Allient (NASDAQ:ALNT) Stock Moved Up to “Strong-Buy” by Zacks Research

Zacks Research upgraded shares of Allient (NASDAQ:ALNT) from a hold rating to a strong-buy rating in a research note issued to investors on Monday,Zacks reports.

A number of other analysts have also recently weighed in on ALNT. JPMorgan Chase & Co. cut their price objective on shares of Allient from $120.00 to $110.00 and set a “neutral” rating on the stock in a report on Friday, November 6th. Weiss Ratings cut shares of Allient from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday. Finally, Wall Street Zen raised shares of Allient from a “buy” rating to a “strong-buy” rating in a research report on Saturday. 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. Based on data from MarketBeat.com, Allient has a consensus rating of “Moderate Buy” and a consensus price target of $82.33.

Allient Stock Down 2.5%

Shares of NASDAQ ALNT opened at $84.63 on Monday. The firm has a market cap of $1.44 billion, a price-to-earnings ratio of 38.12 and a beta of 1.62. The company has a quick ratio of 1.99, a current ratio of 3.49 and a debt-to-equity ratio of 0.53. Allient has a 52-week low of $48.12 and a 52-week high of $121.42. The business’s 50 day moving average is $98.33 and its two-hundred day moving average is $83.12.

Allient (NASDAQ:ALNT) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $0.74 by $0.33. The business had revenue of $164.40 million during the quarter, compared to the consensus estimate of $155.25 million. Allient had a net margin of 6.24% and a return on equity of 15.80%. Research analysts predict that Allient will post 2.96 EPS for the current year.

Allient Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Wednesday, November 18th will be paid 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 is Wednesday, November 18th. Allient’s dividend payout ratio (DPR) is currently 7.21%.

Institutional Investors Weigh In On Allient

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Meeder Asset Management Inc. purchased a new stake in Allient in the 2nd quarter valued at $25,000. Kilter Group LLC purchased a new position in Allient during the 2nd quarter worth $37,000. GAMMA Investing LLC grew its position in Allient by 29.3% during the 3rd quarter. GAMMA Investing LLC now owns 485 shares of the company’s stock worth $54,000 after purchasing an additional 110 shares during the last quarter. Sterling Capital Management LLC increased its stake in Allient by 853.8% in the third quarter. Sterling Capital Management LLC now owns 496 shares of the company’s stock valued at $55,000 after purchasing an additional 444 shares during the period. Finally, Nisa Investment Advisors LLC increased its stake in Allient by 51.6% in the third quarter. Nisa Investment Advisors LLC now owns 1,851 shares of the company’s stock valued at $207,000 after purchasing an additional 630 shares during the period. Hedge funds and other institutional investors own 61.57% of the company’s stock.

More Allient News

Here are the key news stories impacting Allient this week:

• Positive Sentiment: Northland Securities raised its earnings forecasts across several periods, including FY2026 EPS to $3.05 from $2.68 and FY2027 EPS to $3.26 from $3.11. It also increased forecasts for FY2028–FY2030, pointing to improved expectations for Allient’s earnings growth. Northland estimates
• Neutral Sentiment: A report said short interest totaled zero shares, which would indicate little reported bearish positioning; however, its description of a “large increase” conflicts with the zero-share figure, making the data difficult to interpret.
• Negative Sentiment: JPMorgan cut its price target to $110 from $120 and kept a neutral rating. The new target still implies upside from the cited $84.63 price, but the reduction may temper sentiment. Report on JPMorgan’s price-target change

About Allient

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.