Allient
ALNT on Nasdaq. Allient sells motion components and systems to industrial, vehicle, medical, and aerospace customers. Market value $2.0bn.
Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.
Should I look at this?
Good business, but not cheap right now
Why it could be worth it
What to watch out for
See cheaper Industrials stocks on the list
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $1.36 of spare cash in the past 12 months. A savings account pays about $4.
You pay 44.5 years of operating profit for the business. The average large US company costs around 18.
Each dollar kept in the business earns 6 cents a year. Above 10 is good.
Quality score: 73 of 100. Price score: 15 of 100. Our list needs 70 on quality and 60 on price.
$118.63 a share, 184% above its 1-year low
Over the past year the price has ranged from $41.75 to $121.42.
Dividend: 0.1% a year
Paid every year for at least 5 years
Prices from Monday’s close (5 October).
Five years of cash, in billions
Spare cash swings from quarter to quarter here: $27 million in the past 12 months, $50 million in the year to December 2025.
| Revenue | |||||
| Revenue | $404m | $503m | $579m | $530m | $554m |
| Operating margin | |||||
| Operating margin | 6.4% | 6.3% | 7.3% | 5.7% | 7.9% |
| Debt to equity | |||||
| Debt to equity | 0.85 | 1.14 | 0.90 | 0.88 | 0.63 |
| Shares outstanding | |||||
| Shares outstanding | 0.02bn | 0.02bn | 0.02bn | 0.02bn | 0.02bn |
Health checks
- Free cash flow positive4 of 5 years
- Accounting looks honest (Beneish)Nothing unusual
- Financial strength (Piotroski)7 of 9
- Profit backed by cash (accruals)Yes
- Debt0.63× equity
- Revenue growth, five yearsSlow, 8.6% a year
- Buying back its own sharesNo, 7% more shares since 2021
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $154 million last quarter, up 10% on a year ago.
- Profit: $10 million, up 85% on a year ago.
- It keeps 8 cents of each $1 of sales as operating profit, up from 6 cents a year earlier.
- Spare cash over the past 12 months: $27 million, down from $55 million.
- 1% more shares than a year ago. Each share owns a bit less of the company.
- Debt is $139 million more than cash, down from $161 million a year ago.
- Sales grew on a year ago in each of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| September 2024 | $125m |
| December 2024 | $122m |
| March 2025 | $133m |
| June 2025 | $140m |
| September 2025 | $139m |
| December 2025 | $143m |
| March 2026 | $139m |
| June 2026 | $154m |
| Quarter to | Amount |
|---|---|
| September 2024 | $2m |
| December 2024 | $3m |
| March 2025 | $4m |
| June 2025 | $6m |
| September 2025 | $6m |
| December 2025 | $6m |
| March 2026 | $5m |
| June 2026 | $10m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 5 March 2026
- Next quarterly (estimated, 10-Q)
- 4 November 2026
Who owns it
4 long-term investors we follow own it, up from 3 last quarter. 230 funds in all.
- GAMCO InvestorsMario Gabelli
- Value
- $18m
- Share of fund
- 0.2%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| GAMCO InvestorsMario Gabelli | $18m | 0.2% | |
| Diamond Hill Capital ManagementRic Dillon (founder) | $4m | <0.1% | Cut |
| Boston PartnersBoston Partners team | $483,770 | <0.1% | Cut |
| Barrow HanleyBarrow Hanley team | $3,603 | <0.1% | New |
Largest holders overall
- FMR$207mCut
- BlackRock$129mAdded
- Juniper Investment Company$78mCut
- Vanguard Capital Management$69m
- Jennison Associates$53mAdded
- Dimensional Fund Advisors LP$52mCut
- Geode Capital Management$48mAdded
- State Street$42m
- Portolan Capital Management$37mAdded
- Price T Rowe Associates$34mAdded
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
3 investors own more than 5%.
- FMR LLCPassive investorat least 12.1%−2.2 pts(filed with 1 related holder)Since 31 March 2026
- BlackRock, Inc.Passive investor5.9%Since 31 March 2025
- Juniper Investment Company, LLCPassive investorat least 3.5%(filed with 6 related holders)Since 11 August 2026
What they said
Item 4 is hereby amended and supplemented by adding the following information. Between August 11, 2026, and August 13, 2026, Juniper Targeted Opportunity Fund, L.P. sold 165,991 shares at an aggregate price of approximately $18,792,719, which includes brokerage commissions, in…
Read the filing - The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
FMR LLC Passive investor | at least 12.1%−2.2 pts (filed with 1 related holder) | 31 March 2026 | |
BlackRock, Inc. Passive investor | 5.9% | 31 March 2025 | |
Juniper Investment Company, LLC Passive investor | at least 3.5% (filed with 6 related holders) | 11 August 2026 | What they saidItem 4 is hereby amended and supplemented by adding the following information. Between August 11, 2026, and August 13, 2026, Juniper Targeted Opportunity Fund, L.P. sold 165,991 shares at an aggregate price of approximately $18,792,719, which includes brokerage commissions, in… Read the filing |
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 1 insider bought $97,104 of shares on the open market. 3 sold $9m.
- Winter Michael RDirectorSold
- Date
- 23 September 2026
- Shares
- 457
- Price
- $109.27
- Value
- $49,936
- Winter Michael RDirectorBought
- Date
- 23 September 2026
- Shares
- 457
- Price
- $108.97
- Value
- $49,799
- WARZALA RICHARD SChief Executive Officer, DirectorSold
- Date
- 10 August 2026
- Shares
- 70,000
- Price
- $113.58
- Value
- $8m
- Bendre AshishVP and Group PresidentSold
- Date
- 27 March 2026
- Shares
- 6,000
- Price
- $63.00
- Value
- $378,000
- Winter Michael RDirectorSold
- Date
- 23 December 2025
- Shares
- 847
- Price
- $55.56
- Value
- $47,059
- Winter Michael RDirectorBought
- Date
- 23 December 2025
- Shares
- 847
- Price
- $55.85
- Value
- $47,305
- Bendre AshishVP and Group PresidentSold
- Date
- 25 November 2025
- Shares
- 16,000
- Price
- $52.25
- Value
- $836,000
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 23 September 2026 | Winter Michael R Director | Sold | 457 | $109.27 | $49,936 |
| 23 September 2026 | Winter Michael R Director | Bought | 457 | $108.97 | $49,799 |
| 10 August 2026 | WARZALA RICHARD S Chief Executive Officer, Director | Sold | 70,000 | $113.58 | $8m |
| 27 March 2026 | Bendre Ashish VP and Group President | Sold | 6,000 | $63.00 | $378,000 |
| 23 December 2025 | Winter Michael R Director | Sold | 847 | $55.56 | $47,059 |
| 23 December 2025 | Winter Michael R Director | Bought | 847 | $55.85 | $47,305 |
| 25 November 2025 | Bendre Ashish VP and Group President | Sold | 16,000 | $52.25 | $836,000 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
None of the warning signs we check for were found.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 5 Mar 2026, plus the 10-Q filed 5 Aug 2026 and 1 later 8-K.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
What could go wrong
- It isn't cheap on profits: 44.5× operating profit.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.