Altra Industrial Motion Corp. (AIMC) News
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AIMC News Highlights
- For AIMC, its 30 day story count is now at 4.
- Over the past 1 day, the trend for AIMC's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
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Latest AIMC News From Around the Web
Below are the latest news stories about Altra Industrial Motion Corp that investors may wish to consider to help them evaluate AIMC as an investment opportunity.
Altra Industrial's (AIMC) acquisition of Nook Industries can allow it to expand its linear motion control product offerings and expand its presence in factory automation, medical and defense space.
Nook Industries, Inc. Sells Family Business to Altra Industrial Motion Corp. (Nasdaq: AIMC), a Leading Global Manufacturer and Supplier of Motion Control, Power Transmission and Automation Products
CLEVELAND, Jan. 03, 2022 (GLOBE NEWSWIRE) -- Nook Industries, Inc. (“Nook” or the “Company”), a leader in US engineered linear motion products and solutions announced today that it has sold the family-owned business to Braintree, Massachusetts based Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products. The Nook business, which will be integrated into Altra’s Thomson operating company in its Automati
Altra Industrial Motion Corp (NASDAQ: AIMC) has acquired Nook Industries LLC for undisclosed financial terms. Founded in 1969 by Joseph H. Nook, the Cleveland, Ohio-based Nook provides a broad-based offering of linear motion solutions. Nook is expected to generate ~$42 million in revenue for FY21. Altra expects the transaction to be cash accretive to its earnings in 2022, excluding any one-time or acquisition-related costs. Nook will be integrated into Altra's Thomson operating company in its Au
Altra Completes Acquisition of Nook Industries, a Leader in the US Engineered Linear Motion Industry
Deal Advances Strategy to Focus on Highly Engineered Products in the Motion Control and Power Transmission Markets and Expands Presence in Attractive Medical, Factory Automation and Defense Markets Expects Acquisition to be Cash Accretive in 2022, Excluding Transaction Costs BRAINTREE, Mass., Jan. 03, 2022 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC) (“Altra” or the “Company”), a leading global manufacturer and supplier of motion control, power transmission and automation pro
Investment company Putnam Funds Trust (Current Portfolio) buys Definitive Healthcare Corp, F45 Training Holdings Inc, RBC Bearings Inc, Cytokinetics Inc, The Beauty Health Co, sells ABM Industries Inc, II-VI Inc, InMode, AdaptHealth Corp, TG Therapeutics Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Putnam Funds Trust.
Altra Industrial Motion's (NASDAQ:AIMC) three-year total shareholder returns outpace the underlying earnings growth
It might be of some concern to shareholders to see the Altra Industrial Motion Corp. ( NASDAQ:AIMC ) share price down...
Emerald Advisers LLC lifted its holdings in Altra Industrial Motion Corp. (NASDAQ:AIMC) by 3.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 371,855 shares of the industrial products companys stock after acquiring an additional 13,557 shares during the quarter. Emerald Advisers LLCs holdings in Altra Industrial Motion were worth $20,582,000 at the end of 
Altra Industrial Motion Corp. (NASDAQ:AIMC) has earned a consensus rating of Buy from the six ratings firms that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokers that have 
Altra Industrial Motion Corp (AIMC): Price Down $-1.19 (-2.24)% Over Past Day, Down $-1.19 (-2.24)% Over Past Hour
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The post Altra Industrial Motion Corp (AIMC): Price Down $-1.19 (-2.24)% Over Past Day, Down $-1.19 (-2.24)% Over Past Hour appeared first on ETF Daily News .
Frontier Capital Management Co. LLC Has $18.08 Million Stock Holdings in Altra Industrial Motion Corp. (NASDAQ:AIMC)
Frontier Capital Management Co. LLC lessened its position in Altra Industrial Motion Corp. (NASDAQ:AIMC) by 2.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 326,582 shares of the industrial products companys stock after selling 8,830 shares during the quarter. Frontier Capital Management Co.