Ensign Peak Advisors Inc Has $4.09 Million Position in Allison Transmission Holdings, Inc. (NYSE:ALSN)

Ensign Peak Advisors Inc grew its stake in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN - Free Report) by 33.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 53,898 shares of the auto parts company's stock after purchasing an additional 13,625 shares during the period. Ensign Peak Advisors Inc owned approximately 0.06% of Allison Transmission worth $4,091,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in ALSN. Versant Capital Management Inc grew its position in shares of Allison Transmission by 1,200.0% during the 2nd quarter. Versant Capital Management Inc now owns 364 shares of the auto parts company's stock valued at $28,000 after buying an additional 336 shares during the last quarter. Triad Wealth Partners LLC acquired a new position in shares of Allison Transmission during the second quarter valued at $33,000. TFO Wealth Partners LLC grew its position in shares of Allison Transmission by 8,975.0% during the fourth quarter. TFO Wealth Partners LLC now owns 726 shares of the auto parts company's stock worth $42,000 after acquiring an additional 718 shares during the last quarter. Fifth Third Bancorp increased its holdings in shares of Allison Transmission by 139.8% in the 2nd quarter. Fifth Third Bancorp now owns 868 shares of the auto parts company's stock worth $66,000 after acquiring an additional 506 shares during the period. Finally, Quent Capital LLC boosted its stake in Allison Transmission by 24.0% during the 2nd quarter. Quent Capital LLC now owns 889 shares of the auto parts company's stock valued at $68,000 after purchasing an additional 172 shares during the period. 96.90% of the stock is owned by hedge funds and other institutional investors.

Allison Transmission Price Performance

NYSE ALSN traded up $0.63 during trading on Friday, reaching $96.52. The company's stock had a trading volume of 952,149 shares, compared to its average volume of 622,539. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.78 and a quick ratio of 2.19. Allison Transmission Holdings, Inc. has a one year low of $50.13 and a one year high of $97.25. The stock has a market capitalization of $8.44 billion, a PE ratio of 12.81, a P/E/G ratio of 1.64 and a beta of 0.99. The firm has a fifty day moving average of $87.57 and a 200 day moving average of $80.63.

Allison Transmission (NYSE:ALSN - Get Free Report) last released its earnings results on Thursday, July 25th. The auto parts company reported $2.13 EPS for the quarter, topping analysts' consensus estimates of $2.04 by $0.09. Allison Transmission had a return on equity of 52.18% and a net margin of 21.95%. The firm had revenue of $816.00 million for the quarter, compared to analysts' expectations of $799.44 million. The company's quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.92 earnings per share. Analysts expect that Allison Transmission Holdings, Inc. will post 7.85 EPS for the current fiscal year.

Allison Transmission Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Monday, August 19th were paid a dividend of $0.25 per share. The ex-dividend date was Monday, August 19th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.04%. Allison Transmission's dividend payout ratio is presently 13.35%.

Insider Transactions at Allison Transmission

In other Allison Transmission news, SVP John Coll sold 2,000 shares of the business's stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $90.98, for a total value of $181,960.00. Following the transaction, the senior vice president now directly owns 12,420 shares in the company, valued at approximately $1,129,971.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.10% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. The Goldman Sachs Group boosted their price target on Allison Transmission from $63.00 to $72.00 and gave the stock a "sell" rating in a research report on Monday, July 29th. Citigroup initiated coverage on shares of Allison Transmission in a research note on Wednesday, June 26th. They issued a "neutral" rating and a $80.00 target price for the company. Robert W. Baird lifted their price objective on Allison Transmission from $87.00 to $90.00 and gave the stock a "neutral" rating in a research report on Friday, July 26th. Raymond James started coverage on shares of Allison Transmission in a report on Friday, June 28th. They issued an "outperform" rating and a $85.00 target price on the stock. Finally, StockNews.com cut Allison Transmission from a "strong-buy" rating to a "buy" rating in a research report on Monday, September 2nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $79.57.

Allison Transmission 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.