140,751,696 Shares in Alliance Laundry Holdings Inc. $ALH Purchased by BDT Capital Partners LLC

BDT Capital Partners LLC purchased a new position in Alliance Laundry Holdings Inc. (NYSE:ALH) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 140,751,696 shares of the company’s stock, valued at approximately $2,864,297,000. Alliance Laundry comprises approximately 90.2% of BDT Capital Partners LLC’s holdings, making the stock its biggest position. BDT Capital Partners LLC owned 0.71% of Alliance Laundry as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Boothbay Fund Management LLC bought a new position in shares of Alliance Laundry in the 4th quarter worth about $483,000. Freestone Grove Partners LP bought a new position in shares of Alliance Laundry in the 4th quarter worth about $5,088,000. Schonfeld Strategic Advisors LLC bought a new position in shares of Alliance Laundry in the 4th quarter worth about $4,019,000. Burkehill Global Management LP bought a new position in shares of Alliance Laundry in the 4th quarter worth about $9,158,000. Finally, Abel Hall LLC bought a new position in shares of Alliance Laundry in the 4th quarter worth about $208,000.

Alliance Laundry Stock Performance

NYSE:ALH opened at $26.06 on Thursday. The company has a market cap of $5.18 billion and a price-to-earnings ratio of 31.40. The company has a debt-to-equity ratio of 4.00, a quick ratio of 1.05 and a current ratio of 1.37. Alliance Laundry Holdings Inc. has a fifty-two week low of $18.64 and a fifty-two week high of $27.48. The company’s 50-day moving average price is $24.95.

Alliance Laundry (NYSE:ALH) last announced its quarterly earnings results on Tuesday, May 12th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The company had revenue of $426.89 million for the quarter. The firm’s revenue was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.20 earnings per share. On average, equities research analysts predict that Alliance Laundry Holdings Inc. will post 1.29 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Wall Street Zen upgraded shares of Alliance Laundry from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. Citigroup raised their price objective on shares of Alliance Laundry from $28.00 to $30.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Zacks Research upgraded shares of Alliance Laundry from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 22nd. Weiss Ratings upgraded shares of Alliance Laundry from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 13th. Finally, Morgan Stanley raised their price objective on shares of Alliance Laundry from $27.00 to $28.00 and gave the company an “equal weight” rating in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $30.00.

Insider Activity

In other news, COO Jan Gommaar M. Vleugels sold 75,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $25.64, for a total transaction of $1,923,000.00. Following the sale, the chief operating officer owned 599,563 shares of the company’s stock, valued at $15,372,795.32. This trade represents a 11.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Samantha Leigh Hannan sold 6,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $25.66, for a total transaction of $153,960.00. Following the sale, the insider directly owned 298,066 shares in the company, valued at approximately $7,648,373.56. The trade was a 1.97% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 98,500 shares of company stock valued at $2,534,585 in the last 90 days. 7.60% of the stock is currently owned by insiders.

About Alliance Laundry

Alliance Laundry Systems (NYSE: ALH) is a manufacturer and distributor of commercial and residential laundry equipment and related services. The company designs, produces and sells a range of coin-operated and vended machines, on-premises washers and dryers, and allied equipment for laundromats, multi-housing, hospitality, healthcare and other institutional customers. Alliance’s product strategy emphasizes durable, high-throughput machines for professional laundry operators as well as appliances geared to self-service and multi-dwelling applications.

Its product portfolio includes coin-operated and card-operated washers and dryers, stacked and single-pocket models, industrial-grade on-premises equipment, and parts and accessories.