Key Points
- Insider sale: EVP Staffan Olsson sold 119 shares on Feb. 17 at an average price of $124.89 for $14,861.91, trimming his holding by 5.27% to 2,137 shares (≈$266,890), per an SEC filing.
- Recent results & payout: Autoliv beat expectations with Q EPS of $3.19 (vs. $2.85) and revenue up 7.7% YoY, has a market cap of ~$9.33B and a PE of 12.84, and declared a $0.87 quarterly dividend (annualized $3.48, yield ~2.8%; ex-dividend Mar. 4).
- Analyst view: Consensus is a "Moderate Buy" (10 Buys, 3 Holds) with an average price target of $134.40; JPMorgan upgraded to "overweight" and raised its target to $140 while some firms trimmed targets to the ~$125–129 range.
Autoliv, Inc. (NYSE:ALV - Get Free Report) EVP Staffan Olsson sold 119 shares of the company's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $124.89, for a total value of $14,861.91. Following the sale, the executive vice president owned 2,137 shares in the company, valued at approximately $266,889.93. The trade was a 5.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Autoliv Stock Down 0.2%
NYSE:ALV traded down $0.28 on Friday, hitting $122.87. The stock had a trading volume of 420,064 shares, compared to its average volume of 732,195. The company has a market cap of $9.33 billion, a PE ratio of 12.84, a P/E/G ratio of 1.05 and a beta of 1.32. The business's fifty day moving average is $123.72 and its 200 day moving average is $121.60. The company has a quick ratio of 0.79, a current ratio of 1.05 and a debt-to-equity ratio of 0.67. Autoliv, Inc. has a 52 week low of $75.49 and a 52 week high of $130.14.
Autoliv (NYSE:ALV - Get Free Report) last released its earnings results on Friday, January 30th. The auto parts company reported $3.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.85 by $0.34. Autoliv had a return on equity of 30.42% and a net margin of 6.80%.The company's quarterly revenue was up 7.7% on a year-over-year basis. During the same period last year, the firm earned $3.05 earnings per share. On average, equities research analysts expect that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.
Autoliv Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Wednesday, March 4th will be issued a $0.87 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $3.48 annualized dividend and a yield of 2.8%. Autoliv's dividend payout ratio is 36.40%.
Analyst Upgrades and Downgrades
ALV has been the topic of several research reports. TD Cowen restated a "buy" rating on shares of Autoliv in a report on Monday, February 2nd. JPMorgan Chase & Co. upgraded shares of Autoliv from a "neutral" rating to an "overweight" rating and upped their target price for the stock from $109.00 to $140.00 in a research report on Wednesday, November 26th. Wells Fargo & Company lowered their price target on shares of Autoliv from $129.00 to $125.00 and set an "equal weight" rating for the company in a report on Tuesday, December 9th. Weiss Ratings reissued a "buy (b)" rating on shares of Autoliv in a research note on Monday, December 29th. Finally, Wall Street Zen downgraded Autoliv from a "strong-buy" rating to a "buy" rating in a report on Saturday, January 31st. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $134.40.
Check Out Our Latest Analysis on Autoliv
Institutional Trading of Autoliv
A number of institutional investors and hedge funds have recently modified their holdings of ALV. Torren Management LLC acquired a new position in Autoliv during the fourth quarter worth about $25,000. IFP Advisors Inc increased its position in shares of Autoliv by 110.3% in the 3rd quarter. IFP Advisors Inc now owns 204 shares of the auto parts company's stock valued at $25,000 after purchasing an additional 107 shares during the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Autoliv by 863.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 212 shares of the auto parts company's stock worth $25,000 after acquiring an additional 190 shares in the last quarter. True Wealth Design LLC increased its stake in Autoliv by 1,892.3% in the second quarter. True Wealth Design LLC now owns 259 shares of the auto parts company's stock valued at $29,000 after purchasing an additional 246 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new stake in Autoliv in the third quarter valued at $32,000. Hedge funds and other institutional investors own 69.57% of the company's stock.
About Autoliv
(
Get Free Report)
Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.
Founded in 1997 following the spin-off of Electrolux's automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.
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