Allient (NASDAQ:ALNT) Raised to “Strong-Buy” at Zacks Research

Allient (NASDAQ:ALNT) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday, Zacks reports.

ALNT has been the topic of several other research reports. JPMorgan Chase & Co. lowered their price target on shares of Allient from $120.00 to $110.00 and set a “neutral” rating on the stock in a report on Friday, November 6th. Weiss Ratings cut shares of Allient from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday. Finally, Wall Street Zen raised shares of Allient from a “buy” rating to a “strong-buy” rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Allient presently has a consensus rating of “Moderate Buy” and a consensus target price of $82.33.

Allient Price Performance

Shares of NASDAQ:ALNT opened at $84.63 on Monday. The firm has a market capitalization of $1.44 billion, a PE ratio of 38.12 and a beta of 1.62. The company has a current ratio of 3.49, a quick ratio of 1.99 and a debt-to-equity ratio of 0.53. Allient has a 1-year low of $48.12 and a 1-year high of $121.42. The business’s 50 day moving average is $98.33 and its 200-day moving average is $83.12.

Allient (NASDAQ:ALNT) last issued its earnings results on Wednesday, November 4th. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.33. The business had revenue of $164.40 million during the quarter, compared to analyst estimates of $155.25 million. Allient had a return on equity of 15.80% and a net margin of 6.24%. Sell-side analysts predict that Allient will post 2.96 earnings per share for the current year.

Institutional Inflows and Outflows

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

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

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.