Autoliv (ALV) – Analysts’ Weekly Ratings Updates

Autoliv (NYSE: ALV) recently received a number of ratings updates from brokerages and research firms:

• 10/21/2024 – Autoliv had its price target raised by analysts at Robert W. Baird from $103.00 to $108.00. They now have a “neutral” rating on the stock.
• 10/21/2024 – Autoliv was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 10/21/2024 – Autoliv had its price target lowered by analysts at Wells Fargo & Company from $102.00 to $101.00. They now have an “equal weight” rating on the stock.
• 10/15/2024 – Autoliv had its price target lowered by analysts at Barclays PLC from $115.00 to $110.00. They now have an “equal weight” rating on the stock.
• 10/3/2024 – Autoliv had its price target lowered by analysts at Bank of America Co. from $137.00 to $134.00. They now have a “buy” rating on the stock.
• 9/20/2024 – Autoliv had its price target lowered by analysts at Wells Fargo & Company from $103.00 to $102.00. They now have an “equal weight” rating on the stock.
• 9/10/2024 – Autoliv had its “buy” rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft. They now have a $116.00 price target on the stock.
• 9/5/2024 – Autoliv is now covered by analysts at Wolfe Research. They set an “outperform” rating and a $120.00 price target on the stock.

Autoliv Trading Down 1.5 %

Shares of NYSE ALV opened at $95.02 on Friday. Autoliv, Inc. has a fifty-two week low of $89.37 and a fifty-two week high of $129.38. The firm has a market capitalization of $7.73 billion, a P/E ratio of 14.82, a P/E/G ratio of 0.82 and a beta of 1.60. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.98 and a quick ratio of 0.73. The company’s 50 day simple moving average is $96.47 and its 200 day simple moving average is $107.08.

Autoliv (NYSE:ALV) last posted its earnings results on Friday, October 18th. The auto parts company reported $1.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.00 by ($0.16). Autoliv had a return on equity of 30.05% and a net margin of 5.91%. 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 previous year, the firm posted $1.66 earnings per share. Autoliv’s quarterly revenue was down 1.6% compared to the same quarter last year. On average, analysts predict that Autoliv, Inc. will post 8.44 EPS for the current year.

Autoliv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Wednesday, September 4th were issued a dividend of $0.68 per share. The ex-dividend date of this dividend was Wednesday, September 4th. This represents a $2.72 annualized dividend and a yield of 2.86%. Autoliv’s dividend payout ratio (DPR) is currently 42.43%.

Hedge Funds Weigh In On Autoliv

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Custom Index Systems LLC grew its stake in shares of Autoliv by 12.6% during the 3rd quarter. Custom Index Systems LLC now owns 3,282 shares of the auto parts company’s stock worth $306,000 after acquiring an additional 367 shares in the last quarter. State of Alaska Department of Revenue grew its position in Autoliv by 7.2% in the third quarter. State of Alaska Department of Revenue now owns 8,561 shares of the auto parts company’s stock valued at $799,000 after purchasing an additional 575 shares in the last quarter. Values First Advisors Inc. grew its position in Autoliv by 16.1% in the third quarter. Values First Advisors Inc. now owns 2,824 shares of the auto parts company’s stock valued at $264,000 after purchasing an additional 392 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in Autoliv by 203.8% in the 3rd quarter. Assenagon Asset Management S.A. now owns 106,563 shares of the auto parts company’s stock valued at $9,950,000 after buying an additional 71,487 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. lifted its position in Autoliv by 82.6% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 4,031 shares of the auto parts company’s stock worth $376,000 after buying an additional 1,824 shares in the last quarter. 69.57% of the stock is 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.