Campbell & CO Investment Adviser LLC Acquires New Shares in Allison Transmission Holdings, Inc. $ALSN

Campbell & CO Investment Adviser LLC purchased a new stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 64,638 shares of the auto parts company’s stock, valued at approximately $6,140,000. Allison Transmission accounts for approximately 0.4% of Campbell & CO Investment Adviser LLC’s portfolio, making the stock its 25th biggest holding.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Trust Co. of Toledo NA OH bought a new position in shares of Allison Transmission in the second quarter worth $28,000. SVB Wealth LLC acquired a new position in shares of Allison Transmission in the 1st quarter worth approximately $33,000. WPG Advisers LLC acquired a new position in Allison Transmission in the first quarter worth approximately $34,000. Cullen Frost Bankers Inc. raised its position in shares of Allison Transmission by 3,108.3% during the second quarter. Cullen Frost Bankers Inc. now owns 385 shares of the auto parts company’s stock worth $37,000 after purchasing an additional 373 shares during the period. Finally, Steph & Co. acquired a new stake in Allison Transmission during the 2nd quarter worth about $41,000. 96.90% of the stock is owned by institutional investors.

Allison Transmission Trading Up 0.6%

ALSN stock opened at $81.97 on Friday. The firm has a market cap of $6.82 billion, a P/E ratio of 10.04 and a beta of 1.02. The business’s 50 day moving average is $84.81 and its 200-day moving average is $91.15. Allison Transmission Holdings, Inc. has a 1-year low of $76.01 and a 1-year high of $122.53. The company has a current ratio of 3.36, a quick ratio of 2.64 and a debt-to-equity ratio of 1.37.

Allison Transmission (NYSE:ALSN) last issued its earnings results on Wednesday, October 29th. The auto parts company reported $1.63 EPS for the quarter, missing the consensus estimate of $1.95 by ($0.32). Allison Transmission had a net margin of 22.78% and a return on equity of 41.37%. The firm had revenue of $693.00 million during the quarter, compared to analyst estimates of $779.97 million. During the same quarter in the prior year, the firm posted $2.27 EPS. The firm’s revenue for the quarter was down 15.9% on a year-over-year basis. Allison Transmission has set its FY 2025 guidance at EPS. Equities analysts anticipate that Allison Transmission Holdings, Inc. will post 9.06 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on ALSN shares. Raymond James Financial reduced their price target on shares of Allison Transmission from $110.00 to $105.00 and set an “outperform” rating for the company in a research report on Monday, July 21st. JPMorgan Chase & Co. reduced their target price on shares of Allison Transmission from $90.00 to $87.00 and set a “neutral” rating for the company in a research note on Thursday, October 30th. Zacks Research upgraded Allison Transmission from a “strong sell” rating to a “hold” rating in a report on Friday, September 19th. Weiss Ratings downgraded Allison Transmission from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 24th. Finally, Citigroup dropped their target price on shares of Allison Transmission from $95.00 to $90.00 and set a “neutral” rating on the stock in a research report on Friday, October 31st. One research analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $93.00.

Allison Transmission Company Profile

Allison Transmission Holdings, Inc, together with its subsidiaries, designs, manufactures, and sells fully automatic transmissions for medium- and heavy-duty commercial vehicles and medium- and heavy-tactical U.S. defense vehicles, and electrified propulsion systems worldwide. It provides commercial-duty on-highway, off-highway and defense fully automatic transmissions, and electric hybrid and fully electric systems.