Institutional investors increase exposure as stellantis stock adjusts after earnings miss

Global funds stepped up exposure to stellantis stock in 2025, even as the automaker digested a weaker quarter and mixed reactions from Wall Street analysts.

Norges Bank stake and major institutional flows

Norges Bank disclosed a significant new position in Stellantis N.V. (NYSE: STLA) during the second quarter, according to its latest 13F filing with the SEC. The Norwegian central bank bought 38,377,092 shares of the company’s stock, valued at approximately $384,724,000, giving it an estimated 1.27% stake at quarter-end.

Moreover, several other large institutions sharply increased or initiated positions in Stellantis. Goldman Sachs Group Inc. boosted its holding by 208.0% in the first quarter, purchasing an additional 64,406,866 shares. Goldman Sachs now owns 95,367,261 shares, worth $1,069,067,000, underscoring strong institutional interest despite recent volatility.

Deutsche Bank AG opened a new position in the first quarter worth about $368,520,000, while HSBC Holdings PLC expanded its stake by 318.6%. HSBC now controls 11,808,556 shares valued at $130,893,000 after adding 8,987,548 shares over the period. That said, Groupe la Francaise and Nuveen LLC also initiated positions of $62,123,000 and $56,349,000, respectively.

As a result of these moves, approximately 59.48% of Stellantis stock is now owned by hedge funds and other institutional investors. This high level of institutional investors ownership typically reflects deep engagement from global asset managers and can influence liquidity and price discovery.

Stellantis stock performance and key trading metrics

Shares of Stellantis opened at $10.65 on Monday, placing the company in the lower half of its recent trading range. The fifty day moving average stood at $10.26, while the 200 day moving average was $9.93, signaling modest upward momentum over the longer term. However, the stock remains below its recent highs.

Over the last twelve months, the Stellantis N.V. stock price has traded between a low of $8.39 and a high of $14.28. The company’s balance sheet shows a current ratio of 1.06 and a quick ratio of 0.77, indicating adequate short-term liquidity. In addition, a debt-to-equity ratio of 0.37 highlights a relatively conservative capital structure for a global automaker.

Earnings miss and revenue trends

Stellantis last reported quarterly results on Thursday, October 30th. The company delivered an EPS of ($0.91), missing the consensus estimate of $0.41 by $1.32. This sizeable gap represented a clear stellantis earnings miss and weighed on sentiment around the shares in subsequent sessions.

Moreover, quarterly revenue came in at $87.44 billion, slightly below the average analyst projection of $87.94 billion. While the top-line shortfall was modest, the negative earnings figure surprised many observers. As a group, equities analysts still expect Stellantis N.V. to post 2.3 EPS for the current fiscal year, implying a rebound from the weak quarter.

Analyst ratings, targets and consensus view

STLA has been the subject of several rating changes in recent months. The Goldman Sachs Group upgraded Stellantis to a “hold” rating in a report published Monday, November 24th. This shift followed a period of more cautious commentary, and it reflects a more balanced near-term stance from the bank’s research team.

BNP Paribas also upgraded Stellantis to “hold” on Tuesday, September 9th, after previously leaning more defensively on the name. However, Berenberg Bank took a more constructive view, raising its rating from “hold” to “buy” and assigning a $11.20 price target in a research note dated Friday, September 19th.

Meanwhile, BNP Paribas Exane initiated coverage on Monday, September 8th with a “neutral” rating and a $10.10 price target, signaling limited expected upside in the short term. Finally, Zacks Research upgraded the shares from “strong sell” to “hold” in a report on Monday, October 6th, citing a more balanced risk-reward profile after the pullback.

In aggregate, two analysts currently rate the stock “Buy”, thirteen have “Hold” recommendations and two assign “Sell” ratings. According to MarketBeat data, Stellantis carries an average rating of “Hold” with a consensus target price of $11.75. This stla analyst consensus implies modest potential upside from recent trading levels.

Business profile and sector positioning

Stellantis N.V. is a diversified global automaker operating across Europe, North America and other key markets. The group designs, engineers, manufactures, distributes and sells passenger cars and light commercial vehicles, as well as engines, transmission systems and metallurgical products. Moreover, it offers mobility services and production systems worldwide, supporting its industrial footprint.

The company portfolio spans luxury and premium vehicles, sport utility vehicles and a mix of American and European brands. It also supplies parts and services and provides retail and dealer financing, leasing and rental solutions. This broad positioning leaves Stellantis exposed to trends in the automotive industry outlook, including electrification, software-defined vehicles and evolving consumer preferences.

Outlook for investors

For investors tracking stellantis stock, the combination of a large Norges Bank stake, aggressive buying from Goldman Sachs and other institutions, and a clear earnings miss creates a nuanced backdrop. However, strong balance sheet metrics, a diversified business model and a broadly neutral analyst stance may help stabilize expectations.

In summary, Stellantis enters the coming quarters with solid institutional support but also a need to rebuild earnings momentum and deliver on strategic goals, as markets weigh valuation against execution risk.