Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group bought a new position in shares of Stellantis N.V. (NYSE:STLA – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 400,000 shares of the company’s stock, valued at approximately $4,434,000. Stellantis comprises 2.2% of Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s holdings, making the stock its 17th largest holding.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of Italy boosted its holdings in Stellantis by 11.6% during the third quarter. Bank of Italy now owns 36,630,307 shares of the company’s stock worth $338,212,000 after buying an additional 3,800,000 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Stellantis by 19.8% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,803,310 shares of the company’s stock worth $19,908,000 after buying an additional 298,611 shares during the last quarter. Exane Asset Management boosted its holdings in Stellantis by 134.3% during the third quarter. Exane Asset Management now owns 1,401,411 shares of the company’s stock worth $12,961,000 after buying an additional 803,186 shares during the last quarter. Compagnie Lombard Odier SCmA boosted its holdings in Stellantis by 440.1% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 250,022 shares of the company’s stock worth $2,778,000 after buying an additional 203,731 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Stellantis by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 96,294,105 shares of the company’s stock worth $1,054,515,000 after purchasing an additional 1,150,400 shares during the period. Institutional investors own 59.48% of the company’s stock.
Key Stellantis News
Here are the key news stories impacting Stellantis this week:
- Positive Sentiment: Stellantis announced a roughly $1.17 billion partnership with Dongfeng to produce Peugeot and Jeep electric vehicles in China, with the plan also extending to exports. The deal could expand Stellantis’ EV footprint in a major market and support future revenue growth. Reuters: Stellantis, Dongfeng sign $1.17 billion deal to build Peugeot, Jeep vehicles in China
- Positive Sentiment: The company said the expanded cooperation with Dongfeng strengthens a 34-year partnership and could improve scale, R&D collaboration, and access to the Chinese market, which investors may view as a strategic growth step. GlobeNewswire: Stellantis and Dongfeng Strengthen Their Historic Partnership in China and Beyond
- Positive Sentiment: FDIC approval reportedly clears the way for Stellantis’ banking ambitions, which may help the company broaden its financing ecosystem and potentially add another profit stream. Seeking Alpha: FDIC approval clears path for Stellantis’ banking ambitions
- Neutral Sentiment: Stellantis also highlighted brand-building events for Dodge, Mopar, and Alfa Romeo, but these are mostly marketing items and are unlikely to materially move the stock on their own.
- Negative Sentiment: Multiple law firms issued class-action and securities-fraud alerts tied to Stellantis shares, keeping litigation risk in focus and adding a possible overhang for investors. PR Newswire: Investor Alert: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Stellantis N.V. of Class Action Lawsuit and Upcoming Deadlines – STLA
- Negative Sentiment: Additional deadlines and reminders from other firms suggest the lawsuit narrative is still active, which can weigh on sentiment even if no new operational issue was disclosed. GlobeNewswire: ROSEN, Recognized Investor Counsel, Encourages Stellantis N.V. Securities Investors to Secure Counsel Before Important Deadline in Securities Class Action – STLA
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on STLA
Stellantis Trading Up 3.0%
NYSE STLA opened at $7.83 on Friday. The stock’s 50-day moving average is $7.44 and its 200-day moving average is $9.13. Stellantis N.V. has a one year low of $6.28 and a one year high of $12.22. The firm has a market cap of $29.45 billion, a P/E ratio of 31.30, a P/E/G ratio of 0.27 and a beta of 1.39. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.03 and a quick ratio of 0.75.
Stellantis (NYSE:STLA – Get Free Report) last announced its earnings results on Tuesday, March 31st. The company reported $0.16 earnings per share (EPS) for the quarter. The firm had revenue of $44.14 billion during the quarter. Sell-side analysts anticipate that Stellantis N.V. will post 1 earnings per share for the current fiscal year.
About Stellantis
Stellantis N.V. is a global automotive manufacturer formed through the merger of Fiat Chrysler Automobiles (FCA) and Groupe PSA, a transaction completed in January 2021. The company designs, manufactures and sells a broad portfolio of passenger cars, light commercial vehicles and related powertrains under a large number of well-known brands, including (but not limited to) Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, Fiat, Jeep, Maserati, Opel, Peugeot, Ram and Vauxhall. Stellantis also provides parts, accessories, service operations and branded aftersales support through legacy networks such as Mopar and regional dealer ecosystems.
In addition to vehicle manufacturing, Stellantis operates mobility- and software-related businesses and financial services.
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