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Tweedy Browne Co LLC Has $47.59 Million Holdings in Autoliv, Inc. $ALV

Autoliv logo with Auto/Tires/Trucks background
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Key Points

  • Tweedy Browne reduced its position in Autoliv by 7.3% in Q4 to 400,924 shares (about 0.53% of the company) worth $47.59 million, making ALV its 8th-largest holding and roughly 3.8% of the fund's portfolio.
  • EPS beat: Autoliv reported Q results topping estimates with $2.05 EPS versus $1.84 expected and $2.75B in revenue vs. $2.61B expected, and declared a $0.87 quarterly dividend (3.0% yield); analysts' consensus rating is a "Moderate Buy" with a $134.25 target.
  • Insider selling has been notable, with insiders offloading 22,243 shares (~$2.71M) in the past 90 days — including sizable reductions by EVP Christian Swahn and Director Franz‑Josef Kortuem — while corporate insiders still own 0.34% of the stock.
  • MarketBeat previews the top five stocks to own by June 1st.

Tweedy Browne Co LLC reduced its position in shares of Autoliv, Inc. (NYSE:ALV - Free Report) by 7.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 400,924 shares of the auto parts company's stock after selling 31,740 shares during the quarter. Autoliv makes up about 3.8% of Tweedy Browne Co LLC's holdings, making the stock its 8th biggest holding. Tweedy Browne Co LLC owned about 0.53% of Autoliv worth $47,590,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Torren Management LLC bought a new position in Autoliv during the 4th quarter valued at approximately $25,000. IFP Advisors Inc raised its position in Autoliv by 110.3% during 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. Root Financial Partners LLC bought a new position in Autoliv during the 3rd quarter valued at approximately $32,000. Quarry LP bought a new position in Autoliv during the 3rd quarter valued at approximately $36,000. Finally, Johnson Financial Group Inc. bought a new position in Autoliv during the 3rd quarter valued at approximately $37,000. 69.57% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Christian Swahn sold 1,478 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $122.03, for a total value of $180,360.34. Following the completion of the transaction, the executive vice president directly owned 5,314 shares in the company, valued at $648,467.42. This trade represents a 21.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Franz-Josef Kortuem sold 8,300 shares of the stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $120.40, for a total transaction of $999,320.00. Following the completion of the transaction, the director owned 5,549 shares of the company's stock, valued at approximately $668,099.60. The trade was a 59.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 22,243 shares of company stock worth $2,713,735 over the last 90 days. Corporate insiders own 0.34% of the company's stock.

Autoliv Stock Down 1.3%

Shares of NYSE:ALV opened at $114.71 on Tuesday. Autoliv, Inc. has a 52-week low of $93.20 and a 52-week high of $130.14. The firm has a market capitalization of $8.59 billion, a P/E ratio of 12.33, a P/E/G ratio of 0.78 and a beta of 1.32. The stock has a 50 day moving average price of $110.60 and a 200-day moving average price of $117.54. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.82 and a current ratio of 1.08.

Autoliv (NYSE:ALV - Get Free Report) last announced its earnings results on Saturday, April 18th. The auto parts company reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.84 by $0.21. Autoliv had a return on equity of 29.03% and a net margin of 6.45%.The firm had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.61 billion. During the same quarter in the prior year, the company earned $2.15 EPS. The business's revenue was up 6.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Autoliv, Inc. will post 10.53 EPS for the current fiscal year.

Autoliv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Wednesday, March 4th were paid a $0.87 dividend. This represents a $3.48 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Wednesday, March 4th. Autoliv's dividend payout ratio (DPR) is presently 37.42%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Royal Bank Of Canada upped their price target on Autoliv from $137.00 to $138.00 and gave the company an "outperform" rating in a research report on Monday, April 20th. Wolfe Research set a $143.00 price objective on shares of Autoliv in a report on Monday, January 12th. TD Cowen decreased their price objective on shares of Autoliv from $150.00 to $147.00 and set a "buy" rating for the company in a report on Wednesday, April 15th. Weiss Ratings upgraded shares of Autoliv from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, April 21st. Finally, Jefferies Financial Group lowered shares of Autoliv from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $150.00 to $120.00 in a report on Tuesday, April 14th. Ten research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Autoliv presently has an average rating of "Moderate Buy" and a consensus target price of $134.25.

Get Our Latest Stock Report on ALV

Autoliv Profile

(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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Institutional Ownership by Quarter for Autoliv (NYSE:ALV)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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