StellantisSTLA
Market Cap: $44.2B
About: Stellantis NV was formed on Jan. 16, 2021, from the merger of Fiat Chrysler Automobiles and PSA Group. The combination of the two companies created the world's fifth-largest automaker, with 14 automobile brands. In 2023, pro forma Stellantis had sales volume of 6.2 million vehicles and EUR 189.5 billion in revenue, albeit affected by the microchip shortage. Europe is Stellantis' largest market, accounting for 44% of 2023 global volume while North America and South America were 29% and 15%, respectively.
Employees: 258,275
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
41% more repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 135
0.68% less ownership
Funds ownership: 32.2% [Q1] → 31.53% (-0.68%) [Q2]
6% less funds holding
Funds holding: 481 [Q1] → 452 (-29) [Q2]
19% less funds holding in top 10
Funds holding in top 10: 21 [Q1] → 17 (-4) [Q2]
31% less capital invested
Capital invested by funds: $27.3B [Q1] → $18.8B (-$8.46B) [Q2]
35% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 82
57% less call options, than puts
Call options by funds: $763M | Put options by funds: $1.77B
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Jefferies Philippe Houchois 100% 1-year accuracy 1 / 1 met price target | 8%upside $16.44 | Hold Downgraded | 7 Aug 2024 |
Bernstein Daniel Roeska 33% 1-year accuracy 1 / 3 met price target | 55%upside $24 | Market Perform Initiated | 28 Jun 2024 |
Financial journalist opinion
Based on 347 articles about STLA published over the past 30 days