Aptiv PLC (NYSE:APTV) Receives $93.35 Consensus Price Target from Brokerages

Aptiv PLC (NYSE:APTV) has earned an average recommendation of “Moderate Buy” from the twenty-three analysts that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, thirteen have given a buy rating and three have issued a strong buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $93.3529.

Several analysts recently commented on the stock. 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 increased their target price on shares of Aptiv from $97.00 to $105.00 and gave the company an “outperform” rating in a research note on Wednesday, October 8th. Citigroup initiated coverage on shares of Aptiv in a research report on Friday, October 10th. They issued a “buy” rating and a $109.00 price target for the company. JPMorgan Chase & Co. upped their price target on shares of Aptiv from $90.00 to $105.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Finally, Daiwa Capital Markets upped their price target on shares of Aptiv from $79.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, October 1st.

Insider Activity at Aptiv

In related news, CAO Allan J. Brazier sold 1,000 shares of the company’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 value of $85,000.00. Following the completion of the sale, the chief accounting officer owned 49,820 shares in the company, valued at approximately $4,234,700. This represents a 1.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.45% of the company’s stock.

Institutional Investors Weigh In On Aptiv

Hedge funds have recently made changes to their positions in the company. ASR Vermogensbeheer N.V. lifted its position in Aptiv by 1.9% in the 3rd quarter. ASR Vermogensbeheer N.V. now owns 124,883 shares of the auto parts company’s stock worth $10,767,000 after buying an additional 2,383 shares in the last quarter. Figure 8 Investment Strategies LLC lifted its position in Aptiv by 2.2% in the 3rd quarter. Figure 8 Investment Strategies LLC now owns 20,763 shares of the auto parts company’s stock worth $1,790,000 after buying an additional 445 shares in the last quarter. Washington Capital Management Inc. lifted its position in Aptiv by 9.0% in the 3rd quarter. Washington Capital Management Inc. now owns 14,470 shares of the auto parts company’s stock worth $1,248,000 after buying an additional 1,195 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in Aptiv by 1,259.2% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 135,359 shares of the auto parts company’s stock worth $11,671,000 after buying an additional 125,400 shares in the last quarter. Finally, Meritage Portfolio Management purchased a new stake in Aptiv in the 3rd quarter worth approximately $5,253,000. Hedge funds and other institutional investors own 94.21% of the company’s stock.

Aptiv Stock Up 0.7%

APTV stock opened at $86.72 on Wednesday. Aptiv has a 12 month low of $47.19 and a 12 month high of $88.80. The firm has a market cap of $18.88 billion, a PE ratio of 19.84, a P/E/G ratio of 0.93 and a beta of 1.55. The firm has a 50 day simple moving average of $83.05 and a 200 day simple moving average of $71.80. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.76 and a quick ratio of 1.24.

Aptiv (NYSE:APTV) last released its 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 net margin of 5.12% and a return on equity of 18.46%. The business had revenue of $5.21 billion during the quarter, compared to analyst estimates of $5.02 billion. During the same period in the prior year, the business earned $1.58 earnings per share. The business’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 research analysts forecast that Aptiv will post 7.2 earnings per share for the current fiscal year.

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.