NYSE: STLA
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While you may recognize the names in the Stellantis portfolio, you may be less familiar with the corporation itself. Stellantis was formed after a merger between Fiat Chrysler Automobiles (FCA) and French carmaker PSA and started operating in its current iteration in 2021. But many of its brands have far longer histories.
Stellantis produces traditional internal combustion engine vehicles, but the company is also committed to offering an increasing number of electric vehicles (EVs). In 2024, the company had more than 45 battery-powered EVs (BEVs) in its portfolio. By 2030, it projects having more than 75 BEV models in its portfolio, making the company a worthy consideration for those interested in electric car stocks.
Although the company manufactures motor vehicles as its main business, it's also a notable investor in Archer Aviation (ACHR +0.46%). Archer is dedicated to providing customers with a novel option for traveling in urban settings on its electric vertical takeoff and landing aircraft.
In January 2023, Stellantis inked an agreement with Archer to manufacture the company's Midnight aircraft. In addition, Stellantis provided Archer with as much as $150 million in equity capital to access as it sees fit in 2023 and 2024.
Stellantis then announced in March 2024 that it had completed a series of purchases of Archer stock on the open market totaling about 8.3 million shares. Since first investing in Archer in 2021, Stellantis has grown its ownership position in the company significantly. As of February 2025, Stellantis owned about 16% of Archer Aviation's outstanding shares.
How to buy Stellantis stock
Before you can hitch a ride with Stellantis as an investor, there are some basic steps you need to take to buy stocks.
- Open your brokerage app: Log in to your brokerage account where you handle your investments.
- Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
After its poor performance in 2024, management reduced the dividend to ensure the company didn't find itself in poor financial health. For 2025, the company projects it will return 0.68 euros per share (approximately $0.74) to investors.
Stellantis has one of the highest dividend yields among automakers, with a forward yield of about 5.6% based on its share price as of February 2025. That's a significantly higher yield than peers like Honda Motor (HMC -0.82%) and Toyota Motor (TM +0.27%) currently pay.
The bottom line on Stellantis
Since the completion of the FCA and PSA merger, shares of Stellantis have failed to keep pace with the S&P 500 index. But it's important to remember that the company has operated in its post-merger form for just over three years. It's quite possible that this leading global automaker will be a long-term winner for investors.
Whether you're interested in gaining EV exposure, boosting your passive income, or pursuing another goal altogether, Stellantis could be a good choice to park in your portfolio.
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