VC Visteon Corp

Assenagon Asset Management S.A. significantly reduced its stake in Visteon Corporation (NASDAQ:VC) by 86.7% in the third quarter, now owning 24,778 shares valued at $2.97 million. Institutional investors collectively hold approximately 99.71% of Visteon's stock. Despite a Q3 revenue decline, Visteon beat EPS estimates, maintains a "Moderate Buy" consensus rating with an average price target of $133.08, and pays a quarterly dividend of $0.275.

Visteon Corporation (NASDAQ:VC) has received a consensus "Moderate Buy" rating from sixteen brokerage firms, with an average one-year target price of $133.08. The company recently reported Q3 EPS of $2.15, beating estimates, though revenue of $917 million missed expectations and was down year-over-year. Visteon also declared a quarterly dividend of $0.275 per share, and institutional investors hold a significant 99.71% of the stock.

The Texas Permanent School Fund Corp significantly increased its stake in Visteon Corporation, purchasing an additional 28,094 shares to hold a total of 48,482 shares valued at approximately $4.52 million. This move represents a 137.8% increase in their holdings. The report also highlights insider selling by CEO Sachin Lawande and provides an overview of analyst sentiment, which is a "Moderate Buy" with an average target price of $133.08.

Bridgeway Capital Management LLC has acquired a new stake of 162,439 shares in Visteon Corporation (NASDAQ:VC), valued at approximately $15.16 million, representing about 0.60% of the company. Institutional investors collectively own around 99.71% of Visteon's stock. Analysts currently hold a "Moderate Buy" consensus rating for Visteon with an average target price of $133.08, despite varied individual price target adjustments.

Visteon Corporation, an automotive electronics supplier, is banking on the industry's shift towards digital cockpits to fuel its growth, despite recent revenue headwinds. The company posted solid financial performance in 2024 with strong free cash flow and significant new business wins, outperforming the S&P 500. While facing competitive pressures and cyclical automotive demand, Visteon's specialized focus, strong balance sheet, and discounted valuation present a compelling long-term investment opportunity for those believing in the software-defined vehicle trend.

Albar Capital Partners LLP recently acquired a new position in Visteon Corporation (NASDAQ:VC), purchasing 50,503 shares valued at approximately $4.71 million, making it their 26th largest holding. Other institutional investors also adjusted their stakes in Visteon, which has a "Moderate Buy" consensus rating from analysts and an average target price of $133.08. The automotive technology company also declared a quarterly dividend of $0.275 per share and reported Q3 earnings that topped analyst estimates.