Northland Securities Raises Earnings Estimates for Allient

Allient Inc. (NASDAQ:ALNT – Free Report) – Northland Securities increased their FY2026 EPS estimates for Allient in a research note issued on Friday, November 6th. Northland Securities analyst T. Jackson now forecasts that the company will post earnings per share of $3.05 for the year, up from their prior estimate of $2.68. The consensus estimate for Allient’s current full-year earnings is $2.96 per share.

Allient (NASDAQ:ALNT – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.33. The company had revenue of $164.40 million for the quarter, compared to analysts’ expectations of $155.25 million. Allient had a net margin of 6.24% and a return on equity of 15.80%.

A number of other analysts also recently weighed in on the stock. Zacks Research upgraded shares of Allient from a “hold” rating to a “strong-buy” rating in a report on Monday. Wall Street Zen upgraded shares of Allient from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Weiss Ratings downgraded shares of Allient from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. dropped their price target on Allient from $120.00 to $110.00 and set a “neutral” rating for the company in a research report on Friday, November 6th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $82.33.

Read Our Latest Stock Report on Allient

Allient Price Performance

ALNT stock opened at $84.63 on Wednesday. Allient has a 52 week low of $48.12 and a 52 week high of $121.42. The company has a quick ratio of 1.99, a current ratio of 3.49 and a debt-to-equity ratio of 0.53. The company has a fifty day simple moving average of $98.33 and a two-hundred day simple moving average of $83.12. The firm has a market capitalization of $1.44 billion, a P/E ratio of 29.74 and a beta of 1.62.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ALNT. Meeder Asset Management Inc. lifted its holdings in shares of Allient by 211.8% in the 3rd quarter. Meeder Asset Management Inc. now owns 767 shares of the company’s stock worth $86,000 after acquiring an additional 521 shares during the last quarter. HighTower Advisors LLC bought a new position in Allient during the 3rd quarter valued at about $224,000. White Pine Capital LLC bought a new position in Allient during the 3rd quarter valued at about $1,414,000. Aberdeen Group plc purchased a new stake in Allient in the 3rd quarter worth about $2,991,000. Finally, Russell Investments Group Ltd. raised its position in Allient by 26.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 49,237 shares of the company’s stock worth $5,495,000 after purchasing an additional 10,216 shares during the period. Institutional investors own 61.57% of the company’s stock.

Allient Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Wednesday, November 18th will be given a dividend of $0.04 per share. The ex-dividend date is Wednesday, November 18th. This represents a $0.16 dividend on an annualized basis and a yield of 0.2%. Allient’s payout ratio is 7.21%.

Trending Headlines about Allient

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

Allient Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Allient (NASDAQ:ALNT)

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