JPMorgan Chase & Co. Raises Aptiv (NYSE:APTV) Price Target to $105.00

Aptiv (NYSE:APTV) had its target price increased by analysts at JPMorgan Chase & Co. from $90.00 to $105.00 in a research note issued to investors on Monday, Marketbeat Ratings reports. The brokerage currently has an “overweight” rating on the auto parts company’s stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 22.61% from the stock’s current price.

APTV has been the subject of a number of other research reports. Wall Street Zen raised shares of Aptiv from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, September 23rd. Robert W. Baird boosted their target price on Aptiv from $97.00 to $105.00 and gave the stock an “outperform” rating in a report on Wednesday, October 8th. Citigroup initiated coverage on Aptiv in a report on Friday, October 10th. They set a “buy” rating and a $109.00 target price on the stock. Daiwa Capital Markets boosted their target price on Aptiv from $79.00 to $100.00 and gave the stock an “outperform” rating in a report on Wednesday, October 1st. Finally, Bank of America boosted 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. Three 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’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $93.35.

Aptiv Stock Up 2.7%

APTV stock opened at $85.64 on Monday. The stock has a market capitalization of $18.65 billion, a P/E ratio of 19.60, a P/E/G ratio of 0.91 and a beta of 1.55. The firm has a 50-day simple moving average of $81.98 and a 200-day simple moving average of $70.47. 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 has a 52 week low of $47.19 and a 52 week high of $88.80.

Aptiv (NYSE:APTV) last released its earnings results on Thursday, July 31st. The auto parts company reported $2.12 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.29. The business had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.02 billion. Aptiv had a net margin of 5.12% and a return on equity of 18.46%. The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.58 earnings per share. 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 will post 7.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Aptiv

In other news, CAO Allan J. Brazier sold 1,000 shares of the stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $85.00, for a total value of $85,000.00. Following the completion of the sale, 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 filing with the SEC, which is available at this hyperlink. 0.45% of the stock is currently owned by company insiders.

Institutional Trading of Aptiv

Several hedge funds have recently made changes to their positions in the company. Zions Bancorporation National Association UT purchased a new position in shares of Aptiv during the 1st quarter worth approximately $26,000. True Wealth Design LLC boosted its position in shares of Aptiv by 83.8% during the 2nd quarter. True Wealth Design LLC now owns 397 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 181 shares during the period. 1248 Management LLC purchased a new position in shares of Aptiv during the 1st quarter worth approximately $28,000. Geneos Wealth Management Inc. boosted its position in shares of Aptiv by 452.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 398 shares during the period. Finally, Mather Group LLC. boosted its position in shares of Aptiv by 155.2% during the 1st quarter. Mather Group LLC. now owns 633 shares of the auto parts company’s stock worth $38,000 after purchasing an additional 385 shares during the period. Hedge funds and other institutional investors own 94.21% of the company’s stock.

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.