5 Best Auto Parts Stocks to Buy Now

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In this article, we will take a look at the 5 best auto parts stocks to buy now. If you want to explore similar stocks, you can go to 10 Best Auto Parts Stocks to Buy Now.

5. Adient plc (NYSE:ADNT)

Number of Hedge Fund Holders: 29

Adient plc (NYSE:ADNT) is involved in the manufacturing of automotive seating for passenger cars, commercial vehicles, and light trucks. The company has operations worldwide. As of April 25, the stock has gained 6.67% over the past 12 months.

On April 17, Barclays analyst Dan Levy updated his price target on Adient plc (NYSE:ADNT) to $54 from $57 and maintained an Overweight rating on the shares. The stock is one of the best auto parts stocks to buy now.

At the close of Q4 2022, Adient plc (NYSE:ADNT) was spotted on 29 investors’ portfolios. These funds held positions worth $364.3 million in the company. As of December 31, Lyrical Asset Management is the leading shareholder in the company and has a stake worth $70.5 million.

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