
Allient Inc. (NASDAQ:ALNT – Free Report) – Investment analysts at Northland Securities upped their Q4 2026 EPS estimates for Allient in a note issued to investors on Friday, August 7th. Northland Securities analyst T. Jackson now expects that the company will earn $0.66 per share for the quarter, up from their prior forecast of $0.64. The consensus estimate for Allient’s current full-year earnings is $2.47 per share. Northland Securities also issued estimates for Allient’s Q1 2027 earnings at $0.74 EPS, Q4 2027 earnings at $0.78 EPS and FY2029 earnings at $3.90 EPS.
Several other equities research analysts have also recently commented on ALNT. Roth Capital reaffirmed a “buy” rating and issued a $70.00 price target on shares of Allient in a report on Friday, May 8th. Wall Street Zen upgraded Allient from a “hold” rating to a “strong-buy” rating in a report on Saturday. Weiss Ratings raised Allient from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. boosted their price target on shares of Allient from $95.00 to $120.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Macquarie Infrastructure set a $80.00 price objective on shares of Allient in a report on Tuesday, May 26th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $84.00.
Allient Trading Up 0.2%
ALNT opened at $113.03 on Monday. The firm has a market capitalization of $1.92 billion, a price-to-earnings ratio of 66.49 and a beta of 1.61. The company’s 50 day simple moving average is $91.78 and its two-hundred day simple moving average is $75.19. Allient has a 1-year low of $40.49 and a 1-year high of $117.48. The company has a debt-to-equity ratio of 0.56, a current ratio of 3.42 and a quick ratio of 1.95.
Allient (NASDAQ:ALNT – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.80 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $145.68 million.
Hedge Funds Weigh In On Allient
Several large investors have recently modified their holdings of the business. Cullen Frost Bankers Inc. boosted its position in shares of Allient by 22.0% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,160 shares of the company’s stock worth $62,000 after purchasing an additional 209 shares during the period. Jag Capital Management LLC lifted its stake in Allient by 5.1% during the first quarter. Jag Capital Management LLC now owns 5,107 shares of the company’s stock worth $302,000 after purchasing an additional 246 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in Allient during the second quarter worth $25,000. Arax Advisory Partners boosted its position in shares of Allient by 113.9% during the fourth quarter. Arax Advisory Partners now owns 494 shares of the company’s stock worth $27,000 after buying an additional 263 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Allient by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,736 shares of the company’s stock valued at $192,000 after buying an additional 390 shares in the last quarter. Institutional investors and hedge funds own 61.57% of the company’s stock.
Allient Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.16 annualized dividend and a yield of 0.1%. Allient’s dividend payout ratio (DPR) is 9.41%.
About Allient
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.
Further Reading
- Five stocks we like better than Allient
- SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat
- 3 Dividend Champion Utilities for a Market That Can’t Sit Still
- These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI
- First Solar’s Profit Engine Faces a New Policy Test in Washington
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.
