Allient (NASDAQ:ALNT) Issues Earnings Results
by Renee Jackson · The Cerbat GemAllient (NASDAQ:ALNT – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.05), FiscalAI reports. The firm had revenue of $138.92 million during the quarter, compared to the consensus estimate of $138.42 million. Allient had a return on equity of 12.53% and a net margin of 3.97%.
Here are the key takeaways from Allient’s conference call:
- All six director nominees were elected, keeping the board intact for 2026.
- Advisory vote approving named executive officers’ compensation passed, indicating shareholder support for the company’s pay program.
- Deloitte & Touche was ratified as the company’s independent public accounting firm for 2026.
- Approximately 89% of shares were represented at the meeting (a quorum), and the company will file a Form 8-K with detailed vote tallies.
Allient Trading Down 0.6%
Shares of NASDAQ:ALNT traded down $0.48 on Wednesday, hitting $77.52. The company had a trading volume of 182,333 shares, compared to its average volume of 169,417. The firm’s 50-day simple moving average is $66.44 and its two-hundred day simple moving average is $60.41. Allient has a 1 year low of $21.74 and a 1 year high of $80.39. The company has a quick ratio of 2.08, a current ratio of 3.66 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 58.73 and a beta of 1.65.
Allient Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, April 3rd. Stockholders of record on Friday, March 20th were given a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, March 20th. Allient’s dividend payout ratio (DPR) is currently 9.09%.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on ALNT shares. Weiss Ratings reissued a “hold (c)” rating on shares of Allient in a report on Wednesday, January 21st. Lake Street Capital started coverage on shares of Allient in a report on Wednesday, February 18th. They issued a “buy” rating and a $79.00 price target on the stock. Craig Hallum reissued a “buy” rating and issued a $75.00 price target on shares of Allient in a report on Monday, March 9th. Finally, Roth Mkm raised their price target on shares of Allient from $56.00 to $69.00 and gave the stock a “buy” rating in a report on Monday, March 16th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Allient has an average rating of “Moderate Buy” and a consensus target price of $70.75.
View Our Latest Report on ALNT
Institutional Investors Weigh In On Allient
Several institutional investors and hedge funds have recently modified their holdings of ALNT. Marshall Wace LLP lifted its position in shares of Allient by 1,291.3% in the 3rd quarter. Marshall Wace LLP now owns 153,819 shares of the company’s stock worth $6,883,000 after purchasing an additional 142,763 shares during the period. State Street Corp lifted its position in shares of Allient by 32.5% in the 4th quarter. State Street Corp now owns 392,261 shares of the company’s stock worth $21,084,000 after purchasing an additional 96,264 shares during the period. Vanguard Group Inc. lifted its position in shares of Allient by 7.2% in the 3rd quarter. Vanguard Group Inc. now owns 984,815 shares of the company’s stock worth $44,070,000 after purchasing an additional 66,552 shares during the period. Invesco Ltd. lifted its position in shares of Allient by 210.2% in the 3rd quarter. Invesco Ltd. now owns 84,325 shares of the company’s stock worth $3,774,000 after purchasing an additional 57,143 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Allient by 20.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 290,696 shares of the company’s stock worth $13,009,000 after purchasing an additional 49,384 shares during the period. 61.57% of the stock is owned by hedge funds and other institutional investors.
Allient Company Profile
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.