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Fredrik Westin, Executive Vice President of Finance and CFO at Autoliv Inc. (NYSE:ALV), has sold a portion of his shares in the company, according to a recent filing with the Securities and Exchange Commission. The automotive safety systems manufacturer, currently valued at $7.6 billion, has maintained strong dividend payments for 29 consecutive years and shows positive signs according to InvestingPro analysis. On February 25, Westin sold 1,803 shares of common stock at a price of $99.19 per share, totaling $178,839. This transaction was part of a pre-established trading plan under Rule 10b5-1, set up to cover taxes related to recent stock vestings. Following this sale, Westin holds 7,261 shares in the company. While this insider sale occurred, InvestingPro data shows management has been actively buying back shares, and analysts have set price targets ranging from $95 to $140 per share. Get access to the complete Autoliv research report and 10+ additional ProTips through InvestingPro’s comprehensive analysis platform.
In other recent news, Autoliv Inc. reported mixed fourth-quarter results for 2024, with earnings per share surpassing expectations at $3.05, compared to a consensus of $2.88. However, the company’s revenue fell short, recording $2.62 billion against an estimated $2.7 billion. Autoliv’s organic sales saw a decline of 3.3% year-over-year, which was below the global light vehicle production growth of 0.4%. The company attributed this shortfall to regional and customer mix challenges. Despite the revenue miss, Autoliv achieved record profitability in the quarter, with operating income reaching $353 million and an operating margin of 13.5%.
Looking ahead to 2025, Autoliv has provided guidance for flat year-over-year revenue, with anticipated organic sales growth of 2% being offset by a 2% foreign exchange headwind. The company projects an operating margin between 10-10.5% for the year. Analyst firms have adjusted their assessments in light of these developments. HSBC downgraded Autoliv’s stock from Buy to Hold, lowering the price target to $100 due to concerns about revenue challenges in China. Mizuho (NYSE:MFG) maintained an Outperform rating but reduced the price target to $112, while JPMorgan revised its price target to $109, citing mixed fourth-quarter performance and softer guidance for 2025. These adjustments reflect the analysts’ recalibrated expectations based on Autoliv’s latest financial outlook and market conditions.
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