AutolivALV
Market Cap: $7.69B
About: Autoliv is the global leader in passive safety components and systems for the auto industry. Products include seat belts, frontal air bags, side-impact air bags, air bag inflators, and steering wheels. The Renault-Nissan-Mitsubishi alliance is the company's largest customer at 10% of 2023 revenue, with Stellantis accounting for 10% and Volkswagen 9%. At 34% of 2023 revenue, the Americas was Autoliv's largest geographic region, followed by Europe at 27%, China at 20%, and rest of world at 19%.
Employees: 68,700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
81% more call options, than puts
Call options by funds: $10.4M | Put options by funds: $5.76M
32% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 44
4% more funds holding
Funds holding: 372 [Q1] → 386 (+14) [Q2]
1.07% more ownership
Funds ownership: 63.49% [Q1] → 64.57% (+1.07%) [Q2]
7% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 125
10% less funds holding in top 10
Funds holding in top 10: 10 [Q1] → 9 (-1) [Q2]
11% less capital invested
Capital invested by funds: $6.31B [Q1] → $5.62B (-$691M) [Q2]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Evercore ISI Group Chris McNally 17% 1-year accuracy 1 / 6 met price target | 46%upside $140 | Outperform Maintained | 22 Jul 2024 |
Citigroup Itay Michaeli 19% 1-year accuracy 3 / 16 met price target | 12%upside $108 | Neutral Maintained | 22 Jul 2024 |
Wells Fargo Colin Langan 20% 1-year accuracy 5 / 25 met price target | 7%upside $103 | Equal-Weight Maintained | 22 Jul 2024 |
Barclays Dan Levy 24% 1-year accuracy 8 / 34 met price target | 20%upside $115 | Equal-Weight Maintained | 22 Jul 2024 |
B of A Securities Michael Jacks 0% 1-year accuracy 0 / 2 met price target | 39%upside $133 | Buy Maintained | 22 Jul 2024 |
Financial journalist opinion
Based on 3 articles about ALV published over the past 30 days