Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:
Allison Transmission Holdings Inc (NYSE: ALSN)
Allison Transmission Holdings is the world’s largest manufacturer of fully automatic transmissions for commercial vehicles, which serve as fuel-saving alternatives to less expensive manual and automated manual transmissions. It supplies its products to several end markets, including on- and off-highway equipment and military vehicles. For its on-highway business, where Allison maintains 60% of the global market share, Allison transmissions are incorporated into class 4 through 8 trucks, buses, and a limited number of large consumer vehicles, such as heavy-duty pickup trucks and motorhomes. Allison has been a leader in commercial hybrid propulsion systems and has more recently made inroads into fully electric powertrains with the acquisitions of Vantage Power and AxleTech in 2019.
A quick look at the price chart below for Allison Transmission Holdings shows us that the stock is down 19% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 9.67, which means that it’s undervalued.
(Source: Morningstar)
Superinvestors who currently hold positions in Allison Transmission Holdings:
Jim Simons – 6,167,919 shares
Cliff Asness – 689,795 shares
Ken Griffin – 289,235 shares
Paul Tudor Jones – 61,196 shares
Lee Ainslie – 33,911 shares
Joel Greenblatt – 23,151 shares
Ray Dalio – 21,830 shares
Michael Price – 17,500 shares
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