Chevy Chase Trust Holdings LLC Sells 5,331 Shares of Aptiv PLC $APTV

Chevy Chase Trust Holdings LLC trimmed its stake in Aptiv PLC (NYSE:APTV) by 4.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 115,018 shares of the auto parts company’s stock after selling 5,331 shares during the period. Chevy Chase Trust Holdings LLC owned approximately 0.05% of Aptiv worth $7,847,000 as of its most recent SEC filing.

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

Aptiv Stock Up 0.8%

Shares of Aptiv stock opened at $83.44 on Tuesday. 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 stock has a market capitalization of $18.17 billion, a price-to-earnings ratio of 19.09, a P/E/G ratio of 0.90 and a beta of 1.55. The company’s 50 day moving average price is $81.69 and its 200-day moving average price is $70.36.

Aptiv (NYSE:APTV) last issued its 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 firm had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.02 billion. During the same quarter last year, the business earned $1.58 earnings per share. The business’s 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 research analysts forecast that Aptiv PLC will post 7.2 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on APTV shares. Wall Street Zen upgraded shares of Aptiv from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 23rd. Oppenheimer increased their price target on shares of Aptiv from $88.00 to $92.00 and gave the company an “outperform” rating in a research report on Thursday, September 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Aptiv in a research report on Wednesday, October 8th. Bank of America increased their price target on shares of Aptiv from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Finally, Wolfe Research cut shares of Aptiv from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, July 2nd. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $93.35.

Insider Transactions at Aptiv

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the business’s stock in a transaction 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 transaction, the chief accounting officer directly owned 49,820 shares of the company’s stock, valued at approximately $4,234,700. The trade was a 1.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.45% of the company’s stock.

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.