Panagora Asset Management Inc. Increases Holdings in Aptiv PLC $APTV

Panagora Asset Management Inc. boosted its position in shares of Aptiv PLC (NYSE:APTV) by 433.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 105,916 shares of the auto parts company’s stock after purchasing an additional 86,075 shares during the quarter. Panagora Asset Management Inc.’s holdings in Aptiv were worth $6,302,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. Middleton & Co. Inc. MA increased its stake in shares of Aptiv by 63.1% during the first quarter. Middleton & Co. Inc. MA now owns 33,668 shares of the auto parts company’s stock valued at $2,003,000 after buying an additional 13,026 shares during the period. Principal Financial Group Inc. grew its holdings in Aptiv by 3.5% during the 1st quarter. Principal Financial Group Inc. now owns 282,787 shares of the auto parts company’s stock worth $16,826,000 after acquiring an additional 9,552 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in Aptiv by 89.5% during the 1st quarter. Crossmark Global Holdings Inc. now owns 22,411 shares of the auto parts company’s stock valued at $1,333,000 after purchasing an additional 10,585 shares during the period. GAMMA Investing LLC raised its holdings in shares of Aptiv by 348.2% in the 1st quarter. GAMMA Investing LLC now owns 2,752 shares of the auto parts company’s stock valued at $164,000 after purchasing an additional 2,138 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Aptiv by 5.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 303,652 shares of the auto parts company’s stock worth $18,067,000 after purchasing an additional 15,849 shares during the period. 94.21% of the stock is currently owned by hedge funds and other institutional investors.

Aptiv Trading Down 0.8%

Shares of Aptiv stock opened at $79.68 on Monday. The company has a current ratio of 1.76, a quick ratio of 1.24 and a debt-to-equity ratio of 0.79. Aptiv PLC has a twelve month low of $47.19 and a twelve month high of $81.13. The firm has a market capitalization of $17.35 billion, a PE ratio of 18.23, a P/E/G ratio of 0.89 and a beta of 1.48. The firm’s 50-day moving average price is $71.13 and its 200 day moving average price is $65.32.

Aptiv (NYSE:APTV) last announced its earnings results on Thursday, July 31st. The auto parts company reported $2.12 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.29. The business had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.02 billion. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The business’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.58 earnings per share. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. On average, sell-side analysts predict that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on APTV. JPMorgan Chase & Co. lifted their price objective on shares of Aptiv from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Piper Sandler set a $70.00 price target on Aptiv and gave the company a “neutral” rating in a report on Thursday, May 22nd. UBS Group upped their price objective on Aptiv from $66.00 to $75.00 and gave the stock a “neutral” rating in a research note on Monday, July 14th. Morgan Stanley lifted their target price on Aptiv from $55.00 to $60.00 and gave the company an “underweight” rating in a research note on Tuesday, August 12th. Finally, Wells Fargo & Company boosted their target price on shares of Aptiv from $86.00 to $89.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $81.81.

Aptiv Profile

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.