Banque Cantonale Vaudoise Purchases 273,041 Shares of Stellantis N.V. $STLA

Banque Cantonale Vaudoise boosted its position in Stellantis N.V. (NYSE:STLA) by 1,342.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 293,387 shares of the company’s stock after acquiring an additional 273,041 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Stellantis were worth $3,260,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. United Community Bank bought a new position in Stellantis in the fourth quarter valued at approximately $26,000. Flagship Harbor Advisors LLC acquired a new stake in Stellantis in the fourth quarter valued at approximately $27,000. Montag A & Associates Inc. acquired a new stake in Stellantis in the third quarter valued at approximately $34,000. Cromwell Holdings LLC boosted its position in Stellantis by 1,402.0% in the fourth quarter. Cromwell Holdings LLC now owns 3,725 shares of the company’s stock valued at $41,000 after buying an additional 3,477 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in Stellantis by 63.8% in the second quarter. EverSource Wealth Advisors LLC now owns 6,286 shares of the company’s stock valued at $63,000 after buying an additional 2,448 shares in the last quarter. 59.48% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on STLA shares. Wall Street Zen upgraded shares of Stellantis from a “sell” rating to a “hold” rating in a research report on Monday, March 9th. Bank of America lowered shares of Stellantis from a “neutral” rating to an “underperform” rating in a report on Monday, May 11th. Kepler Capital Markets lowered shares of Stellantis from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 16th. Morgan Stanley lowered shares of Stellantis from an “overweight” rating to an “equal weight” rating and set a $10.90 price target on the stock. in a report on Tuesday, February 3rd. Finally, Loop Capital set a $8.00 price target on shares of Stellantis in a report on Monday, March 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $11.12.

Stellantis Price Performance

STLA stock opened at $7.53 on Thursday. The firm has a market cap of $28.32 billion, a price-to-earnings ratio of 30.10, a PEG ratio of 0.26 and a beta of 1.39. The company has a quick ratio of 0.75, a current ratio of 1.03 and a debt-to-equity ratio of 0.50. Stellantis N.V. has a 12-month low of $6.28 and a 12-month high of $12.22. The company’s fifty day simple moving average is $7.46 and its 200 day simple moving average is $9.03.

Stellantis (NYSE:STLA) last released 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. On average, analysts expect that Stellantis N.V. will post 1.01 earnings per share for the current year.

More Stellantis News

Here are the key news stories impacting Stellantis this week:

• Positive Sentiment: Stellantis is preparing to outline a turnaround strategy, including a U.S. recovery plan, a leaner brand portfolio, and new partnerships, which could improve investor confidence in management’s ability to stabilize the business. Reuters article
• Positive Sentiment: The company announced a European joint venture with Dongfeng focused on new-energy vehicles, supporting its push into lower-cost EVs and broadening its China-linked growth strategy. GlobeNewswire article
• Positive Sentiment: Stellantis also announced collaboration talks with Jaguar Land Rover in the U.S., potentially creating product-development synergies and helping improve efficiency. GlobeNewswire article
• Positive Sentiment: J.P. Morgan reportedly reiterated a Buy rating, adding a favorable analyst signal ahead of the company’s investor strategy update. Globe and Mail article
• Neutral Sentiment: Stellantis is expanding affordable EV plans in Europe, including a small-car project and new production in Italy, which is strategically important but still several years from production. GlobeNewswire article
• Neutral Sentiment: The Ram brand’s new V-8-powered “muscle trucks” may help generate interest with truck buyers, but the launch is more of a product update than an immediate financial catalyst. CNBC article
• Negative Sentiment: Multiple law firms are publicizing class-action lawsuits and lead-plaintiff deadlines against Stellantis, keeping legal risk and potential overhang on the shares front and center. PR Newswire article
• Negative Sentiment: Those lawsuits allege the company misled investors about electrification earnings potential and restructuring needs, which could weigh on sentiment until there is more clarity. GlobeNewswire article

Stellantis Company Profile

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.