This Acquirers Multiple Stock Is Undervalued, According to Druckenmiller, Asness, Ainslie

Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:

Stellantis N.V. (STLA)

Stellantis NV was formed on Jan. 16, 2021, from the merger of Fiat Chrysler Automobiles and PSA Group. The combination of the two companies created the world’s fifth-largest automaker, with 14 automobile brands. In 2023, pro forma Stellantis had sales volume of 6.2 million vehicles and EUR 189.5 billion in revenue, albeit affected by the microchip shortage. Europe is Stellantis’ largest market, accounting for 44% of 2023 global volume while North America and South America were 29% and 15%, respectively.

A quick look at the price chart below shows us that the stock is up 11.57% in the past twelve months.

Source: Google Finance

(Shares)

Ken Griffin – 645,078

Stan Druckenmiller – 588,050

Bill Miller – 430,000

Israel Englander – 179,884

Ken Fisher – 137,143

Cliff Asness – 72,175

Francis Chou – 30,000

Mario Gabelli – 16,500

Lee Ainslie – 16,299

Paul Tudor Jones – 14,087