Autoliv, Inc. (NYSE:ALV) Given Average Rating of “Moderate Buy” by Analysts

Shares of Autoliv, Inc. (NYSE:ALV) have been assigned an average recommendation of “Moderate Buy” from the thirteen analysts that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $134.40.

Several research firms have recently issued reports on ALV. JPMorgan Chase & Co. raised Autoliv from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $109.00 to $140.00 in a research report on Wednesday, November 26th. Morgan Stanley set a $140.00 target price on shares of Autoliv in a report on Wednesday, November 26th. Barclays reiterated an “overweight” rating and set a $140.00 price target on shares of Autoliv in a report on Monday, February 2nd. TD Cowen restated a “buy” rating on shares of Autoliv in a report on Monday, February 2nd. Finally, Wolfe Research set a $143.00 price objective on Autoliv in a research report on Monday, January 12th.

Autoliv Stock Performance

Shares of ALV opened at $110.48 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.05 and a debt-to-equity ratio of 0.67. The stock has a market cap of $8.25 billion, a P/E ratio of 11.56, a P/E/G ratio of 0.94 and a beta of 1.32. The business’s 50 day moving average price is $123.25 and its 200-day moving average price is $121.83. Autoliv has a 52 week low of $75.49 and a 52 week high of $130.14.

Autoliv (NYSE:ALV) last announced its quarterly earnings data on Friday, January 30th. The auto parts company reported $3.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.85 by $0.34. Autoliv had a return on equity of 30.42% and a net margin of 6.80%.During the same quarter in the previous year, the business earned $3.05 earnings per share. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. Equities research analysts anticipate that Autoliv will post 9.51 earnings per share for the current fiscal year.

Autoliv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Wednesday, March 4th will be given a dividend of $0.87 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $3.48 annualized dividend and a dividend yield of 3.1%. Autoliv’s dividend payout ratio (DPR) is 36.40%.

Insider Buying and Selling

In other news, CEO Mikael Bratt sold 8,974 shares of Autoliv stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $123.51, for a total value of $1,108,378.74. Following the completion of the sale, the chief executive officer directly owned 29,290 shares in the company, valued at $3,617,607.90. The trade was a 23.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Franz-Josef Kortuem sold 8,300 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $120.40, for a total transaction of $999,320.00. Following the transaction, the director directly owned 5,549 shares of the company’s stock, valued at $668,099.60. The trade was a 59.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 22,243 shares of company stock worth $2,713,735 in the last three months. 0.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Autoliv

Large investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of Autoliv during the 4th quarter valued at $125,609,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Autoliv by 127,512.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 579,360 shares of the auto parts company’s stock valued at $68,770,000 after acquiring an additional 578,906 shares during the period. LSV Asset Management boosted its position in Autoliv by 54.9% in the third quarter. LSV Asset Management now owns 1,579,687 shares of the auto parts company’s stock worth $195,091,000 after purchasing an additional 559,605 shares during the last quarter. AQR Capital Management LLC boosted its position in Autoliv by 151.7% in the third quarter. AQR Capital Management LLC now owns 923,700 shares of the auto parts company’s stock worth $114,077,000 after purchasing an additional 556,651 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of Autoliv by 334.1% during the 2nd quarter. Invesco Ltd. now owns 644,818 shares of the auto parts company’s stock valued at $72,155,000 after purchasing an additional 496,261 shares during the period. Institutional investors own 69.57% of the company’s stock.

Autoliv Company Profile

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.