Yousif Capital Management LLC Sells 1,421 Shares of Aptiv PLC $APTV

Yousif Capital Management LLC lessened its stake in shares of Aptiv PLC (NYSE:APTV) by 4.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,764 shares of the auto parts company’s stock after selling 1,421 shares during the quarter. Yousif Capital Management LLC’s holdings in Aptiv were worth $2,030,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Goldman Sachs Group Inc. boosted its position in shares of Aptiv by 242.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,560,781 shares of the auto parts company’s stock worth $509,366,000 after purchasing an additional 6,062,438 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Aptiv by 10.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,934,199 shares of the auto parts company’s stock worth $353,085,000 after acquiring an additional 570,930 shares during the last quarter. Alliancebernstein L.P. raised its holdings in shares of Aptiv by 53.6% in the 1st quarter. Alliancebernstein L.P. now owns 3,515,617 shares of the auto parts company’s stock worth $209,179,000 after acquiring an additional 1,227,020 shares during the last quarter. Canada Pension Plan Investment Board raised its holdings in shares of Aptiv by 8.5% in the 1st quarter. Canada Pension Plan Investment Board now owns 3,404,273 shares of the auto parts company’s stock worth $202,554,000 after acquiring an additional 266,176 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its holdings in shares of Aptiv by 1.3% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,678,612 shares of the auto parts company’s stock worth $191,976,000 after acquiring an additional 33,441 shares during the last quarter. Institutional investors own 94.21% of the company’s stock.

Aptiv Trading Down 0.8%

NYSE:APTV opened at $82.79 on Friday. The firm has a 50-day moving average price of $81.36 and a two-hundred day moving average price of $70.05. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.24 and a current ratio of 1.76. Aptiv PLC has a 52 week low of $47.19 and a 52 week high of $88.80. The firm has a market cap of $18.03 billion, a price-to-earnings ratio of 18.95, a price-to-earnings-growth ratio of 0.90 and a beta of 1.55.

Aptiv (NYSE:APTV) last issued its quarterly earnings results on Thursday, July 31st. The auto parts company reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.29. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The company had revenue of $5.21 billion during the quarter, compared to analyst estimates of $5.02 billion. During the same quarter last year, the business posted $1.58 EPS. 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 expect that Aptiv PLC will post 7.2 earnings per share for the current fiscal year.

Insider Activity

In other news, CAO Allan J. Brazier sold 1,000 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief accounting officer owned 49,820 shares in the company, valued at $4,234,700. This trade 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 insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on APTV shares. UBS Group upped their target price on shares of Aptiv from $75.00 to $94.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. Bank of America upped their target price on shares of Aptiv from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Daiwa Capital Markets upped their target price on shares of Aptiv from $79.00 to $100.00 and gave the stock an “outperform” rating in a report on Wednesday, October 1st. Morgan Stanley upped their target price on shares of Aptiv from $55.00 to $60.00 and gave the stock an “underweight” rating in a report on Tuesday, August 12th. Finally, Wall Street Zen upgraded shares of Aptiv from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Aptiv presently has an average rating of “Moderate Buy” and an average target price of $92.47.

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.