Barclays PLC Acquires 17,216 Shares of Allient Inc. (NASDAQ:ALNT)

Barclays PLC grew its position in Allient Inc. (NASDAQ:ALNT) by 61.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,362 shares of the company’s stock after purchasing an additional 17,216 shares during the quarter. Barclays PLC owned about 0.27% of Allient worth $862,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Diamond Hill Capital Management Inc. grew its position in shares of Allient by 29.2% in the third quarter. Diamond Hill Capital Management Inc. now owns 238,844 shares of the company’s stock valued at $4,536,000 after purchasing an additional 54,005 shares during the last quarter. Hsbc Holdings PLC grew its position in shares of Allient by 178.5% in the second quarter. Hsbc Holdings PLC now owns 47,779 shares of the company’s stock valued at $1,197,000 after purchasing an additional 30,626 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Allient by 1.8% in the third quarter. Geode Capital Management LLC now owns 344,166 shares of the company’s stock valued at $6,537,000 after purchasing an additional 5,975 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Allient in the third quarter valued at approximately $386,000. Finally, Dimensional Fund Advisors LP grew its position in shares of Allient by 5.2% in the second quarter. Dimensional Fund Advisors LP now owns 655,029 shares of the company’s stock valued at $16,552,000 after purchasing an additional 32,455 shares during the last quarter. Institutional investors and hedge funds own 61.57% of the company’s stock.

Allient Trading Up 2.4 %

Shares of NASDAQ:ALNT opened at $24.94 on Thursday. The company has a market capitalization of $420.11 million, a P/E ratio of 28.34 and a beta of 1.61. Allient Inc. has a 1 year low of $16.91 and a 1 year high of $36.33. The company has a debt-to-equity ratio of 0.85, a current ratio of 4.10 and a quick ratio of 2.18. The business’s 50 day simple moving average is $24.88 and its 200 day simple moving average is $22.71.

Allient (NASDAQ:ALNT) last released its earnings results on Wednesday, November 6th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.10. Allient had a return on equity of 10.80% and a net margin of 2.64%. The firm had revenue of $125.21 million during the quarter, compared to analysts’ expectations of $124.28 million. During the same period in the prior year, the company earned $0.61 earnings per share. On average, research analysts anticipate that Allient Inc. will post 1.43 EPS for the current fiscal year.

Allient Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Thursday, November 21st were paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.48%. The ex-dividend date was Thursday, November 21st. Allient’s payout ratio is presently 13.64%.

About Allient

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.