Adient PLC (ADNT) Fell Along with Peers in Q1
From Yahoo Finance: 2025-05-19 10:28:00
Hotchkis & Wiley Capital Management LLC released its first quarter 2025 investor letter for the Hotchkis & Wiley Mid-Cap Value Fund, which returned -5.63% underperforming the Russell Midcap Value Index. US mid-cap stocks surged post-Presidential elections but declined in Q1 2025 due to tariffs, high inflation, and weak macroeconomic factors.
In the investor letter, Hotchkis & Wiley Mid-Cap Value Fund highlighted Adient plc (NYSE:ADNT), a manufacturer of seating systems and components. Adient plc (NYSE:ADNT) saw a one-month return of 37.68% and a 45.18% loss in share value over the last 52 weeks, closing at $15.82 per share on May 16, 2025.
Adient plc (NYSE:ADNT) faced challenges due to potential tariffs on imports from Canada and Mexico, impacting its manufacturing presence in Mexico. Despite this, Hotchkis & Wiley believes ADNT is attractively valued, with a successful portfolio right-sizing, share buybacks, and a strong balance sheet.
Adient plc (NYSE:ADNT) is not among the 30 Most Popular Stocks Among Hedge Funds. In the fiscal second quarter of 2025, Adient plc (NYSE:ADNT) reported consolidated net sales of approximately $3.6 billion, a decrease of $139 million compared to the previous year. While Adient plc (NYSE:ADNT) has potential as an investment, Hotchkis & Wiley sees greater promise in AI stocks for higher returns.