20.40 USD
-0.82
3.86%
At close Nov 14, 4:00 PM EST
After hours
20.40
+0.00
0.00%
1 day
-3.86%
5 days
-4.40%
1 month
-6.68%
3 months
-4.27%
6 months
-31.36%
Year to date
-44.09%
1 year
-37.71%
5 years
0.20%
10 years
-58.66%
 

About: Adient began trading Oct. 31, 2016, when Johnson Controls spun off its automotive experience segment into this new company. Adient is the leading seating supplier to the industry with about one third of the global market. Its share in China is now nearly 20%, down from about 45%, following the sale of its main joint venture there at the end of fiscal 2021. Unconsolidated seating revenue from joint ventures after factoring in the sale was about $3.8 billion in fiscal 2023 and consolidated China revenue was $1.4 billion. The company is headquartered in Ireland but has corporate offices in the Detroit area. Fiscal 2023 (Sept. 30 year-end) consolidated revenue, which excludes joint venture sales, was $15.4 billion and fiscal 2024 is forecast to about $14.6 billion.

Employees: 70,000

0
Funds holding %
of 6,759 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]

2% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 96

1.9% less ownership

Funds ownership: 95.0% [Q1] → 93.1% (-1.9%) [Q2]

10% less funds holding

Funds holding: 309 [Q1] → 279 (-30) [Q2]

25% less call options, than puts

Call options by funds: $3.43M | Put options by funds: $4.6M

28% less capital invested

Capital invested by funds: $2.85B [Q1] → $2.07B (-$788M) [Q2]

49% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 61

Research analyst outlook

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

Low target
$19
7%
downside
Avg. target
$25
23%
upside
High target
$30
47%
upside

4 analyst ratings

positive
50%
neutral
25%
negative
25%
Morgan Stanley
Adam Jonas
56% 1-year accuracy
34 / 61 met price target
7%downside
$19
Underweight
Maintained
14 Nov 2024
B of A Securities
John Murphy
69% 1-year accuracy
22 / 32 met price target
47%upside
$30
Buy
Maintained
14 Oct 2024
Wells Fargo
Colin Langan
50% 1-year accuracy
1 / 2 met price target
32%upside
$27
Overweight
Maintained
20 Sept 2024
Deutsche Bank
Edison Yu
40% 1-year accuracy
2 / 5 met price target
18%upside
$24
Hold
Reinstated
10 Sept 2024

Financial journalist opinion

Based on 9 articles about ADNT published over the past 30 days

Charts implemented using Lightweight Charts™