Autoliv (ALV)

• Market cap: $7.24B
• 1 day: 0.69%
• 5 days: -4.73%
• 1 month: -4.79%
• 3 months: -1.02%
• 6 months: -13.82%
• Year to date: -16.38%
• 1 year: -12.92%
• 5 years: 6.90%
• 10 years: -12.59%
• Sector: Consumer Discretionary
• Industry: Motor Vehicle Parts & Accessories

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 Q3 regulatory filings by fund managers ($100M+ AUM)

39% more call options, than puts

Call options by funds: $10.1M | Put options by funds: $7.23M

2.54% less ownership

Funds ownership: 65.8% [Q2] → 63.26% (-2.54%) [Q3]

5% less funds holding

Funds holding: 387 [Q2] → 367 (-20) [Q3]

17% less capital invested

Capital invested by funds: $5.72B [Q2] → $4.73B (-$991M) [Q3]

22% less funds holding in top 10

Funds holding in top 10: 9 [Q2] → 7 (-2) [Q3]

26% less repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 149

31% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 65

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $97 6% upside
• Avg. target: $112 22% upside
• High target: $134 46% upside

4 analyst ratings

• positive: 1 25%
• neutral: 3 75%
• negative: 0 0%

Wells Fargo Colin Langan 24% 1-year accuracy 8 / 33 met price target	6% upside $97	Equal-Weight Maintained	16 Dec 2024
Baird Luke Junk 62% 1-year accuracy 8 / 13 met price target	18% upside $108	Neutral Maintained	21 Oct 2024
Barclays Dan Levy 30% 1-year accuracy 12 / 40 met price target	20% upside $110	Equal-Weight Maintained	15 Oct 2024
B of A Securities Michael Jacks 33% 1-year accuracy 1 / 3 met price target	46% upside $134	Buy Maintained	3 Oct 2024