty-two week low of $48.12 and a fifty-two week high of $121.42. The firm’s 50-day simple moving average is $98.33 and its two-hundred day simple moving average is $83.23. The stock has a market cap of $1.47 billion, a PE ratio of 28.98 and a beta of 1.62. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.99 and a current ratio of 3.49.
Allient (NASDAQ:ALNT – Get Free Report) last released its earnings results on Wednesday, November 4th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate 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. Analysts anticipate that Allient Inc. will post 3.08 earnings per share for the current fiscal year.
Allient Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Wednesday, November 18th will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, November 18th. Allient’s dividend payout ratio (DPR) is 7.21%.
Latest Allient News
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
Analysts Set New Price Targets
ALNT has been the topic of several research reports. Wall Street Zen raised Allient from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 7th. Zacks Research raised Allient from a “hold” rating to a “strong-buy” rating in a research report on Monday. Weiss Ratings lowered Allient from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday. Finally, JPMorgan Chase & Co. lowered their target price on Allient from $120.00 to $110.00 and set a “neutral” rating for the company in a research note on Friday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Allient has a consensus rating of “Moderate Buy” and an average target price of $82.33.
View Our Latest Research Report on Allient
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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