D. E. Shaw Reduces $4M in Adient plc ($ADNT)
D. E. Shaw reduced its Adient position by 153,365 shares, a 4.5% decrease.
Key Points
- D. E. Shaw reduced its holdings in Adient by 153,365 shares, a 4.5% cut, leaving it with 3,283,218 shares valued at $77.88 million.
- Adient's stock is trading around $23.72 with a market cap of approximately $1.79 billion and a forward P/E of 6.88.
- Insiders at Adient have been active with recent stock transactions, and analysts have set price targets ranging from $26 to $33.
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D. E. Shaw has trimmed its stake in Adient plc (NYSE:ADNT) by 153,365 shares, reducing its position by 4.5%. As of the latest SEC filing on May 15, 2026, the fund holds 3,283,218 shares valued at approximately $77.88 million.
What Changed in D. E. Shaw's Adient Position
D. E. Shaw's recent filing shows a reduction in its Adient holdings from 3,436,583 shares to 3,283,218 shares, a decrease of 153,365 shares or 4.5%. The value of the remaining shares stands at about $77.88 million, reflecting a trimmed position in the auto parts company.
Other Institutional Activity in Adient
Other institutional investors have also been adjusting their positions in Adient. BlackRock, Inc. cut its stake by 491,181 shares, ending with 13,229,125 shares valued at $267.36 million. Dimensional Fund Advisors LP increased its holdings by 211,843 shares, bringing its total to 4,384,904 shares worth $88.61 million. Pzena Investment Management LLC slightly reduced its position by 41,773 shares, holding 3,635,297 shares valued at $73.47 million. Meanwhile, State Street Corp decreased its holdings by 92,062 shares to 3,139,267 shares, valued at $63.44 million.
Adient plc Stock Up 24.4%
Shares of NYSE:ADNT are trading near $23.72. Adient has a market cap of approximately $1.79 billion, with a P/E ratio of 35.14 and a forward P/E of 6.88. The stock has a 52-week low of $17.70 and a high of $27.32. Its 50-day moving average is $21.66, and the 200-day moving average is $21.95. The company has a beta of 1.509, indicating higher volatility compared to the market.
$ADNT stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its latest earnings report, Adient posted revenue of $14.94 billion, reflecting a 7% growth. The company reported an EPS of $0.65, with a net margin of 0.395% and a return on equity of 6.82%. Adient is expected to release its next earnings report on August 5, 2026.
Insider Buying and Selling at Adient plc
Recent insider activity at Adient includes several transactions. On June 4, 2026, David Herberg, EVP of EMEA, sold 699 shares at an average price of $22.58. Heather Tiltmann, EVP, CLO, CHRO & Secretary, also sold 22,000 shares at $22.71 on the same day. Earlier, on May 7, 2026, James Conklin, EVP of Americas, purchased 22,872 shares. Jodi Euerle Eddy and Richard Goodman each bought 8,208 shares on March 10, 2026.
Analysts Set New Price Targets
Analysts have recently updated their price targets for Adient. On May 11, 2026, Barclays maintained a 'hold' rating with a $29 target. UBS also maintained a 'buy' rating on May 7, 2026, with a target of $33. Citigroup upgraded the stock to 'buy' with a $33 target on April 15, 2026. The consensus among 12 analysts is a 'buy' rating, with an average target price of $31.42.
About Adient
Adient plc, based in Dublin, Ireland, designs and manufactures automotive seating systems and components. It serves original equipment manufacturers across North and South America, Europe, and Asia. The company was incorporated in 2016 and employs about 65,000 people under the leadership of CEO Jerome J. Dorlack. Adient's product offerings include complete seating systems, frames, foams, and trim covers.
Bottom Line
D. E. Shaw's decision to trim its Adient holdings by 4.5% reflects a rebalancing of its portfolio. Investors often watch such filings to gauge institutional sentiment, but it's important to remember these filings are backward-looking. Adient remains a significant player in the auto parts industry, with active insider trading and varied analyst opinions.
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