Weiss Ratings reiterated their hold (c) rating on shares of Aptiv (NYSE:APTV – Free Report) in a research note released on Wednesday morning,Weiss Ratings reports.
A number of other research firms also recently issued reports on APTV. Royal Bank Of Canada lifted their price target on shares of Aptiv from $85.00 to $92.00 and gave the company an “outperform” rating in a research report on Tuesday, August 5th. UBS Group lifted their price target on Aptiv from $75.00 to $94.00 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Daiwa Capital Markets lifted their price target on Aptiv from $79.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 1st. JPMorgan Chase & Co. lifted their target price on shares of Aptiv from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Finally, Wells Fargo & Company boosted their price target on Aptiv from $103.00 to $106.00 and gave the stock an “overweight” rating in a report on Thursday, September 25th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $90.88.
Check Out Our Latest Stock Report on Aptiv
Aptiv Stock Down 2.4%
Aptiv (NYSE:APTV – Get Free Report) last released 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. Aptiv had a return on equity of 18.46% and a net margin of 5.12%.The company 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 company earned $1.58 earnings per share. Aptiv’s quarterly revenue was up 3.1% compared to the same quarter last year. Aptiv has set its FY 2025 guidance at 7.300-7.600 EPS. Q3 2025 guidance at 1.600-1.800 EPS. On average, equities analysts anticipate that Aptiv will post 7.2 earnings per share for the current fiscal year.
Insider Activity at Aptiv
In other news, CAO Allan J. Brazier sold 1,000 shares of the company’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $85.00, for a total transaction of $85,000.00. Following the completion of 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.45% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Aptiv
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Stephens Inc. AR increased its position in Aptiv by 3.9% during the second quarter. Stephens Inc. AR now owns 4,096 shares of the auto parts company’s stock worth $279,000 after purchasing an additional 155 shares during the last quarter. Gamco Investors INC. ET AL increased its holdings in shares of Aptiv by 1.7% during the 1st quarter. Gamco Investors INC. ET AL now owns 9,760 shares of the auto parts company’s stock worth $581,000 after buying an additional 160 shares during the last quarter. AlTi Global Inc. increased its holdings in shares of Aptiv by 1.6% during the 1st quarter. AlTi Global Inc. now owns 10,677 shares of the auto parts company’s stock worth $635,000 after buying an additional 173 shares during the last quarter. Steward Partners Investment Advisory LLC increased its stake in Aptiv by 18.5% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,148 shares of the auto parts company’s stock worth $78,000 after acquiring an additional 179 shares during the last quarter. Finally, True Wealth Design LLC increased its stake in Aptiv by 83.8% during the second quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 181 shares during the last quarter. Institutional investors and hedge funds own 94.21% of the company’s stock.
Aptiv Company 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.
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