Peddock Capital Advisors LLC Increases Stake in Aptiv PLC $APTV

Peddock Capital Advisors LLC raised its stake in Aptiv PLC (NYSE:APTV) by 19.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,459 shares of the auto parts company’s stock after purchasing an additional 1,050 shares during the period. Peddock Capital Advisors LLC’s holdings in Aptiv were worth $441,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Gamco Investors INC. ET AL grew its stake in Aptiv by 1.7% in the first quarter. Gamco Investors INC. ET AL now owns 9,760 shares of the auto parts company’s stock valued at $581,000 after purchasing an additional 160 shares during the last quarter. AlTi Global Inc. grew its stake in Aptiv by 1.6% in the first quarter. AlTi Global Inc. now owns 10,677 shares of the auto parts company’s stock valued at $635,000 after purchasing an additional 173 shares during the last quarter. Stephens Inc. AR boosted its holdings in Aptiv by 5.4% in the first quarter. Stephens Inc. AR now owns 3,941 shares of the auto parts company’s stock worth $234,000 after acquiring an additional 201 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its holdings in Aptiv by 2.9% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 8,443 shares of the auto parts company’s stock worth $502,000 after acquiring an additional 235 shares in the last quarter. Finally, OLD Second National Bank of Aurora boosted its holdings in Aptiv by 1.0% in the first quarter. OLD Second National Bank of Aurora now owns 24,547 shares of the auto parts company’s stock worth $1,461,000 after acquiring an additional 239 shares in the last quarter. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Insider Activity at Aptiv

In other news, CAO Allan J. Brazier sold 1,000 shares of the company’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $85.00, for a total value of $85,000.00. Following the transaction, the chief accounting officer owned 49,820 shares of the company’s stock, valued at $4,234,700. This represents a 1.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.45% of the stock is currently owned by company insiders.

Aptiv Stock Performance

Shares of Aptiv stock opened at $85.54 on Wednesday. Aptiv PLC has a 52 week low of $47.19 and a 52 week high of $86.50. The business’s fifty day simple moving average is $75.38 and its 200-day simple moving average is $67.27. The firm has a market cap of $18.63 billion, a PE ratio of 19.57, a price-to-earnings-growth ratio of 0.95 and a beta of 1.48. The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 0.79.

Aptiv (NYSE:APTV) last announced its quarterly earnings results on Thursday, July 31st. The auto parts company reported $2.12 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 for the quarter, compared to analyst estimates of $5.02 billion. During the same quarter in the prior year, the company 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. Equities analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Wall Street Zen raised Aptiv from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Oppenheimer raised their price target on Aptiv from $88.00 to $92.00 and gave the stock an “outperform” rating in a report on Thursday, September 11th. JPMorgan Chase & Co. raised their price target on Aptiv from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Bank of America lifted their target price on Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Finally, Wolfe Research downgraded Aptiv from an “outperform” rating to a “peer perform” rating in a report on Wednesday, July 2nd. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Aptiv presently has an average rating of “Moderate Buy” and an average target price of $85.53.

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.