Oliver Luxxe Assets LLC Sells 18,143 Shares of Allient Inc. $ALNT

Oliver Luxxe Assets LLC trimmed its position in shares of Allient Inc. (NASDAQ:ALNT) by 36.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,276 shares of the company’s stock after selling 18,143 shares during the period. Oliver Luxxe Assets LLC owned approximately 0.18% of Allient worth $3,219,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in ALNT. Royal Bank of Canada increased its position in Allient by 19.8% in 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 period. AQR Capital Management LLC grew its stake in shares of Allient by 8.0% in the first quarter. AQR Capital Management LLC now owns 53,661 shares of the company’s stock worth $1,179,000 after acquiring an additional 3,979 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Allient by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,736 shares of the company’s stock worth $192,000 after acquiring an additional 390 shares during the period. Empowered Funds LLC raised its stake 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 purchasing an additional 3,458 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in Allient by 9.9% in the 1st quarter. Jane Street Group LLC now owns 18,379 shares of the company’s stock valued at $404,000 after purchasing an additional 1,663 shares during the period. Institutional investors own 61.57% of the company’s stock.

Allient News Summary

Here are the key news stories impacting Allient this week:

• Positive Sentiment: Strong Q2 results and growth outlook: Allient reported quarterly EPS of $0.80 versus the $0.61 consensus estimate and revenue of $153.77 million, above expectations of $145.68 million. A post-earnings review highlighted data-center growth, a shift toward higher-value businesses and operating discipline as key drivers. ALNT Q2 deep dive: Data center growth, portfolio shift, and operating discipline drive results
• Positive Sentiment: Estimates raised: Northland Securities increased its EPS forecasts for Q4 2026 to $0.66 from $0.64, Q1 2027 to $0.74 from $0.70, Q4 2027 to $0.78 from $0.72, and fiscal 2029 to $3.90 from $3.56. The revisions suggest analysts expect earnings growth to continue beyond the recent beat.
• Positive Sentiment: More bullish Wall Street view: JPMorgan raised its price target from $95 to $120 and maintained an Overweight rating. Wall Street Zen also upgraded Allient to Strong Buy, adding to the positive sentiment following the earnings release. JPMorgan raises Allient price target
• Neutral Sentiment: Valuation and analyst caution: Northland Securities initiated or reiterated a Hold rating despite lifting its earnings estimates. With ALNT trading near its one-year high at roughly 66 times earnings, the updated $120 JPMorgan target implies relatively limited additional upside from the reported trading level.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of Allient from $95.00 to $120.00 and gave the stock an “overweight” rating in a research report on Friday. Jefferies Financial Group set a $80.00 price objective on shares of Allient in a research report on Tuesday, May 26th. Roth Capital reissued a “buy” rating and set a $70.00 target price on shares of Allient in a research report on Friday, May 8th. Weiss Ratings upgraded Allient from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. Finally, Macquarie Infrastructure set a $80.00 price objective on Allient in a research report on Tuesday, May 26th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $84.00.

Allient Price Performance

Shares of Allient stock opened at $112.81 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 2.15 and a current ratio of 3.42. The firm’s 50-day simple moving average is $91.18 and its 200-day simple moving average is $74.73. Allient Inc. has a twelve month low of $40.49 and a twelve month high of $117.48. The firm has a market cap of $1.92 billion, a P/E ratio of 66.36 and a beta of 1.61.

Allient (NASDAQ:ALNT) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.19. The firm had revenue of $153.77 million during the quarter, compared to analyst estimates of $145.68 million. Allient had a net margin of 4.98% and a return on equity of 13.55%. As a group, research analysts expect that Allient Inc. will post 2.47 EPS for the current fiscal year.

Allient Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be issued a $0.04 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.1%. Allient’s dividend payout ratio is presently 9.41%.

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.