Allient (NASDAQ:ALNT – Get Free Report) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.
A number of other equities analysts also recently issued reports on the stock. Weiss Ratings upgraded shares of Allient from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 3rd. Jefferies Financial Group set a $80.00 price objective on shares of Allient in a report on Tuesday, May 26th. Roth Capital restated a “buy” rating and set a $70.00 target price on shares of Allient in a research report on Friday, May 8th. JPMorgan Chase & Co. increased their target price 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. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $84.00.
Read Our Latest Stock Report on Allient
Allient Trading Up 0.8%
Allient (NASDAQ:ALNT – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.19. The company had revenue of $153.77 million during the quarter, compared to the consensus estimate of $145.68 million. Allient had a return on equity of 13.55% and a net margin of 4.98%. As a group, sell-side analysts anticipate that Allient will post 2.64 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada raised its stake in shares of Allient by 19.8% during the 1st quarter. Royal Bank of Canada now owns 111,570 shares of the company’s stock worth $2,453,000 after buying an additional 18,416 shares during the last quarter. AQR Capital Management LLC grew its stake in Allient by 8.0% in the 1st quarter. AQR Capital Management LLC now owns 53,661 shares of the company’s stock valued at $1,179,000 after acquiring an additional 3,979 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Allient by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,736 shares of the company’s stock valued at $192,000 after acquiring an additional 390 shares during the last quarter. Empowered Funds LLC increased its holdings in Allient by 8.1% during the 1st quarter. Empowered Funds LLC now owns 46,044 shares of the company’s stock valued at $1,012,000 after acquiring an additional 3,458 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in Allient by 9.9% during the 1st quarter. Jane Street Group LLC now owns 18,379 shares of the company’s stock valued at $404,000 after acquiring an additional 1,663 shares in the last quarter. Institutional investors and hedge funds own 61.57% of the company’s stock.
Key Allient News
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.
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.
Further Reading
- Five stocks we like better than Allient
- Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
- AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be
- NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings
- Apple’s Next iPhone Could Test How Much Pricing Power Is Left
Receive News & Ratings for Allient Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allient and related companies with MarketBeat.com's FREE daily email newsletter.
