We rank companies based on fund manager, research analyst and news sentiment
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Adient
ADNT

$29.76
4.4%
 

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.

Employees: 70,000

0
Funds holding %
of 6,474 funds
0
Analysts bullish %
of 7 analysts
0
News positive %
of 3 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

200% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 3 (+2) [Q4]

1% more funds holding

Funds holding: 284 [Q3] → 287 (+3) [Q4]

6% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 52

1% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 88

3% less capital invested

Capital invested by funds: $3.16B [Q3] → $3.06B (-$94.8M) [Q4]

1.92% less ownership

Funds ownership: 91.8% [Q3] → 89.88% (-1.92%) [Q4]

58% less call options, than puts

Call options by funds: $5.23M | Put options by funds: $12.5M

Research analyst outlook

7 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$35
18%
upside
Avg. target
$40
35%
upside
High target
$46
55%
upside

7 analyst ratings

positive
57%
neutral
29%
negative
14%
Barclays
Dan Levy
24%upside
$37
Equal-Weight
Downgraded
10 Apr 2024
B of A Securities
John Murphy
55%upside
$46
Buy
Maintained
10 Apr 2024
JP Morgan
Ryan Brinkman
34%upside
$40
Neutral
Maintained
28 Feb 2024
Wells Fargo
Colin Langan
34%upside
$40
Overweight
Maintained
8 Feb 2024
Barclays
Dan Levy
44%upside
$43
Overweight
Maintained
24 Jan 2024

Financial journalist opinion

Based on 3 articles about ADNT published over the past 30 days