Allient Inc. (NASDAQ:ALNT – Get Free Report)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $118.67 and last traded at $113.97, with a volume of 298702 shares trading hands. The stock had previously closed at $113.03.
Key Stories Impacting Allient
Here are the key news stories impacting Allient this week:
- Positive Sentiment: Northland Securities raised its earnings forecasts across multiple periods. The firm increased its FY2026 EPS estimate to $2.68 from $2.46, FY2027 to $3.11 from $2.93, FY2028 to $3.54 from $3.28, and FY2030 to $4.17 from $3.72. It also lifted estimates for Q3 2026, Q2 2027 and Q3 2027. The broad-based revisions signal improving expectations for Allient’s earnings growth. Q4 EPS Estimates for Allient Raised by Northland Securities
- Positive Sentiment: Allient’s price target was raised to $120. The increase from Northland Securities provides a positive valuation signal and suggests additional potential upside relative to recent trading levels. Allient Price Target Raised to $120
- Positive Sentiment: The company recently exceeded quarterly expectations. Allient reported $0.80 in earnings per share versus the $0.61 consensus estimate and revenue of $153.77 million versus expectations of $145.68 million. The earnings and revenue beats likely reinforced the subsequent analyst upgrades.
- Neutral Sentiment: Options activity has attracted investor attention. A Zacks report highlights unusual or notable movements in Allient’s options market, but the available information does not establish whether traders are positioning for a rise or decline. Options Trading Activity at Allient
- Neutral Sentiment: Short-interest data does not show meaningful bearish positioning. The report lists zero shares sold short and a zero-day days-to-cover ratio, but the “increase” figure is invalid because the prior period also showed zero shares. This appears more likely to be a reporting issue than a substantive trading signal.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on ALNT. Roth Capital reissued a “buy” rating and set a $70.00 price objective on shares of Allient in a report on Friday, May 8th. Wall Street Zen raised shares of Allient from a “hold” rating to a “strong-buy” rating in a report on Saturday. Jefferies Financial Group set a $80.00 target price on shares of Allient in a research report on Tuesday, May 26th. JPMorgan Chase & Co. lifted their price target on shares of Allient from $95.00 to $120.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Finally, Macquarie Infrastructure set a $80.00 price target on shares of Allient in a research report on Tuesday, May 26th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $84.00.
Allient Price Performance
The stock has a fifty day moving average of $92.35 and a two-hundred day moving average of $75.55. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of 67.04 and a beta of 1.61. The company has a current ratio of 3.42, a quick ratio of 1.95 and a debt-to-equity ratio of 0.56.
Allient (NASDAQ:ALNT – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.19. The company had revenue of $153.77 million for the quarter, compared to analyst estimates of $145.68 million. Allient had a return on equity of 13.55% and a net margin of 4.98%. As a group, equities research analysts forecast that Allient Inc. will post 2.64 earnings per share for the current year.
Allient Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, August 19th. Allient’s payout ratio is currently 9.41%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kilter Group LLC bought a new stake in Allient during the 2nd quarter worth about $37,000. CM Wealth Advisors LLC bought a new position in shares of Allient in the second quarter worth about $926,000. Lisanti Capital Growth LLC bought a new position in shares of Allient in the second quarter worth about $3,180,000. one8zero8 LLC acquired a new position in shares of Allient during the second quarter worth approximately $293,000. Finally, Meeder Asset Management Inc. acquired a new position in shares of Allient during the second quarter worth approximately $25,000. Institutional investors and hedge funds own 61.57% of the company’s stock.
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.
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