UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $353.09 Million Stock Position in Aptiv PLC $APTV

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Aptiv PLC (NYSE:APTV) by 10.6% in the first quarter, HoldingsChannel reports. The fund owned 5,934,199 shares of the auto parts company’s stock after acquiring an additional 570,930 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC’s holdings in Aptiv were worth $353,085,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Zions Bancorporation National Association UT acquired a new position in Aptiv during the 1st quarter worth approximately $26,000. 1248 Management LLC acquired a new stake in shares of Aptiv in the 1st quarter valued at approximately $28,000. Mather Group LLC. boosted its holdings in shares of Aptiv by 155.2% in the 1st quarter. Mather Group LLC. now owns 633 shares of the auto parts company’s stock valued at $38,000 after buying an additional 385 shares during the last quarter. Eastern Bank acquired a new stake in shares of Aptiv in the 1st quarter valued at approximately $39,000. Finally, Versant Capital Management Inc boosted its holdings in shares of Aptiv by 201.7% in the 1st quarter. Versant Capital Management Inc now owns 703 shares of the auto parts company’s stock valued at $42,000 after buying an additional 470 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Trading Down 0.5%

Shares of Aptiv stock opened at $81.70 on Thursday. The business has a fifty day simple moving average of $73.01 and a two-hundred day simple moving average of $66.09. Aptiv PLC has a 1 year low of $47.19 and a 1 year high of $82.74. The company has a market capitalization of $17.79 billion, a price-to-earnings ratio of 18.69, a P/E/G ratio of 0.92 and a beta of 1.48. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.24.

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

Wall Street Analyst Weigh In

Several research firms have recently commented on APTV. Morgan Stanley increased their price objective on Aptiv from $55.00 to $60.00 and gave the company an “underweight” rating in a report on Tuesday, August 12th. Piper Sandler set a $70.00 price objective on Aptiv and gave the company a “neutral” rating in a report on Thursday, May 22nd. JPMorgan Chase & Co. increased their price objective on Aptiv from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Wall Street Zen downgraded Aptiv from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Barclays increased their price objective on Aptiv from $65.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, July 16th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $83.93.

About Aptiv

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.