Autoliv
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 Q2 SEC filings by fund managers ($100M+ AUM)
81% more call options, than puts
Call options by funds: $10.4M | Put options by funds: $5.76M
34% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 44
4% more funds holding
Funds holding: 372 [Q1] → 387 (+15) [Q2]
1.08% more ownership
Funds ownership: 63.49% [Q1] → 64.57% (+1.08%) [Q2]
7% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 125
10% less funds holding in top 10
Funds holding in top 10: 10 [Q1] → 9 (-1) [Q2]
11% less capital invested
Capital invested by funds: $6.31B [Q1] → $5.62B (-$691M) [Q2]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Wells Fargo Colin Langan 19% 1-year accuracy 5 / 26 met price target | 4%upside $101 | Equal-Weight Maintained | 21 Oct 2024 |
Baird Luke Junk 55% 1-year accuracy 6 / 11 met price target | 11%upside $108 | Neutral Maintained | 21 Oct 2024 |
Barclays Dan Levy 43% 1-year accuracy 15 / 35 met price target | 13%upside $110 | Equal-Weight Maintained | 15 Oct 2024 |
B of A Securities Michael Jacks 33% 1-year accuracy 1 / 3 met price target | 37%upside $134 | Buy Maintained | 3 Oct 2024 |
Wells Fargo Colin Langan 19% 1-year accuracy 5 / 26 met price target | 5%upside $102 | Equal-Weight Maintained | 20 Sept 2024 |
Financial journalist opinion
Based on 14 articles about ALV published over the past 30 days