Analysts Set Autoliv, Inc. (NYSE:ALV) PT at $135.93

Autoliv, Inc. (NYSE:ALV) has been given a consensus rating of “Moderate Buy” by the thirteen ratings firms that are currently covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $135.9333.

Several brokerages have weighed in on ALV. UBS Group increased their target price on Autoliv from $110.00 to $122.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Jefferies Financial Group raised shares of Autoliv to a “hold” rating in a report on Monday, June 15th. Royal Bank Of Canada dropped their price objective on shares of Autoliv from $148.00 to $147.00 and set an “outperform” rating on the stock in a report on Monday, July 20th. Wall Street Zen downgraded Autoliv from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, TD Cowen reduced their price target on shares of Autoliv from $150.00 to $148.00 and set a “buy” rating for the company in a research note on Monday, July 20th.

Insider Transactions at Autoliv

In other news, Director Jan Carlson sold 19,607 shares of Autoliv stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $130.00, for a total value of $2,548,910.00. Following the transaction, the director directly owned 60,000 shares of the company’s stock, valued at $7,800,000. This trade represents a 24.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.34% of the company’s stock.

Hedge Funds Weigh In On Autoliv

Several institutional investors and hedge funds have recently modified their holdings of ALV. Integrated Wealth Concepts LLC bought a new position in shares of Autoliv during the 1st quarter valued at $412,000. NewEdge Advisors LLC boosted its position in shares of Autoliv by 11.2% during the 1st quarter. NewEdge Advisors LLC now owns 3,242 shares of the auto parts company’s stock valued at $287,000 after acquiring an additional 326 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Autoliv by 3,361.1% during the 1st quarter. Jones Financial Companies Lllp now owns 10,591 shares of the auto parts company’s stock worth $937,000 after buying an additional 10,285 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Autoliv by 88.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 191,465 shares of the auto parts company’s stock worth $16,935,000 after purchasing an additional 89,918 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in Autoliv by 5.1% during the 2nd quarter. Cetera Investment Advisers now owns 5,497 shares of the auto parts company’s stock valued at $615,000 after purchasing an additional 268 shares during the last quarter. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Autoliv Trading Up 0.1%

NYSE ALV opened at $122.23 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.79 and a current ratio of 1.03. Autoliv has a one year low of $99.16 and a one year high of $132.17. The company has a 50-day simple moving average of $120.66 and a 200-day simple moving average of $118.01. The firm has a market capitalization of $8.95 billion, a PE ratio of 14.40, a price-to-earnings-growth ratio of 0.97 and a beta of 1.34.

Autoliv (NYSE:ALV) last issued its earnings results on Friday, July 17th. The auto parts company reported $2.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.46 by ($0.03). The business had revenue of $2.80 billion during the quarter, compared to the consensus estimate of $2.77 billion. Autoliv had a return on equity of 29.36% and a net margin of 5.79%.The business’s revenue was up 3.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.21 EPS. On average, equities analysts forecast that Autoliv will post 10.04 earnings per share for the current year.

Autoliv Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be given a $0.87 dividend. The ex-dividend date is Friday, August 28th. This represents a $3.48 annualized dividend and a yield of 2.8%. Autoliv’s payout ratio is 40.99%.

About Autoliv

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.