Aptiv (APTV) Reaches New 1-Year High and Low at $101.22

Shares of Aptiv PLC (NYSE:APTV) reached a new 52-week high and low on Thursday . The stock traded as low as $101.22 and last traded at $100.51, with a volume of 56646 shares changing hands. The stock had previously closed at $100.99.

Several research firms recently weighed in on APTV. Wells Fargo & Co lifted their price target on shares of Aptiv from $105.00 to $118.00 and gave the company an “outperform” rating in a report on Tuesday. Citigroup lifted their price target on shares of Aptiv to $110.00 and gave the company a “buy” rating in a report on Tuesday, May 8th. Barclays lifted their price target on shares of Aptiv from $113.00 to $114.00 and gave the company an “overweight” rating in a report on Thursday, May 3rd. Longbow Research set a $110.00 price target on shares of Aptiv and gave the company a “buy” rating in a report on Thursday, May 3rd. Finally, Deutsche Bank upgraded shares of Aptiv from a “hold” rating to a “buy” rating and set a $86.00 price target on the stock in a report on Thursday, May 3rd. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and twenty have given a buy rating to the company. Aptiv has a consensus rating of “Buy” and an average target price of $99.41.

The company has a debt-to-equity ratio of 1.13, a current ratio of 1.60 and a quick ratio of 1.27. The stock has a market cap of $26.51 billion, a P/E ratio of 21.69, a price-to-earnings-growth ratio of 1.39 and a beta of 1.52.

Aptiv (NYSE:APTV) last announced its quarterly earnings data on Wednesday, May 2nd. The auto parts company reported $1.29 EPS for the quarter, beating the consensus estimate of $1.20 by $0.09. The business had revenue of $3.63 billion during the quarter, compared to analyst estimates of $3.35 billion. Aptiv had a return on equity of 44.95% and a net margin of 8.44%. The business’s quarterly revenue was up 15.5% compared to the same quarter last year. analysts anticipate that Aptiv PLC will post 5.36 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 23rd. Shareholders of record on Wednesday, May 9th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.87%. The ex-dividend date of this dividend was Tuesday, May 8th. Aptiv’s dividend payout ratio is currently 18.97%.

Institutional investors have recently made changes to their positions in the business. BlackRock Inc. purchased a new position in shares of Aptiv in the 4th quarter worth about $1,534,060,000. Artisan Partners Limited Partnership raised its position in shares of Aptiv by 12.0% in the 1st quarter. Artisan Partners Limited Partnership now owns 7,848,147 shares of the auto parts company’s stock worth $666,857,000 after purchasing an additional 841,161 shares during the last quarter. Lazard Asset Management LLC purchased a new position in shares of Aptiv in the 4th quarter worth about $478,991,000. Neuberger Berman Group LLC raised its position in shares of Aptiv by 4.8% in the 1st quarter. Neuberger Berman Group LLC now owns 5,540,260 shares of the auto parts company’s stock worth $469,800,000 after purchasing an additional 251,614 shares during the last quarter. Finally, Longview Partners Guernsey LTD purchased a new position in shares of Aptiv in the 4th quarter worth about $378,094,000. 89.62% of the stock is owned by institutional investors and hedge funds.

About Aptiv

Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide. It operates through two segments, Signal and Power Solutions; and Advanced Safety and User Experience.

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