Altra Industrial Motion (AIMC) Tops Q1 EPS by 13c, Beats on Revenue; Raises FY Guidance

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Go back to Altra Industrial Motion (AIMC) Tops Q1 EPS by 13c, Beats on Revenue; Raises FY Guidance

Altra Holdings (AIMC) PT Raised to $49 at BMO Capital; 'Exceptional 1Q, A Nice Earnings Set Up'

May 1, 2017 8:59 AM EDT

BMO Capital raised its price target on Altra Holdings (NASDAQ: AIMC) to $49.00 (from $46.00) while maintaining a Outperform rating, following the company's first quarter earnings report.

Analyst R. Scott Graham notes management offered adjusted earnings per share growth of 39%, beating consensus estimates driven by stronger... More

Altra Industrial Motion (AIMC) Raises Quarterly Dividend 13.3% to $0.17; 1.7% Yield

April 26, 2017 3:28 PM EDT

Altra Industrial Motion (NASDAQ: AIMC) declared a quarterly dividend of $0.17 per share, or $0.68 annualized. This is a 13.3% increase from the prior dividend of $0.15.

The dividend will be payable on July 6, 2017, to stockholders of record on June 16, 2017, with an ex-dividend date of June 14,... More