Allient Inc., together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems for various industries worldwide. 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. The company sells its products to end customers and original equipment manufacturers in vehicle, medical, aerospace and defense, and industrial markets through direct sales force, authorized manufacturers' representatives, and distributors. The company was formerly known as Allied Motion Technologies Inc. and changed its name to Allient Inc. in August 2023. Allient Inc. was incorporated in 1962 and is headquartered in Amherst, New York.
Company profile
Ticker
ALNT
Exchange
Website
CEO
Mr. Richard S. Warzala
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ALLIED MOTION TECHNOLOGIES INC, HATHAWAY CORP
SEC CIK
Corporate docs
Subsidiaries
1000212261 Ontario Inc. • Airex, LLC, a limited liability company • Allied Motion Changzhou Motors Company, Ltd. • Allied Motion Changzhou Trading Co. Ltd. • Allied Motion Canada Inc. • Allied Motion Christchurch, a limited liability company • Allied Motion Dordrecht BV • Allied Motion Stockholm AB • Allied Motion Twinsburg, LLC, a limited liability company • Alio GmbH ...
IRS number
840518115
ALNT stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
25 Oct 24
10-Q
2024 Q2
Quarterly report
7 Aug 24
SD
Conflict minerals disclosure
30 May 24
8-K
Departure of Directors or Certain Officers
22 May 24
8-K
Submission of Matters to a Vote of Security Holders
9 May 24
10-Q
2024 Q1
Quarterly report
8 May 24
8-K
Departure of Directors or Certain Officers
29 Apr 24
ARS
2023 FY
Annual report to shareholders
2 Apr 24
DEF 14A
Definitive proxy
1 Apr 24
8-K
Entry into a Material Definitive Agreement
25 Mar 24
Transcripts
ALNT
Earnings call transcript
2024 Q2
8 Aug 24
ALNT
Earnings call transcript
2024 Q1
9 May 24
ALNT
Earnings call transcript
2023 Q4
6 Mar 24
ALNT
Earnings call transcript
2023 Q2
3 Aug 23
ALNT
Earnings call transcript
2023 Q1
4 May 23
ALNT
Earnings call transcript
2022 Q4
8 Mar 23
ALNT
Earnings call transcript
2022 Q3
3 Nov 22
ALNT
Earnings call transcript
2022 Q2
7 Aug 22
ALNT
Earnings call transcript
2022 Q1
7 May 22
ALNT
Earnings call transcript
2021 Q4
10 Mar 22
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 31.29 mm | 31.29 mm | 31.29 mm | 31.29 mm | 31.29 mm | 31.29 mm |
Cash burn (monthly) | 74.00 k | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 295.03 k | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 31.00 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 418.9 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
63.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 135 |
Opened positions | 23 |
Closed positions | 25 |
Increased positions | 69 |
Reduced positions | 28 |
13F shares | Current |
---|---|
Total value | 263.44 bn |
Total shares | 10.62 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BLK BlackRock | 1.35 mm | $34.22 bn |
Vanguard | 795.77 k | $20.11 bn |
Juniper Investment | 758.65 k | $19.17 bn |
Dimensional Fund Advisors | 655.03 k | $16.55 bn |
Wasatch Advisors | 536.29 k | $13.55 bn |
Geode Capital Management | 338.19 k | $8.55 bn |
STT State Street | 303.79 k | $7.68 bn |
MS Morgan Stanley | 295.18 k | $7.46 bn |
Punch & Associates Investment Management | 280.97 k | $7.10 bn |
Pinnacle Associates | 248.18 k | $6.27 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Sep 24 | Kenneth Arthur May | Common Stock | Payment of exercise | Dispose F | No | No | 21.24 | 181 | 3.84 k | 14,866 |
7 Aug 24 | Federico Richard D | Common Stock | Grant | Acquire A | No | No | 23.86 | 905 | 21.59 k | 71,707 |
7 Aug 24 | Engel Robert B | Common Stock | Grant | Acquire A | No | No | 23.86 | 905 | 21.59 k | 32,105 |
7 Aug 24 | Nicole R Tzetzo | Common Stock | Grant | Acquire A | No | No | 23.86 | 905 | 21.59 k | 9,173 |
7 Aug 24 | Finch Steven C. | Common Stock | Grant | Acquire A | No | No | 23.86 | 905 | 21.59 k | 8,373 |
News
In-Depth Examination Of 4 Analyst Recommendations For Allient
13 Aug 24
Roth MKM Maintains Buy on Allient, Lowers Price Target to $28
13 Aug 24
Northland Capital Markets Maintains Market Perform on Allient, Lowers Price Target to $30
9 Aug 24
Craig-Hallum Maintains Buy on Allient, Lowers Price Target to $30
9 Aug 24
Allient Expects Annualized Revenue Run Rate Level Below $500M Over The Next Several Quarters
7 Aug 24