APR 5·MarketBeat→
Allspring Global Investments Holdings LLC Sells 87,070 Shares of Allient Inc. $ALNT
Allspring Global Investments Holdings LLC reduced its stake in Allient Inc. by 22.1% in the fourth quarter, selling 87,070 shares and now owning 306,325 shares valued at $16.47 million. Despite this, other major institutions like Vanguard and Marshall Wace have increased their holdings, with institutional investors collectively owning 61.57% of the stock. Analysts are mixed with a "Hold" consensus and a $63.60 target, while Allient recently surpassed quarterly earnings estimates and trades around $60.54.
MAR 18·MarketBeat▲
Allient Inc. Announces Quarterly Dividend of $0.03 (NASDAQ:ALNT)
Allient Inc. (NASDAQ:ALNT) declared a quarterly dividend of $0.03 per share, payable on April 3rd to shareholders of record on March 20th, representing an annualized yield of 0.2%. The company's dividend is well-covered by earnings, with a payout ratio of 5.4%, and analysts project continued coverage with a future payout ratio of 6.6%. Allient also reported strong quarterly earnings, beating analyst estimates with $0.55 EPS compared to $0.46, and revenue exceeding expectations at $143.35 million.