Shares of Allient Inc. (NASDAQ:ALNT – Get Free Report) reached a new 52-week high on Thursday following a stronger than expected earnings report. Get Allient alerts:Allient Dividend AnnouncementThe company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Weiss Ratings raised Allient from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday. Macquarie Infrastructure set a $80.00 target price on shares of Allient in a research report on Tuesday, May 26th. Allient Stock PerformanceThe stock has a market cap of $1.86 billion, a price-to-earnings ratio of 76.55 and a beta of 1.61.