Autoliv (ALV) – Analysts’ Recent Ratings Changes

Autoliv (NYSE: ALV) has recently received a number of price target changes and ratings updates:

• 12/25/2024 – Autoliv was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 12/16/2024 – Autoliv was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 12/16/2024 – Autoliv had its price target lowered by analysts at Wells Fargo & Company from $101.00 to $97.00. They now have an “equal weight” rating on the stock.
• 12/5/2024 – Autoliv was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 11/27/2024 – Autoliv was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 11/8/2024 – Autoliv was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.

Autoliv Trading Up 1.7 %

Shares of NYSE:ALV traded up $1.55 during trading on Wednesday, reaching $93.69. 328,591 shares of the stock were exchanged, compared to its average volume of 703,536. The firm’s 50-day moving average price is $96.88 and its 200 day moving average price is $99.36. The firm has a market cap of $7.38 billion, a price-to-earnings ratio of 12.20, a price-to-earnings-growth ratio of 0.90 and a beta of 1.59. Autoliv, Inc. has a 12-month low of $89.51 and a 12-month high of $129.38. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.71 and a current ratio of 0.96.

Autoliv (NYSE:ALV) last issued its quarterly earnings data on Friday, October 18th. The auto parts company reported $1.84 EPS for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.16). Autoliv had a return on equity of 30.85% and a net margin of 5.98%. The company had revenue of $2.56 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same quarter in the prior year, the firm earned $1.66 EPS. The company’s revenue for the quarter was down 1.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Autoliv, Inc. will post 8.19 earnings per share for the current fiscal year.

Autoliv Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Tuesday, December 3rd were issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date was Tuesday, December 3rd. This is an increase from Autoliv’s previous quarterly dividend of $0.68. Autoliv’s dividend payout ratio (DPR) is currently 36.46%.

Hedge Funds Weigh In On Autoliv

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Quantbot Technologies LP grew its holdings in Autoliv by 1,437.4% in the 3rd quarter. Quantbot Technologies LP now owns 51,994 shares of the auto parts company’s stock worth $4,855,000 after buying an additional 48,612 shares in the last quarter. Geode Capital Management LLC grew its position in Autoliv by 10.8% in the 3rd quarter. Geode Capital Management LLC now owns 987,375 shares of the auto parts company’s stock valued at $92,221,000 after buying an additional 95,888 shares in the last quarter. HITE Hedge Asset Management LLC increased its stake in shares of Autoliv by 32.9% during the third quarter. HITE Hedge Asset Management LLC now owns 135,424 shares of the auto parts company’s stock valued at $12,645,000 after acquiring an additional 33,490 shares during the period. Marshall Wace LLP increased its position in shares of Autoliv by 35.8% during the 2nd quarter. Marshall Wace LLP now owns 272,793 shares of the auto parts company’s stock valued at $29,186,000 after purchasing an additional 71,931 shares during the period. Finally, Beddow Capital Management Inc. raised its position in Autoliv by 14.4% in the third quarter. Beddow Capital Management Inc. now owns 80,897 shares of the auto parts company’s stock worth $7,553,000 after acquiring an additional 10,198 shares in the last quarter. 69.57% of the stock is currently owned by institutional investors and hedge funds.

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies.