Allianz Asset Management GmbH cut its position in shares of Adient (NYSE:ADNT – Free Report) by 29.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 368,298 shares of the company’s stock after selling 157,359 shares during the period. Allianz Asset Management GmbH owned approximately 0.45% of Adient worth $8,869,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in ADNT. State of Wyoming purchased a new stake in Adient in the 3rd quarter worth about $253,000. Mutual Advisors LLC raised its holdings in shares of Adient by 20.4% in the third quarter. Mutual Advisors LLC now owns 51,753 shares of the company’s stock worth $1,229,000 after buying an additional 8,754 shares during the period. Federated Hermes Inc. lifted its stake in shares of Adient by 0.7% during the 3rd quarter. Federated Hermes Inc. now owns 451,333 shares of the company’s stock worth $10,868,000 after acquiring an additional 3,311 shares during the last quarter. Teacher Retirement System of Texas boosted its holdings in Adient by 441.0% during the 3rd quarter. Teacher Retirement System of Texas now owns 69,085 shares of the company’s stock valued at $1,664,000 after acquiring an additional 56,316 shares during the period. Finally, Meeder Asset Management Inc. grew its position in Adient by 885.1% in the 3rd quarter. Meeder Asset Management Inc. now owns 7,093 shares of the company’s stock valued at $171,000 after acquiring an additional 6,373 shares during the last quarter. 92.44% of the stock is currently owned by institutional investors.
Key Headlines Impacting Adient
Here are the key news stories impacting Adient this week:
- Positive Sentiment: Q1 results beat expectations — EPS beat consensus and revenue grew ~4.3% y/y, with management raising fiscal-2026 guidance; these fundamentals are the primary catalyst for buying interest. Zacks: Q1 earnings beat Yahoo: Earnings highlights
- Positive Sentiment: Deutsche Bank upgraded ADNT from Hold to Buy and set a $33 price target (roughly ~30% upside from prior levels), a notably bullish analyst action that can attract demand. American Banking News: Deutsche Bank upgrade
- Positive Sentiment: JPMorgan raised its price target to $28 (from $24) while keeping a Neutral rating — the higher target increases perceived upside and supports the rally. Benzinga: JPMorgan PT raise
- Neutral Sentiment: Barclays bumped its target to $27 with an Equal Weight rating — a modest lift but not a strong buy signal. Benzinga: Barclays PT raise
- Neutral Sentiment: Technical/market-interest note — ADNT showed rising relative price strength in sector screens, reinforcing momentum but not altering fundamentals. MSN: Relative price strength
- Negative Sentiment: Morgan Stanley set a new $22 price target (Equal Weight), below the current market price — this creates a visible downside reference for some investors and tempering upside confidence. American Banking News: Morgan Stanley PT
Adient Price Performance
Adient (NYSE:ADNT – Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.16. The company had revenue of $3.64 billion during the quarter, compared to the consensus estimate of $3.45 billion. Adient had a negative net margin of 2.06% and a positive return on equity of 8.18%. Adient’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.27 earnings per share. Sell-side analysts forecast that Adient will post 1.76 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, EVP Michel Pierre Rose Berthelin sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $19.71, for a total transaction of $49,275.00. Following the sale, the executive vice president owned 116,425 shares of the company’s stock, valued at $2,294,736.75. This trade represents a 2.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.94% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of analysts have weighed in on ADNT shares. Deutsche Bank Aktiengesellschaft upgraded Adient from a “hold” rating to a “buy” rating and set a $33.00 target price for the company in a research report on Thursday. UBS Group raised their price target on shares of Adient from $30.00 to $32.00 and gave the stock a “buy” rating in a research note on Thursday. Citigroup lowered their price objective on shares of Adient from $25.00 to $22.50 and set a “neutral” rating for the company in a research report on Wednesday, November 12th. Wells Fargo & Company raised their target price on shares of Adient from $28.00 to $29.00 and gave the stock an “overweight” rating in a research report on Monday, January 12th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Adient from $24.00 to $28.00 and gave the company a “neutral” rating in a research note on Friday. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $26.61.
Check Out Our Latest Research Report on ADNT
Adient Company Profile
Adient plc (NYSE: ADNT) is a leading global supplier of automotive seating and interior components. Established in 2016 through a spin-off from Johnson Controls, the company designs, engineers and manufactures complete seat assemblies, seat structures, mechanisms, foams, textiles, trim and electronics. Adient’s product portfolio spans a wide range of seating solutions, from entry-level designs to luxury and high-performance seats, and extends to interior modules such as door panels and center consoles.
Serving major original equipment manufacturers (OEMs) around the world, Adient works closely with automakers to develop lightweight, comfortable and safety-oriented seating systems.
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